3525 and 3527 North 16th Street. Exceptional opportunity to acquire one or both of these side-by-side properties, currently configured as a six-unit and a nine-unit multifamily package. These properties can be purchased individually or together, offering flexibility for investors seeking scale, value-add potential, or long-term appreciation in a rapidly developing corridor. Positioned just two blocks from Temple University Hospital and surrounding educational and medical facilities, the location benefits from consistent rental demand driven by healthcare professionals, students, and workforce housing needs. The area is experiencing continued growth and reinvestment, supported by its proximity to major institutions and transportation routes. Both buildings are attached twins and are currently operating as multifamily assets with studio and one-bedroom units. This presents a compelling opportunity for an investor to pursue proper zoning, licensing, and repositioning strategies to unlock additional value. Each property offers strong fundamentals with multiple units in place, making this an ideal value-add investment with upside through stabilization, rent growth, and regulatory alignment. Whether acquired individually or as a portfolio, 3525–3527 N 16th Street represents a rare chance to secure scale and potential in a high-demand North Philadelphia submarket. The use is currently non-conforming. Buyer shall assume full responsibility for obtaining any required use registration, licensing, and certifications.
Under contract
Price cut: $25K (5/19)
$425,000
3527 N 16th St, Philadelphia, PA 19140
1beds
9baths
2,805sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$152/sqft
$-- HOA
What's special
Studio and one-bedroom units
- 92 days |
- 82 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Steven Onesti 215-783-7779,
KW Empower 215-627-3500,
Listing Team: The Mike Mccann Team
Source: Bright MLS,MLS#: PAPH2604270
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 9
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,805
- Total interior livable area: 2,805 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,206 Square Feet
- Dimensions: 37.00 x 114.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 112199700
- Zoning: RSA3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry
- Foundation: Stone
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Nicetown-tioga
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $233,900
- Annual tax amount: $3,274
- Date on market: 4/6/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,275/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Contingent | $425,000$152/sqft |
Source: | ||
| 5/19/2026 | Price change | $425,000-5.6%$152/sqft |
Source: | ||
| 4/6/2026 | Listed for sale | $450,000+200%$160/sqft |
Source: | ||
| 4/8/2006 | Sold | $150,000+690%$53/sqft |
Source: Public Record Report a problem | ||
| 11/29/2000 | Sold | $18,988$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,274 -45.8% | $233,900 -45.8% |
| 2024 | $6,036 | $431,200 |
| 2023 | $6,036 +240.9% | $431,200 |
| 2022 | $1,771 | -- |
| 2021 | $1,771 +3.4% | -- |
| 2018 | $1,712 | -- |
| 2017 | $1,712 -2.9% | -- |
| 2016 | $1,764 | -- |
| 2015 | $1,764 | -- |
| 2014 | $1,764 +31.9% | $99,800 +1576.7% |
| 2012 | $1,337 | $5,952 |
| 2011 | -- | $5,952 |
| 2010 | -- | $5,952 |
| 2009 | -- | $5,952 |
| 2008 | -- | $5,952 |
| 2007 | -- | $5,952 +7.5% |
| 2006 | -- | $5,536 |
| 2005 | -- | $5,536 |
| 2004 | -- | $5,536 |
| 2003 | -- | $5,536 |
| 2002 | -- | $5,536 |
| 2000 | -- | $5,536 |
| 1999 | -- | $5,536 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: Tioga
Nearby schools
GreatSchools rating
- 5/10Kenderton Elementary SchoolGrades: K-8Distance: 0.2 mi
- 1/10Dobbins Avt High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19140
- Tioga
- 3527 N 16th St






