$8,906 Closing Credit¹
#PAPH2478468, Alexis Serrano, Listing office: SERHANT PENNSYLVANIA LLC
$795,000 List price
3228 W Diamond St Philadelphia, PA 19121
$9,441
Closing credit¹
4,061 sqft
0.05 acres
$196 / sqft
Multi-Family
Property details
About 3228 W Diamond St
Exceptional opportunity to own a 5-unit multi-family property in the rapidly developing Strawberry Mansion neighborhood of Philadelphia. Zoned RM1 and spanning three stories with a finished basement, this building is perfect for investors seeking long-term growth and cash flow. Unit 1 is a 1-bedroom, 1-bath apartment currently leased at $1,270/month through 3/31/2026. Unit 2 features a spacious layout with 3 bedrooms, 1.5 bathrooms, a full kitchen, and living area. Unit 3 mirrors Unit 2 with its own 3-bedroom, 1.5-bath layout, ideal for families or shared living. Unit 4 is a bi-level studio leased at $1,075/month through 2/28/2026, offering a unique floor plan that attracts consistent tenant demand. Unit 5, located in the basement, includes a full kitchen/dining area, 1 bedroom, and 1 bath, with access to a shared basement laundry room that adds convenience and appeal to tenants. This property has been recently renovated from top to bottom and is ready for an investor or owner occupant to take ownership and enjoy the cashflows and neighborhood appreciation that this investment has to offer. Two out of the five units are currently occupied. Once the property is fully occupied total projected gross rent each month can reach $8,093/month. The two vacant 3 bedroom apartments can each be rented for $2,136/month while the vacant 1 bedroom apartment can be rented for $1,476/month. The property has all electric in it with a separate electric meter for each unit and only one water meter. There is no gas. The property also has an active rental license for each unit as well. The property is ideally located near Peppers Restaurant, Ridge Capitol Bar & Grill, The Monkey & The Elephant Café, and Songhai City Cultural Center. Recreation options include The Discovery Center, Fairmount Park, and Hank Gathers Recreation Center. Nearby emergency services offer peace of mind with the Philadelphia Police Accident Investigation District and Fire Department Engine 45 just blocks away. A 13-month HWA Home Warranty will be included with an acceptable offer, this will need to be included in the Agreement of Sale. Whether you're investing or house-hacking, this is a rare, turn-key opportunity in one of Philly’s most promising growth corridors. 📍Schedule your showing today!
Highlights
Home typeQuadruplex
HeatingCentral
StatusComing Soon
(COMING SOON)
(COMING SOON)
CoolingCentral Air
Size4,061 sqft
Lot size0.05 Acres
Year built1915
ParkingOn Street
MLS #PAPH2488760
Active DateJune 27, 2025
Summary
- Parking: On Street
- Exterior: Sidewalks, Street Lights
- Architectural Style: Straight Thru
- Heating: Central
- Cooling: Central Air
- List Price: $795,000
- Price/SqFt: $195
- Annual Tax Amount: $1,208
- Tax Year: 2023
- Lot: Back Yard
- Directions: Coming from N 33rd St, turn onto W Diamond St. The property is on the south side of the block.
- Year Built: 1915
- Living Area: 4,061 SqFt
- Municipality: Philadelphia
- Lot Size: 0.05 Acres
- MLS Number: PAPH2488760
- MLS Name: BRIGHT
- Office Name: RE/MAX @ HOME
- Office Phone: (215) 607-3535
- Office Email: thelistingteam@liveloveathome.com
- Listing Agent: Maria Maria Quattrone Quattrone
- Agent Phone: (215) 607-3523
- Agent Email: thelistingteam@liveloveathome.com
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: 6/22/2025, 6:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$795,000
3228 W Diamond St
$9,441
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 28, 2017 | Home Sold | $53,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $86,300 | $1,208 |
| 2022 | $86,300 | $459 |
| 2021 | $- | $475 |
| 2020 | $34,000 | $475 |
| 2019 | $32,900 | $460 |
| 2018 | $33,200 | $464 |
| 2017 | $33,200 | $464 |
History based on county public records data.
Nearby schools
1
Richard R. Wright Elementary School
Public District KG-5
0.5 mi
•2700 W Dauphin St
1
Thomas May Peirce Elementary School
Public District KG-6
1.2 mi
•2300 W Cambria St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.5 mi
•2539 N 16th 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 $19,000. Typical income of Philadelphia, PA residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
60%
<35k
27%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
30%
Single, with Kids
7%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
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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Frequently asked questions
About 3228 W Diamond St
The listing price of 3228 W Diamond St property is $795,000.
The property 3228 W Diamond St is a multi located in Philadelphia, Pennsylvania, 19121.
Coming Soon: 3228 W Diamond St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 3228 W Diamond St are: Richard R. Wright Elementary School (GreatSchools Rating 1/10), Thomas May Peirce Elementary School (GreatSchools Rating 1/10), Kipp North Philadelphia Charter School (GreatSchools Rating 2/10), Blaine Academics Plus School (GreatSchools Rating 3/10), Edward Gideon School (GreatSchools Rating 2/10), Dr. Ethel D. Allen School (GreatSchools Rating 4/10), Strawberry Mansion High School (GreatSchools Rating 3/10), Vaux Big Picture High School (GreatSchools Rating 2/10), Dobbins Avt High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,208 (source: MLS/based on county public records data).
The last sale was on July 28, 2017 for $53,000 (source: MLS/tax record).
The property 3228 W Diamond St is 4,061 SqFt (source: MLS/tax record).
The year of construction for 3228 W Diamond St is 1915.
This home is located at 3228 W Diamond St in Philadelphia, PA and zip code 19121 in the Strawberry Mansion neighborhood. This 4,061 square foot home, which was built in 1915, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $795,000.
The inventory of homes for sale in Philadelphia, PA between April and May 2025 increased by 40.9%. While the average time on the market in May 2025 was 89 days, the median list price was $298,569.
From Rocket Homes Real Estate and based on county public records data.