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1842 N 16th St photo 1
for saleNew — 1d on market
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$499,900

7beds
|
3baths
|
2,784sqft
|
1915built
1842 N 16th St,Philadelphia, PA 19121

Est.$3,287/moCustomize payment

What's special

Just listed

On the market for 1 day

$180/sqft

Price per square foot

Built in 1915

111 years old

Overview

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional single-family student rental offers immediate cash flow in one of Temple University's most sought-after off-campus locations. Currently generating $4,900 per month ($58,800 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The property features a spacious 7-bedroom, 2.5-bath layout with a private roof deck, a highly desirable amenity that consistently attracts student tenants and...

Listing updated: June 14, 2026 at 10:00 AM

Listed by:

Michael Coleman 484-942-6266, Keller Williams Realty Devon-Wayne, Co-Listing Agent: Danielle Redenbaugh 267-614-3971, Keller Williams Realty Devon-Wayne

Source: Bright MLS · MLS #PAPH2635058Bright MLS

Property details

Cost estimate

Est. monthly payment

$3,118/mo
Principal & interest
$2,621
Property tax
$331
Home insurance (est.)
$167

Down payment

$99,98020% of list price
Adjust down payment20%
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Based on 20% down ($99,980), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
Jun 13, 2026Listed for sale$499,900

Location

1842 N 16th St, Philadelphia, PA 19121

Nearby homes

$499,900

7 beds · 3 baths · 2,784 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. 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. Data last updated: 6/14/2026.