313 S. 16th Street is an oversized, RM1-zoned, multi-level property steps from Rittenhouse Square, Center City, and the Broad Street Line, offering a rare by-right opportunity to create up to three residential units in one of Philadelphia’s most walkable locations. Currently configured as a professional office under an existing variance, the building features expansive floor plates across multiple levels, multiple bathrooms, strong natural separation between floors, and a layout that lends itself well to a three-unit conversion. Additional highlights include a secure vestibule entry, ample storage, an upper-level roof deck area, active fire alarm certification, and a prior ADA accessibility study with conceptual architectural renderings illustrating a compliant front-entry ramp and exterior access improvements that show how the building façade could be thoughtfully adapted for accessibility. With historic character, flexible interior space, and unbeatable access to transit, dining, and amenities, this property presents a compelling value-add or redevelopment opportunity for investors seeking a prime multifamily asset in a true Walker’s Paradise.
Sold for $900,000
$900,000
313 S 16th St, Philadelphia, PA 19102
--beds
--baths
3,423sqft
Townhouse
Built in 1920
-- sqft lot
$901,300 Zestimate®
$263/sqft
$2,202 Estimated rent
Home value
$901,300
$856,000 - $946,000
$2,202/mo
Zestimate® history
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$5,461/mo
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List your homeWhat's special
Historic characterSecure vestibule entryUpper-level roof deck areaFlexible interior spaceMultiple bathroomsAmple storage
Zillow last checked:
Listing updated:
Listed by:
Rob Wolf 215-694-9728,
Re/Max One Realty
Bought with:
Marco Di Gabriele, RS338768
KW Empower
Source: Bright MLS,MLS#: PAPH2566526
Facts & features
Interior
Heating
- Baseboard, Hot Water, Natural Gas, Electric
Cooling
- Window Unit(s), Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Carpet, Luxury Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,423
- Total interior livable area: 3,423 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,134 sqft
- Dimensions: 18.00 x 63.00
- Features: Downtown
Details
- Additional structures: Above Grade
- Parcel number: 772706200
- Zoning: RM1
- Zoning description: Commercially used with a variance since 1998
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Very Good
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Phone, Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Fire Alarm
Location
- Region: Philadelphia
- Subdivision: Rittenhouse Square
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Private Financing Available,Other,Bank Portfolio
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Sold | $900,000-10%$263/sqft |
Source:  Bright MLS #PAPH2566526 Report a problem | ||
| 2/23/2026 | Contingent | $999,999$292/sqft |
Source: Bright MLS #PAPH2566526 Report a problem | ||
| 1/16/2026 | Price change | $999,999-23.1%$292/sqft |
Source: Bright MLS #PAPH2566526 Report a problem | ||
| 12/18/2025 | Listed for sale | $1,300,000$380/sqft |
Source: Bright MLS #PAPH2566526 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Rittenhouse
Nearby schools
GreatSchools rating
- 9/10Greenfield Albert M SchoolGrades: K-8Distance: 0.6 mi
- 2/10Franklin Benjamin High SchoolGrades: 9-12Distance: 1.2 mi
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
$901,300
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
$901,300
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