Updated
For Sale
$549,900
1913 W DIAMOND Street, Philadelphia, PA 19121
Multi-Family, PHILADELPHIA, PA
Property Size2,895 SF
Lot Size0.04 Acres
Price / SF$189.95
Days on Market307
Property Features for 1913 W DIAMOND Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
2,895 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
4627
Utilities
Heating system
Baseboard, Electric (Heating)
Amenities
basement laundry
Building Details
Year built
1915
Number of units
3
Building materials
Masonry
Listing Agency:
Keller Williams Realty - Moorestown
(856) 316-1100
Listed By:
Kennisha Pressley-Smith · License #RS345421
(609) 389-9345
Added: Dec 19, 2025
Changed: Oct 8
Last Checked: Oct 22 at 11:06PM
MLS# PAPH2567006
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.
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Investment Insights
Based on property information with market context.
This 2,895-square-foot masonry triplex, built in 1915, contains three occupied residential units. Each unit has separate utilities and updated interior finishes, including wood cabinetry, full bathrooms, new flooring, fresh paint, recessed lighting, and open living areas. Basement laundry adds shared service space, while on-street parking is available.
The property is positioned on W Diamond Street in Philadelphia’s Temple University and Brewerytown corridor, with access to public transportation, major highways, bridges, shopping, and Center City. Professional management is in place, and the building is reported to be 100% occupied.
The property is positioned on W Diamond Street in Philadelphia’s Temple University and Brewerytown corridor, with access to public transportation, major highways, bridges, shopping, and Center City. Professional management is in place, and the building is reported to be 100% occupied.
Key Highlights
- 2,895‑square‑foot triplex with three occupied units
- Built in 1915 with masonry construction
- Each unit has separate utilities and updated interior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,403
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,060
$988.1K
Cap Rate 7%
$705,757
$705.8K
Cap Rate 9%
$548,922
$548.9K
Market Conditions
NOI Build-Up for 2,895 SF
Gross rent
$74.7K $25.80/SF
− Vacancy
−$4.1K −$1.42/SF
EGI
$70.6K $24.38/SF
− OpEx
−$21.2K −$7.31/SF
NOI
$49.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,060
Cap Rate 7%
$705,757
Cap Rate 9%
$548,922
Alternative Uses
Best Use
Multifamily LT 5
$705.8K
$617.5K – $823.4K
NOI $49,403 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$650.5K
$569.2K – $759.0K
NOI $45,537 @ 7.0% cap · market cap 8.28%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,912
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?
Triplex - Three-unit residential property with renovated interiors, separate utilities, and basement laundry.
Where is this triplex located?
The property is located at 1913 W DIAMOND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 2,895‑square‑foot triplex with three occupied units; Built in 1915 with masonry construction; Each unit has separate utilities and updated interior finishes
