1854 N 16TH STREET, PHILADELPHIA, PA 19121
PHILADELPHIA County
Key Facts
Description
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 2026—representing 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
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Structure Type
Townhouse
Year Built
1915
Living Area
3,357 sq ft
Lot Size
0.04 acres
Lot Dimensions
16.00 ft × 98.00
Zoning
RM1
Days on Market
1
MLS® Listing#
PAPH2641992
Property Features
Cooling
Heating
Flooring
Pool
Parking
Foundation
Sewer
Water Source
Schools
- District:
- PHILADELPHIA CITY
Financial Details
Annual Taxes
$8,362
Tax year 2026
Assessed Value
$597,400
Parcel Number
321098900
Directions
GPS
Affordability Calculator
$169,071
Estimated monthly payment
$4,499/mo
Principal $676,286 · Est. interest $943,479 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in PHILADELPHIA, PA
- $303,069
- Median Listing Price
- 76
- Median Days on Market
- 1,332
- Median Sq Ft
- $199
- Median Price / Sq Ft
- 5,893
- Active Listings
- This home’s price is 179% above the area median.
- Its price per sq ft is 26% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in PHILADELPHIA, PA.
Location
Points of Interest in PHILADELPHIA, PA
Showing the PHILADELPHIA area map.
Nearby Schools
Carver High School
Secondary · 0.1 mi away
Alliance for Progress Charter School
School · 0.2 mi away
Tass Temple
School · 0.2 mi away
Gesu School
School · 0.2 mi away
Alliance for Progress CS
Elementary · 0.2 mi away
Dr Tanner G Duckrey Public School
Elementary · 0.3 mi away
General George G Meade School
Elementary · 0.3 mi away
Paul L Dunbar School
Elementary · 0.4 mi away
Elverson Middle School
School · 0.4 mi away
Tech Freire Charter School
Secondary · 0.4 mi away
Frator Heru Institute
School · 0.4 mi away
School
School · 0.5 mi away
Brightside Academy
School · 0.5 mi away
Youthbuild Philadelphia Charter School
Secondary · 0.6 mi away
St Joseph's Preparatory School
Secondary · 0.7 mi away
Pratt Anna B School
Secondary · 0.7 mi away
M Hall Stanton Elementary School
Elementary · 0.7 mi away
Kipp Philadelphia Preparatory Academy
Elementary · 0.7 mi away
Wakisha Charter School
Elementary · 0.8 mi away
William Dick School
Elementary · 0.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1921 W DIAMOND STREET, PHILADELPHIA, PA | $647,500 | 12 | — | 3,672 |
| 1816 CECIL B MOORE AVENUE, PHILADELPHIA, PA | $699,999 | 12 | — | 3,592 |
| 45 W LOGAN STREET 51, PHILADELPHIA, PA | $700,000 | 25 | 8 | 9,482 |
| 274 S 58TH STREET 76, PHILADELPHIA, PA | $795,000 | 12 | — | 7,770 |
| 324 WHARTON STREET, PHILADELPHIA, PA | $799,900 | 12 | 4 | 5,400 |
| 3817 WALLACE STREET, PHILADELPHIA, PA | $869,000 | 10 | — | 4,021 |
Moving Cost Estimate
EXIT Agents in PHILADELPHIA
Listing Courtesy: Keller Williams Realty Devon-Wayne - 6106478300