For Sale Multi-Family MLS# PAPH2665192

1854 N 16TH ST

PHILADELPHIA, PA 19121

$724,999

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About 1854 N 16TH ST

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 $78,900 beginning August 2026—representing an impressive 10% increase in rental income from last leasing cycle. 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) / $1100 Monthly Rent
 Unit 2: 3 bed / 2 bath (First Floor) / $1650 Monthly Rent
 Unit 3: 3 bed / 2 bath (Second Floor) / $1875 Monthly Rent
 Unit 4: 3 bed / 2 bath (Third Floor) / $1950 Monthly Rent

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: 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
3,357 sqft
Price / sqft
$216
Lot
0.04
Original price
$724,999
MLS #
PAPH2665192

Interior

Features
Central A/C, true, Forced Air, Electric, Wood
Flooring
Wood
Heating
true, Forced Air
Cooling
Central A/C

Exterior & lot

Features
Traditional, Above Grade, Below Grade
Construction
Masonry, Brick/Mortar
Foundation
Brick/Mortar
Lot
RM1, 321098900

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$8,244
Tax year
2026
Parcel
321098900

Location

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

Location

Neighborhood
North Central
School district
Philadelphia City School District

Ask about this property

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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.