Stop wasting time and money on fixer-uppers or chasing tenants—this fully occupied triplex, recently partially converted into a quadraplex, delivers instant cash flow and low-risk upside. Unit 1 is leased for $1,395/mo through 4/30/2026, Unit 2 for $1,345/mo through 2/28/2026, and Unit 3 for $1,300/mo through 6/30/2026, providing stable, fair market rental income. The property sits less than half a mile from Temple University, ensuring a consistent pool of renters for years to come. The basement of this RM-1 property has been fully framed with multiple egresses to create a potential fourth 2-bedroom, 1-bath unit, projecting an additional $1,200–$1,400/mo in rent once completed—perfect for investors looking to maximize ROI or a house-hacker to occupy one unit while leveraging the others to cover the mortgage. Move-in ready and fully leased, there are no costly holding periods or tenant headaches. Combining solid income with scalable upside in a high-demand rental corridor near one of Philly’s most consistent student markets, this $715,000 opportunity is ideal for expanding a portfolio or starting your first investment with instant earning potential. The heavy lifting is already done—schedule your showing today.
Listed by Alec Conar DeLuca
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License #RS363256
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Keller Williams Main Line
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2157096022
Last updated August 27, 2025
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Source: BrightMLS #PAPH2530916
Listing Facts
TypeMulti-family
NeighborhoodDiamond Street
Days on Prevu10
Taxes$7,320/year
Size3,315 sqft
Price per sqft$216
Location
Mortgage Calculator
Listing History
08/27/2025
Listed by Keller Williams Main Line
$715,000
Property Details for 1900 W Diamond Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Year Built: 1915
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.03
Lot Size Dimensions: 18
Lot Size Source: Assessor
Lot Size Square Feet: 1,482
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $7,320.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 3,315
Living Area Source: Assessor
Rooms
Basement: Unfinished
Has Basement: Yes
Other
General
Exclusions: All personal property.
Location
Tax Lot: 265
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Heat Pump(s)
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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