1648 S 16th St, Philadelphia, PA 19145

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1648 S 16th St,Philadelphia, PA 19145
$829,000
  • 4 Beds
  • - Baths
  • 2,896 sq. ft.
  • Multi-family
  • Active
Listed by: john j brown
Office: compass pennsylvania, llc.
MLS#:PAPH2671842
Source:BRIGHTMLS

Price summary

  • Price:$829,000
  • Price per sq. ft.:$286.26

About this home

Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1-bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come. BONUS: Tax abatement runs through 2030!

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Home facts

  • Year built:1915
  • Listing ID #:PAPH2671842
  • Added:55 day(s) ago
  • Updated:November 12, 2026 at 03:13 PM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,896 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Forced Air, Heat Pump(s)

Structure and exterior

  • Year built:1915
  • Building area:2,896 sq. ft.
  • Lot area:0.02 Acres
  • Lot Features:Corner Lot/Unit
  • Architectural Style:Contemporary
  • Construction Materials:Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$829,000
  • Price per sq. ft.:$286.26
  • Tax amount:$4,762 (2026)

Parking

  • Parking description:On Street, Public, Unassigned

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