1842 N 16th St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
1842 N 16th St,Philadelphia, PA 19121
$499,900
  • 7 Beds
  • 3 Baths
  • 2,784 sq. ft.
  • Townhouse
  • Active
Listed by: michael coleman, danielle redenbaugh
Office: keller williams realty devon-wayne
MLS#:PAPH2635058
Source:BRIGHTMLS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$179.56

About this home

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional single-family student rental offers immediate cash flow in one of Temple University's most sought-after off-campus locations. Currently generating $4,900 per month ($58,800 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The property features a spacious 7-bedroom, 2.5-bath layout with a private roof deck, a highly desirable amenity that consistently attracts student tenants and supports strong rental demand. The property is fully leased through July 2027 and 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. Investors can continue operating the property in its current configuration and enjoy immediate, stable cash flow,...

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Home facts

  • Year built:1915
  • Subdivision & Development:TEMPLE UNIVERSITY
  • Listing ID #:PAPH2635058
  • Added:47 day(s) ago
  • Updated:July 29, 2026 at 02:43 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,784 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:2,784 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Block
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$179.56
  • Tax amount:$3,969 (2026)

Parking

  • Parking description:On Street

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