2845 W Diamond Street
Philadelphia, PA, 19121 $ 1,195,900
Bedrooms-- Baths-- Sq 4,896 Monthly Estimate*
$ 7,363
for $1,195,900. This 4,896 square foot building was built in 2022 on a lot size of 0.03.
Location Location Location! At the intersection of Strawberry Mansion and Brewerytown, 2845 West Diamond Street is a meticulously upgraded 2022 mixed use masterpiece. This fully stabilized corner property, comprising 3 luxury residential units & 1 prime bi-level commercial anchor delivers exceptional positive cash flow while offering a level of build quality rarely seen in new construction these days. Approved 10 Year Tax Abatement & designed for the long term owner, the building features open cell foam insulation in the walls for superior soundproofing and climate control thermal insulation, while the roof is sealed with premium closed cell foam to heighten the energy efficiency. The commercial spaces are equally thoughtful with dedicated ERV (energy recovery ventilation) systems for high quality air exchange. A handicap accessible ramp for the primary space and a dedicated separate entrance (for the secondary unit) ensures a professional and versatile environment for the top tier commercial tenants. Management is made effortless through a suite of modern technologies including a comprehensive network of remotely accessible security cameras covering the exterior and commercial interiors. This high performance infrastructure translates to lower operating expenses and high tenant satisfaction. Residential tenants enjoy luxury finishes like quartz countertops, stainless steel appliances, in unit laundry, hardwood floors, tiled bathrooms & private / massive roof deck. All of this within a smart building designed for long term investment & security. The immediate area is a playground for outdoor enthusiasts featuring the Strawberry Mansion Driving Range, Smith Memorial Playground, Boxers Trail and the historic Dell Music Center, a premier open-air amphitheater known for its legendary summer concert series. Beyond the local flavor, this building's connectivity is unmatched. It is located less than two miles from Temple University Main Campus and University City, home to Drexel and UPenn. Commuters will find 30th Street Station just a short 10 minute drive away, providing seamless access to Amtrak and Regional Rail, while the nearby Schuylkill Expressway makes travel to the Main Line and Western Suburbs incredibly convenient. The location serves as a gateway to the best of Philadelphia natural and metropolitan amenities as well. Residents are blocks away from the 2,000 acre Fairmount Park with the scenic waterfront of Kelly Drive just moments away, a world class recreational loop for rowing, jogging, and cycling that connects directly to the Schuylkill River Trail (SRT) connecting the City of Philadelphia from South Street / University City (UPenn, CHOP, Drexel, 30th St Station) to Boathouse Row & the Philadelphia Museum of Art (1.2 miles) to East Falls (5.2 miles) & Manyunk, to Valley Forge National Park (26 miles), to Redding (60 miles) and beyond to Pottsville PA with a total of 120 miles of trails.This is a rare turnkey opportunity to own a meticulously maintained, highly upgraded asset in the city most sought after expansion corridor making this a high performance asset and future proof investment in Philadelphia most connected hub.
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FeaturesInteriorHeating Fuel Electric
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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GeneralSewer Public Septic
Heating Wall Unit
Cooling Wall Unit
Possession Immediate
Zoning CMX1
Security Features Intercom
Construction Materials Other
Year Built 2022
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility Other
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name BREWERYTOWN
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Number Of Units Total 4
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1224.00
Tax Annual Amount 78.0
Price Per Sq Ft Total AG 244.26
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 221
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ExteriorWater Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 4896.00
Lot Dimensions 17.00 x 72.00
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 5600.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Main LineBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,363
- Monthly Property Taxes
- $7
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $1,150,393
Percent of Sale Price 4%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/23/2026 | $1,195,900 | | Listed Price |