$624,888

1939 W Diamond St Philadelphia, PA 19121

$7,421
Closing credit¹
5,999 sqft
0.04 acres
$104 / sqft
Multi-Family

Property details

About 1939 W Diamond St

ASK ME ABOUT A CONVENTIONAL-LIKE LOAN FOR THIS UNCONVENTIONAL PROPERTY! 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 total rents are $7,500 per month. Unit 1- the commercial or 3 bed/1.5 bath unit- is projected at $2,250. The 1 bedroom is projected at $1,250. The 2 bedroom is projected at $1,750. And the 3 bed/3 bath unit is projected at $2,250. 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 get a variance to use the building 100% residentially 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)
CoolingCentral Air
Size5,999 sqft
BasementYes
Lot size0.04 Acres
Year built1915
ParkingOn Street
MLS #PAPH2426256

Summary

  • Basement: Yes
  • Flooring Type: Laminate Plank, Ceramic Tile
  • Parking: On Street
  • Architectural Style: Straight Thru
  • Heating: Central, Forced Air
  • Cooling: Central Air
  • List Price: $624,888
  • Price/SqFt: $104
  • Annual Tax Amount: $6,451
  • Tax Year: 2023
  • Directions: 20th and Diamond
  • Year Built: 1915
  • Living Area: 5,999 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.04 Acres
  • 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
  • Agent Phone: (215) 431-5431
  • Agent Email: stacysanseverino@gmail.com

IDX 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: 5/28/2025, 12:05:28 AM 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

1939 W Diamond St, Philadelphia, PA 19121 - view of building exterior

$624,888

1939 W Diamond St

$7,421

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 14, 2020
Home Sold
$290,000
May 08, 2017
Home Sold
$100,000

Tax history

YearAssessmentProperty Tax
2023$460,900$6,451
2022$460,900$1,496
2021$-$1,473
2020$106,900$1,496
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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $12,637. The majority of Philadelphia, PA residents have income less than $<35k annually. Typical family type 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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

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 $624,888.

In April 2025 in Philadelphia, PA there were 49.7% more homes for sale than in March. In April 2025 median list price was $291,214 and the average listing age was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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