About 1900 W Diamond St
Stop wasting time and money on fixer-uppers or chasing tenants—this fully occupied triplex, recently partially converted into a quadraplex, delivers instant cash flow and low-risk upside. Unit 1 is leased for $1,395/mo through 4/30/2026, Unit 2 for $1,345/mo through 2/28/2026, and Unit 3 for $1,300/mo through 6/30/2026, providing stable, fair market rental income. The property sits less than half a mile from Temple University, ensuring a consistent pool of renters for years to come. The basement of this RM-1 property has been fully framed with multiple egresses to create a potential fourth 2-bedroom, 1-bath unit, projecting an additional $1,200–$1,400/mo in rent once completed—perfect for investors looking to maximize ROI or a house-hacker to occupy one unit while leveraging the others to cover the mortgage. Move-in ready and fully leased, there are no costly holding periods or tenant headaches. Combining solid income with scalable upside in a high-demand rental corridor near one of Philly’s most consistent student markets, this $715,000 opportunity is ideal for expanding a portfolio or starting your first investment with instant earning potential. The heavy lifting is already done—schedule your showing today.
