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    1935-37 W Diamond St Philadelphia, PA 19121

    For Sale
    $650,000

    LAND - PHILADELPHIA, PA

    Lot size:
    0.04 Acres
    Days on Market:
    95
    Last Refresh:
    Dec 8 at 5:06 pm

    Property Features for 1935-37 W Diamond St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.04 Acres

    Rent Scene (267) 463-2428 [email protected]

    Listing agent Marvis Burns (267) 368-7260 License #RS323408

    Listing date Sep 5, 2025

    Copyright © 2025 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.

    Overview

    Development Opportunity Near Temple University

    Located in North Philadelphia, this dual-parcel property presents a development opportunity with flexible building options. The combined lot size is approximately 3,282 square feet. Developers can choose to construct two separate four-story buildings, each containing four units with four bedrooms per unit, resulting in a total of eight units and 32 bedrooms across the site. Alternatively, a single, four-story building with eight units, each featuring four bedrooms, can be developed, providing a total of 32 beds under one roof. Both options are designed to maximize the allowable building footprint and rental potential. The property is suitable for student housing, shared living arrangements, or accommodations for families. The location is near Temple University, public transportation, and major access routes, placing it within an active redevelopment zone. The surrounding area features ongoing new construction and renovations, with rising rental demand. This project is positioned for long-term success in a thriving Philadelphia neighborhood.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.16579
    Latitude
    39.98615

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    FAQs

    What type of property is this?
    Apartment building - Dual-parcel land near Temple University, Philadelphia, ideal for residential development.
    Where is this apartment building located?
    The property is located at 1935-37 W Diamond St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime development opportunity in North Philadelphia with flexible building configurations.; - Dual-parcel property with a combined lot size of approximately 3,282 square feet.; - Two by-right development options: **two separate four-story buildings (4 units each) or one four-story building (8 units).**
    (267) 368-7260
    Request Owner's contact information
    1935-37 W Diamond St Philadelphia, PA 19121
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    Philadelphia, PA 19121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1935-37 W Diamond St Philadelphia, PA 19121
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