8-Unit Multifamily
For Sale
$1,649,900
151618 DIAMOND STREET, Philadelphia, PA 19121
Package includes two neighboring buildings with eight total units and a mix of 3- and 4-bedroom layouts.
Property SizeContact for details
Days on Market46
Property Features for 151618 DIAMOND STREET
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$10,137
Amenities
Central Air
3
Parking.
On Street.
Building Details
Year Built
2013
Listing Agency:
Engel & Volkers
(215) 834-5963
Listed By:
Logan Rothman · License #RS373523
(215) 834-5963
Source:
Xome
Added: Jun 30
Changed: Aug 12
Last Checked: Aug 14 at 4:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Volkers
Investment Insights
Based on property information with market context.
Two neighboring multifamily buildings are offered together as a package: 1516 and 1518 Diamond Street. The combined offering totals 8 units, with a unit mix that includes two 3-bedroom/1-bath units, two 3-bedroom/2-bath units, and four 4-bedroom/2-bath units.
The properties are positioned in a strong rental corridor in North Philadelphia, just moments from Temple University, with access to Broad Street, public transportation, and everyday neighborhood conveniences.
For tenants seeking larger shared living spaces, the bedroom count and layout variety are designed to support student and off-campus renter demand, while the overall scale of the combined buildings provides straightforward functionality for long-term ownership.
The properties are positioned in a strong rental corridor in North Philadelphia, just moments from Temple University, with access to Broad Street, public transportation, and everyday neighborhood conveniences.
For tenants seeking larger shared living spaces, the bedroom count and layout variety are designed to support student and off-campus renter demand, while the overall scale of the combined buildings provides straightforward functionality for long-term ownership.
Key Highlights
- Package includes two neighboring buildings at 1516 & 1518 Diamond Street.
- 8 total units with a mix of two 3BR/1BA units, two 3BR/2BA units, and four 4BR/2BA units.
- Central air provided; heating is listed as 3.
Property Analytics
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
903
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Package includes two neighboring buildings with eight total units and a mix of 3- and 4-bedroom layouts.
Where is this apartment building located?
The property is located at 151618 DIAMOND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,649,900.
What are key features of this property?
This property features: Package includes two neighboring buildings at 1516 & 1518 Diamond Street.; 8 total units with a mix of two 3BR/1BA units, two 3BR/2BA units, and four 4BR/2BA units.; Central air provided; heating is listed as 3.
