Traditional, Straight Thru
1516-18 W DIAMOND STREET
PHILADELPHIA, PA 19121
MLS#: PAPH2646578
$1,649,900
Property
Beds
12
Full Baths
None
1/2 Baths
None
Year Built
2013
Sq.Footage
7,884
Exceptional opportunity to acquire 1516 & 1518 Diamond Street as a package in one of North Philadelphia’s strongest rental corridors, just moments from Temple University. Together, these neighboring properties offer 8 total units with an attractive unit mix of two 3-bedroom/1-bath units, two 3-bedroom/2-bath units, and four 4-bedroom/2-bath units, creating strong appeal for student and off-campus renters seeking larger shared living spaces in a prime location. Positioned in a high-demand area with consistent rental activity, this portfolio offers scale, functionality, and long-term upside for investors looking to expand near Temple’s campus. The larger bedroom counts and versatile layouts are well-suited for the student housing market, while the properties’ proximity to Temple University, Broad Street, public transportation, neighborhood dining, and everyday conveniences further enhances tenant demand. Whether you’re adding to an existing portfolio or looking to establish a presence in one of Philadelphia’s most active investment submarkets, 1516 and 1518 Diamond Street present a compelling package opportunity with strong rental appeal, an ideal unit mix, and a location that continues to attract student renters year after year. For investors seeking greater scale, this package may also be purchased together with nearby 1726 Arlington Street, creating a larger 10-unit portfolio opportunity in the heart of Temple University's rental market.
Features & Amenities
Interior
-
Total Bedrooms
12
-
Bathrooms
N/A
-
Above Grade Finished Area
7884.0
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Lot Size(square feet)
1,800
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Traditional, Straight Thru
Price
-
Sales Price
$1,649,900
-
Tax Amount
$10,137
-
Sq. Footage
7,884
-
Price/SqFt
$209
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
189
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Logan Rothman , Engel & Volkers
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