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    Legal Duplex with Private Entrances Title is generated by Realmo AI

    5415 DIAMOND Street, Philadelphia, PA 19131

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    Claim this Listing
    New
    For Sale
    $295,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,408 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $209/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 5415 DIAMOND Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    2
    Parking features
    Garage - Attached, Driveway, Off Street
    Standard status
    Active
    Size
    1,408 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2778

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Masonry
    Architectural style
    Other

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    Contact an agent
    Jennifer L Bennett

    Listing agent Jennifer L Bennett License #RM423247

    Listing office Perfect Place Real Estate Co. 514 S 52nd Street, Philadelphia, PA

    Listing date Jun 26, 2026

    MLS# PAPH2641772 Listing URL

    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.

    HighLights

    • Legal duplex with separate utilities—ideal for owner‑occupant or investment living in Wynnefield
    • First‑floor occupied 1‑bedroom unit features updated flooring, ample closets, a sunroom, and deck access with direct basement entry
    • Second‑floor 2‑bedroom unit is vacant and includes natural sunlight plus a kitchen with updated cabinets
    • Full‑sized washer and dryer in a clean, spacious basement with separate entrance and generous storage
    • Basement includes a utility closet; garage is clean and connects to a rear driveway with a dedicated parking space
    • Masonry construction and attached garage; year built 1920 with other heating

    Overview

    This legal duplex contains two residential units with separate utilities and private entrances, creating a straightforward setup for owner-occupants or rental operations. The first-floor unit is a 1-bedroom home with updated flooring, ample closet space, and a sunroom. French doors open to a sizable deck, and the layout also provides direct access to the basement.

    The second-floor unit is currently vacant and features 2 bedrooms with natural sunlight, along with a kitchen that has updated cabinet finishes and a tiled hallway. A clean, spacious basement serves both convenience and practicality, with a separate entrance, a full-size washer and dryer, generous storage space, and a utility closet.

    Parking is supported by a clean garage that connects to a rear driveway with a dedicated parking space. Additional features include a private, basement-access arrangement and in-unit laundry in the basement, which can simplify daily living for tenants. The property is described as being close to universities, parks, and transit, supporting its suitability for a range of residential tenants.

    Local 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 $36.3k $25.80
    − Vacancy −$2.0k −$1.42
    EGI $34.3k $24.38
    − OpEx −$10.3k −$7.31
    NOI $24.0k $17.06
    1,408 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $343.2K
    $300.3K – $400.5K (±1% cap)
    NOI $24,027 @ 7.0% cap · market cap 8.14%
    Second Best
    Apartment 5plus
    $316.4K
    $276.8K – $369.1K (±1% cap)
    NOI $22,147 @ 7.0% cap · market cap 7.51%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2333374
    Latitude
    39.9882584

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex offering separate utilities and two independently accessed units with outdoor and basement amenities.
    Where is this duplex located?
    The property is located at 5415 DIAMOND Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Legal duplex with separate utilities—ideal for owner‑occupant or investment living in Wynnefield; First‑floor occupied 1‑bedroom unit features updated flooring, ample closets, a sunroom, and deck access with direct basement entry; Second‑floor 2‑bedroom unit is vacant and includes natural sunlight plus a kitchen with updated cabinets
    More about this property
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