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2-Unit Duplex with In-Unit Laundry

2423 N 16TH Street, Philadelphia, PA 19132

For Sale
New
$159,900

Multi-Family, PHILADELPHIA, PA

Property Size1,364 SF
Lot Size0.02 Acres
Price / SF$117.23
Days on Market6

Property Features for 2423 N 16TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Subdivision STANTON
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,364 SF
Lot size 0.02 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 2423

Utilities

Heating system Baseboard, Hot Water(Heating)

Building Details

Year built 1915
Number of units 2
Building materials Masonry
Architectural style Other
Buildings 1
Listing Agency: Real of Pennsylvania
Listed By: John Lee · License PA RS348062
Added: Nov 6 Changed: Nov 10 Last Checked: Nov 11 at 1:06AM
MLS# PAPH2688508

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.

Rey
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Investment Insights

Based on property information with market context.

This 2-unit masonry duplex contains 1,364 square feet on a 0.016-acre lot and dates to 1915. The upper residence is tenant occupied. On the first floor, the unit has a living area, kitchen with wood cabinets, electric range and refrigerator, plus an in-unit washer and dryer. Its full bathroom includes a tub and shower. Heating is provided by baseboard and hot water systems.

The property is in Philadelphia, with public transportation, Temple University, Broad Street and major city routes identified among the nearby access points. The separate units offer a choice between occupying one residence and renting the other, or leasing both.

Key Highlights

  • Two residential units; the upper unit is tenant occupied
  • 1,364‑square‑foot masonry duplex built in 1915
  • 0.016‑acre lot

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,698
Businesses Nearby

Demographics for 19132, PA

33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Philadelphia, PA

$215 Jul
$206 Aug
$206 Sep
$202 Oct

Properties on Market for Duplexes in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - An occupied upper residence and a separate first-floor home offer distinct living arrangements within the duplex.
Where is this duplex located?
The property is located at 2423 N 16TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two residential units; the upper unit is tenant occupied; 1,364‑square‑foot masonry duplex built in 1915; 0.016‑acre lot
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