1627 W Diamond Street • Philadelphia, PA 19121

$649,900 Beds: 0 • Baths:Sq. Feet: 4128 • MLS ID: PAPH2639516 • Subdivision: TEMPLE UNIVERSITY • School Dist: PHILADELPHIA CITY
Investor Alert! 24-hour notice required for all showings. Fully occupied, this exceptional triplex offers immediate cash flow and strong long-term upside. Currently generating $60,300 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow. Completely gutted and renovated in 2015, the property benefits from modern infrastructure and finishes. The 1:1 bedroom-to-bathroom ratio aligns with current student housing demand trends, helping to ensure future rentability and maintain competitive occupancy levels. Unit 1: 5 bed 5.5 bath Rented at $2625
Unit 2: 3 bed / 3 bath Rented at $1350 Unit 3 3 bed / 3 bath Rented at $1575 This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300 and PAPH2639390 View this listing at: http://www.gretchenraad.com/mls=PAPH2639516

Property Features

  • Taxes: $7,550
  • Exterior: Masonry
  • Lot Size: 0.04 Acres
  • Lot Dimensions: 0.04 Acre(S)
  • Heating: Heat Pump(s)
  • Fuel Type: Electric
  • Cooling: Central A/C
  • Year Built: 1915
  • Water: Public
  • Sewer: Public Sewer
  • Units: 3
  • Three Bedroom Units: 2
  • Municipality: PHILADELPHIA
  • Additional Structures: Above Grade,Below Grade
  • Structure Type: Interior Row/Townhouse

School Information

  • School District: PHILADELPHIA CITY
Printed June 24, 2026


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Agent License Information: 
Licensed in Pennsylvania
Gretchen Raad 

215 S. Centerville Road, Lancaster, PA 17603
717-393-0100