MLS: #PAPH2671842, Listed By: John Brown, Compass Pennsylvania, LLC, Source:Bright MLS
1648 S 16th Street
PHILADELPHIA, PA 19145
4
Bed
0
Bath
2,896Sqft
0.02Acre(Lot)
Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1-bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come. BONUS: Tax abatement runs through 2030!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Room Information
Has Basement: Yes Basement: Unfinished -
Interior Features
Appliances: Electric Water Heater, Washer, Dryer -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air, Heat Pump Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 1915 Building Area Total: 2896 Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.02 Lot Size Source: Estimated Lot Size Square Feet: 992 Lot Description: Corner Lot
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Listing Price Information
Listing Price: $829000
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Tax Information
Parcel Number: 871550700 Tax Lot: 96 Tax Year: 2026 Annual Tax: $4762
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Parking Information
On Street, Unassigned
-
Location Information
Direction: 16th and Morris WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1618 S Broad Street, Philadelphia, PA, 19145 | $800,000 | 7 | -- | 3,459 | 0.03 Acre |
| 1506 W Porter Street, Philadelphia, PA, 19145 | $399,900 | 2 | -- | 2,116 | 0.02 Acre |
| 1514 Wolf Street, Philadelphia, PA, 19145 | $370,000 | 4 | -- | 1,728 | 0.02 Acre |
| 1533 W Passyunk Avenue, Philadelphia, PA, 19145 | $440,000 | 3 | -- | 1,700 | 0.02 Acre |
| 1528 W Porter Street, Philadelphia, PA, 19145 | $580,000 | 5 | -- | 2,561 | 0.02 Acre |
| 1745 S 16th Street, Philadelphia, PA, 19145 | $369,900 | 4 | -- | 1,460 | 0.02 Acre |
| 1641 W Ritner Street, Philadelphia, PA, 19145 | $624,900 | 2 | -- | 2,736 | 0.02 Acre |
| 1803 S 17th Street, Philadelphia, PA, 19145 | $329,900 | 3 | -- | 1,560 | 0.02 Acre |
| 1709 Hartranft Street, Philadelphia, PA, 19145 | $619,900 | 4 | -- | 1,718 | 0.04 Acre |
| 1713 Wolf Street, Philadelphia, PA, 19145 | $329,900 | 3 | -- | 2,232 | -- |
Similar Multifamily To 1648 S 16th Street
Nearby For Sale
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ByOwner last updated this listing 09/21/2026 @ 07:55
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