1939 W Diamond St, Philadelphia, PA 19121
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
1939 W Diamond St,Philadelphia, PA 19121
$499,900
- 9 Beds
- - Baths
- 5,999 sq. ft.
- Multi-family
- Active
Listed by:stacy l sanseverino
Office:kw empower
MLS#:PAPH2426256
Source:BRIGHTMLS
Price summary
- Price:$499,900
- Price per sq. ft.:$83.33
About this home
ASK ME ABOUT A CONVENTIONAL-LIKE LOAN FOR THIS UNCONVENTIONAL PROPERTY! Own a piece of Philadelphia’s history AND earn instant equity when you buy this quadplex just 6 blocks from Temple University. Rent the units out, and now you have cash flow! Unit 1 is a 3 bed/1.5 bath, bi-level unit. Unit 2 is a 2 bed/2 bath unit. Unit 3 is a 3 bed/3 bath unit with the most amazing panoramic view from the 4th story. Unit 4 is a converted garage to the rear and has 1 bed/1 bath. Projected total rents are $7,500 per month. Unit 1- the commercial or 3 bed/1.5 bath unit- is projected at $2,250. The 1 bedroom is projected at $1,250. The 2 bedroom is projected at $1,750. And the 3 bed/3 bath unit is projected at $2,250. Beautifully renovated and 90% of the way to get the Certificate of Occupancy. The seller was quoted $15,000 to install the water and gas lines to the property and $30,000 to install the sprinkler system. The 1st floor is zoned for commercial use and would require a $20,000 chair lift to meet code, OR if you prefer to get a variance to use the building 100% residentially after closing, you can pocket the difference. There are just a few other touches needed to rent the units, including installing electric meters and some appliances. The 2022 Appraisal gives a $1,150,000 valuation after the building is complete and $625,000 As-Is. This property is truly a must-see.
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Home facts
- Year built:1915
- Listing ID #:PAPH2426256
- Added:306 day(s) ago
- Updated:October 15, 2025 at 01:33 PM
Rooms and interior
- Bedrooms:9
- Living area:5,999 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Forced Air, Natural Gas
Structure and exterior
- Year built:1915
- Building area:5,999 sq. ft.
- Lot area:0.04 Acres
Schools
- High school:MASTERY CHARTER SCHOOL AT GRATZ
- Middle school:TANNER DUCKREY
- Elementary school:DUCKREY TANNER
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$83.33
- Tax amount:$6,451 (2025)
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