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Shovel-Ready Double Lot Development
For Sale
$269,900

512-14 DIAMOND STREET, Philadelphia, PA 19122

Double lot offered with approved plans and permits for four residential units, ready for development.

Property SizeContact for details
Days on Market223

Property Features for 512-14 DIAMOND STREET

General Information

Standard status Active
Property subtype Land

Site & Location

Neighborhood Kensington

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,419
Listing Agency: Keller Williams Main Line
Listed By: nabila baba alaoui-jackson · License #RS344492
Source: Patmckennarealtors
Added: Mar 17 Changed: Oct 21 Last Checked: Oct 25 at 12:28AM

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 Keller Williams Main Line

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Investment Insights

Based on property information with market context.

This offering consists of a double lot presented as a streamlined, ready-to-build development opportunity. The property includes approved plans and permits for four residential units, providing a clear path from site control to development.

The site is described as being in an area with ongoing development and strong demand, with convenient access to transit and nearby amenities.

As presented, the key value proposition is the approved entitlement package for four residential units, supporting an efficient redevelopment schedule.

Key Highlights

  • Double lot offered with approved plans and permits for four residential units
  • Shovel‑ready development opportunity with a ready‑to‑build plan for 4 residential units

Property Analytics

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Suggested Use

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Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,067
Businesses Nearby

Demographics for 19122, PA

26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Double lot offered with approved plans and permits for four residential units, ready for development.
Where is this residential land & home lot located?
The property is located at 512-14 DIAMOND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Double lot offered with approved plans and permits for four residential units; Shovel‑ready development opportunity with a ready‑to‑build plan for 4 residential units
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