Turnkey Temple Area
1913 W DIAMOND Street Philadelphia, PA 19121
For Sale
$549,900
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,895 SF
Lot Size0.04 Acres
Price / SF$189.95
Days on Market218
Property Features for 1913 W DIAMOND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,895 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4627
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Masonry
Listing Agency:
Keller Williams Realty - Moorestown
(856) 316-1100
Listed By:
Kennisha Pressley-Smith · License #RS345421
(609) 389-9345
Added: Dec 19, 2025
Changed: Jul 9
Last Checked: Jul 25 at 5:06AM
MLS# PAPH2567006
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a fully renovated and occupied triplex located in the Temple University/Brewerytown area. The property features three spacious units, each with separate utilities and modern finishes. Each unit includes a bright, open layout, wood cabinetry kitchens, updated full bathrooms, new flooring, fresh paint, and recessed lighting. The property is professionally managed and producing cash flow. Additional features include basement laundry and separate utilities. The property is located minutes from Center City, public transportation, major highways, bridges, shopping, and Temple University. The lot size is 0.0371 acres, and the property size is 2895 square feet.
Key Highlights
- Fully renovated and 100% occupied triplex in a desirable location near Temple University/Brewerytown.
- Turnkey investment with positive cash flow and professional management.
- Each unit features separate utilities, modern finishes, new kitchens and updated bathrooms.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.7k | $25.80 |
| − Vacancy | −$4.1k | −$1.42 |
| EGI | $70.6k | $24.38 |
| − OpEx | −$21.2k | −$7.31 |
| NOI | $49.4k | $17.06 |
2,895 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$705.8K
$617.5K – $823.4K
NOI $49,403 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$650.5K
$569.2K – $759.0K
NOI $45,537 @ 7.0% cap · market cap 8.28%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Fully occupied, cash-flowing triplex near Temple University.
Where is this triplex located?
The property is located at 1913 W DIAMOND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Fully renovated and 100% occupied triplex in a desirable location near Temple University/Brewerytown.; Turnkey investment with positive cash flow and professional management.; Each unit features separate utilities, modern finishes, new kitchens and updated bathrooms.
