# 1846 N 16TH Street, Philadelphia, PA 19121

> **TL;DR:** residential multi family, $439,900 ($158/sqft), built 1915, 2,784 sqft.
> A/C. Est. $2,352/mo. Listed 6 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $439,900 |
| Price/sqft | $158 |
| Square Feet | 2,784 |
| Year Built | 1915 |
| Lot Size | 1,559 sqft (0.04 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 6 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,224 |
| Estimated Insurance | $128 |
| **Total** | **$2,352** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1915
- 0.04 acre lot

## Description

### Agent Description
Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets. The property has historically generated $52,800 in annual gross rental income with an NOI of $39,600 and is being offered at an attractive 9% cap rate. Current lease expires July 2026. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability. A standout feature of this investment is its RM-1 zoning, allowing up to six units by right (subject to buyer due diligence), creating significant long-term value-add potential for future redevelopment or reconfiguration. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518

## Location

- **Address:** 1846 N 16TH Street, Philadelphia, PA 19121
- **County:** PHILADELPHIA
- **Neighborhood:** TEMPLE UNIVERSITY
- **Coordinates:** 39.98180008, -75.16082001
- **Google Maps:** https://www.google.com/maps?q=39.98180008,-75.16082001

## Listing Agent

- **Name:** Danielle Redenbaugh
- **Brokerage:** Keller Williams Realty Devon-Wayne
- **Phone:** 2676143971

## Primary Photo

![1846 N 16TH Street - Primary Photo](http://lh.rdcpix.com/8f93292eed6f1674b04c785d926147d0l-f2133114243r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.ai/listing/1846-n-16th-street-philadelphia-pa-19121-h2642012)*

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**MLS#:** PAPH2642012 | **Updated:** 2026-08-01
**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/1846-n-16th-street-philadelphia-pa-19121-h2642012)

---

## Structured Data

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  "name": "1846 N 16TH Street, Philadelphia, PA 19121",
  "description": "Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets. The property has historically generated $52,800 in annual gross rental income with an NOI of $39,600 and is being offered at an attractive 9% cap rate. Current lease expires July 2026. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, ",
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  "datePosted": "2026-07-26",
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