Turnkey Income
905 DIAMOND Street Philadelphia, PA 19122
New
905 DIAMOND Street, Philadelphia, PA, 19122
$634,900
For Sale
$634,900
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,337 SF
Lot Size0.02 Acres
Price / SF$271.67
Days on Market2
Property Features for 905 DIAMOND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Rooms
- Basement, Dining Room
- 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
- 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
(215) 400-2600
Listed by
Hamza Bisharat · License #RS366072
(267) 242-1222
Added: Jul 20 Checked: Jul 21 at 7:06PM
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.
Investment Insights
Based on property information with market context.
This income-producing triplex at 905 DIAMOND Street, PHILADELPHIA, PA 19122 features three residential units in well-maintained, excellent condition. Unit 1 offers two bedrooms and one bathroom. Units 2 and 3 each provide two bedrooms and two bathrooms. The layout supports comfortable, functional living across the three separate units, with a mix of unit sizes designed to appeal to a range of tenants.
The property is offered for sale as a turn-key, income-producing multifamily asset, with the current configuration supporting consistent rental income. The parcel size is listed at 0.0246 acres, and the property size is listed at 2,337 square feet.
For investors or owner-occupants seeking a small-balance triplex, this three-unit structure provides a straightforward rental mix with all units described as being in excellent condition.
The property is offered for sale as a turn-key, income-producing multifamily asset, with the current configuration supporting consistent rental income. The parcel size is listed at 0.0246 acres, and the property size is listed at 2,337 square feet.
For investors or owner-occupants seeking a small-balance triplex, this three-unit structure provides a straightforward rental mix with all units described as being in excellent condition.
Key Highlights
- Triplex with 3 units: Unit 1 (2BR/1BA) and Units 2–3 (each 2BR/2BA)
- All units listed as being in excellent condition
- Masonry construction and heat pump heating with central air cooling
Local Financial Insights For Multifamily LT 5
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 | $60.3k | $25.80 |
| − Vacancy | −$3.3k | −$1.42 |
| EGI | $57.0k | $24.38 |
| − OpEx | −$17.1k | −$7.31 |
| NOI | $39.9k | $17.06 |
2,337 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$569.7K
$498.5K – $664.7K
NOI $39,881 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$525.1K
$459.5K – $612.7K
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with three units: one 2/1 and two 2/2, all in excellent condition.
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: Triplex with 3 units: Unit 1 (2BR/1BA) and Units 2–3 (each 2BR/2BA); All units listed as being in excellent condition; Masonry construction and heat pump heating with central air cooling
