5415 DIAMOND Street, Philadelphia, PA 19131
MULTI_FAMILY - Other - PHILADELPHIA, PA
- 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
Listing agent Jennifer L Bennett License #RM423247 (267) 992-6262
Listing office Perfect Place Real Estate Co. 514 S 52nd Street, Philadelphia, PA (215) 921-9053
Listing date Jun 26, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2333374
- Latitude
- 39.9882584