1534 N 16Th Street Philadelphia, PA $ 6,999,999
1534 N 16Th Street
$ 6,999,999
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1534 N 16Th Street

Philadelphia, PA, 19121
$ 6,999,999
Bedrooms11 Baths0.0

Monthly Estimate*

$ 43,671

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Multi-Family Home for sale in Philadelphia, PA

for $6,999,999 with 11 bedrooms. This home was built in 1950 on a lot size of 0.16.

PRICE IMPROVED BY $499K: Owl's Nest Apartments @ Temple University. This best-in-class furnished apartment building with 69-beds has been renovated from top-to-bottom with excellent proximity to Philadelphia's largest university by enrollment, as well as the booming North Broad District, Fairmount and Francisville neighborhoods. With 28 units (1's, 2's and 3's) plus common amenities, Owl's Nest Apartments is poised to become a legacy asset at Temple insulated by perennial rental demand in a high-growth / appreciating location. Located just a few blocks from Main Campus, as well as Septa's North Broad subway line, The Property boasts tremendous curb appeal and visibility. Each apartment is fully furnishedtruly plug-and-play turnkey rentals. Amenities include study rooms, fitness center, Amazon dropbox and resident lounge. Utilities (and wifi) are included in the rent. Purchase this exceptional multifamily real estate in a Top-10 USA MSA. 10 year tax abatement (pay taxes based on assessed land value rather than improved value), low maintenance and operating costs. Enquire within for financials.

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Multi-Family Active

Price

$ 6,999,999

Bedrooms

11

Property Type

Multi-Family

Taxes

$ 11,198

Style

Unit/Flat

Lot Size

0.16

Year Built

1950

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2432782

Features
General
Living Area 21120
Sewer Public Sewer
Heating Wall Unit
Cooling Ductless/Mini-Split
Possession Immediate
Zoning RM1
Architectural Style Unit/Flat
Security Features Exterior Cameras
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1950
View City
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility Ramp - Main Level
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name TEMPLE UNIVERSITY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions SW CORNER OF 16TH AND OXFORD.
City PHILADELPHIA
Number Of Units Total 4
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 6913.00
Tax Annual Amount 11198.0
Property Condition Excellent
Two Bedroom 2
Structure Type Other
Price Per Sq Ft Total AG 331.44
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Estimated
Tax Lot 153
Cap Rate 7.70
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Interior
Heating Fuel Electric
Flooring Luxury Vinyl Plank
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Lot Features Corner
Water Source Public
Type of Parking None
Water View Y/N N
Lot Dimensions 40.00 x 173.00
Lot Size Acres 0.16
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 240000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1534
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* Excluded Features
List By
Keller Williams Liberty Place

Broker

ryan@agentphl.com

Email

Affordability Calculator

$44,604
Per Month
98%
2%
0%
Monthly Principal & Interest
$43,671
Monthly Property Taxes
$933
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2025$6,999,999 -5.41% Price Down
3/8/2025$7,400,000 -15.43% Price Down
1/7/2025$8,750,000 Listed Price

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1534 N 16Th Street, Philadelphia, PA, 19121 is a Multi-Family Home for sale at $6,999,999 with a lot size of 0.16. 1534 N 16Th Street has 11 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 19121 which is in Philadelphia, PA