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1500 N Carlisle StreetPhiladelphia, PA 19121

For Sale

$22,900,000

Smart Buyer Rebate $229,000

Introducing the Temple Nest Portfolio — oceanfront property for Temple University, the largest university in Philadelphia, Pennsylvania by enrollment. Offered at a substantial discount to replacement costs, this cash-flowing real estate portfolio presents an optimal acquisition for the student-housing sector — one of the most resilient asset classes in the industry. These furnished student-housing apartments have maintained high historical occupancy due to their convenient proximity to campus, name recognition, concentrated location (ease of management and leasing) and professional ownership/management performance. The Temple Nest Portfolio includes twenty-six (26) buildings with 100 units and 288 beds. The Temple Nest Portfolio is widely considered the preeminent off-campus student-housing operation at Temple University, featuring superior walkability to Main Campus. It's a turnkey real estate portfolio insulated by a resilient asset class (Division 1 student housing) in a Top-10 USA MSA with a high-growth trajectory. With newly minted President John Fry at the helm of Temple's renaissance, the North Broad campus is poised to experience monumental transformation over the next decade plus, as evidenced by the growth of Drexel University under Fry's tenure — billions of dollars of active stage real estate developments provide the proof of what's to come at Temple. The time is now to invest — as the old adage goes — "make your money on the buy." The Owls are a local Philly favorite for their performance in athletics and The Temple Nest Portfolio represents the best of Temple University's student-housing properties. Enquire within for pro forma financials, floorplans and full property list.

Listed by Ryan J McManus

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License #RS316262

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Keller Williams Liberty Place

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6106061095

Last updated September 02, 2025

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Source: BrightMLS #PAPH2489634

Listing Facts

  • TypeMulti-family
  • NeighborhoodAvenue of the Arts North
  • Days on Prevu97
  • Taxes$3,171/year
  • Size100,000 sqft
  • Price per sqft$229

Location

Mortgage Calculator

Listing History

09/02/2025
Price Decreased
$22,900,000
06/03/2025
Listed by Keller Williams Liberty Place
$23,900,000

Property Details for 1500 N Carlisle Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Year Built: 2018
  • Architectural Style: Unit/Flat
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade
  • View: City
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Estimated
  • Lot Features: Corner
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 21
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1,377
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.0

Taxes

  • Tax Annual Amount: $3,171.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Hardwood

Measurements

  • Living Area: 100,000
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.