1846 N 16TH ST, Philadelphia, PA 19121
1846 N 16TH ST, Philadelphia, PA 19121
1846 N 16TH ST, Philadelphia, PA 19121
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Listed by Danielle Redenbaugh • BHHS Fox & Roach-Center City Walnut
$417,900
Est. payment /mo
8 Beds
3 Baths
2,784 SqFt
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Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,784 sqft

Price per Sqft $150

Subdivision Temple University

MLS Listing ID PAPH2665182

Style Traditional

Bedrooms 8

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,784

Year Built 1915

Annual Tax Amount $5,144

Tax Year 2026

Lot Size 1,560 Sqft

Acres 0.04

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Investor Alert! Go and show — Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets, currently vacant and immediately available, giving the next owner a clean slate to lease at current market rents or move forward with redevelopment plans without waiting on an existing lease term.

The property has historically generated $52,800 in annual gross rental income, reflecting strong, proven demand in this corridor. With no tenant in place, an investor has full flexibility to re-lease at today's market rates, renovate, or pursue the property's value-add zoning potential right away.

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 — an opportunity made easier by the property's current vacant status.

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

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Hot Water 60+ Gallon Tank

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 3

Foundation Brick/Mortar

Above Ground Finished SqFt 2784

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 321098500

Ownership Fee Simple

SqFt Source 2784

Special Listing Condition Short Sale


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Kayla Song

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+1(443) 768-0934

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1846 N 16TH ST