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1627 W Diamond Street, Philadelphia PA 19121
1627 W Diamond Street, Philadelphia PA 19121
Pennsylvania>Philadelphia>Diamond Street

1627 W Diamond StreetPhiladelphia, PA 19121

For Sale

$649,900

Smart Buyer Rebate $6,499

Investor Alert! 24-hour notice required for all showings. Fully occupied, this exceptional triplex offers immediate cash flow and strong long-term upside.

Currently generating $60,300 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow.

Completely gutted and renovated in 2015, the property benefits from modern infrastructure and finishes. The 1:1 bedroom-to-bathroom ratio aligns with current student housing demand trends, helping to ensure future rentability and maintain competitive occupancy levels.

Unit 1: 5 bed 5.5 bath Rented at $2625
Unit 2: 3 bed / 3 bath Rented at $1350
Unit 3 3 bed / 3 bath Rented at $1575

This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300 and PAPH2639390

Listed by Michael Coleman

·

Keller Williams Realty Devon-Wayne

·

4849426266

Last updated June 21, 2026

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Source: BrightMLS #PAPH2639516

Listing Facts

  • TypeMulti-family
  • NeighborhoodDiamond Street
  • Days on Prevu41
  • Taxes$7,550/year
  • Size4,128 sqft
  • Price per sqft$157

Location

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Listing History

06/21/2026
Listed by Keller Williams Realty Devon-Wayne
$649,900

Property Details for 1627 W Diamond Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1915
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below 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

Residential Income

  • Cap Rate: 7.0
  • Gross Income: $60,300.00

Taxes

  • Tax Annual Amount: $7,550.00
  • Tax Year: 2026

Interior

Measurements

  • Living Area: 4,128
  • Living Area Source: Estimated

Other

Location

  • Subdivision Name: TEMPLE UNIVERSITY
  • Tax Lot: 114

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Heat Pump(s)
  • 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 1627 W Diamond Street.

What are the annual taxes for 1627 W Diamond Street?

Annual taxes for this multi-family home are estimated at $7,550.

How does 1627 W Diamond Street compare to other multi-family homes in Diamond Street?

This multi-family home is listed 1% below the average price for multi-family homes in Diamond Street and has been on the market for 88 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 4,128 sqft.

1627 W Diamond Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19121. Available on Prevu for 41 days at $649,900. This home features 4,128 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.

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.