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Sold for $387,000
  • $387,000

    1844 N 16th St, Philadelphia, PA 19121

    6beds
    2baths
    2,784sqft
    Townhouse
    Built in 1915
    -- sqft lot
    $387,100 Zestimate®
    $139/sqft
    $2,432 Estimated rent

    Home value

    $387,100

    $368,000 - $406,000

    $2,432/mo

    Zestimate® history
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    $2,432/mo

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    What's special

    Investor Alert! 24-hour notice required for all showings. Currently operating as a 6-bedroom, 2.5 bath rental, the property generates $4,200 per month ($50,400 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. Offering a nearly 9% cap rate. This property is that it is a legal six-unit rooming house with grandfathered zoning rights, making it a 6-unit building by right. This designation creates significant future value-add potential for the next owner. Subject to buyer due diligence. The property benefits from its premier location just steps from Temple University's main campus. Positioned in the heart of the university's most desirable off-campus housing district and within campus patrol zone. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078 and PAPH2637494

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Coleman 484-942-6266,

    Keller Williams Realty Devon-Wayne,

    Co-Listing Agent: Danielle Redenbaugh 267-614-3971,

    Keller Williams Realty Devon-Wayne

    Bought with:

    Chantelle Wise, RS364422

    Keys & Deeds Realty

    Source: Bright MLS,MLS#: PAPH2637526MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,784
    • Total interior livable area: 2,784 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,742 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 321098401
    • Zoning: RM1
    • Zoning description: Grandfathered legal 6-unit rooming house. Buyer responsible for confirming all future use and development plans.
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Temple University
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $139/sqft
    • Tax assessed value: $446,200
    • Annual tax amount: $6,245
    • Date on market: 6/17/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Total actual rent: 50400

    Price history

    DateEventPrice
    9/10/2026Sold$387,000-3.2%$139/sqft
    Source: Bright MLS #PAPH2637526 Report a problem
    8/9/2026Contingent$399,900$144/sqft
    Source: Bright MLS #PAPH2637506 Report a problem
    6/17/2026Listed for sale$399,900+14.3%$144/sqft
    Source: Bright MLS #PAPH2637506 Report a problem
    12/15/2010Sold$350,000$126/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,246 -5.9%$446,200 -5.9%
    2024$6,641 $474,400
    2023$6,641 +19.1%$474,400
    2022$5,575 --
    2021$5,575 +3.5%--
    2018$5,389 --
    2017$5,389 +23.9%--
    2016$4,351 --
    2015$4,351 --
    2014$4,351 +48.5%$218,600 +2169.5%
    2012$2,929 $9,632
    2011-- $9,632
    2010-- $9,632
    2009-- $9,632
    2008-- $9,632
    2007-- $9,632 +7.5%
    2006-- $8,960
    2005-- $8,960
    2004-- $8,960
    2003-- $8,960 +3400%
    2002-- $256
    2000-- $256
    1999-- $256
    Find assessor info on the county website

    Neighborhood: North Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Philadelphia City

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $387,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $387,100