- 0
- 2
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$499,900
Monthly Est:$2,488
-- Bed
-- Bath
2,784sqft
1842 N 16th Street, Philadelphia, PA 19121
$499,900
$2,488/moEst:
Get Pre-Approved
Townhouse
Built in 1915
$-- HOA
1,742 sqft lot
$180/sq.ft
Description
Investor Alert! 24-hour notice required for all showings. Currently operating as a 7-bedroom, 2.5-bath student rental, the property generates $4,900 per month ($58,800 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one.
With an NOI of $45,087.41, this property is offered at nearly a 10% cap rate — an exceptional return profile for a fully leased, stabilized asset in this market.
This property is a legal four-unit rooming house with grandfathered zoning rights, making it a 4-unit building by right. This designation creates significant future value-add potential for the next owner, subject to buyer...
- Houzeo last checked: 2 hours ago
- Listing updated: September 20, 2026 at 9:05 pm
- Listing Provided by: Danielle Redenbaugh (267) 614-3971 | BHHS Fox & Roach-Center City Walnut (215) 627-6005
- Source: Bright MLS-NJ | MLS#: PAPH2665178
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1915
HOA Fees
-
Finished Area
2,784 sqft
Lot Size
1,742 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2665178
MLS Status
ACTIVE-BRIGHT
Days on Market
21
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Central A/c
Heating
Forced Air
Sewer
Public Septic
Construction
Year Built
Year Built: 1915
Home type
Townhouse
Architectural Style
Traditional
Construction Materials
Masonry
Foundation Details
Block
Utilities & Energy
Water Source
Public
Basement
Unfinished
Other Features
Subdivision Name
Temple University
Price History
| Date | Event | Price |
|---|---|---|
08/31/2026 Source: | Listed for Sale | $499,900 $180/sqft |
06/13/2026 Source: | Off Market | $499,900 $180/sqft |
North Central Ranks #9 in Philadelphia, PA
Homes
Rental Prices
Median Home Price
Nearby Homes
Find Homes by Property Features in Philadelphia, PA
Nearby New Homes For Sale
Based on information from Bright MLS through Sep 21, 2026, 08:30AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
Advertising Broker: Joe Hawkins | Hawkins Real Estate Company, LLC
Love this home?
Here's 4 things you can do
Your local real estate expert. Speak directly with agent about the home & pricing.
Book your private tour
as early as Today at 09:00 AM
Rates starting from 6.3%. Secure financing early to move quickly when you're ready.
Fastest way to get your offer in. Speak directly with agent to negotiate the offer.
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
