Great investment opportunity with a fully leased building. Beautiful 4 story walkup with entire floor layouts per unit. First floor is 2 bed, 2 bath bi-level apartment, the second floor is 1 bedroom, and the upper floor is a 1 bedroom, 1 den, 1.5 bath apartment with a beautiful roof deck that has a view of the new comcast building. Finishes to upper apartment are upgraded from previous other units below. Newly renovated building with quality finishes, hardwood floors, and spacious bedrooms with lots of cabinet space. Photos to come! Please contact listing agent for showings.
Multi-familyProperty Type
1800Year Built
1,320 sq ftLot Size
$369Est. Price/Sq.Ft.
Listed by Damon Michels• Keller Williams Main Line
•610-520-0100 (broker)
•info@mainlinekw.com (broker)
Listed by Monika Maj• BHHS Fox & Roach - Narberth
•610-668-3400 (broker)
Bought with Damon Michels• Keller Williams Main Line
Terrific location, steps from Rittenhouse Square. The property is legally zoned as first floor commercial with two family dwellings. Previous owner created a fourth unit at the 3rd floor rear. the unit is a studio which shares the HVAC system with the 3 floor front one bedroom unit. It is a split system and the owner pays the heating/cooling. 2nd floor is a 2 bedroom 1 bath unit with separate heating and cooling. The system is a heat pump. 1st floor has separate gas fired heating and cooling. There is a updated fire alarm system and shared laundry in the first floor hallway. The property is ideal for an owner occupant with a business on the first floor or convert to a single family on this wonderful block where you can walk to shops, restaurants, and transportation.
TREND #6422366
Jan 9, 2015
Sold
$915,000
$298/sq ft
Dec 12, 2014
Pending
—
Nov 20, 2014
Contingent
—
Nov 3, 2014
Price Changed
$999,000
$325/sq ft
Jul 11, 2014
Listed
$1,100,000
$358/sq ft
BRIGHT MLS #1003003506
Jan 9, 2015
Sold
$915,000
$298/sq ft
Nov 19, 2014
Listing Removed
—
Jul 11, 2014
Listed
$999,000
$325/sq ft
Public Records
Jan 2, 1985
Sold
$187,500
$61/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$19,145
$273,540 + $1,094,160
$1,367,700
2025
$19,145 (+26.2%)
$273,540 + $1,094,160
$1,367,700
2024
$15,175
$216,820 + $867,280
$1,084,100
2023
$15,175 (+26.1%)
$216,820 + $867,280
$1,084,100
2022
$12,033
$249,284 + $610,316
$859,600
2021
$12,033
$249,284 + $610,316
$859,600
2020
$12,033 (+15.0%)
$249,284 + $610,316
$859,600
2018
$10,459 (+12.3%)
$149,440 + $597,760
$747,200
2017
$9,312 (+4.5%)
$264,000 + $401,300
$665,300
2015
$8,915
$264,000 + $401,300
$665,300
2014
$8,915
$264,000 + $401,300
$665,300
2013
$8,911 (+3.6%)
$17,344 + $73,856
$91,200
2012
$8,602 (+3.9%)
$17,344 + $73,856
$91,200
2011
$8,283 (+9.9%)
$17,344 + $73,856
$91,200
2010
$7,537
$17,344 + $73,856
$91,200
Tax history for 2016 Locust St
Year
Property tax
Land + Additions
Assessment*
2026
$19,145
$273,540 + $1,094,160
$1,367,700
2025
$19,145 (+26.2%)
$273,540 + $1,094,160
$1,367,700
2024
$15,175
$216,820 + $867,280
$1,084,100
2023
$15,175 (+26.1%)
$216,820 + $867,280
$1,084,100
2022
$12,033
$249,284 + $610,316
$859,600
2021
$12,033
$249,284 + $610,316
$859,600
2020
$12,033 (+15.0%)
$249,284 + $610,316
$859,600
2018
$10,459 (+12.3%)
$149,440 + $597,760
$747,200
2017
$9,312 (+4.5%)
$264,000 + $401,300
$665,300
2015
$8,915
$264,000 + $401,300
$665,300
2014
$8,915
$264,000 + $401,300
$665,300
2013
$8,911 (+3.6%)
$17,344 + $73,856
$91,200
2012
$8,602 (+3.9%)
$17,344 + $73,856
$91,200
2011
$8,283 (+9.9%)
$17,344 + $73,856
$91,200
2010
$7,537
$17,344 + $73,856
$91,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
4
Stories
3
Lot width
17 ft.
Lot depth
80 ft.
Lot size
1,320 Sq. Ft.
Year renovated
—
Sq. Ft.
3,071
Year built
1800
Style
Multi-Family (5+ Unit)
County
Philadelphia County
APN
082098290
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
RM-1
/CTR - RESIDENTIAL PARKING CONTROL
/CTR - LOCUST STREET
/CTR - MINIMUM BUILDING HEIGHT
/NIS
/CTR - CENTER CITY COMMERCIAL DISTRICT CONTROL
/CTR - PARKING GARAGE GROUND FLOOR USE
/CTR - CENTER CITY RESIDENTIAL DISTRICT CONTROL
Residential Multi-Family-1 District
The RM, Residential Multi-Family districts are primarily intended to accommodate moderate- to high-density, multi-unit residential buildings in areas where such development already exists or where it is desired in the future. The Zoning Code includes four RM districts. These districts are differentiated primarily on the basis of allowed minimum lot area per unit and allowed building heights.
Zone overlays
Center City Overlay - Minimum Building Height Area
Narcotics Injection Sites Overlay District
Center City Commercial District Control Area
Center City Overlay - Parking Garage Ground Floor Use Control Area
Center City Overlay District - Center City Residential District Control Area
Permitted uses
Include but are not limited to:
Assembly / meeting place
Community / recreation center
Religious facility
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Police station
Recreation-Other
Sep 14, 2018 • Final
Ep_electrl
Rewire apartments in a triplex. Upgrade the electrical service with grounding and bonding. Install a fire alarm system.
Electrical
Sep 13, 2018 • Final
Bp_alter
Perform alterations to change the occupancy of an existing building into a three-family dwelling. Install a fire sprinkler system throughout the building. No occupiable roof deck is permitted.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.