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1516-18 W Diamond StreetPhiladelphia, PA 19121

For Sale

$1,649,900

Smart Buyer Rebate $16,499

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.

Listed by Logan Rothman

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License #RS373523

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Engel & Volkers

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2158345963

Last updated July 13, 2026

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Source: BrightMLS #PAPH2646578

Listing Facts

  • TypeMulti-family
  • NeighborhoodDiamond Street
  • Days on Prevu22
  • Taxes$10,137/year
  • Size7,884 sqft
  • Price per sqft$209

Location

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Listing History

07/10/2026
Listed by Engel & Volkers
$1,649,900

Property Details for 1516-18 W Diamond Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 2013
  • Architectural Style: Traditional, Straight Thru
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.04
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1,800
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $10,137.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 7,884
  • Living Area Source: Estimated

Other

General

  • Exclusions: Tenant's Personal Effects

Location

  • Subdivision Name: TEMPLE UNIVERSITY
  • Tax Lot: 189

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1516-18 W Diamond Street.

What are the annual taxes for 1516-18 W Diamond Street?

Annual taxes for this multi-family home are estimated at $10,137.

How does 1516-18 W Diamond Street compare to other multi-family homes in Diamond Street?

This multi-family home is listed 150% above the average price for multi-family homes in Diamond Street and has been on the market for 107 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,884 sqft.

1516-18 W Diamond Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19121. On Prevu for 22 days at $1,649,900. This home features 7,884 square feet of living space, located in Diamond Street. The median listing price for multi-family homes in this area is $464,950. Explore more multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.