2213 N 16th St, PHILADELPHIA, PA 19132
Local realty services provided by:ERA Cole Realty



2213 N 16th St,PHILADELPHIA, PA 19132
$299,000
- 5 Beds
- - Baths
- 1,964 sq. ft.
- Multi-family
- Pending
Listed by:melissa s adams morris
Office:real of pennsylvania
MLS#:PAPH2457252
Source:BRIGHTMLS
Price summary
- Price:$299,000
- Price per sq. ft.:$152.24
About this home
Investment Opportunity – Spacious Duplex Minutes from Temple University.
Presenting a prime investment opportunity at 2213 North 16th Street, Philadelphia, PA 19132—a large duplex located just minutes from Temple University. This property offers exceptional potential for both seasoned investors and those looking to enter the student housing market. Its convenient location near shopping and mass transit makes it highly attractive to tenants, particularly students and professionals seeking easy access to the university and city amenities.
Unit 1 features two bedrooms and one bathroom, providing comfortable living spaces. Tenants in Unit 1 have exclusive access to a backyard area, which is perfect for barbecues and outdoor gatherings. This unit is currently rented at $1,150 per month, with the lease extending until January 31st, 2026.
Unit 2 consists of three bedrooms and 3.5 bathrooms and was fully updated two years ago. It features hardwood floors, modern kitchens equipped with stainless steel appliances, and updated bathrooms. The open layout and high-end finishes provide a comfortable and stylish living environment. This unit is currently rented at $1,500 per month, with the lease expiring on September 30th, 2025. The basement includes a two-year-old sump pump.
Both units are currently rented below market value, presenting a significant opportunity for increased returns. There is definite room to increase the rents and create additional cash flow, making this an ideal opportunity for a savvy investor.
This well-maintained duplex benefits from a strong rental history, offering consistent income potential. Its close proximity to Temple University and public transportation enhances its rental appeal, making it an ideal option for students, university staff, and working professionals.
Don’t miss out on this excellent investment opportunity—schedule a showing today!
Contact an agent
Home facts
- Year built:1937
- Listing Id #:PAPH2457252
- Added:160 day(s) ago
- Updated:August 21, 2025 at 07:26 AM
Rooms and interior
- Bedrooms:5
- Living area:1,964 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1937
- Building area:1,964 sq. ft.
- Lot area:0.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$299,000
- Price per sq. ft.:$152.24
- Tax amount:$3,843 (2025)
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