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1648 S 16TH Street, Philadelphia PA 19145
1648 S 16TH Street, Philadelphia PA 19145
Pennsylvania>Philadelphia>Newbold

1648 S 16TH StreetPhiladelphia, PA 19145

For Sale

$829,000

Smart Buyer Rebate $8,290

Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1-bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come. BONUS: Tax abatement runs through 2030!

Listed by John J Brown

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License #AB065043

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Compass Pennsylvania, LLC

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2157789600

Last updated October 29, 2026

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Source: Bright #PAPH2671842

Listing Facts

  • TypeMulti-family
  • NeighborhoodNewbold
  • Days on Prevu43
  • Taxes$4,762/year
  • Size2,896 sqft
  • Price per sqft$286

Location

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Listing History

09/18/2026
Listed by Compass Pennsylvania, LLC
$829,000
  1. 09/18/2026$829,000
    Listed by Compass Pennsylvania, LLC

Property Details for 1648 S 16TH Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Stories Total: 3
  • Year Built: 1915
  • Architectural Style: Contemporary
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.02
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 992
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $4,762.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,896
  • Living Area Source: Estimated

Rooms

  • Basement: Unfinished
  • Has Basement: Yes

Other

Location

  • Tax Lot: 96

Parking

Parking

  • Garage: No
  • Parking Features: Public, Unassigned

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air, Heat Pump(s)
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1648 S 16TH Street.

What are the annual taxes for 1648 S 16TH Street?

Annual taxes for this multi-family home are estimated at $4,762.

How does 1648 S 16TH Street compare to other multi-family homes in Newbold?

This multi-family home is listed 54% above the average price for multi-family homes in Newbold and has been on the market for 35 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,896 sqft.

1648 S 16TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19145. Available on Prevu for 43 days at $829,000. This residence features 2,896 square feet of living space, located in Newbold. The median listing price for multi-family homes in this area is $329,400. Browse more multi-family home listings in Philadelphia.

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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.