313 S 16th Street, Philadelphia, PA 19102 - Photo 1

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$999,999

For Sale
Under Contract
Townhouse
3,423 Sq. Ft.
Updated 10 days ago

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Property Description

313 S. 16th Street is an oversized, RM1-zoned, multi-level property steps from Rittenhouse Square, Center City, and the Broad Street Line, offering a rare by-right opportunity to create up to three residential units in one of Philadelphia's most walkable locations. Currently configured as a professional office under an existing variance, the building features expansive floor plates across multiple levels, multiple bathrooms, strong natural separation between floors, and a layout that lends itself well to a three-unit conversion. Additional highlights include a secure vestibule entry, ample storage, an upper-level roof deck area, active fire alarm certification, and a prior ADA accessibility study with conceptual architectural renderings illustrating a compliant front-entry ramp and exterior access improvements that show how the building facade could be thoughtfully adapted for accessibility. With historic character, flexible interior space, and unbeatable access to transit, dining, and amenities, this property presents a compelling value-add or redevelopment opportunity for investors seeking a prime multifamily asset in a true Walker's Paradise.

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Full Property Details

Full Property Details for 313 S 16th St

General

Price: $999,999
Taxes: $11,092 (2025)
Status: Under Contract
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: PAPH2566526
Updated: 2/23/2026
Added to Site: 78 day(s) ago

Interior

Flooring: Hardwood, Carpet, Luxury Vinyl Plank

Additional Information

Security/Safety: Fire Detection System

Parking

Parking Type: On Street

Location

Area: 19102 (19102)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Subdivision: RITTENHOUSE SQUARE
Cross Streets: Pine
Driving Directions: Pine Street East to L on 16th. The property is on the right.
Location Details: Downtown
Historic District: Yes

School Information

School District: Philadelphia City

Heating & Cooling

Central air: Yes
Cooling Type: Window Unit(s), Central A/C
Cooling Fuel: Electric
Heating Type: Baseboard - Electric, Hot Water
Heating Fuel: Natural Gas, Electric
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electric Available, Phone, Natural Gas Available, Sewer Available, Water Available

Structural Information

Architectural Style: Other
Structure Type: Interior Row/Townhouse
Construction: Masonry
Foundation: Concrete Perimeter
Roof: Flat
Square Feet: 3,423
Sq. Ft. Source: Estimated
Living Area: 3,423 Sq. Ft.
Finished Above Grnd: 3,423 Sq. Ft.
Year Built: 1920
Year Built Source: Estimated
Property Condition: Very Good

Lot Features

Lot Size (Acres): 0.03
Lot Size (Sq. Ft.): 1,134
Lot Size Source: Estimated
Lot Dimensions: 18.00 x 63.00
Zoning: RM1

Financial Considerations

Price Per Sq. Ft.: $292.14
Assessment Year: 2025
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $792,400
Tax Amount: $11,092
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Practice Group Commercial Property
Lot Number: 8073

Listed by Re/Max One Realty, Robert J Wolf

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Listing agent

— 313 S 16th St —

Robert J Wolf

Re/Max One Realty

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Schools

Schools serving 313 S 16th St

School District:Philadelphia City School District

Name	Grades	Distance
Greenfield Albert M School 2200 Chestnut Street, Philadelphia, PA 19103	K-8	0.6 mi
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130	12-11	1.2 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 313 S 16th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/16/2026

Price Reduced

$999,999

-23.08%

MLS

12/18/2025

Listed

$1,300,000

—

MLS

Get Price Alerts and Save Property

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

Tax History

Tax History for 313 S 16th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

100%

$792,400

—

2024

100%

$792,400

—

2023

100%

$792,400

—

2022

-100%

$792,400

100%

2018

$121,396

1119%

-100%

2015

$9,962

—

$743,400

—

2014

$9,962

—

$743,400

—

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

Estimate the Cost

Estimate the Cost for 313 S 16th St

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Just Listed

$142,500

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Updated 3 days ago

2
Beds
1
Total Bath
1,380
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Listed by Kenneth "Ken" LePosa (908) 309-1156

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Just Listed

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Updated 5 days ago

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Total Bath
1,492
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Just Listed

$215,000

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Townhouse
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,200
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Listed by Keller Williams Realty, Jennifer Horner

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Just Listed

$4,500

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Commercial Lease
Active

Listed by Keller Williams Realty - Marlton, Michael P Carr

2406 S 12th St, Camden, NJ 08104 - Photo 1

Price Reduced

-$15,000 (-6%)

$235,000

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Single Family
Active
Updated 3 hours ago

3
Beds
2
Total Baths
1,160
Sq. Ft.

Listed by First Advantage Realty II LLC, Heigly N. Ortiz

601 Berkley St, Camden, NJ 08103 - Photo 1

Price Reduced

-$24,900 (-4.15%)

$575,000

601 Berkley St Camden, NJ 08103

Triplex
Active
Updated 4 days ago

3,600
Sq. Ft.

Listed by Keller Williams Realty - Moorestown, Marques Brooks

Price Reduced

-$24,900 (-4.15%)

$575,000

601 Berkley St Camden, NJ 08103

Apartment
Active

Listed by Keller Williams Realty - Moorestown, Marques Brooks

2909 Yorkship Rd, Camden, NJ 08104 - Photo 1

Price Reduced

-$14,000 (-7.41%)

$175,000

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Townhouse
Active
Updated 2 days ago

3
Beds
1
Total Bath
1,048
Sq. Ft.

Listed by NextHome Prime, Lionel Cruz

313 S 16th Street, Philadelphia, PA 19102 (MLS# PAPH2566526) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 313 S 16th Street is currently listed for $999,999 and was received on December 18, 2025. Want to learn more about 313 S 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.

313 S 16th St Philadelphia, PA 19102