1846 N 16th St, Philadelphia, PA 19121
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
1846 N 16th St,Philadelphia, PA 19121
$439,900
- 8 Beds
- 3 Baths
- 2,784 sq. ft.
- Townhouse
- Active
Listed by: danielle redenbaugh
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2665182
Source:BRIGHTMLS
Price summary
- Price:$439,900
- Price per sq. ft.:$158.01
About this home
Investor Alert! Go and show — Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets, currently vacant and immediately available, giving the next owner a clean slate to lease at current market rents or move forward with redevelopment plans without waiting on an existing lease term.
The property has historically generated $52,800 in annual gross rental income, reflecting strong, proven demand in this corridor. With no tenant in place, an investor has full flexibility to re-lease at today's market rates, renovate, or pursue the property's value-add zoning potential right away.
Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability.
A standout feature of this investment is its RM-1 zoning, allowing up to six units by right (subject to buyer due diligence), creating significant long-term value-add potential for future redevelopment or reconfiguration — an opportunity made easier by the property's current vacant status.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206...
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Home facts
- Year built:1915
- Subdivision & Development:TEMPLE UNIVERSITY
- Listing ID #:PAPH2665182
- Added:2 day(s) ago
- Updated:September 23, 2026 at 01:57 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- 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:Brick/Mortar
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$439,900
- Price per sq. ft.:$158.01
- Tax amount:$5,144 (2026)
Parking
- Parking description:On Street
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