The Block Report
← Commercial benchmarks

Philadelphia commercial ledger · OPA category 14

Apartment buildings

Properties OPA classifies as apartments with more than four units, read against the same citywide assessment category. This report shows the citywide per-square-foot benchmark, its distribution, where qualifying parcels concentrate, and the highest assessed-value property records in the category.

See ranked properties ↓

Read the benchmark

What “typical” looks like

Outlier rankings are easier to read when the center is visible. The middle half contains the 25th through 75th percentile of qualifying records.

Assessed value per recorded interior sqft

Each band contains one quarter, one half, and one quarter of the category—not equally sized dollar ranges.

$110Median $147$198

Geography of the category

Where these properties concentrate

Top qualifying ZIPs by parcel count, with each ZIP’s own median assessment per square foot. Open a ZIP for its complete market report.

1ZIP 19104University City · West Powelton$170median / sqft415 parcels · 14.7% of category · $958K median assessment2ZIP 19107Washington Square West · Chinatown$229median / sqft207 parcels · 7.3% of category · $1.3M median assessment3ZIP 19147Queen Village · East Passyunk$197median / sqft169 parcels · 6% of category · $1.0M median assessment4ZIP 19121Brewerytown · Sharswood$125median / sqft142 parcels · 5% of category · $860K median assessment5ZIP 19111Fox Chase · Burholme$137median / sqft139 parcels · 4.9% of category · $975K median assessment6ZIP 19144Germantown$102median / sqft120 parcels · 4.2% of category · $1.3M median assessment7ZIP 19106Old City · Society Hill$198median / sqft118 parcels · 4.2% of category · $1.6M median assessment8ZIP 19143Cedar Park · Kingsessing$146median / sqft109 parcels · 3.9% of category · $871K median assessment9ZIP 19125Fishtown · East Kensington$176median / sqft103 parcels · 3.6% of category · $1.6M median assessment10ZIP 19139Walnut Hill · Haddington$118median / sqft100 parcels · 3.5% of category · $1.1M median assessment

Neighborhood names are approximate orientation labels. ZIP and neighborhood boundaries do not match one-to-one; the ZIP remains the comparison geography. ZIP boundaries ↗ · Neighborhood boundaries ↗

Open the underlying record

Highest assessed values

Ranked by OPA assessed value among category records with more than 200 recorded interior square feet. Per-square-foot values remain context, not the ranking, because bad area denominators can create extreme ratios.

