For sale

$829,000

1648 S 16th St, Philadelphia, PA 19145

4beds

3baths

2,896sqft

$5,621/mo

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Townhouse

Built in 1915

-- sqft lot

$797,300 Zestimate^®

$286/sqft

$-- HOA

What's special

In-unit laundry

Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1-bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come. BONUS: Tax abatement runs through 2030!

19 days
175
17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Forced Air, Heat Pump, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater
Laundry: Washer In Unit, Dryer In Unit

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 2,896
Total interior livable area: 2,896 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Public, Unassigned, On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 992 Square Feet
Features: Corner Lot/Unit

Details

Additional structures: Above Grade
Parcel number: 871550700
Zoning: CMX1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Townhouse

Materials

Masonry
Foundation: Other

Condition

New construction: No
Year built: 1915
Major remodel year: 2020

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Price per square foot: $286/sqft
Tax assessed value: $340,217
Annual tax amount: $4,762
Date on market: 9/18/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple
Total actual rent: 62940

Estimated market value

$797,300

$757,000 - $837,000

$2,131/mo

Price history

Date	Event	Price
9/18/2026	Listed for sale	$829,000+30.6%$286/sqft
Source: Bright MLS #PAPH2671842 Report a problem
4/27/2022	Sold	$635,000-3.6%$219/sqft
Source: Bright MLS #PAPH2076396 Report a problem
2/23/2022	Pending sale	$659,000$228/sqft
Source: Bright MLS #PAPH2076396 Report a problem
2/13/2022	Contingent	$659,000$228/sqft
Source: Bright MLS #PAPH2076396 Report a problem
1/31/2022	Listed for sale	$659,000-2.4%$228/sqft
Source: Bright MLS #PAPH2076396 Report a problem
7/21/2021	Listing removed	$675,000$233/sqft
Source: Bright MLS #PAPH1005944 Report a problem
4/27/2021	Price change	$675,000-2.9%$233/sqft
Source: Bright MLS #PAPH1005944 Report a problem
4/12/2021	Listed for sale	$695,000+3%$240/sqft
Source: Bright MLS #PAPH1005944 Report a problem
11/16/2020	Listing removed	$675,000$233/sqft
Source: OCF Realty LLC #PAPH937272 Report a problem
9/30/2020	Price change	$675,000-3.6%$233/sqft
Source: OCF Realty LLC #PAPH937272 Report a problem
9/20/2020	Listed for sale	$699,900+154.5%$242/sqft
Source: OCF Realty LLC #PAPH937272 Report a problem
4/24/2018	Sold	$275,000+400%$95/sqft
Source: Public Record Report a problem
4/4/1995	Sold	$55,000$19/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,483 +28.8%	$391,700 -22.9%
2024	$4,257	$508,000
2023	$4,257	$508,000
2022	$4,257	--
2021	$4,257 +1%	--
2018	$4,215 +11.3%	--
2017	$3,788	--
2016	$3,788 +522.8%	--
2015	$608	--
2014	$608	$282,700