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Quadplex with Private Roof Deck
New
For Sale
$439,900

1850 N 16TH STREET, Philadelphia, PA 19121

RM-1 zoned quadplex with private roof deck, currently rented through July 2027.

Days on Market3

Property Features for 1850 N 16TH STREET

General Information

Standard status Active
Property subtype Quadruplex
Zoning RM-1

Additional Details

Multifamily Units 1

Amenities

private roof deck

Building Details

Building Size 2,784 SF
Year Built 1915
Buildings 1
Listing Agency: Keller Williams Realty Devon-Wayne
Listed By: Danielle Redenbaugh · License #RS371661
Source: Patmckennarealtors
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 11:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Devon-Wayne

Investment Insights

Based on property information with market context.

This quadplex is configured as student housing with 8 bedrooms and 3 bathrooms, built in 1915. The property includes a private roof deck. For showings, 24-hour notice is required.

The home is located at 1850 N 16TH STREET in Philadelphia, near Temple University’s main campus and within the Temple University Patrol Zone. The student housing is currently rented through July 2027.

Zoned RM-1, the property allows up to four units by right (subject to buyer due diligence), offering flexibility for future redevelopment or reconfiguration.

Key Highlights

  • 8 bedrooms and 3 bathrooms
  • Private roof deck
  • RM‑1 zoning allows up to four units by right (subject to buyer due diligence)

Property Analytics

Current Use

Quadplexes

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.

Lease Details

1
Residential units

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - RM-1 zoned quadplex with private roof deck, currently rented through July 2027.
Where is this quadplex located?
The property is located at 1850 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: 8 bedrooms and 3 bathrooms; Private roof deck; RM‑1 zoning allows up to four units by right (subject to buyer due diligence)
More about this property
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