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1844 N 16Th Street Philadelphia, PA $ 399,900
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$ 399,900 Get more info
1844 N 16Th Street
$ 399,900
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1844 N 16Th Street

Philadelphia, PA, 19121
$ 399,900
Baths0.0

Monthly Estimate*

$ 2,525

1844 N 16Th Street, Philadelphia, PA 19121 - Image 1
1844 N 16Th Street, Philadelphia, PA 19121 - Image 2
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1844 N 16Th Street, Philadelphia, PA 19121 - Image 4
1844 N 16Th Street, Philadelphia, PA 19121 - Image 5
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1844 N 16Th Street, Philadelphia, PA 19121 - Image 7
1844 N 16Th Street, Philadelphia, PA 19121 - Image 8
1844 N 16Th Street, Philadelphia, PA 19121 - Image 9
1844 N 16Th Street, Philadelphia, PA 19121 - Image 10
1844 N 16Th Street, Philadelphia, PA 19121 - Image 11
1844 N 16Th Street, Philadelphia, PA 19121 - Image 12
Studio

Multi-Family Home for sale in Philadelphia, PA

for $399,900. This home was built in 1915 on a lot size of 0.04.

Investor Alert! 24-hour notice required for all showings. Currently operating as a 6-bedroom, 2.5 bath rental, the property generates $4,200 per month ($50,400 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. Offering a nearly 9% cap rate. This property is that it is a legal six-unit rooming house with grandfathered zoning rights, making it a 6-unit building by right. This designation creates significant future value-add potential for the next owner. Subject to buyer due diligence. The property benefits from its premier location just steps from Temple University's main campus. Positioned in the heart of the university's most desirable off-campus housing district and within campus patrol zone. 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 and PAPH2637494

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Multi-Family Active

Price

$ 399,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,245

Style

Traditional

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2637526
Features
General
Living Area 2784
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning RM1
Architectural Style Traditional
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1915
Property Subtype Other
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 50400.00
Accessibility None
County PHILADELPHIA
Net Operating Income 35280.00
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 Use GPS
City PHILADELPHIA
Number Of Units Total 1
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Tax Annual Amount 6245.0
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 143.64
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 297
Total Actual Rent 50400.00
Cap Rate 8.80
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Interior
Heating Fuel Natural Gas
Basement Unfinished
Hot Water 60+ Gallon Tank
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
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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Internal Only
Street Number 1 1844
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* Excluded Features
List By
Keller Williams Realty Devon-Wayne

Broker

mikecolemanrealestate@gmail.com

Email

Affordability Calculator

$3,045
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,525
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.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/18/2026$399,900 Listed Price

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1844 N 16Th Street, Philadelphia, PA, 19121 is a Multi-Family Home for sale at $399,900 with a lot size of 0.04. 1844 N 16Th Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA

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