1939 West Diamond Street

Philadelphia, PA 19121

$625,000
Price
9
Beds
7
Baths
5,999 Sq. Ft.
$104 / Sq. Ft.
5,999
Sq. Ft.
$104
per Sq. Ft.

Description

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 rents are $7,500 per month. Beautifully renovated and 90% of the way to get the Certificate...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 rents are $7,500 per month. 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 downzone the building to 100% residential 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.
  1. Listed by Stacy L Sanseverino • KW Empower
    P: (215)-431-5431 stacysanseverino@gmail.com

Property Details for 1939 West Diamond Street

Tax ID Number
321187605
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Subdivision
TEMPLE UNIVERSITY
Subdivision
TEMPLE UNIVERSITY (PHILADELPHIA PA)
LISTING UPDATED: 01/16/2025 11:20 AM

Property Details for 1939 West Diamond Street

StatusActive
MLS #PAPH2426256
Days on Market84
Taxes$6,451 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.04 AC / 1,737 SF
CountyPhiladelphia County

Building Information for 1939 West Diamond Street

Stories-Residences4Year Built1915Building Size-Lot Size0.04 AC / 1,737 SF

Property Information for 1939 West Diamond Street

Location
Location
  • Transportation: Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • Elementary School: DUCKREY TANNER (PHILADELPHIA PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: TANNER DUCKREY (PHILADELPHIA PA)
  • MiddleSchoolSource: Listing Agent
  • High School: MASTERY CHARTER SCHOOL AT GRATZ (PHILADELPHIA PA)
  • HighSchoolSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19121 (19121)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $460,900
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $368,800
  • City Town Tax: $2,838
  • Land Assessed Value: $92,100
  • Clean Green Assessed: No
  • Land Use Code: U70
  • Zoning: CMX2
  • Tax Lot: 225
  • School Tax: $3,612
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 0
  • Number Of Units Vacant: 4
Multi Family
Unit 1
  • Type: Unit 1
  • Level: 1
  • Beds Total: 3
  • Half Baths Count: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Level: 2
  • Beds Total: 2
  • Full Baths Count: 2
Unit 3
  • Type: Unit 3
  • Level: 3
  • Beds Total: 3
  • Full Baths Count: 3
Unit 4
  • Type: Unit 4
  • Level: 1
  • Beds Total: 1
  • Full Baths Count: 1
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 5,999.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 97.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1073594
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.stacylovesrealestate.com

Property History for 1939 West Diamond Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1939 West Diamond Street

Taxable ValueLand$92,100Additions$368,800Total$460,900
Tax Record2024$6,452 ($538 / month)
Home Facts
Total Finished SqFt4,176 SqFtAbove Grade Finished SqFt4,176 SqFtStories3Lot Size1,737 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningCMX2CountyPHILADELPHIAAPN32-1-1876-05

Schools near 1939 West Diamond Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Duckrey Tanner School
PublicK to 8

Carver High School
Public7 to 12

Dobbins Avt High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1939 West Diamond Street is a multi-family home for sale in Philadelphia, PA 19121. This property was listed for sale on December 13, 2024 by KW Empower, it's currently listed at $625,000. It has been on the market for a total of 84 days and was last sold on August 4, 2020. This listing's school district is The School District of Philadelphia. Nearby schools include Duckrey Tanner School, Carver High School and Philadelphia Military Academy At Elverson. 1939 West Diamond Street is a 9-bed, 7-bath, 5,999 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.