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$1,500,000

  • For Sale
  • Active
  • Apartment
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Presenting a residential land development opportunity at 3221-49 N. 16th Street in the Allegheny West section of North Philadelphia. The offering consists of one (1) large parcel totaling approximately 16,755 SF with 100 feet of frontage. The property is zoned RSA-3 and benefits from a previously approved variance permitting a 43-unit residential building with off-street parking, significantly reducing entitlement risk. The site is located within a federally designated Opportunity Zone and offers convenient access to Broad Street, Temple University Hospital, and Center City. A rare opportunity to acquire a large, entitled development site with strong long-term upside.

Full Property Details for 3221 N 16th St

General

  • Price: $1,500,000
  • Taxes: $454 (2023)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2597630
  • Updated: 6/17/2026
  • Added to Site: 98 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Total Spaces: 43
  • Parking Type: Parking Lot

Location

  • Area: 19140 (19140)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: TEMPLE UNIVERSITY
  • Driving Directions: GPS

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Water Heater: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Stone
  • Roof: Asphalt
  • Stories/Levels: 4
  • Building Size: 10295
  • Property Condition: Excellent

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.84
  • Lot Size (Sq. Ft.): 36,578
  • Lot Size Source: Estimated
  • Zoning: RSA3

Financial Considerations

  • Price Per Sq. Ft.: $145.7
  • Assessment Year: 2023
  • School Tax: $249
  • City/TownTax: $205
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $32,500
  • Tax Amount: $454
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 232

Listed by Scope Commercial Real Estate Services, Inc., Philip Sharrow and Scope Commercial Real Estate Services, Inc., Joseph M. Loonstyn Jr.

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Listing agents

— 3221 N 16th St —

  • Philip Sharrow

    Scope Commercial Real Estate Services, Inc.

  • Joseph M. Loonstyn Jr.

    Scope Commercial Real Estate Services, Inc.

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 3221 N 16th St

School District:Philadelphia City School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3221 N 16th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/20/2026
Listed
$1,500,000
140%
MLS
2/16/2021
Sold
$625,000
—
Public Record
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 3221 N 16th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,799
—
$128,500
—
2024
$1,799
295%
$128,500
100%
2021
$455
—
-100%
2023
$455
—
$32,500
—
2020
$455
—
$32,500
—
2019
$455
—
$32,500
—
2018
$455
—
$32,500
—
2017
$455
—
$32,500
—
2016
$455
4%
$32,500
—
2015
$436
—
$32,500
—
2014
$436
-75%
$32,500
79%
2013
$1,773
—
$18,144
—
View All
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 for 3221 N 16th St

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Scope Commercial Real Estate Services, Inc., Philip Sharrow and Scope Commercial Real Estate Services, Inc., Joseph M. Loonstyn Jr.

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3221 N 16th Street, Philadelphia, PA 19140 (MLS# PAPH2597630) is a Apartment property. 3221 N 16th Street is currently listed for $1,500,000 and was received on March 20, 2026. Want to learn more about 3221 N 16th Street? Do you have questions about finding other Apartment 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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