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$565,000
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Property Description
Turnkey New Construction Investment in the Heart of West Kensington Discover a standout mixed-use opportunity in one of West Kensington's most dynamic and fast-developing area. This newly constructed, three-unit property is perfectly positioned on a prominent corner, giving the commercial space exceptional exposure. The commercial unit is secured with a solid 5-year lease (4 years remaining), providing immediate and predictable income. Two stylish residential units sit above, each a spacious 1 bedroom, 1 bath layout with soaring 10+ ft ceilings that create an airy, loft-like feel. Both apartments offer private rear entrances and are occupied by reliable tenants, though leases may be terminated if owner-occupancy is preferred. With modern finishes, strong tenancy, and a location that continues to attract interest, this property delivers both stability and upside for investors looking to tap into West Kensington's vibrant growth. 10 year tax abatement in place.
Full Property Details
Full Property Details for 436 Diamond St
General
- Price: $565,000
- Taxes: $60 (2025)
- Status: Active
- Type: Warehouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2590160
- Updated: 3/10/2026
- Added to Site: 34 day(s) ago
Business
- Business Type: Day Care Facility, Equestrian Center, Hair Salon and
Parking
- Parking Type: Other
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLDE KENSINGTON
- Driving Directions: see gps
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Metal Siding, Brick
- Foundation: Concrete Perimeter
- Building Size: 2164
- Year Built: 2024
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 744
- Lot Size Source: Estimated
- Lot Dimensions: 12.00 x 62.00
- Fence: Yes
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $261.09
- Assessment Year: 2025
- School Tax: $33
- City/TownTax: $26
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $4,300
- Tax Amount: $60
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 204
Listed by Tesla Realty Group, LLC, Victoria Maslennikov
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Schools
Schools serving 436 Diamond St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Mckinley William School 2101 North Orkney Street, Philadelphia, PA 19122 | K-8 | 0.1 mi |
Kensington Creative & Performing Arts High School 1901 North Front Street, Philadelphia, PA 19122 | 9-12 | 0.6 mi |
Kensington Culinary Arts 2463 Emerald Street, Philadelphia, PA 19125 | 9-12 | 0.7 mi |
Kensington HS 2501 Coral Street, Philadelphia, PA 19125 | 9-12 | 0.8 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 436 Diamond St
Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$565,000
-12.4%
MLS
3/04/2026
Listed
$645,000
892.31%
MLS
4/28/2023
Sold
$65,000
—
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 436 Diamond St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$60
—
$4,300
—
2024
$60
—
$4,300
100%
2021
$60
—
-100%
2023
$60
—
$4,300
—
2020
$60
—
$4,300
—
2019
$60
—
$4,300
—
2018
$60
—
$4,300
—
2017
$60
—
$4,300
—
2016
$60
3%
$4,300
—
2015
$58
—
$4,300
—
2014
$58
-23%
$4,300
460%
2013
$75
—
$768
—
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 436 Diamond St
436 Diamond Street, Philadelphia, PA 19122 (MLS# PAPH2590160) is a Warehouse property. 436 Diamond Street is currently listed for $565,000 and was received on March 04, 2026. Want to learn more about 436 Diamond Street? Do you have questions about finding other Warehouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

