Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional four-unit property offers immediate cash flow with outstanding long-term upside. Currently generating $78,900 beginning August 2026—representing an impressive 10% increase in rental income from last leasing cycle. This income-producing asset is an outstanding opportunity for investors seeking stable returns, dependable cash flow, and built-in rental growth. The property consists of four spacious student housing units totaling 11 bedrooms and 7 bathrooms across four full floors of living space: Unit 1: 2 bed / 1 bath (Lower Level) / $1100 Monthly Rent
Unit 2: 3 bed / 2 bath (First Floor) / $1650 Monthly Rent
Unit 3: 3 bed / 2 bath (Second Floor) / $1875 Monthly Rent
Unit 4: 3 bed / 2 bath (Third Floor) / $1950 Monthly Rent Located within the Temple University Patrol Zone and just steps from Temple University's main campus, its desirable unit mix, strong in-place cash flow, and significant scheduled rent growth position this asset for continued long-term performance and investor stability. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
Foreclosure
$724,999
1854 N 16th St, Philadelphia, PA 19121
11beds
--baths
3,357sqft
Townhouse
Built in 1915
-- sqft lot
$-- Zestimate®
$216/sqft
$-- HOA
What's special
Spacious student housing units
- 37 days
- 43
- 4
Zillow last checked:
Listing updated:
Listed by:
Danielle Redenbaugh 267-614-3971,
BHHS Fox & Roach-Center City Walnut (215) 627-6005
Source: Bright MLS,MLS#: PAPH2665192
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total structure area: 3,357
- Total interior livable area: 3,357 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
- Dimensions: 16.00 ft × 98.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 321098900
- Zoning: RM1
- Special conditions: Real Estate Owned
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
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $589,000
- Annual tax amount: $8,244
- Date on market: 8/31/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listing removed | $845,357$252/sqft |
Source: | ||
| 6/28/2026 | Listed for sale | $845,357$252/sqft |
Source: | ||
Public tax history
Tax history is unavailable.






