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1516-18 W Diamond Street
Philadelphia, PA 19121

$1,499,900 - Status: ACTIVE
SQFT: 7,884
MLS# PAPH2646578

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.

Property Features

MLS#: PAPH2646578
Zip: 19121
Subdivision: Temple University
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 4
Cooling: Central A/C
Days on Site: 122
Fuel Type: Natural Gas
Heating: Central
Home Style: Traditional, Straight Thru
Lot Size: 0.04 acres
Taxes: $10,137
Year Built: 2013

Feature Descriptions

Additional Structures: Above Grade
Exterior: Masonry
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 4
Units: 4
Water: Public

Local Schools

School District: PHILADELPHIA CITY

1516-18 W Diamond Street | MLS# PAPH2646578

This multi-family property located at 1516-18 W Diamond Street, Philadelphia, PA 19121 is currently listed for sale with an asking price of $1,499,900. 1516-18 W Diamond Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on mmooney.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Engel & Volkers
Agency Phone: 2153833303

Shown By

Agent Name: Mary Mooney
Agent Phone: (570) 479-0302
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Mary Mooney (570) 479-0302 marymooney6@outlook.com

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Estimated Payment

$ 9,823.45 per month $8,541.23 Principal & Interest $844.75 Property Tax $437.47 Homeowner's Insurance

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