Active

MLS: #PAPH2665128, Listed By: Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut, Source:Bright MLS

1627 W Diamond Street

PHILADELPHIA, PA 19121
Mark as Favorite
Bed 6

Bed

Bath 0

Bath

SqFt4,128

Sqft

Acres0.04

Acre(Lot)

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional triplex offers immediate cash flow and strong long-term upside. The property is currently generating $51,300 in annual gross rental income, with meaningful upside on Unit 1 upon lease turnover — this income-producing asset is an outstanding opportunity for investors seeking a stable base of cash flow plus a clear path to increased returns. Completely gutted and renovated in 2015, the property benefits from modern infrastructure and finishes. The 1:1 bedroom-to-bathroom ratio aligns with current student housing demand trends, helping to ensure future rentability and maintain competitive occupancy levels. Unit 1: 5 Bed / 5.5 Bath — Currently rented at $1,350/month (historically rented at $2,600/month — significant upside potential upon lease renewal) Unit 2: 3 Bed / 3 Bath — Rented at $1,350/month Unit 3: 3 Bed / 3 Bath — Rented at $1,575/month This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $556,000

AD Id : 91373611

MLS Id : PAPH2665128

Beds : 6

Lot Size : 0.04 Acre

Living Area Size : 4,128 Sq. Ft

Tax Amount : $7,550

Year Built : 2015

County : PHILADELPHIA

Subdivision: Temple University

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 6
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2015 Building Area Total: 4128 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.04 Lot Size Source: Estimated Lot Size Square Feet: 1800

    Property Information

    Subdivision: TEMPLE UNIVERSITY Source Property Type: Residential Income Postal Code Plus 4: 2572 Property SubType: Triplex Property Age: 11

  • Listing Price Information

    Listing Price: $556000

  • Tax Information

    Parcel Number: 321043801 Tax Lot: 114 Tax Year: 2026 Annual Tax: $7550

  • Parking Information

    On Street

  • Location Information

    Direction: gps WaterSource: Public
Sell a home like this and save $32,861 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1220 N Carlisle Street, Philadelphia, PA, 19121 $550,000 -- -- 2,397 0.02 Acre
1222 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,424 0.02 Acre
1224 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 --
1228 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 0.02 Acre
1230 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 0.02 Acre
1517 N 15th Street, Philadelphia, PA, 19121 $1,200,000 13 -- 6,872 0.08 Acre
2041 N 15th Street, Philadelphia, PA, 19121 $310,000 5 -- 2,832 0.03 Acre
1511 W Seybert Street, Philadelphia, PA, 19121 $489,000 -- -- 2,931 0.03 Acre
1232 N 15th Street, Philadelphia, PA, 19121 $449,900 2 -- 2,697 0.02 Acre
1507 W Oxford Street, Philadelphia, PA, 19121 $1,140,000 -- -- 3,000 0.04 Acre

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 ByOwner 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/21/2026 @ 07:55

MLS: PAPH2665128 LISTED BY: Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut 215-627-6005 SOURCE: Bright MLS

Homes around $556,000

Selling? Save $32,861 when you sell a home like this

Tour with a ByOwner Agent