3228 W Diamond St

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 3228 W Diamond St, Philadelphia, PA 19121, USA
New York & Tri-State + Apartment Buildings
Created date: August 3, 2026
Date last updated: September 25, 2026
Price: $749,000Investment Analyzer NEW!

Property Description

MPN Realty, Inc., is proud to present the exclusive sale of 3228 Diamond Street, a 4,572 SF multifamily property located in the Strawberry Mansion neighborhood of Philadelphia. This building consists of five (5) residential units, including three (3) 3-bedroom/1.5-bath units, one (1) 1-bedroom/1-bath unit, and one (1) bi-level studio, and is properly licensed for all five (5) units. The property was previously operated as an Airbnb, and the units feature finer finishes uncommon to the surrounding market, distinguishing the offering from comparable multifamily product in the area. One of the 3-bedroom units is currently vacant, presenting a unique opportunity for an owner-occupant, while the remaining units offer upside through future rent increases to strengthen overall NOI. Situated in a rapidly developing area with close proximity to Fairmount Park and Center City, Strawberry Mansion continues to see increased investor interest driven by strong rental demand and neighborhood growth.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $749,000
No. of Units: 5
Year Built: 1915
Lot Size: 0.05 Acres
Opportunity Zone: No
Price per unit: $149,800
Property Website Click Here
Address: 3228 W Diamond St, Philadelphia, PA 19121, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

627 Olive Ln

Ambridge, Pennsylvania
New York & Tri-State + Apartment Buildings
Units: 1
Price: $57,500

326 Franklin St

City of But NE, Pennsylvania
New York & Tri-State + Apartment Buildings
Price: $165,000

1014 New York 23a

Catskill, New York
New York & Tri-State + Apartment Buildings
Units: 12
Price: $2,195,000

Brokers

View All

Lenders

View All