Turnkey New Construction Investment in the Heart of West Kensington Discover a standout mixed-use opportunity in one of West Kensington’s most dynamic and fast-developing area. This newly constructed, three-unit property is perfectly positioned on a prominent corner, giving the commercial space exceptional exposure. The commercial unit is secured with a solid 5-year lease (4 years remaining), providing immediate and predictable income. Two stylish residential units sit above, each a spacious 1 bedroom, 1 bath layout with soaring 10+ ft ceilings that create an airy, loft-like feel. Both apartments offer private rear entrances and are occupied by reliable tenants, though leases may be terminated if owner-occupancy is preferred. With modern finishes, strong tenancy, and a location that continues to attract interest, this property delivers both stability and upside for investors looking to tap into West Kensington’s vibrant growth. 10 year tax abatement in place.
New construction
Price cut: $10K (8/10)
$554,900
436 Diamond St, Philadelphia, PA 19122
2beds
--baths
3,164sqft
Townhouse
Built in 2024
-- sqft lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
Commercial space exceptional exposureModern finishesProminent cornerAiry loft-like feelPrivate rear entrances
- 170 days |
- 115 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Victoria Maslennikov 215-601-8642,
Tesla Realty Group, LLC 8448375274
Source: Bright MLS,MLS#: PAPH2590172
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Central
Cooling
- Central Air, Ductless, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,164
- Total interior livable area: 3,164 sqft
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 744 Square Feet
- Dimensions: 12.00 x 62.00
Details
- Additional structures: Above Grade
- Parcel number: 183218400
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional,Straight Thru
- Property subtype: Townhouse
Materials
- Metal Siding, Brick
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Olde Kensington
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $4,300
- Annual tax amount: $60
- Date on market: 3/4/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,595/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $554,900-1.8%$175/sqft |
Source:  Bright MLS #PAPH2590172 Report a problem | ||
| 4/15/2026 | Price change | $564,9000%$179/sqft |
Source: Bright MLS #PAPH2590172 Report a problem | ||
| 3/10/2026 | Price change | $565,000-12.4%$179/sqft |
Source: Bright MLS #PAPH2590172 Report a problem | ||
| 3/4/2026 | Listed for sale | $645,000-7.7%$204/sqft |
Source: Bright MLS #PAPH2590172 Report a problem | ||
| 2/28/2026 | Listing removed | $699,000$221/sqft |
Source: Bright MLS #PAPH2563816 Report a problem | ||
| 2/3/2026 | Price change | $699,000-6.8%$221/sqft |
Source: Bright MLS #PAPH2563816 Report a problem | ||
| 12/1/2025 | Listed for sale | $750,000+10.3%$237/sqft |
Source: Bright MLS #PAPH2563816 Report a problem | ||
| 6/26/2025 | Listing removed | $680,000$215/sqft |
Source: Bright MLS #PAPH2419978 Report a problem | ||
| 4/25/2025 | Listed for sale | $680,000+6.3%$215/sqft |
Source: Bright MLS #PAPH2419978 Report a problem | ||
| 11/22/2024 | Listing removed | $640,000-7.2%$202/sqft |
Source: Bright MLS #PAPH2419978 Report a problem | ||
| 11/21/2024 | Price change | $690,000-2.8%$218/sqft |
Source: Bright MLS #PAPH2419978 Report a problem | ||
| 11/13/2024 | Listed for sale | $710,000+992.3%$224/sqft |
Source: Bright MLS #PAPH2419978 Report a problem | ||
| 5/2/2023 | Sold | $65,000-34.9%$21/sqft |
Source: Public Record Report a problem | ||
| 12/1/2022 | Listing removed | $99,900$32/sqft |
Source: Bright MLS #PAPH2121374 Report a problem | ||
| 5/27/2022 | Listed for sale | $99,900+42.9%$32/sqft |
Source: Bright MLS #PAPH2121374 Report a problem | ||
| 11/2/2018 | Listing removed | $69,900$22/sqft |
Source: Realty Xpress #1001957278 Report a problem | ||
| 10/1/2018 | Price change | $69,900-6.7%$22/sqft |
Source: Realty Xpress #1001957278 Report a problem | ||
| 6/29/2018 | Listed for sale | $74,900+149.7%$24/sqft |
Source: Realty Xpress #1001957278 Report a problem | ||
| 2/23/2018 | Sold | $30,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $60 | $4,300 |
| 2024 | $60 | $4,300 |
| 2023 | $60 | $4,300 |
| 2022 | $60 | -- |
| 2021 | $60 | -- |
| 2018 | $60 | -- |
| 2017 | $60 | -- |
| 2016 | $60 | -- |
| 2015 | $60 | -- |
| 2014 | $60 +4.5% | $4,300 +459.9% |
| 2012 | $58 | $768 |
| 2011 | -- | $768 |
| 2010 | -- | $768 |
| 2009 | -- | $768 |
| 2008 | -- | $768 |
| 2007 | -- | $768 +9.1% |
| 2006 | -- | $704 |
| 2005 | -- | $704 |
| 2004 | -- | $704 |
| 2003 | -- | $704 |
| 2002 | -- | $704 |
| 2000 | -- | $704 |
| 1999 | -- | $704 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West Kensington
Nearby schools
GreatSchools rating
- 3/10Mckinley William SchoolGrades: PK-8Distance: 0.1 mi
- 3/10Kensington Creative & Performing Arts High SchoolGrades: 9-12Distance: 0.6 mi
- 2/10Kensington High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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