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.
For sale
Price cut: $50.9K (9/19)
$1,549,900
1516-18 W Diamond St, Philadelphia, PA 19121
12beds
--baths
7,884sqft
Townhouse
Built in 2013
-- sqft lot
$-- Zestimate®
$197/sqft
$-- HOA
What's special
Versatile layoutsLarger bedroom counts
- 93 days
- 63
- 0
Zillow last checked:
Listing updated:
Listed by:
Logan Rothman 215-834-5963,
Engel & Volkers 2153833303,
Co-Listing Agent: Edward Casella 215-913-3646,
Engel & Volkers
Source: Bright MLS,MLS#: PAPH2646578
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 7,884
- Total interior livable area: 7,884 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,800 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 321035801
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional,Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Temple University
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $724,200
- Annual tax amount: $10,137
- Date on market: 7/10/2026
- Listing agreement: Exclusive Right To Sell
- Exclusions: Tenant's Personal Effects
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,687/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Price change | $1,499,000-3.3%$190/sqft |
Source: | ||
| 8/20/2026 | Price change | $1,549,900-6.1%$197/sqft |
Source: | ||
| 7/10/2026 | Listed for sale | $1,649,900$209/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







