Rebuilt Four-Unit Apartment
1631 W DIAMOND STREET, Philadelphia, PA 19121
For Sale
$547,900
Updated multifamily property near Temple University with shared outdoor amenities and in-unit laundry.
Property Size4,002 SF
Price / SF$136.91
Days on Market54
Property Features for 1631 W DIAMOND STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
BHHS Fox & Roach-Center City Walnut
(215) 627-6005
Listed By:
Danielle Redenbaugh · License PA RS371661
(267) 614-3971
Source:
Cummingsrealtors
Added: Sep 20
Changed: Nov 10
Last Checked: Nov 12 at 7:42AM
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 BHHS Fox & Roach-Center City Walnut
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Investment Insights
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Originally constructed in 1915, this 4,002-square-foot quadplex was taken to the studs and rebuilt in 2018. The property contains four apartments with a combined 11 bedrooms and 9 bathrooms, along with a shared roof deck and patio. Interiors feature hardwood flooring, central air, quartz countertops, shaker-style cabinets, stainless steel appliances, spa-style shower panels, and a washer and dryer in each unit.
The building is located at 1631 W Diamond Street in Philadelphia, a short walk from Temple University's Main Campus and within the Temple University Police patrol zone. Tenants are responsible for water, electric, and Wi-Fi. A tax abatement associated with the 2018 rehabilitation remains in place, with its applicable term to be confirmed with the City. Unit plans and the owner's operating statement are available to qualified buyers.
The building is located at 1631 W Diamond Street in Philadelphia, a short walk from Temple University's Main Campus and within the Temple University Police patrol zone. Tenants are responsible for water, electric, and Wi-Fi. A tax abatement associated with the 2018 rehabilitation remains in place, with its applicable term to be confirmed with the City. Unit plans and the owner's operating statement are available to qualified buyers.
Key Highlights
- 4,002 SF quadplex rebuilt in 2018 after being taken to the studs
- Four apartments with 11 bedrooms and 9 bathrooms
- Shared roof deck and patio
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,067
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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
$250,100
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Philadelphia, PA
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Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Updated multifamily property near Temple University with shared outdoor amenities and in-unit laundry.
Where is this quadplex located?
The property is located at 1631 W DIAMOND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $547,900.
What are key features of this property?
This property features: 4,002 SF quadplex rebuilt in 2018 after being taken to the studs; Four apartments with 11 bedrooms and 9 bathrooms; Shared roof deck and patio
