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3228 W Diamond Street

PHILADELPHIA, PA 19121
  • $749,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: PAPH2655778
UPDATED: 28 min ago
$749,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Ratings & Info

School District:

Description

MPN Realty, Inc., is proud to present the exclusive sale of 3228 Diamond Street, a 4,572 SF multifamily property located in the Strawberry Mansion neighborhood of Philadelphia. This building consists of five (5) residential units, including three (3) 3-bedroom/1.5-bath units, one (1) 1-bedroom/1-bath unit, and one (1) bi-level studio, and is properly licensed for all five (5) units. The property was previously operated as an Airbnb, and the units feature finer finishes uncommon to the surrounding market, distinguishing the offering from comparable multifamily product in the area. One of the 3-bedroom units is currently vacant, presenting a unique opportunity for an owner-occupant, while the remaining units offer upside through future rent increases to strengthen overall NOI. Situated in a rapidly developing area with close proximity to Fairmount Park and Center City, Strawberry Mansion continues to see increased investor interest driven by strong rental demand and neighborhood growth.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Burkhart Realty Group | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-12T10:55:19.307.
www.lancasterhomesearch.com/homes/179748317
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3228 W Diamond Street PHILADELPHIA, PA 19121

  • Price: $749,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 28 min ago
  • ID#: PAPH2655778
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1915
Built
Neighborhood:
Strawberry Mansion
County:
Philadelphia
Area:
19121 (19121)
School District:
Philadelphia City
Property Description
MPN Realty, Inc., is proud to present the exclusive sale of 3228 Diamond Street, a 4,572 SF multifamily property located in the Strawberry Mansion neighborhood of Philadelphia. This building consists of five (5) residential units, including three (3) 3-bedroom/1.5-bath units, one (1) 1-bedroom/1-bath unit, and one (1) bi-level studio, and is properly licensed for all five (5) units. The property was previously operated as an Airbnb, and the units feature finer finishes uncommon to the surrounding market, distinguishing the offering from comparable multifamily product in the area. One of the 3-bedroom units is currently vacant, presenting a unique opportunity for an owner-occupant, while the remaining units offer upside through future rent increases to strengthen overall NOI. Situated in a rapidly developing area with close proximity to Fairmount Park and Center City, Strawberry Mansion continues to see increased investor interest driven by strong rental demand and neighborhood growth.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types None Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4572.00 Cooling Central A/C Flooring Luxury Vinyl TileHardwood Heating Other Heating YN Yes Net Square Feet 4572.00

Property Features

Accessibility Features None Annual Gross Expense 17835.00 Central Air YN Yes Cooling Fuel Other Electric Expense 240.00 Foundation Details StoneOther Gross Income 74043.00 Heating Fuel Other Hot Water Other Insurance Expense 3700.00 Maintenance Expense 4800.00 Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 56208.00 New Construction YN No Number Of Units Total 5 Operating Expense 16627.00 Operating Expense Includes InsuranceElectricSewerWaterRepair/MaintenanceSnow RemovalPest ControlOtherTrashManagement Fees Original MLSNumber 805231968384 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Other Tax Annual Amount 1207.00 Trash Expense 590.00 Vacation Rental YN No Water Source Other Year Built Effective 2022 Zoning RM1

Listing courtesy of Mallin Panchelli Nadel Realty Inc: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Burkhart Realty Group | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-12T10:55:19.307.
 
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Burkhart Realty Group | Coldwell Banker Realty
1000 N Prince St
Lancaster PA, 17603