1854 N 16TH ST, Philadelphia, PA 19121

• 3,357 sqft

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 $71,700 in annual gross rental income, with leases already in place that will increase annual gross rental income to $78,900 beginning August 2026—representing an impressive 10% increase in rental income. 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)
Unit 2: 3 bed / 2 bath (First Floor)
Unit 3: 3 bed / 2 bath (Second Floor)
Unit 4: 3 bed / 2 bath (Third Floor) 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: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300, PAPH2639390, PAPH2639516 and PAPH2639518

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 4:18PM

Listing Office:

Keller Williams Realty Devon-Wayne : 6106478300

Listing Agent:

Danielle Redenbaugh : 2676143971

MLS ID:

PAPH2641992

Interior

• Flooring: Wood
• A/C: Central A/C
• Heating: Forced AirElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Traditional

Construction

• General: MasonryBrick/Mortar

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1321098900

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN