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
Bedrooms11 Baths0.0

Monthly Estimate*

$ 5,338

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Multi-Family Home for sale in Philadelphia, PA

for $845,357 with 11 bedrooms. This home was built in 1915 on a lot size of 0.04.

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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Multi-Family Active

Price

$ 845,357

Bedrooms

11

Property Type

Multi-Family

Taxes

$ 8,362

Style

Traditional

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2641992

Features
General
Living Area 3357
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 Quadruplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
Net Operating Income 59175.00
New Construction N
Property Type Multi-Family
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 3
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Number of Units Leased 4
Tax Annual Amount 8362.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 251.82
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Tax Lot 294
Total Actual Rent 78900.00
Cap Rate 7.00
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Interior
Heating Fuel Electric
Flooring Wood
Hot Water 60+ Gallon Tank
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 Dimensions 16.00 ft × 98.00
Lot Size Acres 0.04
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
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/28/2026$845,357 Listed Price

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1854 N 16Th Street, Philadelphia, PA, 19121 is a Multi-Family Home for sale at $845,357 with a lot size of 0.04. 1854 N 16Th Street has 11 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA