1854 N 16Th Street Philadelphia, PA $ 845,357
1854 N 16Th Street
$ 845,357
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1854 N 16Th Street

Philadelphia, PA, 19121
$ 845,357
Bedrooms-- Baths-- Sq 3,357

Monthly Estimate*

$ 5,338

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Commercial Property for sale in Philadelphia, PA

for $845,357. This 3,357 square foot building was built in 1915 on a lot size of 0.03.

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 2026representing 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, strong in-place cash flow, and significant scheduled rent growth position this asset for continued long-term performance and investor stability. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518

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Commercial Active

Price

$ 845,357

Property Type

Commercial

Taxes

$ 8,362

Style

Apartment Building

Lot Size

0.03

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2641998

Features
Interior
Heating Fuel Electric
Hot Water 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 7
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning RM1
Construction Materials Masonry
Year Built 1915
Property Subtype Other
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 59175.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1307.00
Tax Annual Amount 8362.0
Price Per Sq Ft Total AG 251.82
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 294
Total Actual Rent 78900.00
Cap Rate 7.00
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 3357.00
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 119400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1854
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* Excluded Features
List By
Keller Williams Realty Devon-Wayne

Broker

dredenbaugh@kw.com

Email

Affordability Calculator

$6,035
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,338
Monthly Property Taxes
$697
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/28/2026$845,357 Listed Price

Map


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1854 N 16Th Street, Philadelphia, PA, 19121 is a Commercial Property for sale at $845,357 with 3,357 sqft and a lot size of 0.03. 1854 N 16Th Street was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA