Incredible shovel-ready development opportunity in the Temple University/Old Kensington corridor. This double lot at 508–510 Diamond Street is being offered with approved plans and permits for four residential units, allowing you to bypass the lengthy zoning and approval process and start construction immediately. The property is surrounded by ongoing redevelopment and new construction, with strong rental demand from both Temple University and the surrounding neighborhoods. With close proximity to public transportation, major access routes, and the growing amenities of Old Kensington and Fishtown, this site offers excellent potential for long-term value and cash flow. Ideal for builders or investors seeking a fully entitled project in one of Philadelphia’s fastest-growing markets.
Lot/land
$269,900
508 Diamond St, Philadelphia, PA 19122
--beds
--baths
720Square Feet
Unimproved Land
Built in ----
720 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 164 days |
- 6 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Nabila Jackson baba alaoui-jackson 215-936-9386,
Keller Williams Main Line 6105200100,
Co-Listing Team: The Mike Mccann Team, Co-Listing Agent: Michael R. Mccann 215-709-4141,
KW Empower
Source: Bright MLS,MLS#: PAPH2595308
Facts & features
Property
Lot
- Size: 720 Square Feet
- Dimensions: 24.00 x 60.00
Details
- Additional parcels included: See list agent for details
- Parcel number: 183219400
- Zoning: RM1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Norris Square
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $101,400
- Annual tax amount: $2,838
- Date on market: 3/17/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,698/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $269,900+145.4% |
Source:  Bright MLS #PAPH2595308 Report a problem | ||
| 6/27/2020 | Listing removed | $110,000 |
Source: RE/MAX Affiliates #PAPH904408 Report a problem | ||
| 6/19/2020 | Price change | $110,000+22.2% |
Source: RE/MAX Affiliates #PAPH904408 Report a problem | ||
| 6/15/2020 | Listed for sale | $90,000+190.3% |
Source: RE/MAX Affiliates #PAPH904408 Report a problem | ||
| 8/9/2018 | Sold | $31,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,419 +65.4% | $101,400 +65.4% |
| 2024 | $858 | $61,300 |
| 2023 | $858 +1395.2% | $61,300 |
| 2022 | $57 | -- |
| 2021 | $57 | -- |
| 2018 | $57 | -- |
| 2017 | $57 | -- |
| 2016 | $57 | -- |
| 2015 | $57 | -- |
| 2014 | $57 +4.5% | $4,100 -54.2% |
| 2012 | $55 | $8,960 +600% |
| 2011 | -- | $1,280 |
| 2010 | -- | $1,280 |
| 2009 | -- | $1,280 |
| 2008 | -- | $1,280 |
| 2007 | -- | $1,280 |
| 2006 | -- | $1,280 |
| 2005 | -- | $1,280 |
| 2004 | -- | $1,280 |
| 2003 | -- | $1,280 |
| 2002 | -- | $1,280 |
| 2000 | -- | $1,280 |
| 1999 | -- | $1,280 |
Find assessor info on the county website
Monthly payment
Climate risks
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: 0.9 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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