Two-Unit Duplex with Private
For Sale
Under Contract
$295,000
5415 DIAMOND Street, Philadelphia, PA 19131
Multi-Family, PHILADELPHIA, PA
Property Size1,408 SF
Lot Size0.05 Acres
Price / SF$209.52
Days on Market120
Property Features for 5415 DIAMOND Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Garage - Attached, Driveway, Off Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active Under Contract
Size
1,408 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2778
Utilities
Heating system
Other (Heating)
Building Details
Year built
1920
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Perfect Place Real Estate Co.
(215) 921-9053
Listed By:
Jennifer L Bennett · License #RM423247
(267) 992-6262
Added: Jun 26
Changed: Oct 21
Last Checked: Oct 23 at 9:06AM
MLS# PAPH2641772
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 1,408-square-foot masonry duplex, built in 1920, contains a first-floor one-bedroom unit and a second-floor two-bedroom unit. Both residences have private entrances and separate utilities. The first-floor unit is occupied and includes a sunroom, deck access, closets, and a basement entrance; the second-floor unit is vacant and has a kitchen with updated cabinets and a tiled hallway.
The basement provides a washer and dryer, storage, and a utility closet. An attached garage and rear driveway provide parking. The property occupies a 0.05-acre lot and is near universities, parks, and transit.
The basement provides a washer and dryer, storage, and a utility closet. An attached garage and rear driveway provide parking. The property occupies a 0.05-acre lot and is near universities, parks, and transit.
Key Highlights
- Two‑unit layout: one‑bedroom first‑floor unit and two‑bedroom second‑floor unit
- 1,408 square feet on a 0.05‑acre lot; built in 1920
- Separate utilities and private entrances for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,027
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,540
$480.5K
Cap Rate 7%
$343,243
$343.2K
Cap Rate 9%
$266,967
$267.0K
Market Conditions
NOI Build-Up for 1,408 SF
Gross rent
$36.3K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$34.3K $24.38/SF
− OpEx
−$10.3K −$7.31/SF
NOI
$24.0K $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%
$480,540
Cap Rate 7%
$343,243
Cap Rate 9%
$266,967
Alternative Uses
Best Use
Multifamily LT 5
$343.2K
$300.3K – $400.5K
NOI $24,027 @ 7.0% cap · market cap 8.14%
Second Best
Apartment 5plus
$316.4K
$276.8K – $369.1K
NOI $22,147 @ 7.0% cap · market cap 7.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Explore this area
Business Placement
Demographics for 19131, PA
42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utility service and a basement with laundry and storage support the two-unit layout.
Where is this duplex located?
The property is located at 5415 DIAMOND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑unit layout: one‑bedroom first‑floor unit and two‑bedroom second‑floor unit; 1,408 square feet on a 0.05‑acre lot; built in 1920; Separate utilities and private entrances for both units
