1842 N 16TH Street, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 16, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 17 at 12:06 am
Property Features for 1842 N 16TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,784 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3969
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 4
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Michael Coleman (484) 942-6266
Listing office Keller Williams Realty Devon-Wayne 744 W Lancaster Avenue unit: 125, Wayne, PA (610) 647-8300
Listing date Jun 16, 2026
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.
HighLights
- Built in 1915 with masonry construction
- Currently operating as a legal 4‑unit rooming house and fully leased through July 2027
- 7‑bedroom, 2.5‑bath student rental generates $4,900/month ($58,800 gross annual income)
- Forced air heating and central air conditioning
- On‑street parking
- Includes a private roof deck
Overview
Located at 1842 N 16TH Street in Philadelphia, the building is described as just steps from Temple University’s main campus and within the campus patrol zone. It is positioned in the university’s off-campus housing district, where demand for student-oriented residences is typically focused.
For buyers, this offering is presented as an investor opportunity with existing in-place occupancy, generating $4,900 per month ($58,800 gross annual income) based on the current lease-up. The remarks also note grandfathered zoning rights and that the property is a four-unit building by right, subject to buyer due diligence. Showings require 24-hour notice for all parties. The property is also marketed individually and as part of a package with additional listed properties identified by MLS numbers PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, and PAPH2635078.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.16083
- Latitude
- 39.98171
