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sales rep | Brivity IDX

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1516 1516-18 W Diamond St , Philadelphia, PA 19121
$1,499,900
Est. Payment: $8,102.72/mo
12 Bed
7884 Sqft
0.04 Acres
Status: active | Days on site: 113
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ENGVOL2 - 3364128,3383932
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House Description

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.

Highlights

Listed by Logan Rothman , 2158345963 and Edward Casella , 2159133646 Engel & Volkers , 2153833303. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

2013

County

Philadelphia

Area

19121 (19121)

Neighborhood

Temple University

School District

Philadelphia City

Listing ID

PAPH2646578

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:7884
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RM1
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$8,103
Taxes
$845

Home Price

$1,499,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$299,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,102.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,102.72 $844.75 $0.00 $8,947.47
Yearly $97,232.63 $10,137.00 $0.00 $107,369.63
Total $2,916,978.99 $304,110.00 $0.00 $3,221,088.99
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS