Search
Student Housing Apartment Building
For Sale
$439,900

1846 N 16TH Street, Philadelphia, PA 19121

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size2,784 SF
Lot Size0.04 Acres
Price / SF$158.01
Days on Market49

Property Features for 1846 N 16TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street
Subdivision TEMPLE UNIVERSITY
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,784 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 6245

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1915
Number of units 1
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Realty Devon-Wayne
Listed By: Danielle Redenbaugh · License #RS371661
Added: Jun 27 Last Checked: Aug 14 at 3:06PM
MLS# PAPH2642012

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This student housing apartment building is constructed with masonry materials and features forced-air heating and central air. The property includes a basement and is configured as an eight-bedroom, two-bath residence, built in 1915. On-street parking is available. A 24-hour notice is required for all showings.

The property is located at 1846 N 16TH Street in Philadelphia and is described as being just steps from Temple University’s main campus, within the Temple University Patrol Zone and Temple’s established off-campus rental market. The current lease is noted to expire in July 2026.

Zoned RM-1, the property is described as allowing up to six units by right (subject to buyer due diligence). The offering also references a 9% cap rate, with the property being marketed individually and as part of a package including multiple additional MLS numbers.

Key Highlights

  • Zoned RM‑1, described as allowing up to six units by right (subject to buyer due diligence)
  • Eight‑bedroom, two‑bath student housing configuration
  • 2,784 SF apartment building on a 0.0358‑acre lot

Property Analytics

Current Use

Alpha Tau Omega Volunteer Organization

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Accounting Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,008
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Student housing apartment building zoned RM-1 with forced-air heating, central air, and on-street parking.
Where is this specialty property located?
The property is located at 1846 N 16TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Zoned RM‑1, described as allowing up to six units by right (subject to buyer due diligence); Eight‑bedroom, two‑bath student housing configuration; 2,784 SF apartment building on a 0.0358‑acre lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message