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For sale
  • $845,357

    1854 N 16th St, Philadelphia, PA 19121

    11beds
    7baths
    3,357sqft
    : 
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    Townhouse
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $252/sqft
    $-- HOA

    What's special

    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 $71,700 in annual gross rental income, with leases already in place that will increase annual gross rental income to $78,900 beginning August 2026—representing an impressive 10% increase in rental income. 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)
Unit 2: 3 bed / 2 bath (First Floor)
Unit 3: 3 bed / 2 bath (Second Floor)
Unit 4: 3 bed / 2 bath (Third Floor) 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: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518
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    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Redenbaugh 267-614-3971,

    Keller Williams Realty Devon-Wayne 6106478300,

    Co-Listing Agent: Michael Coleman 484-942-6266,

    Keller Williams Realty Devon-Wayne

    Source: Bright MLS,MLS#: PAPH2641992MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 7
      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: 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

      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $252/sqft
      • Tax assessed value: $597,400
      • Annual tax amount: $8,362
      • Date on market: 6/28/2026
      • Listing agreement: Exclusive Agency
      • Ownership: Fee Simple
      • Total actual rent: 78900

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/28/2026Listed for sale$845,357$252/sqft
        Source: Bright MLS #PAPH2641992 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: North Central

          Getting around

          82 / 100
          Excellent Transit

          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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