1516-18 W Diamond St, PHILADELPHIA, PA

$1,549,900

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7,884

Square feet

0.04

Acres

About 1516-18 W Diamond St

Exceptional opportunity to acquire 1516 & 1518 Diamond Street as a package in one of North Philadelphia’s strongest rental corridors, just moments from Temple University. Together, these neighboring properties offer 8 total units with an attractive unit mix of two 3-bedroom/1-bath units, two 3-bedroom/2-bath units, and four 4-bedroom/2-bath units, creating strong appeal for student and off-campus renters seeking larger shared living spaces in a prime location. Positioned in a high-demand area with consistent rental activity, this portfolio offers scale, functionality, and long-term upside for investors looking to expand near Temple’s campus. The larger bedroom counts and versatile layouts are well-suited for the student housing market, while the properties’ proximity to Temple University, Broad Street, public transportation, neighborhood dining, and everyday conveniences further enhances tenant demand. Whether you’re adding to an existing portfolio or looking to establish a presence in one of Philadelphia’s most active investment submarkets, 1516 and 1518 Diamond Street present a compelling package opportunity with strong rental appeal, an ideal unit mix, and a location that continues to attract student renters year after year. For investors seeking greater scale, this package may also be purchased together with nearby 1726 Arlington Street, creating a larger 10-unit portfolio opportunity in the heart of Temple University's rental market.

Features of 1516-18 W Diamond St

MLS® # PAPH2645238
Price $1,549,900
Bathrooms 0.00
Square Footage 7,884
Acres 0.04
Year Built 2013
Type Commercial Sale
Sub-Type Five Or More Units
Status Active

Community Information

Address 1516-18 W Diamond St
Area 19121
Subdivision TEMPLE UNIVERSITY
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19121

Amenities

Is Waterfront No

Interior

Heating Central
Cooling Central A/C

Exterior

Exterior Masonry
Construction Masonry

Additional Information

Date Listed July 10th, 2026
Days on Market 61
Zoning RM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEngel & Volkers

Listing Map

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