2538 N 16th Street, Philadelphia, PA 19132 - Photo 1

1/1

$266,000

Sold
Closed
Townhouse
1,590 Sq. Ft.
Updated 5 days ago

1/1

Property Description

Investment Property with Strong Cash Flow Fully rehabbed 5-bedroom, 3-bath property is a prime investment opportunity. With a long-term tenant in place paying $3307.50/month, and a scheduled 5% rent increase on July 1st, 2025 (and annual 5% increases thereafter). This property offers excellent income stability and growth potential. The home features modern renovations throughout, including updated kitchens and bathrooms, new flooring, and upgraded systems-ideal for investors seeking a low-maintenance, high-yield asset. This is a rare chance to acquire a cash-flowing property.

Full Property Details

Full Property Details for 2538 N 16th St

General

Sold For: $266,000
Taxes: $2,556 (2024)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: PAPH2505962
Added to Site: 252 day(s) ago

Interior

Number of Rooms: 5
Rooms/Areas: Living Room, Kitchen, Laundry

Parking

Parking Type: On Street

Location

Area: 19121 (19121)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Driving Directions: GPS Directions

School Information

School District: Philadelphia City

Heating & Cooling

Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Structure Type: Interior Row/Townhouse
Construction: Masonry
Basement: Yes
Basement Desc.: Other
Foundation: Brick/Mortar
Stories Description: Lower 1, Main, Upper 1
Square Feet: 1,590
Sq. Ft. Source: Assessor
Living Area: 1,590 Sq. Ft.
Finished Above Grnd: 1,590 Sq. Ft.
Year Built: 1915
Year Built Source: Assessor

Lot Features

Lot Size (Acres): 0.02
Lot Size (Sq. Ft.): 990
Lot Size Source: Assessor
Lot Dimensions: 15.00 x 66.00
Zoning: RSA5

Financial Considerations

Price Per Sq. Ft.: $180.5
Assessment Year: 2025
School Tax: $1,431
City/TownTax: $1,124
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $182,600
Tax Amount: $2,556
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1590

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 129

Listed by AM Realty Advisors, Gloria S Williams
Sold by AM Realty Advisors, Anthony J Fanelli

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Listing agent

— 2538 N 16th St —

Gloria S Williams

AM Realty Advisors

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Schools

Schools serving 2538 N 16th St

School District:Philadelphia City School District

Name	Grades	Distance
Duckrey Tanner School 1501 West Diamond street, Philadelphia, PA 19121	K-8	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2538 N 16th St

Date

Details

Price

Change

Source

2/24/2026

Sold

$266,000

-7.32%

MLS

6/24/2025

Listed

$287,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2538 N 16th Street, Philadelphia, PA 19132 (MLS# PAPH2505962) is a Townhouse property that was sold at $266,000 on February 24, 2026. Want to learn more about 2538 N 16th Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

2538 N 16th St Philadelphia, PA 19132