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508-10 DIAMOND STREETPHILADELPHIA, PA 19122

Vacant Land · 0.02 Acres
$269,900 ACTIVE

508-10 DIAMOND STREET Overview

Time on Site:
104 days
Visits:
2

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.

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508-10 DIAMOND STREET Facts & Features

  • Type Vacant Land
  • Lot 0.02 Acres

Details

General

Association/HOA

  • Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Business Information

  • Current Use: Land/Lot Only

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19122 (19122)
  • Subdivision Name: NORRIS SQUARE

Tax Information

  • City/Town Tax: 624.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 794.00
  • Tax Annual Amount: $2,838.00
  • Tax Assessed Value: 101400.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Land
  • Property Type: Land
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: RM1

Interior

Parking Information

  • Garage: No

Building Interior

  • Central Air: No

Exterior

Lot Information

  • Additional Parcels Description: See list agent for details
  • Additional Parcels: Yes
  • Lot Dimensions Source: Estimated
  • Lot Size Dimensions: 24.00 x 60.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 720.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

General Information

  • Farm Land Preservation: No
  • Sewer: Public Sewer
  • Water Access: No

508-10 DIAMOND STREET Neighborhood

Community

19122 (PHILADELPHIA) Demographics

28
Median Age
16,599
Population Density (per sq. mile)
36%
College Educated
$44,758
Estimated Median Income
2,844
Estimated Total Home Owners
3,955
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

508-10 DIAMOND STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

508-10 DIAMOND STREET Market Data

Based on the last 30 days in this zip code

$445,656
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
100
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

508-10 DIAMOND STREET History

Date Event Value Agent
3/17/2026Source: BRIGHT MLS Added to Database
March 17, 2026
Listing provided courtesy of Keller Williams Main Line- MLS# PAPH2595308MLS ProviderContact Information: [email protected] - 6105200100