5651 N 16th St
Description
Excellent cash-flowing investment! This fully occupied legal multifamily duplex features two income-producing units with guaranteed Section 8 rental payments, offering immediate and stable returns. Plus, half of the basement presents a great opportunity to add a third unit - studio apartment which will maximize your ROI. Property Overview:
Total Gross Monthly Income: $2,300
Section 8 Approved...Turnkey Duplex – Fully Occupied with Section 8 Tenants + Basement Studio Potential | $2,300 Gross Monthly Income
Excellent cash-flowing investment! This fully occupied legal multifamily duplex features two income-producing units with guaranteed Section 8 rental payments, offering immediate and stable returns. Plus, half of the basement presents a great opportunity to add a third unit - studio apartment which will maximize your ROI. Property Overview:
Total Gross Monthly Income: $2,300
Section 8 Approved – Reliable, on-time payments
Well-Maintained Building
Separate Entrances for Each Unit
Basement with Studio Conversion Potential
Unit Breakdown:
1st Floor Unit:
2 Bedrooms, 1 Bathroom
Spacious living area and eat-in kitchen
Well-maintained with stable tenant in place
2nd Floor (3FL including) Unit:
4 Bedrooms, 1 Bathroom
Ideal for larger families
Bright, open layout with generous space and solid rental history
A lot of parking space around the property! This property is perfect for both seasoned and first-time investors seeking reliable cash flow with value-add potential. Reach out today to schedule a showing or request a full rent roll and expense sheet.
Property Details for 5651 North 16th Street
Property Details for 5651 North 16th Street
| Status | Active |
|---|---|
| MLS # | PAPH2525778 |
| Days on Market | 119 |
| Taxes | $4,337 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1925 |
| Lot Size | 0.10 AC / 4,186 SF |
| County | Philadelphia County |
Location
Building Information for 5651 North 16th Street
Payment Calculator
$1,497 per month
30 year fixed, 6.28% Interest
$1,136
$361
$0
Property Information for 5651 North 16th Street
- School District Name: PHILADELPHIA CITY
- School District County ID: 803408593408
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19141 (19141)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2025
- Tax Assessed Value: $309,900
- Year Assessed: 2025
- County Tax: $0
- Improvement Assessed Value: $247,920
- City Town Tax: $1,908
- Land Assessed Value: $61,980
- Clean Green Assessed: No
- Land Use Code: R30
- Zoning: RSA5
- Tax Lot: 207
- School Tax: $2,429
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 1
- Other Units: Unit 1,Unit 2
- Number Of Units Vacant: 0
- Number Of Units Month To Month: 0
- Type: Unit 1
- Beds Total: 2
- Full Baths Count: 1
- Type: Unit 2
- Beds Total: 4
- Full Baths Count: 1
- Existing Lease Type: Long Term
- Building Units Total: 2
- Total Finished SQFT: 2,000.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,000.00
- Total SQFT: 2,000.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Foundation Details: Stone
- Lot Size Source: Assessor
- Lot Size Dimensions: 46.00 x 91.00
- Lot Dimensions Source: Assessor
- Parcel ID: 976539
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: 2+ Access Exits
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Bucks County Association of REALTORS
Property History for 5651 North 16th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 4, 2025 | Price Change BRIGHT #PAPH2525778 | $229,900 | — |
| Aug 8, 2025 | Listed (Active) BRIGHT #PAPH2525778 | $249,900 | — |
| Jul 31, 2025 | Expired BRIGHT #PAPH2486864 | — | |
| May 27, 2025 | Listed (Active) BRIGHT #PAPH2486864 | $269,000 | — |
| Feb 25, 2025 | Expired BRIGHT #PAPH2363682 | — | |
| Jan 29, 2025 | Price Change BRIGHT #PAPH2363682 | $269,000 | — |
| Jan 11, 2025 | Price Change BRIGHT #PAPH2363682 | $275,000 | — |
| Jan 2, 2025 | Listed (Active) BRIGHT #PAPH2363682 | — | |
| Dec 31, 2024 | Expired BRIGHT #PAPH2363682 | — | |
| Nov 22, 2024 | Price Change BRIGHT #PAPH2363682 | $279,000 | — |
| Nov 16, 2024 | Price Change BRIGHT #PAPH2363682 | $284,999 | — |
| Oct 31, 2024 | Price Change BRIGHT #PAPH2363682 | $289,999 | — |
| Aug 19, 2024 | Price Change BRIGHT #PAPH2363682 | $299,999 | — |
| Jul 16, 2024 | Price Change BRIGHT #PAPH2363682 | $309,000 | — |
| Jun 14, 2024 | Price Change BRIGHT #PAPH2363682 | $325,000 | — |
| Jun 8, 2024 | Listed (Active) BRIGHT #PAPH2363682 | $349,000 | — |
| Jan 18, 2012 | Closed (Public Record) Public Record #323143393 | $135,000 | +295.7% / yr |
| Mar 1, 2011 | Closed (Public Record) Public Record #305562219 | $40,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/04/2025 | Price Change BRIGHT #PAPH2525778 | $229,900 |
| 08/08/2025 | Listed (Active) BRIGHT #PAPH2525778 | $249,900 |
| 07/31/2025 | Expired BRIGHT #PAPH2486864 | — |
| 05/27/2025 | Listed (Active) BRIGHT #PAPH2486864 | $269,000 |
| 02/25/2025 | Expired BRIGHT #PAPH2363682 | — |
| 01/29/2025 | Price Change BRIGHT #PAPH2363682 | $269,000 |
| 01/11/2025 | Price Change BRIGHT #PAPH2363682 | $275,000 |
| 01/02/2025 | Listed (Active) BRIGHT #PAPH2363682 | — |
| 12/31/2024 | Expired BRIGHT #PAPH2363682 | — |
| 11/22/2024 | Price Change BRIGHT #PAPH2363682 | $279,000 |
| 11/16/2024 | Price Change BRIGHT #PAPH2363682 | $284,999 |
| 10/31/2024 | Price Change BRIGHT #PAPH2363682 | $289,999 |
| 08/19/2024 | Price Change BRIGHT #PAPH2363682 | $299,999 |
| 07/16/2024 | Price Change BRIGHT #PAPH2363682 | $309,000 |
| 06/14/2024 | Price Change BRIGHT #PAPH2363682 | $325,000 |
| 06/08/2024 | Listed (Active) BRIGHT #PAPH2363682 | $349,000 |
| 01/18/2012 | Closed (Public Record) Public Record #323143393 | $135,000 +295.7% / yr |
| 03/01/2011 | Closed (Public Record) Public Record #305562219 | $40,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5651 North 16th Street
Schools near 5651 North 16th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Howe Julia Ward School PublicK to 5 | ||
Wagner Gen Louis Middle School Public6 to 8 | ||
King Martin Luther High School Public9 to 12 | ||
Widener Memorial School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Market Force Realty
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.