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1850 N 16th St , Philadelphia, PA 19121
$324,900
Est. Payment: $1,755.17/mo
8 Bed
3 Bath
2784 Sqft
0.04 Acres
Status: active | Days on site: 70
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61039 - 3359104
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 3-bath investment property in one of Temple University’s most established off-campus rental markets. The property is occupied and leased through July 2027 at $3,400 per month ($40,800 gross annual income). Located just steps from Temple University’s Main Campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia’s strongest off-campus rental corridors, known for consistent tenant demand and long-term rental stability. A standout feature of this investment is its RM-1 zoning, allowing up to four units by right (subject to buyer due diligence), creating significant long-term value-add potential through future redevelopment or reconfiguration. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665182, PAPH2665196, PAPH2665198 and PAPH2686570
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Highlights

Listed by Danielle Redenbaugh , 2676143971 BHHS Fox & Roach-Center City Walnut , 2156276005. Bright MLS

Property Type

Townhome
Lot/Acreage
0.04

Year Built

1915

County

Philadelphia

Area

19121 (19121)

 Neighborhood

Temple University

 School District

Philadelphia City

Listing ID

PAPH2665188

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:2784
Basement:Unfinished
Other:
  • ▪ Main Floor Bedrooms:2
  • ▪ Additional:Case by Case Basis, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:16.00 x 98.00
Zoning:RM1
Sewer:Other
Parking Features:Off Street
Principal Interest
$1,755
Taxes
$429

Home Price

$324,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$64,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,755.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,755.17 $428.67 $0.00 $2,183.83
Yearly $21,061.99 $5,144.00 $0.00 $26,205.99
Total $631,859.77 $154,320.00 $0.00 $786,179.77
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS