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$650,000
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Property Description
Fully renovated in 2023! Legal 5-unit Brownstone in prime Philadelphia location. Turnkey investment opportunity listed at $650,000 This impressive Brownstone features 5 fully updated units: 4 stylish studio apartments and 1 spacious 2-bedroom, 2-bath unit with access to a private backyard. Each unit showcases modern finishes while preserving original charm, including high ceilings, exposed brick, and oversized windows that fill the space with natural light. Four of the five units are equipped with in-unit washer and dryer. 4 of 5 tenants are veterans which has created a peaceful service based community for the building. Unit 2R rent is discounted $200 because he manages the property for the owner. He paints, drywall repairs, change battery for the keypad, clean hallways and exterior, tenant lock outs, and on call for anything regarding the building and tenants. He has resided at this property for 16 years and performed similar duties for the previous owner. Currently, all units are occupied but unit 1 and unit 2F will delivered vacant. This beautiful property has the potential to generate $5,550 per month in rental income. Located on a quiet block with abundant street parking with newly paved streets, just minutes from Kelly Drive, the Art Museum, Temple, Brewerytown, Fairmount Park, The Dell, and some of the best dining and nightlife in the city. Showings are available and will be conducted by the Unit 2R tenant/building maintenance man. Please schedule your showings at least 24 hrs in advance.
Full Property Details
Full Property Details for 3112 W Diamond St
General
- Price: $650,000
- Taxes: $4,072 (2026)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2671262
- Updated: 9/16/2026
- Added to Site: 37 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Restrooms: 6
Parking
- Parking Type: On Street
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: STRAWBERRY MANSION
- Driving Directions: Between 31st and 32nd and Diamond
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Central
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available
Structural Information
- Construction: Masonry
- Basement: Yes
- Foundation: Slab
- Roof: Rubber
- Building Size: 1490
- Year Built: 1915
- Year Built Source: Assessor
- Property Condition: Excellent, Very Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,508
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 90.00
- Fence: Yes
- Topography: Building water, trash, hallway and basement electric
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $436.24
- Operating Expenses: $2,972
- Water/Sewer Hookup: $1,476
- Assessment Year: 2025
- School Tax: $2,280
- City/TownTax: $1,791
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $290,900
- Tax Amount: $4,072
- Tax Year: 2026
- Owner Pays: Common Area Maintenance
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant Belonging
- Inclusions: All appliances
- Lot Number: 147
Listed by United Real Estate, Joy Johnson
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Schools
Schools serving 3112 W Diamond St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Blaine James G School 3001 West Berks Street, Philadelphia, PA 19121 | K-8 | 0.2 mi |
Strawberry Mansion High School 3133 Ridge Ave, Philadelphia, PA 19132 | 9-11 | 0.1 mi |
Vaux HS: A Big Picture School 2300 Master Street, Philadelphia, PA 19121 | 12- | 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 3112 W Diamond St
Date
Details
Price
Change
Source
9/16/2026
Listed
$650,000
94.03%
MLS
7/23/2021
Sold
$335,000
—
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 3112 W Diamond St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,317
—
$290,900
-6%
2025
$4,317
—
$308,400
—
2024
$4,317
—
$308,400
—
2023
$4,317
272%
$308,400
100%
2021
$1,160
—
-100%
2020
$1,160
92%
$82,900
92%
2019
$605
-16%
$43,200
-16%
2018
$724
—
$51,700
—
2017
$724
—
$51,700
—
2016
$724
4%
$51,700
—
2015
$693
—
$51,700
—
2014
$693
184%
$51,700
1971%
2013
$244
—
$2,496
—
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 3112 W Diamond St
3112 W Diamond Street, Philadelphia, PA 19121 (MLS# PAPH2671262) is a Apartment property. 3112 W Diamond Street is currently listed for $650,000 and was received on September 16, 2026. Want to learn more about 3112 W Diamond Street? Do you have questions about finding other Apartment real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

