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$999,900
5 Days On Site

1848 N 16TH STREET
PHILADELPHIA, PA 19121

For Sale|Triplex|Active
1
Bed
0
Total Baths
4,297
SqFt
$233
/SqFt
2019
Built
Subdivision:
TEMPLE UNIVERSITY
County:
PHILADELPHIA
Listing courtesy of BHHS Fox & Roach-Center City Walnut
Call Now: (703) 898-3565
Is this the listing for you? We can help make it yours.
(703) 898-3565
1848 N 16TH STREET1848 N 16TH STREET1848 N 16TH STREET1848 N 16TH STREET
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Monthly Payment (Est.)

$4,562
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

INVESTOR ALERT — 24 HOURS NOTICE REQUIRED. Three-unit building, 2020 construction, 14 bedrooms and 8 bathrooms across 4,297 sq ft. Tax abatement in place through 2030: real estate taxes currently run approximately $1,219 per year against roughly $12,699 at full assessment — a difference of about $11,480 annually, or $45,920 over the remaining term. Purchasers should underwrite the step-up on expiry. Unit 1 — 6 bed / 3 bath, currently vacant, four bedrooms on the below-grade ground floor Unit 2 — 2 bed / 2 bath, $1,450/month Unit 3 — 6 bed / 3 bath, $4,650/month Units 2 and 3 are leased at market for the 26/27 season, together producing $73,200 annually. Unit 3 was repositioned from four tenants at $2,750 to six at $4,650 — a 69% increase, already executed. Common roof deck and rear patio. The asking price is set against income in place today rather than on a stabilised basis, so a purchaser acquires the lease-up on Unit 1 rather than paying for it. Walking distance to Temple University Main Campus and the Broad Street Line. Offering memorandum with full rent roll and operating statement available on request. All figures subject to independent verification.

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Listing Snapshot
Price 
$999,900
Days On Site 
5 Days
Bedrooms 
1
Inside Area (SqFt) 
4,297 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.04 Acres
Year Built 
2019
MLS® Number 
PAPH2668006
Status 
Active
Property Tax 
$2,539
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.04
Foundation 
Block
Parking 
On Street
Property Condition 
New Construction
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
4297
SqFt Total 
4297
Style 
Contemporary
Water Source 
Public
Zoning 
RM1
Interior Features
Appliances 
Electric Water Heater
Basement 
Finished
Cooling 
Central AirElectric
Heating 
ElectricForced Air
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Exterior Features
Pool Features 
None
Roof 
Flat
Community Features
MLS Area 
19121 (19121)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Center City Walnut



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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