Student Housing Residence with Roof
For Sale
$439,900
1850 N 16TH Street, Philadelphia, PA 19121
MULTI_FAMILY - Contemporary - PHILADELPHIA, PA
Property Size2,784 SF
Lot Size0.04 Acres
Price / SF$158.01
Days on Market48
Property Features for 1850 N 16TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Off 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
Central
Cooling system
Central Air
Building Details
Year built
1915
Number of units
1
Building materials
Masonry
Architectural style
Contemporary
Listing Agency:
Keller Williams Realty Devon-Wayne
(610) 647-8300
Listed By:
Danielle Redenbaugh · License #RS371661
(267) 614-3971
Added: Jun 28
Last Checked: Aug 14 at 3:06PM
MLS# PAPH2642104
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 contemporary residential income property is configured as student housing with 8 bedrooms and 3 bathrooms. The home includes a private roof deck, and it is currently rented through July 2027. Investor showings require 24-hour notice.
The property is located just steps from Temple University’s main campus and within the Temple University Patrol Zone. It is offered for sale as an individual investment and also as part of a larger package that includes multiple additional properties identified by the MLS numbers listed in the remarks.
From a redevelopment and reconfiguration standpoint, the property is identified as RM-1 zoned, which the listing notes allows up to four units by right, subject to buyer due diligence. For buyers seeking an existing income-producing student housing setup with additional zoning flexibility, this residence provides a defined unit mix today and a documented pathway to evaluate future possibilities under RM-1. All interested parties should conduct their own due diligence regarding zoning verification and redevelopment requirements.
The property is located just steps from Temple University’s main campus and within the Temple University Patrol Zone. It is offered for sale as an individual investment and also as part of a larger package that includes multiple additional properties identified by the MLS numbers listed in the remarks.
From a redevelopment and reconfiguration standpoint, the property is identified as RM-1 zoned, which the listing notes allows up to four units by right, subject to buyer due diligence. For buyers seeking an existing income-producing student housing setup with additional zoning flexibility, this residence provides a defined unit mix today and a documented pathway to evaluate future possibilities under RM-1. All interested parties should conduct their own due diligence regarding zoning verification and redevelopment requirements.
Key Highlights
- 8‑bedroom, 3‑bath student housing property with private roof deck
- Currently rented through July 2027 (24‑hour notice required for showings)
- RM‑1 zoning allows up to four units by right, subject to buyer due diligence
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,008
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Rented until July 2027, this 8-bedroom, 3-bath student housing home includes a private roof deck and RM-1 zoning.
Where is this single family property 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‑bedroom, 3‑bath student housing property with private roof deck; Currently rented through July 2027 (24‑hour notice required for showings); RM‑1 zoning allows up to four units by right, subject to buyer due diligence
