1846 N 16th St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:ERA Valley Realty
1846 N 16th St,Philadelphia, PA 19121
$369,900
  • 8 Beds
  • 3 Baths
  • 2,784 sq. ft.
  • Townhouse
  • Active
Listed by: danielle redenbaugh
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2665182
Source:BRIGHTMLS

Price summary

  • Price:$369,900
  • Price per sq. ft.:$132.87

About this home

Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 2.5-bath investment property in one of Temple University’s most established off-campus rental markets. The property is occupied and leased through July 2027 at $2,750 per month ($33,000 gross annual income). Stabilized rent is $4,000 per month ($48,000 gross annual income), giving the next owner a clear opportunity to increase income when the current lease ends. Currently securing lease for 27/28 at rental rate of $4000 a month. The property is zoned for 6 units, creating significant future value-add potential for the next owner, subject to buyer due diligence. Located just steps from Temple University’s Main Campus and within the Temple University Patrol Zone, the property sits in one of Philadelphia’s strongest off-campus rental corridors, known for consistent tenant demand and long-term rental stability. The property also offers roof access. This property is being marketed...

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Home facts

  • Year built:1915
  • Subdivision & Development:TEMPLE UNIVERSITY
  • Listing ID #:PAPH2665182
  • Added:50 day(s) ago
  • Updated:November 10, 2026 at 02:50 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,784 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:2,784 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$369,900
  • Price per sq. ft.:$132.87
  • Tax amount:$5,144 (2026)

Parking

  • Parking description:On Street

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