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1542 Diamond StreetPhiladelphia, PA 19121

For Sale

$450,000

Smart Buyer Rebate $4,500

Bring your vision to this spacious three-story mixed-use property near Temple University. Offering more than 3,500 square feet, the building features two first-floor commercial spaces and separately metered residential space above. One storefront includes a working commercial kitchen and hood, while the second requires renovation and offers endless possibilities for your business concept. The updated second floor features three bedrooms and two bathrooms. The unfinished third floor provides additional value-add potential and may offer possibilities for studio units or another configuration, subject to city approval. This CMX-1 property is an exciting opportunity for an investor or owner-operator. Sold in as-is condition. Buyer must independently verify zoning, permitted uses, licenses, unit count, dimensions, permits, development potential, and historic-registry status. SOLD AS IS CONDITION

Listed by Sundy Y Sokun

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License #RS379541

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Realty One Group Restore

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2156673250

Last updated August 23, 2026

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Source: BrightMLS #PAPH2662886

Listing Facts

  • TypeMulti-family
  • NeighborhoodDiamond Street
  • Days on Prevu23
  • Taxes$4,389/year
  • Size3,400 sqft
  • Price per sqft$132

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

08/23/2026
Listed by Realty One Group Restore
$450,000
  1. 08/23/2026$450,000
    Listed by Realty One Group Restore

Property Details for 1542 Diamond Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1915
  • Architectural Style: Straight Thru
  • Construction Materials: Brick, Masonry, Other

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.04
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1,742
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $4,389.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: No
  • Spa: No

Measurements

  • Living Area: 3,400
  • Living Area Source: Estimated

Rooms

  • Basement: Unfinished
  • Has Basement: Yes
  • Rooms Total: 3

Other

General

  • Exclusions: Personal Items

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Other Equipment: Negotiable
  • 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 1542 Diamond Street.

What are the annual taxes for 1542 Diamond Street?

Annual taxes for this multi-family home are estimated at $4,389.

How does 1542 Diamond Street compare to other multi-family homes in Diamond Street?

This multi-family home is listed 32% below the average price for multi-family homes in Diamond Street and has been on the market for 106 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 3,400 sqft.

1542 Diamond Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19121. Available on Prevu for 23 days at $450,000. This residence features 3,400 square feet of living space, located in Diamond Street. The median listing price for multi-family homes in this area is $464,950. Property amenities include parking. Explore more multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

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.