1854 N 16th St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:ERA OakCrest Realty, Inc.
1854 N 16th St,Philadelphia, PA 19121
$845,357
  • 11 Beds
  • - Baths
  • 3,357 sq. ft.
  • Multi-family
  • Active
Listed by: danielle redenbaugh, michael coleman
Office: keller williams realty devon-wayne
MLS#:PAPH2641992
Source:BRIGHTMLS

Price summary

  • Price:$845,357
  • Price per sq. ft.:$251.82

About this home

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,...

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Home facts

  • Year built:1915
  • Listing ID #:PAPH2641992
  • Added:53 day(s) ago
  • Updated:August 21, 2026 at 01:38 PM

Rooms and interior

  • Bedrooms:11
  • Flooring:Wood
  • Living area:3,357 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:1915
  • Building area:3,357 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$845,357
  • Price per sq. ft.:$251.82
  • Tax amount:$8,362 (2026)

Parking

  • Parking description:On Street

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