USAPAPhiladelphiaStrawberry Mansion3228 W Diamond St

3228 W Diamond St, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1

$795,000

3228 W Diamond St, Philadelphia, PA

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 4061 sqft

Garage No

Taxes $2,193

Days Active 55

Lot Size

Approx. Age 1915

Avg. Price Per Sqft $195

MLS® Number PAPH2488760

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to own a 5-unit multi-family property in the rapidly developing Strawberry Mansion neighborhood of Philadelphia. Zoned RM1 and spanning three stories with a finished basement, this building is perfect for investors seeking long-term growth and cash flow. Unit 1 is a 1-bedroom, 1-bath apartment currently leased at $1, 270/month through 3/31/2026. Unit 2 features a spacious layout with 3 bedrooms, 1.5 bathrooms, a full kitchen, and living area. Unit 3 mirrors Unit 2 with its own 3-bedroom, 1.5-bath layout, ideal for families or shared living. Unit 4 is a bi-level studio leased at $1, 075/month through 2/28/2026, offering a unique floor plan that attracts consistent tenant demand. Unit 5, located in the basement, includes a full kitchen/dining area, 1 bedroom, and 1 bath, with access to a shared basement laundry room that adds convenience and appeal to tenants. This property has been recently renovated from top to bottom and is ready for an investor or owner occupant to take ownership and enjoy the cashflows and neighborhood appreciation that this investment has to offer. Two out of the five units are currently occupied. Once the property is fully occupied total projected gross rent each month can reach $8, 093/month. The two vacant 3 bedroom apartments can each be rented for $2, 136/month while the vacant 1 bedroom apartment can be rented for $1, 476/month. The property has all electric in it with a separate electric meter for each unit and only one water meter. There is no gas. The property also has an active rental license for each unit as well. The property is ideally located near Peppers Restaurant, Ridge Capitol Bar & Grill, The Monkey & The Elephant Café, and Songhai City Cultural Center. Recreation options include The Discovery Center, Fairmount Park, and Hank Gathers Recreation Center. Nearby emergency services offer peace of mind with the Philadelphia Police Accident Investigation District and Fire Department Engine 45 just blocks away. A 13-month HWA Home Warranty will be included with an acceptable offer, this will need to be included in the Agreement of Sale. Whether you're investing or house-hacking, this is a rare, turn-key opportunity in one of Philly’s most promising growth corridors. 📍Schedule your showing today!Show Description

MLS® NumberPAPH2488760

Laundry Level

Central VacNo

FireplaceNo

Acreage0.05

ExteriorSidewalks, Street Lights

GarageNo

Approx. Age1915

Basement

DrivewayOn Street

Garage Spaces

HeatCentral, Electric

A/CCentral A/C, Electric

Heating Fuel

Extras

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