MLS: #PAPH2668006, Listed By: Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut, Source:Bright MLS
1848 N 16th Street
PHILADELPHIA, PA 19121
1
Bed
0
Bath
4,297Sqft
0.04Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Room Information
Has Basement: Yes Basement: Finished -
Roofing Information
Flat -
Interior Features
Roof: Flat Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 2019 Building Area Total: 4297 Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 16.00 x 98.00 Lot Size Acres: 0.04 Lot Size Source: Assessor Lot Size Square Feet: 1560Property Information
Subdivision: TEMPLE UNIVERSITY Source Property Type: Residential Income Postal Code Plus 4: 3301 Property SubType: Triplex Property Age: 7
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Listing Price Information
Listing Price: $999900
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Tax Information
Parcel Number: 321098601 Tax Lot: 293 Tax Year: 2026 Annual Tax: $2539
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Parking Information
On Street
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Location Information
Direction: gps WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1220 N Carlisle Street, Philadelphia, PA, 19121 | $550,000 | -- | -- | 2,397 | 0.02 Acre |
| 1222 N Carlisle Street, Philadelphia, PA, 19121 | $550,000 | 2 | -- | 2,424 | 0.02 Acre |
| 1224 N Carlisle Street, Philadelphia, PA, 19121 | $550,000 | 2 | -- | 2,385 | -- |
| 1228 N Carlisle Street, Philadelphia, PA, 19121 | $550,000 | 2 | -- | 2,385 | 0.02 Acre |
| 1230 N Carlisle Street, Philadelphia, PA, 19121 | $550,000 | 2 | -- | 2,385 | 0.02 Acre |
| 2041 N 15th Street, Philadelphia, PA, 19121 | $310,000 | 5 | -- | 2,832 | 0.03 Acre |
| 1511 W Seybert Street, Philadelphia, PA, 19121 | $489,000 | -- | -- | 2,931 | 0.03 Acre |
| 1232 N 15th Street, Philadelphia, PA, 19121 | $449,900 | 2 | -- | 2,697 | 0.02 Acre |
| 1507 W Oxford Street, Philadelphia, PA, 19121 | $1,140,000 | -- | -- | 3,000 | 0.04 Acre |
| 1545 W Jefferson Street, Philadelphia, PA, 19121 | $334,999 | 8 | -- | 3,604 | 0.04 Acre |
Similar Multifamily To 1848 N 16th Street
Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 09/14/2026 @ 04:48
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