8-Unit Apartment Building
For Sale
$1,499,000
1516-18 W DIAMOND STREET, Philadelphia, PA 19121
PHILADELPHIA, PA
Property SizeContact for details
Days on Market59
Property Features for 1516-18 W DIAMOND STREET
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
TEMPLE UNIVERSITY
Standard status
Active
Building Details
Year built
2013
Listing Agency:
Engel & Volkers Philadelphia · Engel & Völkers
(215) 383-3303
Listed By:
Logan Rothman
Added: Aug 26
Changed: Oct 10
Last Checked: Oct 23 at 2:06PM
MLS# PAPH2645238
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This apartment package combines 1516 and 1518 Diamond Street, two neighboring properties totaling 8 units. The unit mix includes two 3-bedroom/1-bath units, two 3-bedroom/2-bath units, and four 4-bedroom/2-bath units, providing multiple larger-format layouts for shared occupancy. Both properties were built in 2013.
The portfolio is located in North Philadelphia near Temple University, with access to Broad Street, public transportation, neighborhood dining, and everyday conveniences. Its proximity to the university and the concentration of larger bedroom configurations support student-oriented rental use. The properties may also be acquired with nearby 1726 Arlington Street as part of a 10-unit portfolio.
The portfolio is located in North Philadelphia near Temple University, with access to Broad Street, public transportation, neighborhood dining, and everyday conveniences. Its proximity to the university and the concentration of larger bedroom configurations support student-oriented rental use. The properties may also be acquired with nearby 1726 Arlington Street as part of a 10-unit portfolio.
Key Highlights
- 8 total units across 1516 and 1518 Diamond Street
- Unit mix includes two 3‑bedroom/1‑bath, two 3‑bedroom/2‑bath, and four 4‑bedroom/2‑bath units
- Two neighboring apartment properties built in 2013
Property Analytics
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,067
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Neighboring properties feature larger-bedroom layouts suited to shared living and student-oriented rental use.
Where is this apartment building located?
The property is located at 1516-18 W DIAMOND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 8 total units across 1516 and 1518 Diamond Street; Unit mix includes two 3‑bedroom/1‑bath, two 3‑bedroom/2‑bath, and four 4‑bedroom/2‑bath units; Two neighboring apartment properties built in 2013
