3228 W Diamond Street Philadelphia, PA $ 749,000
3228 W Diamond Street
$ 749,000
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3228 W Diamond Street

Philadelphia, PA, 19121
$ 749,000
Bedrooms-- Baths-- Sq 4,572

Monthly Estimate*

$ 4,729

3228 W Diamond Street, Philadelphia, PA 19121 - Image 1
3228 W Diamond Street, Philadelphia, PA 19121 - Image 2
3228 W Diamond Street, Philadelphia, PA 19121 - Image 3
3228 W Diamond Street, Philadelphia, PA 19121 - Image 4
3228 W Diamond Street, Philadelphia, PA 19121 - Image 5
3228 W Diamond Street, Philadelphia, PA 19121 - Image 6
3228 W Diamond Street, Philadelphia, PA 19121 - Image 7

Commercial Property for sale in Philadelphia, PA

for $749,000. This 4,572 square foot building was built in 1915 on a lot size of 0.05.

MPN Realty, Inc., is proud to present the exclusive sale of 3228 Diamond Street, a 4,572 SF multifamily property located in the Strawberry Mansion neighborhood of Philadelphia. This building consists of five (5) residential units, including three (3) 3-bedroom/1.5-bath units, one (1) 1-bedroom/1-bath unit, and one (1) bi-level studio, and is properly licensed for all five (5) units. The property was previously operated as an Airbnb, and the units feature finer finishes uncommon to the surrounding market, distinguishing the offering from comparable multifamily product in the area. One of the 3-bedroom units is currently vacant, presenting a unique opportunity for an owner-occupant, while the remaining units offer upside through future rent increases to strengthen overall NOI. Situated in a rapidly developing area with close proximity to Fairmount Park and Center City, Strawberry Mansion continues to see increased investor interest driven by strong rental demand and neighborhood growth.

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Commercial Active

Price

$ 749,000

Property Type

Commercial

Taxes

$ 1,207

Style

Apartment Building

Lot Size

0.05

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2655778

Features
Interior
Heating Fuel Other
Flooring Luxury Vinyl Tile Hardwood
Hot Water Other
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Other
Heating Other
Cooling Central A/C
Possession Negotiable
Roof Flat
Zoning RM1
Construction Materials Masonry
Year Built 1915
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Other
Municipality PHILADELPHIA
Gross Income 74043.00
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 56208.00
Operating Expense 16627.00
Insurance Expense 3700.00
New Construction N
Property Type Commercial Sale
MaintenanceExpense 4800.00
Subdivision Name STRAWBERRY MANSION
Water Access Y/N N
Status ACTIVE
Directions N/A
City PHILADELPHIA
Number Of Units Total 5
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 2192.00
Tax Annual Amount 1207.0
Electric Expense 240.00
Trash Expense 590.00
Price Per Sq Ft Total AG 163.82
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Other
Type of Parking None
Foundation Details Stone Other
Water View Y/N N
Building Area Total 4572.00
Lot Dimensions 22.00 x 98.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3228
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* Excluded Features
List By
Mallin Panchelli Nadel Realty Inc

Broker

acharen@mpnrealty.com

Email

Affordability Calculator

$4,830
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,729
Monthly Property Taxes
$101
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
8/4/2026$749,000 Listed Price

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3228 W Diamond Street, Philadelphia, PA, 19121 is a Commercial Property for sale at $749,000 with 4,572 sqft and a lot size of 0.05. 3228 W Diamond Street was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA