Back to Search

Upgraded Mixed-Use Corner Property

2845 W DIAMOND Street, Philadelphia, PA 19121

View on Map

For Sale

$1,195,900

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:

4,973 SF

Lot size:

0.03 Acres

Price / SF:

$240/SF

HighLights

Fully stabilized mixed‑use corner property delivering positive cash flow.
Approved 10‑year tax abatement.
High‑quality construction with superior soundproofing, climate control, and energy efficiency.
Prime location close to Temple University, University City, and major transportation.
Luxury residential finishes including quartz countertops, stainless steel appliances, and private roof deck.
Advanced technology infrastructure ensures lower operating expenses and tenant satisfaction.

We can help!

Listing Contact

John D McDonald

For Sale

$1,195,900

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property size:

4,973 SF

Lot size:

0.03 Acres

Price / SF:

$240/SF

Added:: Apr 25, 2026
Days on Market:: 47
Last Refresh:: Jun 10 at 12:06 pm

Property Features for 2845 W DIAMOND Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Dining Room
Parking features: On Street
Interior features: Air Filter System, Bar, Breakfast Area, Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Wood Floors
Appliances: Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Microwave, Refrigerator, Stainless Steel Appliances, Stove, Washer
Standard status: Active
Size: 4,973 SF
Lot size: 0.03 Acres

Taxes and HOA fees

Tax Annual Amount: 78

Utilities

Heating system: Other (Heating)
Cooling system: Wall Unit(s)

Building Details

Year built: 2022
Number of units: 4
Architectural style: Other

We can help!

Listing Contact

John D McDonald

Listing agent John D McDonald License #RS284363

Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA

Listing date Apr 25, 2026

MLS# PAPH2611650 Listing URL

HighLights

Fully stabilized mixed‑use corner property delivering positive cash flow.
Approved 10‑year tax abatement.
High‑quality construction with superior soundproofing, climate control, and energy efficiency.
Prime location close to Temple University, University City, and major transportation.
Luxury residential finishes including quartz countertops, stainless steel appliances, and private roof deck.
Advanced technology infrastructure ensures lower operating expenses and tenant satisfaction.

Overview

Located at the intersection of Strawberry Mansion and Brewerytown, this upgraded mixed-use property was completed in 2022. The corner property features 3 residential units and a bi-level commercial space. The building has open cell foam insulation in the walls and closed cell foam on the roof. The commercial spaces have dedicated ERV systems. A handicap accessible ramp and a separate entrance serve the primary space. The property includes remotely accessible security cameras. Residential units feature quartz countertops, stainless steel appliances, in-unit laundry, hardwood floors, tiled bathrooms, and private roof decks. The property has an approved 10-year tax abatement. The lot size is 0.0281 acres and the property size is 4973 square feet. The property is less than two miles from Temple University Main Campus and University City, home to Drexel and UPenn. 30th Street Station is a 10-minute drive away. The location is near Fairmount Park and Kelly Drive, with access to the Schuylkill River Trail.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$151.0k	$30.36
− Vacancy	−$8.8k	−$1.76
EGI	$142.2k	$28.60
− OpEx	−$64.0k	−$12.87
NOI	$78.2k	$15.73

4,973 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.12M

$977.8K – $1.30M (±1% cap)

NOI $78,223 @ 7.0% cap · market cap 6.54%

Second Best

Mixed Use

$844.0K

$738.5K – $984.7K (±1% cap)

NOI $59,079 @ 7.0% cap · market cap 4.94%

Theoretical Best

Multifamily LT 5

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,864 @ 7.0% cap · market cap 7.10%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.1803818
Latitude: 39.9880066

Nearby Similar for Sale

$1,400,000

5,000 SF

Freestanding Commercial Building in Philadelphia

Highly visible commercial building suitable for automotive, medical, retail.

2040 NAPFLE AVENUE, PHILADELPHIA, PA 19152

View Details
$850,000

4,560 SF

Freestanding Office Building on Corner

Freestanding office with multi-office layout, full basement, and parking for 20+ vehicles on a hard corner.

500-02 W CHELTENHAM Avenue, PHILADELPHIA, PA 19126

View Details
$2,990,000

6,495 SF

Restaurant Opportunity in Philadelphia, PA

Restaurant with 170 parking spaces on 1.77 acres.

80 FRANKLIN MILLS Boulevard, PHILADELPHIA, PA 19154

View Details
$1,399,000

4,575 SF

Medical Office Building For Sale

Well-maintained medical office building with high visibility and income potential.

9821 ACADEMY Road, PHILADELPHIA, PA 19114

View Details
$999,000

7,800 SF

Iconic East Falls Cornerstone Building

Multigenerational landmark in flourishing Philadelphia community, dual-zoned.

3711 MIDVALE AVENUE, PHILADELPHIA, PA 19129

View Details
$850,000

3,629 SF

Industrial Garage-Style Property Package

Three CMX-2 zoned properties on Frankford Avenue offer flexible options for owner-users and investors.

2605 FRANKFORD AVENUE, PHILADELPHIA, PA 19125

View Details
$549,944

700 SF

Mixed-Use Brownstone with Storefront

Three-story live-work setup with a renovated first-floor storefront and remodeled apartment above.

212 FAIRMOUNT Avenue, PHILADELPHIA, PA 19123

View Details
$1,450,000

5,200 SF

Prime Philadelphia Retail Opportunity

5,200 SF retail space with restaurant potential on Walnut Street.

1111-13 WALNUT Street, PHILADELPHIA, PA 19107

View Details
$645,000

4,278 SF

Germantown Avenue Mixed-Use Opportunity

Versatile mixed-use property in historic Germantown with parking.

5519 GERMANTOWN Avenue, PHILADELPHIA, PA 19144

View Details
$2,750,000

Turnkey Three-Story Building with Elevator

Renovated three-story property with fully finished basement, elevator service, and sprinkler coverage across all levels.

718 CHESTNUT Street, PHILADELPHIA, PA 19106

View Details
$540,000

2,746 SF

Triplex with Central Air Units

Well-maintained triplex with three 1-bedroom units, central air, and separately metered utilities for simplified ownership.

438-1/2 LEVERINGTON Avenue, PHILADELPHIA, PA 19128

View Details
$675,000

2,694 SF

Turnkey Triplex with Tax Abatement

Newly built, fully equipped triplex offering three separate units with efficient appliances and a tax abatement advantage.

1219 W BUTLER Street, PHILADELPHIA, PA 19140

View Details

For sale
Mixed-use properties
PA
Philadelphia
19121
2845 W DIAMOND Street

What type of property is this?

Mixed-use property - Meticulously upgraded mixed-use property with positive cash flow.

Where is this mixed-use property located?

The property is located at 2845 W DIAMOND Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,195,900.

What are key features of this property?

This property features: Fully stabilized mixed‑use corner property delivering positive cash flow.; Approved 10‑year tax abatement.; High‑quality construction with superior soundproofing, climate control, and energy efficiency.

2845 W DIAMOND Street, Philadelphia, PA 19121

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Features for 2845 W DIAMOND Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Commercial Building in Philadelphia

Freestanding Office Building on Corner

Restaurant Opportunity in Philadelphia, PA

Medical Office Building For Sale

Iconic East Falls Cornerstone Building

Industrial Garage-Style Property Package

Mixed-Use Brownstone with Storefront

Prime Philadelphia Retail Opportunity

Germantown Avenue Mixed-Use Opportunity

Turnkey Three-Story Building with Elevator

Triplex with Central Air Units

Turnkey Triplex with Tax Abatement

FAQs

Create New Password