809 Diamond St

Founded in 1884 as a night school, Temple University has grown to one of the largest Universities in the Philadelphia region and state of Pennsylvania. The main campus spans about 1.5 miles or 165 acres in North Philadelphia, with proximity to Center City. An international powerhouse in higher education, the current undergrad and graduate school population is approximately 40,000. Temple offers students a dynamic and nurturing learning environment with the support of a renowned faculty, dedicated academic advisors focused on setting a clear path to graduation and a broad curriculum of more than 500 academic programs. A longtime leader in professional education, Temple is also among the nation’s largest educators in the combined fields of dentistry, law, medicine, pharmacy, and podiatry. Temple’s bustling Main Campus is set against the backdrop of the Philadelphia skyline. Green space, athletic facilities and eclectic architecture ranging from the historic Temple Performing Arts Center to an emerging state-of-the-art Charles Library form a vibrant residential setting. Temple’s NCAA Division I athletic programs and hundreds of student organizations thrive on campus. Located along North Broad Street, the campus features easy access to Center City Philadelphia, the Broad Street subway line, and the Regional Rail line. In addition to the bustling student population, there is a strong commercial corridor featuring restaurants and retailers such as Chick-fil-A, Honeygrow, Starbucks, The Fresh Grocer, Pita Chip, and many more.MPN Realty, Inc. is pleased to present the exclusive sale of 809 Diamond St., a new-construction 11-unit apartment building in the Temple University area. Completed in 2025, the building features high-end finishes, with gourmet kitchens, tile baths, hardwood and tile flooring, spacious living areas, and W/D in unit. Some units have private outdoor areas, and there is a common roof deck for the building. All units are self-contained. The property is being offered at a 7.3% CAP rate, making this an excellent turn-key investment opportunity. Located in the Temple University area, this is an ideal location attractive to both students and professionals. The site offers easy access to public transportation via the Broad St Subway line, the Temple University regional rail stop, and many bus routes.