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$999,999 -$300,001 (-23.08%) Price Reduced

  • For Sale
  • Active
  • Townhouse
  • 3,423 Sq. Ft.
  • Updated 1 day ago
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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.

Full Property Details for 313 S 16th St

General

  • Price: $999,999
  • Taxes: $11,092 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2566526
  • Updated: 1/16/2026
  • Added to Site: 31 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

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 313 S 16th St

School District:Philadelphia City School District
NameGradesDistance
Greenfield Albert M School
2200 Chestnut Street, Philadelphia, PA 19103
K-80.6 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-111.2 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 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.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Re/Max One Realty, Robert J Wolf

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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.

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