1939 W Diamond St Philadelphia, PA 19121
North Philadelphia West NeighborhoodEstimated payment $3,943/month
Total Views
2,873
--
Bed
--
Bath
5,999
Sq Ft
$104
Price per Sq Ft
Highlights
- Straight Thru Architecture
- Ceramic Tile Flooring
- Property is in excellent condition
- More Than Two Accessible Exits
- Forced Air Heating and Cooling System
About This Home
ASK ME ABOUT A CONVENTIONAL-LIKE LOAN FOR THIS UNCONVENTIONAL PROPERTY! 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 total rents are $7,500 per month. Unit 1- the commercial or 3 bed/1.5 bath unit- is projected at $2,250. The 1 bedroom is projected at $1,250. The 2 bedroom is projected at $1,750. And the 3 bed/3 bath unit is projected at $2,250. 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 get a variance to use the building 100% residentially 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,451
Year Built
- Built in 1915
Lot Details
- 1,737 Sq Ft Lot
- Lot Dimensions are 18.00 x 97.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Quadruplex
- Straight Thru Architecture
- Stone Foundation
- Masonry
Flooring
- Laminate
- Ceramic Tile
Accessible Home Design
- More Than Two Accessible Exits
Schools
- Duckrey Tanner Elementary School
- Tanner Duckrey Middle School
- Mastery Charter School At Gratz High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Finished Basement
Listing and Financial Details
- Tax Lot 225
- Assessor Parcel Number 321187605
Community Details
Overview
- 4 Units
- Temple University Subdivision
Building Details
- 4 Vacant Units
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,452 | $460,900 | $92,100 | $368,800 |
| 2024 | $6,452 | $460,900 | $92,100 | $368,800 |
| 2023 | $6,452 | $460,900 | $92,100 | $368,800 |
| 2022 | $1,496 | $460,900 | $92,100 | $368,800 |
| 2021 | $1,496 | $0 | $0 | $0 |
| 2020 | $1,496 | $0 | $0 | $0 |
| 2019 | $1,447 | $0 | $0 | $0 |
| 2018 | $1,512 | $0 | $0 | $0 |
| 2017 | $6,089 | $0 | $0 | $0 |
| 2016 | $6,089 | $0 | $0 | $0 |
| 2015 | $5,829 | $0 | $0 | $0 |
| 2014 | -- | $435,000 | $17,400 | $417,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Price Changed | $624,888 | 0.0% | $104 / Sq Ft |
| 12/13/2024 12/13/24 | For Sale | $625,000 | +115.5% | $104 / Sq Ft |
| 08/04/2020 08/04/20 | Sold | $290,000 | -16.9% | $69 / Sq Ft |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- |
| 02/03/2020 02/03/20 | Price Changed | $349,000 | -0.3% | $84 / Sq Ft |
| 01/07/2020 01/07/20 | Price Changed | $350,000 | 0.0% | $84 / Sq Ft |
| 01/07/2020 01/07/20 | For Sale | $350,000 | +20.7% | $84 / Sq Ft |
| 10/03/2019 10/03/19 | Pending | -- | -- | -- |
| 09/23/2019 09/23/19 | For Sale | $289,900 | +189.9% | $69 / Sq Ft |
| 04/06/2017 04/06/17 | Sold | $100,000 | -16.6% | $24 / Sq Ft |
| 02/16/2017 02/16/17 | Pending | -- | -- | -- |
| 12/19/2016 12/19/16 | For Sale | $119,900 | -- | $29 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $290,000 | Grateful Abstract Llc | |
| Special Warranty Deed | $100,000 | None Available | |
| Sheriffs Deed | $42,100 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $576,500 | Balloon | |
| Closed | $400,000 | Construction | |
| Closed | $262,250 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $145,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2426256
APN: 321187605
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