#PAPH2480470, Karl J Klotzbach, Listing office: Coldwell Banker Realty
2500 N 16th St Philadelphia, PA 19132
Property details
About 2500 N 16th St
Welcome to 2500 N 16th St, Philadelphia, PA 19132—a standout investment opportunity featuring 3 fully updated units in a vibrant, sought-after location! This commercial mixed-use multi-family property has been completely renovated to meet modern standards, making it an ideal choice for both owner-occupants and investors alike. The upgrades include brand-new systems (HVAC, plumbing, electric, etc.), ensuring worry-free ownership for years to come. Each unit boasts stylish, contemporary finishes, including stainless steel appliances, adding to its tenant appeal. One residential unit is currently vacant, offering the flexibility for the new owner to move in immediately or take advantage of a pre-approved Section 8 rental, with tenants ready to lease. This means you can start generating income right away! Situated just minutes from Temple University, the property enjoys high demand from students, faculty, and professionals alike. Its prime location provides easy access to public transportation, local dining, shopping, and major city amenities, guaranteeing consistent rental interest. Why This Property Stands Out: Fully renovated and move-in ready Prime location near Temple University Strong income potential with Section 8 pre-approval Turnkey investment with no major updates required Don’t miss this opportunity to secure your spot in Philadelphia’s booming real estate market. Whether you're expanding your portfolio or looking for a property with high rental demand, 2500 N 16th St is a rare find that checks all the boxes. Schedule your tour today and make your investment dreams a reality!
Highlights
(ACTIVE)
Summary
- Parking: On Street
- Architectural Style: Other
- Heating: Forced Air
- Cooling: None
- List Price: $585,000
- Price/SqFt: $215
- Annual Tax Amount: $1,781
- Tax Year: 2023
- Directions: Head north on Broad St ,Turn left onto W Cumberland St, Turn right onto N 16th St
- Year Built: 1915
- Living Area: 2,720 SqFt
- Municipality: Philadelphia
- Lot Size: 0.02 Acres
- MLS Number: PAPH2439036
- MLS Name: BRIGHT
- Office Name: HomeZu by Simple Choice
- Office Phone: (855) 885-4663
- Office Email: support@simplechoicerealty.com
- Listing Agent: Christopher J Carr
- Agent Phone: (855) 885-4663
- Agent Email: support@simplechoicerealty.com
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Last updated on: 6/4/2025, 2:45:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$585,000
2500 N 16th St
$6,947
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 27, 2019 | Home Sold | $73,000 |
Apr 25, 2016 | Home Sold | $35,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $127,300 | $1,781 |
2022 | $127,300 | $2,180 |
2021 | $- | $2,180 |
2020 | $155,800 | $2,180 |
2019 | $154,300 | $2,159 |
2018 | $149,900 | $2,098 |
2017 | $44,600 | $624 |
History based on county public records data.
Nearby schools
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.1 mi
•2539 N 16th St
3
Mastery Charter School at Clymer
Public Charter KG-6
0.5 mi
•1201 W Rush St
1
Thomas May Peirce Elementary School
Public District KG-6
0.7 mi
•2300 W Cambria St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,744. Most Philadelphia, PA residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 2500 N 16th St
The listing price of 2500 N 16th St property is $585,000.
The property 2500 N 16th St is a multi located in Philadelphia, Pennsylvania, 19132.
Active Listing: 2500 N 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2500 N 16th St are: Kipp North Philadelphia Charter School (GreatSchools Rating 2/10), Mastery Charter School at Clymer (GreatSchools Rating 3/10), Thomas May Peirce Elementary School (GreatSchools Rating 1/10), Kipp Philadelphia Charter School (GreatSchools Rating 4/10), Tanner G. Duckrey School (GreatSchools Rating 3/10), John F. Hartranft School (GreatSchools Rating 2/10), Tech Freire Charter School (GreatSchools Rating 3/10), Philadelphia Military Academy at Elverson (GreatSchools Rating 2/10), Dobbins Avt High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,781 (source: MLS/based on county public records data).
The last sale was on June 27, 2019 for $73,000 (source: MLS/tax record).
The property 2500 N 16th St is 2,720 SqFt (source: MLS/tax record).
The year of construction for 2500 N 16th St is 1915.
This home is located at 2500 N 16th St in Philadelphia, PA and zip code 19132 in the Glenwood neighborhood. This 2,720 square foot home, which was built in 1915, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $585,000.
In May 2025 in Philadelphia, PA there were 40.9% more homes for sale than in April. In May 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $298,569.