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1935-37 W Diamond St, 
Philadelphia, PA 19121

$685,000


Bed


Bath


-

Sq Ft


0.04

Acres (Lot)


Land

Active

Listed by

Marvis Burns

Bmb Living, Inc.

Last updated:

May 16, 2025, 01:27 PM

MLS#

PAPH2471764

Source:

BRIGHTMLS

About This Land

1935-37 W Diamond St

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.04

MLS #:

PAPH2471764

Last Updated:

May 16, 2025, 01:27 PM

Added:

a month ago


Finances & Disclosures

Finances

Price:

$685,000

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.