$7,659

closing credit¹

447 Diamond St Philadelphia, PA 19122

$645,000
2,952 sqft
0.02 acres
$219 / sqft
Multi-Family

Property details

About 447 Diamond St

447 Diamond Street – Exceptional Investment Opportunity in a Prime Location Don’t miss this incredible chance to add a high-potential property to your portfolio! Located in the heart of a vibrant, rapidly growing neighborhood, 447 Diamond Street is a versatile CMX2 zoned mixed-use building with multiple income streams. Property Features: First Floor: A well-established convenience store/commercial space, currently leased with a Triple Net (NNN) lease in place, ensuring steady and low-maintenance rental income. This prime commercial space offers high visibility and foot traffic, ideal for a variety of businesses. Second & Third Floors: Two spacious 2-bedroom, 1-bathroom apartments, offering the opportunity to further capitalize on rental income. Both units feature modern finishes, plenty of natural light, and spacious layouts. Investment Highlights: Steady Cash Flow: The established tenant on the first floor and the income potential from the residential units make this an attractive investment opportunity for both new and seasoned investors. Triple Net Lease: The convenience store’s NNN lease reduces the burden of property expenses, offering a stable and predictable cash flow. Location & Neighborhood: Walkable to Amenities: Situated in a thriving neighborhood, this property is within walking distance of local restaurants, cafes, shops, and parks. The community is rapidly appreciating in value, making it an ideal time to invest. Transportation: Excellent public transportation options nearby, including bus routes and the subway, making commuting easy and convenient. Residents and businesses alike will benefit from quick access to major highways and downtown Philadelphia. Future Growth Potential: The area is seeing increased development, with new businesses and residential projects underway. This makes 447 Diamond Street not just a solid investment today, but a property with significant future growth potential. Summary: Whether you're looking to expand your real estate portfolio or invest in a property with stable cash flow and significant upside potential, 447 Diamond Street is a must-see. Take advantage of the opportunity to own a mixed-use building in a desirable and rapidly appreciating area. Don’t let this one pass you by—contact us today for more information or to schedule a viewing!

Highlights

Home typeDuplex
HeatingCentral
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,952 sqft
Lot size0.02 Acres
Year built1875
ParkingOn Street
MLS #PAPH2410900

Summary

  • MLS Number: PAPH2410900
  • MLS Name: BRIGHT
  • Office Name: Realty ONE Group Focus
  • Office Phone: (484) 500-1681
  • Office Email: stacey@rogfocus.com
  • Listing Agent: Tyrell Taylor

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: 2/2/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$645,000

447 Diamond St

$7,659

closing credit¹

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Price information

Property sales

DateEventPrice
Feb 01, 2017
Home Sold
$60,000
Jun 23, 2005
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2023$225,300$3,153
2022$225,300$1,545
2021$-$1,545
2020$110,400$1,545
2019$109,400$1,531
2018$121,700$1,703
2017$108,400$1,517

History based on county public records data.

Nearby schools

6

John Moffet Elementary School

Public District KG-5

0.6 mi

127 W Oxford St

7

Horatio B. Hackett School

Public District KG-5

0.8 mi

2161 E York St

1

Isaac A. Sheppard Elementary School

Public District KG-4

0.9 mi

120 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 $11,609. Residents of Philadelphia, PA typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

79%
<35k
20%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
35%
Single, with Kids
6%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

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 447 Diamond St in Philadelphia, PA and zip code 19122 in the Hartranft neighborhood. This 2,952 square foot home, which was built in 1875, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $645,000.

In January 2025 more than 152 listings in Philadelphia, PA were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 457 were sold below. The inventory of homes for sale in Philadelphia, PA between December and January 2025 increased by 3.5%. While the average time on the market in January 2025 was 52 days, the median list price was $266,945.

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

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