Listed price in listed location currency (USD).
$499,900

000

MLS® PAPH2637494

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2784 sqft
Garage 
Taxes $3,969
Days Active 6
Lot Size 0.04 Acres
Approx. Age 1915
Avg. Price Per Sqft $179
MLS® Number PAPH2637494

Property Address: 1842 N 16th St, PHILADELPHIA, PA, 19121-3301

Average square foot calculated using Size range provided by listing agent.

Description

Investor Alert! 24-hour notice required for all showings. Currently operating as a 7-bedroom, 2.5-bath student rental, the property generates $4, 900 per month ($58, 800 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. This property is that it is a legal four-unit rooming house with grandfathered zoning rights, making it a 4-unit building by right. This designation creates significant future value-add potential for the next owner. Subject to buyer due diligence. The property 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. The property also features a private roof deck, one of the most sought-after amenities in the Temple University rental market. Roof decks continue to command strong tenant interest and help differentiate properties from competing inventory, supporting long-term rentability and occupancy. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058 and PAPH2635078
MLS® NumberPAPH2637494
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementUnfinished
DrivewayOn Street
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$499,900List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 13, 2026List Date
$499,900List Price
  • Commute

Commute

Starting Address
Destination Address
1842 N 16Th St, Philadelphia, PA

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