1627 W Diamond St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:ERA Valley Realty
1627 W Diamond St,Philadelphia, PA 19121
$556,000
  • 6 Beds
  • - Baths
  • 4,128 sq. ft.
  • Multi-family
  • Active
Listed by: danielle redenbaugh
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2665128
Source:BRIGHTMLS

Price summary

  • Price:$556,000
  • Price per sq. ft.:$134.69

About this home

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional triplex offers immediate cash flow and strong long-term upside. The property is currently generating $51,300 in annual gross rental income, with meaningful upside on Unit 1 upon lease turnover — this income-producing asset is an outstanding opportunity for investors seeking a stable base of cash flow plus a clear path to increased returns. 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 — Currently rented at $1,350/month (historically rented at $2,600/month — significant upside potential upon lease renewal) Unit 2: 3 Bed / 3 Bath — Rented at $1,350/month Unit 3: 3 Bed / 3 Bath — Rented at $1,575/month This property...

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Home facts

  • Year built:2015
  • Subdivision & Development:TEMPLE UNIVERSITY
  • Listing ID #:PAPH2665128
  • Added:7 day(s) ago
  • Updated:September 28, 2026 at 01:56 PM

Rooms and interior

  • Bedrooms:6
  • Living area:4,128 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Heat Pump(s)

Structure and exterior

  • Year built:2015
  • Building area:4,128 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$556,000
  • Price per sq. ft.:$134.69
  • Tax amount:$7,550 (2026)

Parking

  • Parking description:On Street

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