1854 N 16th St, Philadelphia, PA 19121
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
1854 N 16th St,Philadelphia, PA 19121
$845,357
- 11 Beds
- - Baths
- 3,357 sq. ft.
- Multi-family
- Active
Listed by: danielle redenbaugh, michael coleman
Office: keller williams realty devon-wayne
MLS#:PAPH2641992
Source:BRIGHTMLS
Price summary
- Price:$845,357
- Price per sq. ft.:$251.82
About this home
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...
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Home facts
- Year built:1915
- Listing ID #:PAPH2641992
- Added:1 day(s) ago
- Updated:June 29, 2026 at 10:25 AM
Rooms and interior
- Bedrooms:11
- Flooring:Wood
- Living area:3,357 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1915
- Building area:3,357 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$845,357
- Price per sq. ft.:$251.82
- Tax amount:$8,362 (2026)
Parking
- Parking description:On Street
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