$7,896 Closing Credit¹
Kurt C Werner, Listing Office: RE/MAX Keystone
$7,422
closing credit¹
1939 W Diamond St Philadelphia, PA 19121
$625,000 List price
$7,422
Closing credit¹
5,999 sqft
0.04 acres
$104 / sqft
Multi-Family
Property details
About 1939 W Diamond St
Own a piece of Philadelphia’s history AND earn instant equity when you buy this quadplex just 6 blocks from Temple University. Rent the units out, and now you have cash flow! Unit 1 is a 3 bed/1.5 bath, bi-level unit. Unit 2 is a 2 bed/2 bath unit. Unit 3 is a 3 bed/3 bath unit with the most amazing panoramic view from the 4th story. Unit 4 is a converted garage to the rear and has 1 bed/1 bath. Projected rents are $7,500 per month. Beautifully renovated and 90% of the way to get the Certificate of Occupancy. The seller was quoted $15,000 to install the water and gas lines to the property and $30,000 to install the sprinkler system. The 1st floor is zoned for commercial use and would require a $20,000 chair lift to meet code, OR if you prefer to downzone the building to 100% residential after closing, you can pocket the difference. There are just a few other touches needed to rent the units, including installing electric meters and some appliances. The 2022 Appraisal gives a $1,150,000 valuation after the building is complete and $625,000 As-Is. This property is truly a must-see.
Highlights
Home typeQuadruplex
HeatingCentral, Forced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size5,999 sqft
BasementYes
Lot size0.04 Acres
Year built1915
ParkingOn Street
MLS #PAPH2426256
Summary
- MLS Number: PAPH2426256
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Stacy L Sanseverino
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 6:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$625,000
1939 W Diamond St
$7,422
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 14, 2020 | Home Sold | $290,000 |
| May 08, 2017 | Home Sold | $100,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $0 | $1,473 |
| 2019 | $103,400 | $1,447 |
| 2018 | $483,800 | $6,772 |
| 2017 | $435,000 | $6,089 |
History based on county public records data.
Nearby schools
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.6 mi
•2539 N 16th St
1
Richard R. Wright Elementary School
Public District KG-5
0.7 mi
•2700 W Dauphin St
1
Thomas May Peirce Elementary School
Public District KG-6
0.9 mi
•2300 W Cambria St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $12,637. Typical income of Philadelphia, PA residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
65%
<35k
24%
35k-100k
4%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
65%
Single, No Kids
23%
Single, with Kids
6%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
34%
18-34 yrs old
32%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1939 W Diamond St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 5,999 square foot home, which was built in 1915, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $625,000.
In December 2024 more than 218 listings in Philadelphia, PA were sold above the asking price. During the same period more than 229 listings were sold at asking price, while more than 580 were sold below. Between November and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. In December 2024 median list price was $267,873 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.