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Attached Twin Apartment Buildings
For Sale
$275,000

3525 N 16Th Street, Philadelphia, PA 19140

Two attached multifamily buildings with studio and one-bedroom units, on small lots near Temple University Hospital.

Property Size2,805 SF
Price / SF$98.04
Days on Market117

Property Features for 3525 N 16Th Street

General Information

Standard status Active
Size 2,805 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 15

Amenities

Unfinished
Natural Gas
Yes
No
Assessor
No Pool
Public
N50
27.00 x 100.00
0.06
Stone
46780.00

Building Details

Building Size 2,805 SF
Year Built 1940
Buildings 2
Listing Agency: RE/MAX Access
Listed By: Gary Cook
Source: Thetristaterealestategroup
Added: Apr 6 Changed: Jul 30 Last Checked: Jul 30 at 1:36PM

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 Access

Investment Insights

Based on property information with market context.

3525 and 3527 N 16th Street present an opportunity to acquire one or both attached twin apartment buildings, currently operating as multifamily with studio and one-bedroom units. The properties are configured as a six-unit building and a nine-unit building multifamily package, and they include an unfinished basement. Heating is provided via natural gas, and the water source is public. There is no pool and no on-site parking described. The foundation is stone, and the buildings were constructed in 1940.

The properties are positioned two blocks from Temple University Hospital and within an area supported by educational and medical facilities. The stated location context points to ongoing rental demand from healthcare professionals, students, and workforce housing needs.

The use is currently non-conforming. The buyer will assume full responsibility for obtaining any required use registration, licensing, and certifications.

Key Highlights

  • Six‑unit and nine‑unit attached twin apartment buildings
  • Studio and one‑bedroom multifamily unit mix
  • 2,805 SF property size

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Acupuncture Gym & Fitness Center Cafe & Coffee Shop

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

15
Residential units

Location Intelligence

Trade Area within ½ mile

3,185
Businesses Nearby

Demographics for 19140, PA

52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
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?
Apartment building - Two attached multifamily buildings with studio and one-bedroom units, on small lots near Temple University Hospital.
Where is this apartment building located?
The property is located at 3525 N 16Th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Six‑unit and nine‑unit attached twin apartment buildings; Studio and one‑bedroom multifamily unit mix; 2,805 SF property size
More about this property
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