$1,300,000

313 S 16th St Philadelphia, PA 19102

Rittenhouse Square Neighborhood

Estimated payment $7,762/month

Total Views 63
-- Bed
-- Bath
3,423 Sq Ft
$380 Price per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to 15Th-16Th & Locust St
  • Hot Water Heating System
  • Downtown Location
  • Central Air
  • Property is in very good condition

About This Home

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.

Listing Agent

Robert Wolf

(215) 694-9728 wolfrealestate@gmail.com Re/Max One Realty License #AB065938 Listed on: 12/18/2025

Re/Max One Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,092

Year Built

  • Built in 1920

Lot Details

  • 1,134 Sq Ft Lot
  • Lot Dimensions are 18.00 x 63.00
  • Downtown Location
  • Historic Home
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 3,423 Sq Ft Home
  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Masonry

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Utilities

  • Central Air
  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Phone Available

Community Details

  • Rittenhouse Square Subdivision

Listing and Financial Details

  • Tax Lot 8073
  • Assessor Parcel Number 772706200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,092

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Practice Group Commercial Property
  • Historic: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Hardwood, Carpet, Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3423
  • Living Area Sq Ft: 3423
  • Price Per Sq Ft: 379.78
  • Above Grade Finished Sq Ft: 3423
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Phone, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 63.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1134.00
  • Property Condition: Very Good
  • Zoning: RM1
  • Zoning Description: Commercially used with a variance since 1998

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11092.00
  • Assessor Parcel Number: 772706200
  • Tax Lot: 8073
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2025 12/18/25 For Sale $1,300,000 -- $380 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2566526

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19102 Rittenhouse Square

313 S 16th St, Philadelphia, PA

For Sale

MultiFamily

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Nearby Homes
Robert Wolf
Listing Agent
Robert Wolf
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Re/Max One Realty
(215) 694-9728