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$439,999
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Property Description
Bring your vision to this spacious three-story mixed-use property near Temple University. Offering more than 3,500 square feet, the building features two first-floor commercial spaces and separately metered residential space above. One storefront includes a working commercial kitchen and hood, while the second requires renovation and offers endless possibilities for your business concept. The updated second floor features three bedrooms and two bathrooms. The unfinished third floor provides additional value-add potential and may offer possibilities for studio units or another configuration, subject to city approval. This CMX-1 property is an exciting opportunity for an investor or owner-operator. Sold in as-is condition. Buyer must independently verify zoning, permitted uses, licenses, unit count, dimensions, permits, development potential, and historic-registry status. SOLD AS IS CONDITION
Full Property Details
Full Property Details for 1542 Diamond St
General
- Price: $439,999
- Taxes: $4,389 (2026)
- Status: Active
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2662886
- Updated: 9/17/2026
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 3
Additional Information
- Equipment: Negotiable
Parking
- Parking Type: Off Street
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: GPS
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Straight Thru
- Structure Type: Other
- Construction: Brick, Masonry, Other
- Basement: Yes
- Basement Desc.: Unfinished
- Square Feet: 3,400
- Sq. Ft. Source: Estimated
- Living Area: 3,400 Sq. Ft.
- Finished Above Grnd: 3,400 Sq. Ft.
- Year Built: 1915
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Estimated
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $129.41
- Assessment Year: 2026
- Tax w/Assessment: $313,600
- Tax Amount: $4,389
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal Items
- Inclusions: Refrigerator, range, range hood, microwave, dishwasher, washer/dryer, all window treatments, all light fixtures, all kitchen commercial equipment.
Listed by Realty One Group Restore, Sundy Y Sokun
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Schools
Schools serving 1542 Diamond St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Duckrey Tanner School 1501 West Diamond street, Philadelphia, PA 19121 | K-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1542 Diamond St
Date
Details
Price
Change
Source
9/17/2026
Price Reduced
$439,999
-2.22%
MLS
8/23/2026
Listed
$450,000
50%
MLS
6/26/2025
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1542 Diamond St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,792
—
$313,600
-24%
2025
$5,792
32%
$413,800
—
2024
$4,393
73%
$413,800
58%
2023
$2,538
-25%
$261,300
100%
2021
$3,404
34%
-100%
2023
$2,538
-50%
$216,300
-40%
2020
$5,069
3%
$362,100
3%
2019
$4,899
69%
$350,000
69%
2018
$2,891
—
$206,500
—
2017
$2,891
11%
$206,500
—
2016
$2,609
58%
$206,500
68%
2015
$1,647
—
$122,900
—
2014
$1,647
652%
$122,900
5387%
2013
$219
—
$2,240
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1542 Diamond St
1542 Diamond Street, Philadelphia, PA 19121 (MLS# PAPH2662886) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1542 Diamond Street is currently listed for $439,999 and was received on August 23, 2026. Want to learn more about 1542 Diamond Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

