809 Diamond Street presents a rare opportunity to acquire a newly constructed 11-unit multifamily asset in one of Philadelphia’s most rapidly evolving neighborhoods. Situated on 0.31 acres and totaling 11,360 square feet, this CMX-2 zoned property features a modern mix of 1-, 2-, and 3-bedroom units, with select apartments offering private balconies and access to a spacious rooftop deck with sweeping city views. Located just steps from Temple University, the property benefits from strong rental demand and walkable access to public transit, restaurants, and retail. The surrounding area is undergoing a wave of revitalization, with new residential and mixed-use developments enhancing the streetscape and community vibrancy. Diamond Street itself blends historic charm with contemporary infill, creating a compelling environment for tenants and investors alike. Financially, the property generates $243,000 in gross annual income, with a projected NOI of $198,725 and a cap rate of 7.11%. A 10-year tax abatement further strengthens the investment profile. With a balanced unit mix and efficient operating expenses, this asset is well-positioned for long-term stability and growth.