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1627 W DIAMOND STREETPHILADELPHIA, PA 19121

Multi-Family · 4,128 Sq. ft. | 0.04 Acres
$649,900 ACTIVE

1627 W DIAMOND STREET Overview

Time on Site:
9 days
Visits:
3

Investor Alert! 24-hour notice required for all showings. Fully occupied, this exceptional triplex offers immediate cash flow and strong long-term upside. Currently generating $60,300 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow. Completely gutted and renovated in 2015, the property benefits from modern infrastructure and finishes. The 1:1 bedroom-to-bathroom ratio aligns with current student housing demand trends, helping to ensure future rentability and maintain competitive occupancy levels. Unit 1: 5 bed 5.5 bath Rented at $2625'¨Unit 2: 3 bed / 3 bath Rented at $1350 Unit 3 3 bed / 3 bath Rented at $1575 This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300 and PAPH2639390

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1627 W DIAMOND STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,128
  • Price/Sq.ft. $157
  • Lot 0.04 Acres

Details

General

Income/Expenses

  • Gross Income: 60300.00
  • Net Operating Income: 45255.00

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 4128
  • Year Built: 1915

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19121 (19121)
  • Subdivision Name: TEMPLE UNIVERSITY

Parking Information

  • Type of Parking: On Street

Tax Information

  • County Tax Payment Frequency: Annually
  • School Tax: 4228.00
  • Tax Annual Amount: $7,550.00
  • Tax Assessed Value: 539400.00
  • Tax Year: 2026

General Information

  • Historic: Yes
  • Property Sub Type: Triplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Zoning: RM1

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Interior Row/Townhouse

Building Interior

  • Above Grade Finished Area: 4128
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: 60+ Gallon Tank

General Information

  • Accessibility Features: None
  • Cooling: Central A/C
  • Foundation Details: Brick/Mortar
  • Living Area: 4128
  • Living Area Source: Estimated

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 2
  • Two Bedroom Units Count: 0

Exterior

Lot Information

  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1742.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Masonry

General Information

  • Number Of Units Total: 3
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 5

Unit 2 Details

  • Unit Type: Unit 1
  • Beds Total: 3

Unit 3 Details

  • Unit Type: Unit 1
  • Beds Total: 3

1627 W DIAMOND STREET Neighborhood

Community

19121 (PHILADELPHIA) Demographics

27
Median Age
13,508
Population Density (per sq. mile)
22%
College Educated
$25,162
Estimated Median Income
4,095
Estimated Total Home Owners
8,067
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1627 W DIAMOND STREET Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1627 W DIAMOND STREET Market Data

Based on the last 30 days in this zip code

$278,030
Average List Price
$182
Average Price per Square Foot
19
Properties Sold
92
Average Days on Market
294
Properties for Sale
Calculations provided by Reliance Network

1627 W DIAMOND STREET History

Date Event Value Agent
6/21/2026Source: BRIGHT MLS Added to Database
June 21, 2026
6/21/2026Source: BRIGHT MLS Added to Database
June 21, 2026
Listing provided courtesy of Keller Williams Realty Devon-Wayne- MLS# PAPH2639516MLS ProviderContact Information: [email protected] - 6106478300