Investment Opportunity Spacious Duplex Minutes from Temple University.
Presenting a prime investment opportunity at 2213 North 16th Street, Philadelphia, PA 19132a large duplex located just minutes from Temple University. This property offers exceptional potential for both seasoned investors and those looking to enter the student housing market. Its convenient location near shopping and mass transit makes it highly attractive to tenants, particularly students and professionals seeking easy access to the university and city amenities.
Unit 1 features two bedrooms and one bathroom, providing comfortable living spaces. Tenants in Unit 1 have exclusive access to a backyard area, which is perfect for barbecues and outdoor gatherings. This unit is currently rented at $1,150 per month, with the lease extending until January 31st, 2026.
Unit 2 consists of three bedrooms and 3.5 bathrooms and was fully updated two years ago. It features hardwood floors, modern kitchens equipped with stainless steel appliances, and updated bathrooms. The open layout and high-end finishes provide a comfortable and stylish living environment. This unit is currently rented at $1,500 per month, with the lease expiring on September 30th, 2025. The basement includes a two-year-old sump pump.
Both units are currently rented below market value, presenting a significant opportunity for increased returns. There is definite room to increase the rents and create additional cash flow, making this an ideal opportunity for a savvy investor.
This well-maintained duplex benefits from a strong rental history, offering consistent income potential. Its close proximity to Temple University and public transportation enhances its rental appeal, making it an ideal option for students, university staff, and working professionals.
Dont miss out on this excellent investment opportunityschedule a showing today!
Presented By: Real of Pennsylvania
Interior Features for 2213 N 16Th Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
BasementFull
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringWood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
General for 2213 N 16Th Street
Acceptable FinancingConventional, FHA, FHA 203(b), FHA 203(k), Cash, VA
AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsBrick
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsTurn right onto W Glenwood Ave. Continue on W Diamond St. Drive to N 16th St
Electric100 Amp Service
ExclusionsTenant, Personal Property
Garage Y/NNo
HeatingForced Air
Home Warranty Y/NNo
Lot Size Square Feet1034.00
Lot Size UnitsSquare Feet
MLS Area19132 (19132)
ModificationTimestamp2025-03-16T00:06:02
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG155.3
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
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