$4,869

closing credit¹

2345 N 16th St Philadelphia, PA 19132

$409,990
2,134 sqft
0.03 acres
$192 / sqft
Multi-Family

Property details

About 2345 N 16th St

Welcome to this stunning duplex, perfectly blending modern luxury with smart investment potential! Situated in an up-and-coming neighborhood near Temple University, this property boasts a prime location where new construction continues to rise, making it an affordable opportunity for both owner-occupants and investors. Fully renovated, the property includes designer finishes throughout, elevating the aesthetic and functionality of the home. Unit 1 features 2 spacious bedrooms, 1 beautifully designed full bathroom, as well as a fully outfitted kitchen. This unit is perfect for singles, couples, or small families seeking stylish and comfortable living spaces. Tenants here will also have access to the full unfinished basement for storage or other use. Spanning the second and third floors, Unit 2 offers an expansive layout with 4 large bedrooms and 2 full bathrooms. The thoughtfully designed master suite features a walk-in closet leading to a lovely ensuite bathroom, which also connects to the hallway for added convenience. The full size modern kitchen is a chic centerpiece, combing both design and function for those who enjoy cooking at home and hosting. The amenities in this unit are rare for multifamily, let alone single family homes at this price point! This unit is ideal for accommodating a full family or tenant group seeking a more spacious lifestyle. Whether you're looking to live in one unit while renting the other or to maximize rental income from both units, 2345 N 16th St offers unparalleled value and versatility. Proximity to Temple University ensures strong rental potential and convenience for students or staff. Fully-renovated multifamily opportunities with tasteful design do not last long in this market so don’t miss your chance to own this exceptional property! IMPORTANT: This property will be delivered with a TEN YEAR TAX ABATEMENT. Disclosure: agent has financial interest.

Highlights

Home typeDuplex
HeatingBaseboard, Forced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,134 sqft
Lot size0.03 Acres
Year built1915
ParkingOn Street
MLS #PAPH2434072

Summary

  • MLS Number: PAPH2434072
  • MLS Name: BRIGHT
  • Office Name: Real of Pennsylvania
  • Office Phone: (855) 450-0442
  • Office Email: pabroker@onereal.com
  • Listing Agent: William Taylor Hannum

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: 1/30/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$409,990

2345 N 16th St

$4,869

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
Sep 23, 2024
Home Sold
$100,000

Tax history

YearAssessmentProperty Tax
2023$359,100$5,026
2022$359,100$2,075
2021$-$2,075
2020$148,300$2,075
2019$143,400$2,007
2018$56,800$795
2017$56,800$795

History based on county public records data.

Nearby schools

2

Kipp North Philadelphia Charter School

Public Charter KG-6

0.2 mi

2539 N 16th St

3

Mastery Charter School at Clymer

Public Charter KG-6

0.6 mi

1201 W Rush St

1

Thomas May Peirce Elementary School

Public District KG-6

0.8 mi

2300 W Cambria 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 $21,000. The most common annual income of people living in Philadelphia, PA is less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

73%
<35k
26%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

61%
Single, No Kids
31%
Single, with Kids
3%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
11%
12-17 yrs old
24%
18-34 yrs old
37%
35-64 yrs old
12%
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?

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

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 2345 N 16th St in Philadelphia, PA and zip code 19132 in the Lower North Philadelphia neighborhood. This 2,134 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $409,990.

While more than 218 listings in Philadelphia, PA in December 2024 were sold above asking price, there were more than 229 listings sold at asking price, and more than 580 were sold below. The number of listings in Philadelphia, PA decreased by 2.3% between November and December 2024. While the average time on the market in December 2024 was 49 days, the median list price was $267,873.

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

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