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Three-Unit Masonry Triplex
For Sale
$634,900

905 DIAMOND Street, Philadelphia, PA 19122

Multi-Family, PHILADELPHIA, PA

Property Size2,337 SF
Lot Size0.02 Acres
Price / SF$271.67
Days on Market94

Property Features for 905 DIAMOND Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Dining Room, Basement
Parking features On Street
Interior features Combination Dining/Living, Primary Bath(s)
Appliances Built-In Microwave, Disposal, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Washer - Front Loading
Subdivision TEMPLE UNIVERSITY
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 2,337 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 4841

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1950
Number of units 3
Building materials Masonry
Listing Agency: RE/MAX Access · RE/MAX International
Listed By: Hamza Bisharat · License #RS366072
Added: Jul 20 Changed: Oct 16 Last Checked: Oct 21 at 10:06PM
MLS# PAPH2639540

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 Philadelphia triplex contains three residential units within a 2,337-square-foot masonry building constructed in 1950. Unit 1 includes two bedrooms and one bathroom, while Units 2 and 3 each offer two bedrooms and two bathrooms. Interior features include combination dining and living areas and primary baths.

The property is located at 905 Diamond Street in Philadelphia, Pennsylvania 19122. Building systems include central air conditioning and heat pump heating. Appliances include electric oven/range, refrigerator, built-in microwave, disposal, and front-loading washer and dryer. Parking is provided on the street.

Key Highlights

  • Three‑unit multifamily property with 2,337 square feet
  • Unit 1: two bedrooms and one bathroom
  • Units 2 and 3: two bedrooms and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,881
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,620 $797.6K
Cap Rate 7%
$569,729 $569.7K
Cap Rate 9%
$443,122 $443.1K
Market Conditions
NOI Build-Up for 2,337 SF
Gross rent
$60.3K $25.80/SF
− Vacancy
−$3.3K −$1.42/SF
EGI
$57.0K $24.38/SF
− OpEx
−$17.1K −$7.31/SF
NOI
$39.9K $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%
$797,620
Cap Rate 7%
$569,729
Cap Rate 9%
$443,122

Alternative Uses

Best Use
Multifamily LT 5
$569.7K
$498.5K – $664.7K (±1% cap)
NOI $39,881 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$525.1K
$459.5K – $612.7K (±1% cap)
NOI $36,760 @ 7.0% cap · market cap 5.79%
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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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,177
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Philadelphia multifamily property with three residential units, central air, heat pump heating, and on-street parking.
Where is this triplex located?
The property is located at 905 DIAMOND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $634,900.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,337 square feet; Unit 1: two bedrooms and one bathroom; Units 2 and 3: two bedrooms and two bathrooms
More about this property
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