No. 1 in the Apartments >4 units category

200 W Washington Sq

$183M

ZIP 19106 (Old City · Society Hill) · 665,742 sqft recorded · $275/sqft assessed · open deeds, permits, violations, taxes, ownership, and sources →
  1. 2200 N 16th StZIP 19102 (Center City West) · 626,685 sqft recorded · built 1950 · $243/sqft assessed$152Massessed value
  2. 33615 Chestnut StZIP 19104 (University City · West Powelton) · 415,239 sqft recorded · built 2024 · $338/sqft assessed$141Massessed value
  3. 43850 City AveZIP 19131 (Wynnefield · West Park) · 391,885 sqft recorded · built 1953 · $332/sqft assessed$130Massessed value
  4. 51000 S Broad StZIP 19146 (Graduate Hospital · Point Breeze) · 458,809 sqft recorded · built 2018 · $264/sqft assessed$121Massessed value
  5. 61919-43 Market StZIP 19103 (Rittenhouse · Logan Square) · 455,000 sqft recorded · built 2014 · $266/sqft assessed$121Massessed value
  6. 71300 Fairmount AveZIP 19123 (Northern Liberties · Callowhill) · 363,801 sqft recorded · built 2018 · $323/sqft assessed$118Massessed value
  7. 81101 Ludlow StZIP 19107 (Washington Square West · Chinatown) · 213,823 sqft recorded · built 2016 · $535/sqft assessed$114Massessed value
  8. 9210 S 12th StZIP 19107 (Washington Square West · Chinatown) · 449,820 sqft recorded · built 2024 · $252/sqft assessed$114Massessed value
  9. 10416-38 Spring Garden StZIP 19123 (Northern Liberties · Callowhill) · 354,991 sqft recorded · built 2025 · $302/sqft assessed$107Massessed value
  10. 111225 Constitution AveZIP 19112 (Navy Yard) · 311,148 sqft recorded · built 2025 · $343/sqft assessed$107Massessed value
  11. 12200-24 Spring Garden StZIP 19123 (Northern Liberties · Callowhill) · 332,444 sqft recorded · built 2025 · $316/sqft assessed$105Massessed value
  12. 131199 Ludlow StZIP 19107 (Washington Square West · Chinatown) · 169,220 sqft recorded · built 2018 · $607/sqft assessed$103Massessed value
Show 37 more ranked properties
  1. 141701 Market StZIP 19103 (Rittenhouse · Logan Square) · 464,562 sqft recorded · built 1956 · $214/sqft assessed$99Massessed value
  2. 15570 N 5th StZIP 19123 (Northern Liberties · Callowhill) · 294,800 sqft recorded · built 2023 · $316/sqft assessed$93Massessed value
  3. 164701-29 Pine StZIP 19143 (Cedar Park · Kingsessing) · 5,006 sqft recorded · built 1930 · $18,503/sqft assessed$93Massessed value
  4. 171225 Constitution AveZIP 19112 (Navy Yard) · 391,461 sqft recorded · built 2025 · $236/sqft assessed$92Massessed value
  5. 181213-19 Walnut StZIP 19107 (Washington Square West · Chinatown) · 298,216 sqft recorded · built 2016 · $303/sqft assessed$90Massessed value
  6. 19119 S 31st StZIP 19104 (University City · West Powelton) · 376,636 sqft recorded · built 2022 · $238/sqft assessed$90Massessed value
  7. 20600 Harvey StZIP 19144 (Germantown) · 520,280 sqft recorded · built 1951 · $167/sqft assessed$87Massessed value
  8. 213601l Market StZIP 19104 (University City · West Powelton) · 354,372 sqft recorded · built 2015 · $223/sqft assessed$79Massessed value
  9. 221776 Benjamin Franklin PkwyZIP 19103 (Rittenhouse · Logan Square) · 246,512 sqft recorded · built 1965 · $316/sqft assessed$78Massessed value
  10. 231401-15 Arch StZIP 19102 (Center City West) · 220,304 sqft recorded · built 1896 · $335/sqft assessed$74Massessed value
  11. 243118l-98 Chestnut StZIP 19104 (University City · West Powelton) · 692,000 sqft recorded · built 1929 · $106/sqft assessed$73Massessed value
  12. 25150 S Independence Mall WZIP 19106 (Old City · Society Hill) · 227,411 sqft recorded · built 1867 · $320/sqft assessed$73Massessed value
  13. 261616-26 Walnut StZIP 19103 (Rittenhouse · Logan Square) · 274,250 sqft recorded · built 1929 · $261/sqft assessed$72Massessed value
  14. 27700 N Delaware AveZIP 19123 (Northern Liberties · Callowhill) · 458,556 sqft recorded · built 2024 · $153/sqft assessed$70Massessed value
