# 1842 N 16TH Street, Philadelphia, PA 19121

> **TL;DR:** 7bd/3ba townhouse, $499,900 ($180/sqft), built 1915, 2,784 sqft.
> A/C. Est. $2,674/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,900 |
| Price/sqft | $180 |
| Bedrooms | 7 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 2,784 |
| Year Built | 1915 |
| Lot Size | 1,742 sqft (0.04 acres) |
| Stories | 3 |
| Property Type | Townhouse (Townhouse) |
| Status | For Sale |
| Days on Market | 20 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,528 |
| Estimated Insurance | $146 |
| **Total** | **$2,674** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1915
- 0.04 acre lot
- 3 stories

## Description

### Agent Description
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional single-family student rental offers immediate cash flow in one of Temple University's most sought-after off-campus locations. Currently generating $4,900 per month ($58,800 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The property features a spacious 7-bedroom, 2.5-bath layout with a private roof deck, a highly desirable amenity that consistently attracts student tenants and supports strong rental demand. The property is fully leased through July 2027 and benefits from its premier location just steps from Temple University's main campus. Positioned in the heart of the university's most desirable off-campus housing district and within campus patrol zone. Investors can continue operating the property in its current configuration and enjoy immediate, stable cash flow, or explore the potential to convert the building into four residential units, subject to buyer due diligence and approvals. With stable income already in place, strong rental demand, redevelopment potential, and an unbeatable location, this property delivers the combination of cash flow and upside that investors are increasingly seeking in today's market. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718 and PAPH2632744

## Location

- **Address:** 1842 N 16TH Street, Philadelphia, PA 19121
- **County:** PHILADELPHIA
- **Neighborhood:** TEMPLE UNIVERSITY
- **Coordinates:** 39.98171234, -75.16083527
- **Google Maps:** https://www.google.com/maps?q=39.98171234,-75.16083527

## Listing Agent

- **Name:** Michael Coleman
- **Brokerage:** Keller Williams Realty Devon-Wayne
- **Phone:** 4849426266

## Primary Photo

![1842 N 16TH Street - Primary Photo](http://lh.rdcpix.com/fb8c7ef61d2571e7e47e395cc1f183a2l-f2465342039r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.ai/listing/1842-n-16th-street-philadelphia-pa-19121-h2635058)*

---

**MLS#:** PAPH2635058 | **Updated:** 2026-08-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1842-n-16th-street-philadelphia-pa-19121-h2635058)

---

## Structured Data

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  "name": "1842 N 16TH Street, Philadelphia, PA 19121",
  "description": "Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional single-family student rental offers immediate cash flow in one of Temple University's most sought-after off-campus locations. Currently generating $4,900 per month ($58,800 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The property features a spacious 7-bedroom, 2.5-bath layout",
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