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719 N 16TH STREETPHILADELPHIA, PA 19130

Multi-Family · 0.04 Acres
$1,895,000 ACTIVE

719 N 16TH STREET Overview

Time on Site:
1357 days
Visits:
90

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.

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719 N 16TH STREET Facts & Features

  • Type Multi-Family
  • Lot 0.04 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 0
  • Year Built: 2020

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19130 (19130)
  • Subdivision Name: FRANCISVILLE

Parking Information

  • Total Parking Spaces: 1
  • Type of Parking: Driveway

Tax Information

  • City/Town Tax: 1662.00
  • City/Town Tax Payment Frequency: Annually
  • School Tax: 2116.00
  • Tax Annual Amount: $3,779.00
  • Tax Assessed Value: 270000.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Quadruplex
  • Property Type: Multi-Family
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: RM1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Interior Row/Townhouse

Building Interior

  • Above Grade Finished Area: 0
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Cooling: Central A/C
  • Foundation Details: Other
  • Living Area: 0
  • Living Area Source: Estimated

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 4

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 20.00 x 83.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1660.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Masonry

General Information

  • Number Of Units Total: 4
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

719 N 16TH STREET Neighborhood

Community

19130 (PHILADELPHIA) Demographics

33
Median Age
20,294
Population Density (per sq. mile)
78%
College Educated
$88,858
Estimated Median Income
5,631
Estimated Total Home Owners
8,800
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

719 N 16TH STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

719 N 16TH STREET Market Data

Based on the last 30 days in this zip code

$575,888
Average List Price
$399
Average Price per Square Foot
44
Properties Sold
86
Average Days on Market
157
Properties for Sale
Calculations provided by Reliance Network

719 N 16TH STREET History

Date Event Value Agent
2/25/2026Source: BRIGHT MLS Price Reduction
$1,895,000 -2.8%
12/3/2024Source: BRIGHT MLS Added to Database
October 11, 2022
Listing provided courtesy of KW Empower- MLS# PAPH2166510MLS ProviderContact Information: [email protected] - 2156273500