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$269,900

508 DIAMOND STREET, PHILADELPHIA PA, 19122

Price per sqft$374.86

Lot size0.02 Acres

Property typeLand

Overview

Active

Active-bright

Listed Mar 17, 2026

Updated 4 days ago

Incredible shovel-ready development opportunity in the Temple University/Old Kensington corridor. This double lot at 508–510 Diamond Street is being offered with approved plans and permits for four residential units, allowing you to bypass the lengthy zoning and approval process and start construction immediately. The property is surrounded by ongoing redevelopment and new construction, with strong rental demand from both Temple University and the surrounding neighborhoods. With close proximity to public transportation, major access routes, and the growing amenities of Old Kensington and Fishtown, this site offers excellent potential for long-term value and cash flow. Ideal for builders or investors seeking a fully entitled project in one of Philadelphia’s fastest-growing markets.

Additional information

MLS^® ID: PAPH2595308

Exterior Features

Lot Size: 0.02 Acres

Other Property Details

Taxes: $2,838
Tax Frequency: Annually

Listed by Keller Williams Main Line
Listing Contact: 2159369386

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/5/2026 at 3:20 PM UTC

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