$724,999
 $3,892 est/mo Sourced by Back At You

1854 N 16th St,PHILADELPHIA, PA 19121

PHILADELPHIA, PA 19121

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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 $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

Details

MLS #PAPH2665192
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1915
Days On Site28
Listing Provided ByBHHS Fox & Roach-Center City Walnut | Danielle Redenbaugh

Features

SQ Feet3,357
Units3
ZoningRM1
Acreage0.04

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsMasonry
Foundation DetailsBrick/Mortar

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount8244

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19121
Area19121 (19121)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19121)
Price:
$724,999
low | high
Med:
$204,900
100% of Average
sqft:
3,357
low | high
Med:
1,072
100% of Average
$ / sqft:
$216
low | high
Med:
$191
61.496365316654% of Average
On site:
28
low | high
Med:
9
100% of Average
Sourced by Back At You

Market Activity 19121

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Additional Information

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Learn More About This Property

Tim Murphy

Tim Murphy

Class Harlan Real Estate

 (267) 769-9682timmurphycares@gmail.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19121
Area19121 (19121)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19121)
Price:
$724,999
low | high
Med:
$204,900
100% of Average
sqft:
3,357
low | high
Med:
1,072
100% of Average
$ / sqft:
$216
low | high
Med:
$191
61.496365316654% of Average
On site:
28
low | high
Med:
9
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $543K - $906K
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
1842 N 17TH ST Property Photo 1
$600,000
1842 N 17th St
Philadelphia, PA 19121
Listing Updated: October 15, 2026 at 4:10:14 PM PDT