Description

3208 W Diamond St is a nearly finished 4-unit quadplex offering 7 total bedrooms across 2,835 sq ft. Most major renovation work is complete—new kitchens, baths, flooring, lighting, and interior layouts—leaving only the final 15% of cosmetic and finish work. This is the perfect opportunity for investors wanting a value-add property without taking on a full gut. With strong rental demand in Strawberry Mansion and nearby renovated triplexes selling in the mid-$300Ks and higher, this building offers a clear path to strong cash flow and after-repair value.

Located steps from Fairmount Park, Kelly Drive, Temple University, and the rapidly developing Brewerytown corridor, this quadplex sits in a high-appreciation zone with consistent investor activity. Whether you’re a BRRRR investor or seasoned landlord, this project provides an excellent blend of near-finished construction and long-term upside.

5 Key Highlights

85% of the renovation is already complete — only finishing touches needed
4-unit quadplex with a diverse mix: 3BD, 2BD, 1BD, and studio
Modern upgrades installed: LVP floors, quartz counters, stainless appliances, tile bathrooms
High rental demand with strong Section 8 potential for maximum NOI
Nearby renovated multifamily comps support ARV in the mid-$600K+ range