313 S 16th St, Philadelphia, PA 19102

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Sold Price
$900,000
List Price
$999,999
Closing Date
May 18, 2026
Status
CLOSED
MLS#
PAPH2566526
Living Area
3,423
Lot Size (Acres)
0.03
Style
Other
Year Built
1920
County
Philadelphia
School District
Philadelphia City

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 façade 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.

Additional Information

Area
19102 (19102)
Subdivision
Rittenhouse Square
School District
Philadelphia City
Flooring
Hardwood, Carpet, Vinyl
Heating
Electric Baseboard, Hot Water
Cooling
Window/Wall, Central Air
Roof
Flat
Utilities
Electric Available, Telephone, Natural Gas Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Re/Max One Realty. Contact:

Selling Office: KW Empower.