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$1,499,900

1516 18 Diamond St

Philadelphia, PA
ACTIVE-BRIGHT
12
Bedrooms
7,884
Square Feet
0.04
Lot Size (acres)
2013
Year Built
120
Days On Market

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.

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Listing Information

Listing Updated
16 days ago
Listed By
Logan Rothman, 2158345963 · Engel & Volkers, 2153833303
MLS#
PAPH2646578
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
1516 18 W Diamond St, Philadelphia, PA 19121
City
Philadelphia
County
Philadelphia
Neighborhood
TEMPLE UNIVERSITY
Zip Code
19121

Architecture

Bedrooms
12
Year Built
2013
Style
Traditional, Straight Thru
Building Area
7,884 sq. ft.
Foundation
Concrete Perimeter
Garage Spaces
0
Parking Features
On Street

Features & Amenities

Appliances
Gas Water Heater
Cooling
Central Air, Electric
Heating
Natural Gas, Central

Property Features

Lot Size
0.04 Acres
Water
Public
Sewer
Public Sewer

Square Footage

Above Grade
7,884 sq. ft.
Total
7,884 sq. ft.

Tax & Financial Information

List Price
$1,499,900
Annual Taxes
$10,137

Schools

73/100
The U School: Innovative Lab
High · Grades 09–12 · 0.7 mi
City
Philadelphia
Students
282
Parent reviews
5.0★ avg · 4 reviews
Student body
74% Black · 21% Hispanic / Latino · 3% Two or More Races
Free/reduced lunch
99%
Phone
(215) 400-7450
61/100
KIPP Philadelphia Charter School
Elementary · Grades KG–08 · 0.5 mi
City
Philadelphia
Students
860
Parent reviews
4.0★ avg · 2 reviews
Student body
96% Black · 3% Hispanic / Latino · 1% White
Free/reduced lunch
99%
Phone
(267) 687-7283
61/100
KIPP North Philadelphia Charter School
Elementary · Grades KG–08 · 0.5 mi
City
Philadelphia
Students
396
Parent reviews
4.0★ avg · 2 reviews
Student body
96% Black · 2% Two or More Races · 1% Hispanic / Latino
Free/reduced lunch
99%
Phone
(215) 294-8596
60/100
Dobbins Area Vocational-Technical High School
High · Grades 09–12 · 0.8 mi
City
Philadelphia
Students
713
Parent reviews
4.0★ avg · 2 reviews
Student body
86% Black · 9% Hispanic / Latino · 3% Two or More Races
Free/reduced lunch
100%
Phone
(215) 400-7050
57/100
Philadelphia Military Academy at Elverson
High · Grades 09–12 · 0.2 mi
City
Philadelphia
Students
376
Parent reviews
3.0★ avg · 2 reviews
Student body
60% Black · 34% Hispanic / Latino · 3% White
Free/reduced lunch
99%
Phone
(215) 400-7420
56/100
Hartranft John F School
Elementary · Grades KG–08 · 0.8 mi
City
Philadelphia
Students
299
Student body
66% Black · 28% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
100%
Phone
(215) 400-7090
54/100
Duckrey Tanner School
Elementary · Grades KG–08 · 0 mi
City
Philadelphia
Students
536
Student body
92% Black · 4% Hispanic / Latino · 2% Two or More Races
Free/reduced lunch
99%
Phone
(215) 400-7350
54/100
Frederick Douglass Mastery Charter School
Elementary · Grades KG–08 · 0.6 mi
City
Philadelphia
Students
749
Student body
98% Black · 1% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
99%
Phone
(267) 443-0673

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/10/2026Listed for sale$1,499,900

Listed by Logan Rothman · Engel & Volkers · 2153833303

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: October 21, 2026 at 5:08 PM | Source: Bright | MLS#: PAPH2646578

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