About This Home

This 0-bedroom, 0-bathroom residential multi family at 1854 N 16TH Street in Philadelphia, PA is listed for $845,357 ($252 per sqft). Built in 1915, the home offers 3,357 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 1915
  • 0.04 acre lot

Property Details

1915

Amenities

A/C
Listing Description

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional four-unit property offers immediate cash flow with outstanding long-term upside. Currently generating $71,700 in annual gross rental income, with leases already in place that will increase annual gross rental income to $78,900 beginning August 2026-representing an impressive 10% increase in rental income.

This income-producing asset is an outstanding opportunity for investors seeking stable returns, dependable cash flow, and built-in rental growth. The property consists of four spacious student housing units totaling 11 bedrooms and 7 bathrooms across four full floors of living space: Unit 1: 2 bed / 1 bath (Lower Level) Unit 2: 3 bed / 2 bath (Firs

t Floor) Unit 3: 3 bed / 2 bath (Second Floor) Unit 4: 3 bed / 2 bath (Third Floor) Located within the Temple University Patrol Zone and just steps from Temple University's main campus, its desirable unit mix, strong in-place cash flow, and significant scheduled rent growth position this asset for continued long-term performance and investor stability.

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

Monthly Cost Estimate

$4,521/mo

20% down · 6.5% · 30 years

Principal$611
Interest$3,663
Insurance$247

Estimates only. Actual payments may vary.

Location

1854 N 16TH Street

Philadelphia, PA 19121

Property Details

Construction

Masonry

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1854 N 16TH Street is listed at $845,357 ($252/sqft). The estimated monthly payment is $4,522 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.04 acre lot.

This property is listed by Danielle Redenbaugh and can be reached at 2676143971.

DR

Danielle Redenbaugh

Agent at Keller Williams Realty Devon-Wayne

(267) 614-3971

Listed by Keller Williams Realty Devon-Wayne · View on Broker Site

MLS# PAPH2641992· Source: listhub· 5 days on market

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.

1854 N 16TH Street, Philadelphia, PA 19121

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