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Residential Land for Sale in Philadelphia, Pennsylvania

1935-37 W Diamond St, Philadelphia, PA 19121

$650,000
0.04 acres
Active
Est $4,620/mo

This dual-parcel property in North Philadelphia offers a prime development opportunity with flexible building configurations. With a combined lot size of approximately 3,282 square feet, developers have two strong by-right options: Option 1 allows for the construction of two separate four-story buildings, each containing four units. Every unit would feature four bedrooms, yielding a total of eight units and 32 bedrooms across the site. Option 2 permits the development of a single, four-story building with eight units, each also offering four bedrooms-providing a total of 32 beds under one roof. Both options maximize the allowable building footprint and rental potential, making the property ideal for student housing, shared living arrangements, or families seeking modern, spacious accommodations. Located just minutes from Temple University, public transportation, and major access routes, the site is situated in one of the city's most active redevelopment zones. Surrounded by ongoing new construction, renovations, and a rising rental demand, this project is poised for long-term success and strong returns. Whether you're a seasoned developer or an investor seeking scale and sustainability, this shovel-ready opportunity presents a standout residential project in a thriving Philadelphia neighborhood.

Location

Street address
1935-37 W Diamond St
Community
Temple University
School district
The School District of Philadelphia
Elevation
101 feet
Coordinates
39.9862, -75.1658

Property details

Lot size
0.04 acres1,742 sq ft
MLS #
TREND PAPH2534740
Posted

Property taxes

Recent
$2,206

Parcels

  • 029N030224

Listing history

DateEventPriceChangeSource
Sept 5, 2025New listing$650,000TREND
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This 0.04-acre property is located at 1935-37 W Diamond St in Philadelphia, PA 19121. The property is available for sale for $650,000.

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