USAPAPhiladelphiaTemple University1842 N 16Th Street
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1842 N 16Th Street, Philadelphia, PA

Townhouse

For Sale

Listed price in listed location currency (USD).
$499,900

730

MLS® PAPH2635058

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 2784 sqft
Garage 
Taxes $3,969
Days Active 0
Lot Size 
Approx. Age 1915
Avg. Price Per Sqft $179
MLS® Number PAPH2635058

Property Address: 1842 N 16th Street, PHILADELPHIA, PA, 19121

Average square foot calculated using Size range provided by listing agent.

Description

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional single-family student rental offers immediate cash flow in one of Temple University's most sought-after off-campus locations. Currently generating $4, 900 per month ($58, 800 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The property features a spacious 7-bedroom, 2.5-bath layout with a private roof deck, a highly desirable amenity that consistently attracts student tenants and supports strong rental demand. The property is fully leased through July 2027 and benefits from its premier location just steps from Temple University's main campus. Positioned in the heart of the university's most desirable off-campus housing district and within campus patrol zone. Investors can continue operating the property in its current configuration and enjoy immediate, stable cash flow, or explore the potential to convert the building into four residential units, subject to buyer due diligence and approvals. With stable income already in place, strong rental demand, redevelopment potential, and an unbeatable location, this property delivers the combination of cash flow and upside that investors are increasingly seeking in today's market. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718 and PAPH2632744
MLS® NumberPAPH2635058
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementUnfinished
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 13, 2026List Date
$499,900List Price
  • Commute

Commute

Starting Address
Destination Address
1842 N 16Th Street, Philadelphia, PA

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