$724,999

1854 N 16TH ST, Philadelphia, PA 19121

  • 3,357 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $216/sqft
  • Property List Date Icon Listed 24 days ago

Property 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

Listing Status:
Active
Data Last Updated:
September 24, 2026 at 7:17AM
Listing Office:
BHHS Fox & Roach-Center City Walnut : 2156276005
Listing Agent:
Danielle Redenbaugh : 2676143971
MLS ID:
PAPH2665192
  • Flooring: Wood
  • A/C: Central A/C
  • Heating: Forced AirElectric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • General: MasonryBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: RM1321098900
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Danielle Redenbaugh , BHHS Fox & Roach-Center City Walnut

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby