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
Bedrooms-- Baths-- Sq 4,128

Monthly Estimate*

$ 4,104

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Commercial Property for sale in Philadelphia, PA

for $649,900. This 4,128 square foot building 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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Commercial Active

Price

$ 649,900

Property Type

Commercial

Taxes

$ 7,550

Style

Apartment Building

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2639518

Features
Interior
Heating Fuel Electric
Hot Water 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Negotiable
Zoning RM1
Construction Materials Masonry
Year Built 1915
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 60300.00
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 45255.00
New Construction N
Property Type Commercial Sale
Subdivision Name TEMPLE UNIVERSITY
Water Access Y/N N
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
Price Per Sq Ft Total AG 157.44
Historic Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 114
Total Actual Rent 60300.00
Cap Rate 7.50
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 4128.00
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

$4,733
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$629
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2026$649,900 Listed Price

Map


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1627 W Diamond Street, Philadelphia, PA, 19121 is a Commercial Property for sale at $649,900 with 4,128 sqft and a lot size of 0.04. 1627 W Diamond Street was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA