For Sale Multi-Family MLS# PAPH2665184

1850 N 16TH ST

PHILADELPHIA, PA 19121

$374,999

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About 1850 N 16TH ST

Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 3-bath student housing property in one of Temple University's most established off-campus rental markets.

House is currently rented until July 2027, generating $43,200 in annual gross rental income. 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. This house boasts a private roof deck, a large incentive for renters.

A standout feature of this investment is its RM-1 zoning, allowing up to four units by right (subject to buyer due diligence), creating significant long-term value-add potential through future redevelopment or reconfiguration.

This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1915
Living area
2,784 sqft
Price / sqft
$135
Lot
0.04
Original price
$374,999
MLS #
PAPH2665184

Interior

Features
Central A/C, true, Central, Natural Gas, Unfinished
Heating
true, Central
Cooling
Central A/C

Exterior & lot

Features
Contemporary, Above Grade, Below Grade
Construction
Masonry, Other
Foundation
Other
Lot
RM1, 321098700

Schools

District
Philadelphia City School District

Utilities

Utilities
Other, Public
Water
Public
Sewer
Other

Financial

Financial
BRIGHT_MAIN
Annual tax
$5,144
Tax year
2026
Parcel
321098700

Location

Subdivision
TEMPLE UNIVERSITY
Area
19121 (19121)
County
PHILADELPHIA-PA
Neighborhood
North Central
Community
PHILADELPHIA-PA, BRIGHT_MAIN, PHILADELPHIA CITY
Directions
GPS

Location

Neighborhood
North Central
Subdivision
TEMPLE UNIVERSITY
School district
Philadelphia City School District

Ask about this property

Questions on 1850 N 16TH ST, PHILADELPHIA, PA 19121, or want to see it in person?

Listed by Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.