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313 South 16th Street Philadelphia, PA 19102

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For Sale
$999,999

Oversized property near Rittenhouse Square, convert to three units.

Type:Multi-Family / Fee Simple
Property size:
3,423 SF
Added:
Dec 11, 2025
Days on Market:
127
Last Refresh:
Mar 13 at 10:37 am

Property Features for 313 South 16th Street

General Information

Standard status
Active
Size
3,423 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1920

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Listing Contact
Robert J Wolf

Listing agent Robert J Wolf License #AB065938

Listing office Re/Max One Realty

Listing date Dec 11, 2025

Source Compass

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 Re/Max One Realty


Overview

Rittenhouse Square Multifamily Conversion Opportunity

Located steps from Rittenhouse Square, Center City, and the Broad Street Line, the property at 313 S. 16th Street is an oversized, multi-level property zoned RM1, presenting a by-right opportunity to create up to three residential units. Currently configured as a professional office under an existing variance, the building features expansive floor plates across multiple levels and multiple bathrooms. The layout offers strong natural separation between floors, lending itself well to a three-unit conversion. Additional features include a secure vestibule entry, ample storage, and an upper-level roof deck area. The property has active fire alarm certification and a prior ADA accessibility study with conceptual architectural renderings illustrating a compliant front-entry ramp and exterior access improvements, showing how the building façade could be thoughtfully adapted for accessibility. With historic character, flexible interior space, and access to transit, dining, and amenities, this 3,423 square foot property offers a value-add or redevelopment opportunity for investors seeking a multifamily asset. The property is located in Philadelphia County, MLS Area 19102, and the school district is Philadelphia City.
Location Intelligence

Current Use by Public Records

Yeva Ventura, LPC Psychotherapist Josh Zlatkus Counselor Nisenfeld Steven S Foster Care Service Lisa Correale Foster Care Service Carole Nehez Foster Care Service

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Law Firm Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.1679428
Latitude
39.9469173

FAQs

What type of property is this?
Multifamily property - Oversized property near Rittenhouse Square, convert to three units.
Where is this multifamily property located?
The property is located at 313 South 16th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: RM1 zoning allows for by‑right creation of up to three residential units; Prime location steps from Rittenhouse Square, Center City, and the Broad Street Line; Expansive floor plates and strong natural separation between floors ideal for a three‑unit conversion
More about this property
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