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Property profile & analytics
FOR SALE
Commercial real estate

809 Diamond St Philadelphia, PA 19122

11,360 SF
Property ID
US73-0933498
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 11-unit apartment building at 809 Diamond Street in Philadelphia, PA. The four-story, 11,360 square foot redbrick building boasts a desirable mix of six one-bedroom, four two-bedroom, and one three-bedroom apartments, all designed to meet modern rental standards. Situated on a prominent corner lot, this property benefits from its strategic location between the thriving Temple University and Kensington districts, ensuring strong rental demand. Currently pre-certificate of occupancy (pre-CO), this acquisition offers the added advantage of Qualified Opportunity Zone (QOZ) benefits, along with a 10-year tax abatement. The property is zoned CMX2. Detailed financial pro forma is available upon request. This represents a rare chance to acquire a top-tier multifamily asset in a high-growth Philadelphia submarket, offering significant potential for long-term appreciation and strong cash flow. The building is a single structure.

Property profile
Verified
Property type Commercial real estate
Total area 11,360 SF
UPID US73-0933498
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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