  15. 28700 N Delaware AveZIP 19123 (Northern Liberties · Callowhill) · 458,556 sqft recorded · built 2024 · $149/sqft assessed$68Massessed value
  16. 29150 S Independence Mall WZIP 19106 (Old City · Society Hill) · 75,000 sqft recorded · built 1927 · $893/sqft assessed$67Massessed value
  17. 303737 Chestnut StZIP 19104 (University City · West Powelton) · 300,000 sqft recorded · built 2014 · $221/sqft assessed$66Massessed value
  18. 312101 Washington AveZIP 19146 (Graduate Hospital · Point Breeze) · 382,389 sqft recorded · built 2025 · $166/sqft assessed$63Massessed value
  19. 324700 City AveZIP 19131 (Wynnefield · West Park) · 291,026 sqft recorded · built 1847 · $211/sqft assessed$61Massessed value
  20. 335450 Wissahickon AveZIP 19144 (Germantown) · 425,535 sqft recorded · built 1950 · $142/sqft assessed$61Massessed value
  21. 344000 Presidential BlvdZIP 19131 (Wynnefield · West Park) · 253,400 sqft recorded · built 1986 · $238/sqft assessed$60Massessed value
  22. 35250 N Christopher Columbus BlvdZIP 19106 (Old City · Society Hill) · 210,222 sqft recorded · built 2017 · $285/sqft assessed$60Massessed value
  23. 361300-54 N 2nd StZIP 19122 (Olde Kensington · North Philadelphia) · 390,773 sqft recorded · built 2019 · $152/sqft assessed$60Massessed value
  24. 37400 Market StZIP 19106 (Old City · Society Hill) · 201,828 sqft recorded · built 1971 · $292/sqft assessed$59Massessed value
  25. 381112-28 Chestnut StZIP 19107 (Washington Square West · Chinatown) · 241,631 sqft recorded · built 1920 · $235/sqft assessed$57Massessed value
  26. 393925 Walnut StZIP 19104 (University City · West Powelton) · 304,000 sqft recorded · built 2008 · $185/sqft assessed$56Massessed value
  27. 40417-25 Callowhill StZIP 19123 (Northern Liberties · Callowhill) · 216,027 sqft recorded · built 2025 · $255/sqft assessed$55Massessed value
  28. 413901 Conshohocken AveZIP 19131 (Wynnefield · West Park) · 368,612 sqft recorded · built 1968 · $147/sqft assessed$54Massessed value
  29. 424700 Walnut StZIP 19139 (Walnut Hill · Haddington) · 461,834 sqft recorded · built 1911 · $117/sqft assessed$54Massessed value
  30. 433800 City AveZIP 19131 (Wynnefield · West Park) · 451,857 sqft recorded · built 1955 · $117/sqft assessed$53Massessed value
  31. 446100 City AveZIP 19131 (Wynnefield · West Park) · 511,806 sqft recorded · built 1983 · $103/sqft assessed$53Massessed value
  32. 453900-06 Chestnut StZIP 19104 (University City · West Powelton) · 268,381 sqft recorded · built 1923 · $195/sqft assessed$52Massessed value
  33. 461229-37 Chestnut StZIP 19107 (Washington Square West · Chinatown) · 267,023 sqft recorded · built 1907 · $185/sqft assessed$49Massessed value
  34. 47460 N Broad StZIP 19130 (Fairmount · Spring Garden) · 315,704 sqft recorded · built 1954 · $154/sqft assessed$49Massessed value
  35. 482607 Welsh RdZIP 19114 (Torresdale) · 283,262 sqft recorded · built 1972 · $169/sqft assessed$48Massessed value
  36. 494040 Presidential BlvdZIP 19131 (Wynnefield · West Park) · 194,304 sqft recorded · built 1988 · $243/sqft assessed$47Massessed value
  37. 503701 Chestnut StZIP 19104 (University City · West Powelton) · 199,080 sqft recorded · built 1970 · $230/sqft assessed$46Massessed value

Ask what the roll cannot settle.

Open the cited analyst to compare a specific address with this category, examine its permits and violations, or identify which current City records should be verified before underwriting.

Method: OPA parcels in category code 14, assessed above $10,000 and with more than 200 recorded interior sqft. Category $/sqft statistics use every qualifying record; property rows rank assessed value from highest to lowest, with parcel number breaking ties. Area labels are approximate and do not replace parcel or zoning research. Office of Property Assessment ↗