1627 W Diamond Street Philadelphia, PA $ 649,900
1627 W Diamond Street
$ 649,900
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1627 W Diamond Street

Philadelphia, PA, 19121
$ 649,900
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,002

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Multi-Family Home for sale in Philadelphia, PA

for $649,900 with 6 bedrooms. This home was built in 1915 on a lot size of 0.04.

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 $2625Unit 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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Multi-Family Active

Price

$ 649,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 7,550

Style

Traditional

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2639516

Features
General
Living Area 4128
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Negotiable
Zoning RM1
Architectural Style Traditional
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1915
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 60300.00
Accessibility None
County PHILADELPHIA
Net Operating Income 45255.00
New Construction N
Property Type Multi-Family
Subdivision Name TEMPLE UNIVERSITY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Tax Annual Amount 7550.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 157.44
Historic Y/N Y
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 114
Total Actual Rent 60300.00
Cap Rate 7.00
Association Recreation Fee N
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Interior
Heating Fuel Electric
Hot Water 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 107800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1627
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* Excluded Features
List By
Keller Williams Realty Devon-Wayne

Broker

mikecolemanrealestate@gmail.com

Email

Affordability Calculator

$4,631
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$629
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.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2026$649,900 Listed Price

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1627 W Diamond Street, Philadelphia, PA, 19121 is a Multi-Family Home for sale at $649,900 with a lot size of 0.04. 1627 W Diamond Street has 6 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA