1850 N 16Th Street
Philadelphia, PA, 19121 $ 439,900
Baths0.0 Monthly Estimate*
$ 2,778
Studio for $439,900. This home was built in 1915 on a lot size of 0.04.
Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 3-bath student housing property in one of Temple University's most established off-campus rental markets. House is currently rented until July 2027. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability. This house boasts private roof deck a large incentive for renters. A standout feature of this investment is its RM-1 zoning, allowing up to four units by right (subject to buyer due diligence), creating significant long-term value-add potential through future redevelopment or reconfiguration. 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, PAPH2639518, PAPH2639554, PAPH2639558, PAPH2641992, PAPH2641998, PAPH2642004, PAPH2642012
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FeaturesGeneralLiving Area 2784
Sewer Other
Heating Central
Cooling Central A/C
Possession Negotiable
Zoning RM1
Architectural Style Contemporary
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1915
Property Subtype Quadruplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
Net Operating Income 36000.00
New Construction N
Property Type Multi-Family
Subdivision Name TEMPLE UNIVERSITY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City PHILADELPHIA
Number Of Units Total 1
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1560.00
Tax Annual Amount 6245.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 158.01
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 285
Total Actual Rent 48000.00
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InteriorHeating Fuel Natural Gas
Basement Unfinished
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Type of Parking Off Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 16.00 x 98.00
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 89240.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Realty Devon-WayneBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,778
- Monthly Property Taxes
- $520
- 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.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $535,244
Percent of Sale Price 22%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/28/2026 | $439,900 | | Listed Price |