809 DIAMOND Street, Philadelphia, PA 19122
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Jun 22, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 22 at 2:06 pm
Property Features for 809 DIAMOND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Active
- Size
- 9,088 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2154
Building Details
- Year built
- 2025
- Number of units
- 4
- Building materials
- Masonry
Listing agent Nadia T Bilynsky License #RS311101 (215) 413-4900
Listing office Mallin Panchelli Nadel Realty Inc 1601 Walnut Street unit: 900, Philadelphia, PA (215) 413-4900
Listing date Jun 22, 2026
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.
HighLights
- New‑construction 11‑unit apartment building at 809 Diamond St., completed in 2025
- Masonry construction with 2025 year built and under‑construction/new‑build status reported
- Units are self‑contained and include in‑unit washer/dryer (W/D)
- Interior finishes include gourmet kitchens, tile baths, and hardwood and tile flooring
- Some units include private outdoor areas, plus a common roof deck for the building
- Offered at a 7.3% CAP rate; location provides public transportation access via Broad St Subway line, Temple University regional rail, and bus routes
Overview
The property is located in the Temple University area of Philadelphia, with access to public transportation identified via the Broad St Subway line, the Temple University regional rail stop, and multiple bus routes.
For buyers seeking a turn-key multifamily asset, the offering is presented at a 7.3% cap rate in the current listing materials. The unit mix is designed for independent living with full in-unit laundry, and the building amenities include a common roof deck and select private outdoor spaces. Overall, the configuration and completion timeline support investors or owner-operators looking for a modern apartment building with self-contained layouts and 2025 construction.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $275.9k | $30.36 |
| − Vacancy | −$16.0k | −$1.76 |
| EGI | $259.9k | $28.60 |
| − OpEx | −$117.0k | −$12.87 |
| NOI | $142.9k | $15.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.14766
- Latitude
- 39.9837
