719 N 16th Street is a FULLY LEASED, luxury quadplex ideally positioned on a prime corner lot in the heart of booming Francisville, steps away from Fairmount Avenue. Each of the four spacious residences is a thoughtfully designed bi-level unit featuring bright, open-concept layouts, wood grain flooring, stainless steel appliance packages, quartz countertops, designer tile finishes, and in-unit full size laundry. The two upper units are crowned with private roof decks, offering coveted outdoor space and completely unobstructed skyline views.
The property also includes one off-street parking space and approximately 6 years remaining on the FULL 10-year tax abatement, providing significant long-term value. This presents a unique opportunity to have a tun key investment opportunity locked in with great rent roles and low maintenance.
With a stellar Walk Score of 93, this location places you less than a block from Fairmount Avenue and moments from top restaurants, cafés, neighborhood shops, public transportation, Broad Street, and quick access to I-76. A truly turnkey investment in a high-demand rental corridor with consistent appreciation.
Listed by Arvind Balaji
·
License #068233
·
KW Empower
·
2672091081
Last updated March 10, 2026
·
Source: BrightMLS #PAPH2166510
Listing Facts
TypeMulti-family
NeighborhoodFrancisville
Days on Prevu1305
Taxes$3,779/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
02/25/2026
Price Decreased
$1,895,000
12/17/2025
Status changed to Active
$1,950,000
06/11/2024
Status changed to Active
$1,950,000
10/04/2022
Listed by KW Empower
$1,950,000
Property Details for 719 N 16TH Street
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 2020
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.04
Lot Size Dimensions: 20
Lot Size Source: Assessor
Lot Size Square Feet: 1,660
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $3,779.00
Tax Year: 2025
Interior
Measurements
Living Area Source: Estimated
Rooms
Basement: Fully Finished
Has Basement: Yes
Other
Location
Subdivision Name: FRANCISVILLE
Tax Lot: 69
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
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 719 N 16TH Street.
What are the annual taxes for 719 N 16TH Street?
Annual taxes for this multi-family home are estimated at $3,779.
How does 719 N 16TH Street compare to other multi-family homes in Francisville?
This multi-family home is listed 47% above the average price for multi-family homes in Francisville and has been on the market for 1202 more days than the typical home in this area.
719 N 16TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19130. Available on Prevu for 1,305 days at $1,895,000. This includes a recent price decrease of $55,000. This residence is located in Francisville. The median listing price for multi-family homes in this area is $499,900. Additional amenities include parking. View other multi-family home listings in Philadelphia.
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. Copyright BRIGHT, All Rights Reserved.
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.