1534 N 16th St Philadelphia, PA 19121

$8,750,000
21,120 sqft
0.2 acres
$414 / sqft
House

Property details

About 1534 N 16th St

INTRODUCING: Owl's Nest Apartments @ Temple University. This best-in-class furnished apartment building has been renovated from top-to-bottom with excellent proximity to Philadelphia's largest university by enrollment, as well as the booming North Broad District, Fairmount and Francisville neighborhoods. With 28 units (1's, 2's and 3's) plus common amenities, Owl's Nest Apartments is poised to become a legacy asset at Temple — insulated by perennial rental demand in a high-growth / appreciating location. Located just a few blocks from Main Campus, as well as Septa's North Broad subway line, The Property boasts tremendous curb appeal and visibility. Each apartment is fully furnished—truly plug-and-play turnkey rentals. Amenities include study rooms, fitness center, Amazon dropbox and resident lounge. Utilities (and wifi) are included in the rent. Purchase this exceptional multifamily real estate in a Top-10 USA MSA. 10 year tax abatement (pay taxes based on assessed land value rather than improved value), low maintenance and operating costs. Enquire within for financials. Coming soon...

Highlights

Home typeOther
HeatingOther
StatusActive
(ACTIVE)
Size21,120 sqft
Lot size0.16 Acres
Year built1950
MLS #PAPH2432782
ViewCity

Summary

  • MLS Number: PAPH2432782
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Liberty Place
  • Office Phone: (609) 399-5454
  • Office Email: klrw903@kw.com
  • Listing Agent: Ryan J McManus

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 4:24:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$8,750,000

1534 N 16th St

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Price information

Property sales

DateEventPrice
Oct 07, 2021
Home Sold
$2,900,000

Tax history

YearAssessmentProperty Tax
2023$800,000$11,198
2022$800,000$8,743
2021$-$48,053
2020$3,432,900$48,053
2019$3,399,000$47,579
2018$761,100$10,653
2017$714,400$10,000

History based on county public records data.

Nearby schools

2

Kipp North Philadelphia Charter School

Public Charter KG-6

1.0 mi

2539 N 16th St

1

Richard R. Wright Elementary School

Public District KG-5

1.2 mi

2700 W Dauphin St

6

John Moffet Elementary School

Public District KG-5

1.4 mi

127 W Oxford St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $11,406. Residents of Philadelphia, PA typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

85%
<35k
8%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

87%
Single, No Kids
10%
Single, with Kids
2%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
2%
12-17 yrs old
87%
18-34 yrs old
7%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1534 N 16th St

This home is located at 1534 N 16th St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 21,120 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $8,750,000.

While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. Between December and January 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 3.5%. The median list price of listings available in January 2025 was $266,945, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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