1516-18 West Diamond Street Philadelphia, PA 19121

$1,649,900
0.04
Acres
7,884
SQFT
209
$/SQFT
$1,649,900
7,884   sf
$209 / sf
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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.

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.

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19121
  • Tax Amount
    $10,137
  • Status
    Active
  • Listing #
    PAPH2646578
  • Built
    2013
  • Lot Size
    0.04
  • Listed on site
    24 days
  • Listing Agent Id
    1700002086840
  • Co Listing Agent Id
    1700004745826

Listed by:
Engel & Volkers

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Style

  • Traditional
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