Turnkey 5-Plex Apartment
2914 W Oxford Street Philadelphia, PA 19121
For Sale
$869,000
Turnkey 5-plex featuring in-unit washer/dryers and a unit mix of studio, one-, and two-bedroom homes.
Property Size3,439 SF
Price / SF$252.69
Days on Market316
Property Features for 2914 W Oxford Street
General Information
- Standard status
- Active
- Size
- 3,439 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2022
Listing Agency:
(610) 606-1095
Listed By:
Keller Williams Liberty Place
(610) 606-1095
Source:
Xome
Added: Sep 12, 2025
Changed: Jul 20
Last Checked: Jul 24 at 5:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Liberty Place
Investment Insights
Based on property information with market context.
Introducing 2914 W Oxford Street: a turnkey 5-plex apartment building developed by Baker Street Partners. The property is configured with two 1-bedroom units, two 2-bedroom units, and one studio, totaling approximately 3,440 SF. Each unit includes in-unit washer/dryer, and the units are described as having luxury interiors and ample natural light via corner exposure.
The building is positioned on a quiet hilltop corner with street presence at the corner of Oxford and Hollywood. The remarks also note easy access to Fairmount Park outdoor recreation, including trails and courts. The offering is presented as delivering an attractive 7.5% cap rate and includes a full 10-year tax abatement, with buyers responsible for verifying all details during due diligence, including square footage, taxes, and financials.
The building is positioned on a quiet hilltop corner with street presence at the corner of Oxford and Hollywood. The remarks also note easy access to Fairmount Park outdoor recreation, including trails and courts. The offering is presented as delivering an attractive 7.5% cap rate and includes a full 10-year tax abatement, with buyers responsible for verifying all details during due diligence, including square footage, taxes, and financials.
Key Highlights
- 2022‑built 5‑plex apartment building with 3,440 SF, located on the corner of Oxford and Hollywood in Brewerytown
- Unit mix includes two 1BD, two 2BD, and one studio apartment
- Full 10‑year tax abatement is in place (buyer to verify in DD)
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.4k | $30.36 |
| − Vacancy | −$6.1k | −$1.76 |
| EGI | $98.4k | $28.60 |
| − OpEx | −$44.3k | −$12.87 |
| NOI | $54.1k | $15.73 |
3,439 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$772.8K
$676.2K – $901.6K
NOI $54,094 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$838.4K
$733.6K – $978.1K
NOI $58,686 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Turnkey 5-plex featuring in-unit washer/dryers and a unit mix of studio, one-, and two-bedroom homes.
Where is this apartment building located?
The property is located at 2914 W Oxford Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 2022‑built 5‑plex apartment building with 3,440 SF, located on the corner of Oxford and Hollywood in Brewerytown; Unit mix includes two 1BD, two 2BD, and one studio apartment; Full 10‑year tax abatement is in place (buyer to verify in DD)
