# 1844 N 16TH Street, Philadelphia, PA 19121

> **TL;DR:** other, $399,900, built 1915.
> A/C. Est. $1,733/mo. Listed 9 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $399,900 |
| Year Built | 1915 |
| Lot Size | 1,307 sqft (0.03 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 9 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,733 |
| **Total** | **$1,733** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1915
- 0.03 acre lot

## Description

### Agent Description
Investor Alert! 24-hour notice required for all showings. Currently operating as a 6-bedroom, 2.5 bath rental, the property generates $4,200 per month ($50,400 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. Offering a nearly 9% cap rate. This property is that it is a legal six-unit rooming house with grandfathered zoning rights, making it a 6-unit building by right. This designation creates significant future value-add potential for the next owner. Subject to buyer due diligence. The property 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. 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 and PAPH2637494

## Location

- **Address:** 1844 N 16TH Street, Philadelphia, PA 19121
- **County:** PHILADELPHIA
- **Neighborhood:** TEMPLE UNIVERSITY
- **Coordinates:** 39.98175812, -75.16082764
- **Google Maps:** https://www.google.com/maps?q=39.98175812,-75.16082764

## Listing Agent

- **Name:** Michael Coleman
- **Brokerage:** Keller Williams Realty Devon-Wayne
- **Phone:** 4849426266
- **Email:** mikecolemanrealestate@gmail.com

## Primary Photo

![1844 N 16TH Street - Primary Photo](http://lh.rdcpix.com/c87790c59541564bc4f3e45069e9d7del-f3729418816r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.com/listing/1844-n-16th-street-philadelphia-pa-19121-h2637534)*

---

**MLS#:** PAPH2637534 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1844-n-16th-street-philadelphia-pa-19121-h2637534)

---

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