1516-18 W DIAMOND ST, Philadelphia, PA 19121

Property Description

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.

Listing Status:

Active

Data Last Updated:

August 8, 2026 at 7:16AM

Listing Office:

Engel & Volkers : 2153833303

Listing Agent:

Logan Rothman : 2158345963

MLS ID:

PAPH2645238

Interior

• A/C: Central A/C
• Heating: CentralNatural Gas
• Disability Feature: None

Construction

• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1321035801

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant's Personal Effects