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1730 W Diamond Street

Philadelphia, PA 19121

Name: Open House: 1pm-4pm
Start: 2025-06-22T13:00:00
End: 2025-06-22T16:00:00
Location: 1730 W Diamond Street

– beds
– baths
2,484 sqft
1,530 sqft lot
$342 per sqft
1925 build

Calling the savvy investor! Temple University, a fully occupied, exceptional Efficiency/Co-Living Apartment Building, thoughtfully designed to include 9 income-generating units, 8 modern baths, and 7 fully equipped kitchens. The amenities include a hook-up for washers and dryers. This upgraded co-living property is a prime investment opportunity for those seeking robust cash flow and long-term stability. With multiple units producing rental income, this asset outperforms traditional single-family or multi-family investments by maximizing revenue per square foot. The property’s strategic layout minimizes vacancy risks while optimizing cash flow. Even if one tenant moves out, the remaining units continue to generate income, ensuring consistent returns. Additionally, the flexibility to offer short-term, medium-term, or long-term rentals allows investors to capitalize on shifting market demands, maintaining optimal occupancy rates year-round. 1730 W. Diamond Street is a standout investment purchase due to its significant 2024 upgrades, including modernized kitchens, enhanced bathrooms, and smart home features. With 9 rentable units, the potential income stream can significantly exceed that of a standard 4-unit quad or multi-family property. Plus, while a single vacancy in a quad can reduce income by 25% or more, this co-living building’s structure ensures minimal financial impact from tenant turnover. Furthermore, the tenant pool for co-living properties is diverse and stable, ranging from working professionals and downsizing seniors to short-term residents seeking flexible, fully equipped living spaces. This broader tenant base not only reduces turnover but also minimizes costly repeat repairs often associated with conventional apartment rentals. This co-living property is not just an investment; it’s a strategic asset designed for sustainable, high-yield returns. Each unit is recently renovated. Cash deal preferred, as-is sale, and POF required before scheduling an appointment to see the property. Agent nor the seller is responsible for incorrect public information, including taxes. Showings are preferred during the Open House due to the tenant’s work schedules. CAP RATE Approximately 7%. Serious inquiries can request the rent roll. MLS does not allow for inputting accurate information regarding the number of kitchens. There are 9 recently renovated units, 8 baths, and 7 kitchens. Read the details of the listing for the set-up of each room.

Listing courtesy of BRIGHT / Realty Mark Cityscape

Last checked: Checking… • Last updated Jun 3, 2025 •

MLS# PAPH2483508 —

Upcoming Open Houses

Sunday, 6/15
1pm-4pm
Sunday, 6/22
1pm-4pm

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The Building

Year Built:

1925
Year Built Source:

Assessor
Year Major Reno/Remodel:

2024
New Construction:

No
Construction Materials:

Masonry
Building Units Total:

3
Structure Type:

Interior Row/Townhouse
Architectural Style:

Traditional
Security Features:

Carbon Monoxide Detector(s), Fire Detection System, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor, Intercom
Accessibility Features:

Level Entry - Main
Foundation Details:

Brick/Mortar
Basement:

Yes
Basement Type:

Full, Unfinished
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2484

Interior

Interior Features:

2nd Kitchen, Bathroom - Walk-In Shower, Ceiling Fan(s), Efficiency, Floor Plan - Traditional, Intercom, Kitchen - Efficiency, Kitchen - Table Space, Recessed Lighting, Sprinkler System, Upgraded Countertops, Wood Floors
Room Count:

24
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2484
Living Area SqFt:

2,484 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

0-30 Days CD

Location

Directions:

Travel North on Broad to Diamond. Make Left, property on the left.
Latitude:

39.98526382
Longitude:

-75.16246033

The Property

Property Subtype:

Triplex
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.04
Lot Size Source:

Assessor
Lot Size Dimensions:

17.00 x 90.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,530 Sqft
Inclusions:

Appliances
Exclusions:

Tenant's personal property
Zoning:

RM1
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

U50
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

321177300
Tax Year:

2024
Tax Lot:

253
Tax Annual Amount:

$5,408
Tax Assessed Value:

$386,400
Year Assessed:

2025
School Tax:

3028.0
City/Town Tax:

2379.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Ceiling Fan(s), Multi Units, Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Electric, Forced Air, Hot Water
Heating Fuel:

Electric

Utilities

Utilities:

Electric Available, Sewer Available, Water Available, Cable TV Available
Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Energy Efficient Appliances, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Water Heater - High-Efficiency

Schools

School District Name:

Philadelphia City
School District Source:

3rd Party

The Community

Subdivision Name:

Temple University
Pool:

No Pool
Spa:

No
Transportation:

Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9
Vacation Rental:

No
Units Furnished:

None
Single Room Units:

9
One Bedroom Units:

9

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/1/25 Jun 1, 2025	Listed / Active	BRIGHT	$850,000

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This multifamily located in Lower North, Philadelphia, PA 19121 is currently for sale for $850,000. 1730 W Diamond Street is a 2,484 square foot multifamily with – beds and – baths. 1730 W Diamond Street is in the Lower North neighborhood of Philadelphia and has a WalkScore® of 75, making it very walkable. This multifamily is in the attendance area of Mastery Charter School At Douglass and Strawberry Mansion High School.

Listing Courtesy of: BRIGHT and Realty Mark Cityscape.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

1730 W Diamond Street

Philadelphia, PA 19121