Apartment building report

1405 Reed St

3 stories1,382 sqftRM1built 1915

Property at a glanceApartment building

Milestone Properties LLC

2026 assessment
$500K OPA value, not a listing price
2027 published assessment
$510K Future roll, not the current tax bill
Neighborhood area
Hunting Park · Nicetown–Tioga Approximate · based on ZIP 19140
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $510,000. It is not yet the billed-year tax basis.

$0$500K$1.0M$510K1998200320082013201820232027
Property assessmentAssessmentDeed / salePermitLicenseCertification

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record19 events · exact dates, newest first
  1. License3533 N 6TH ST LLC: Rental landlord or residential registration initially issued
  2. CertificationFire Alarm Certification
  3. PermitAlterations
  4. PermitAddition and/or Alterations
  5. PermitAddition and/or Alteration
  6. PermitAddition and/or Alteration
  7. PermitAddition and/or Alterations
  8. Deed / saleDeed / sale $455K
  9. PermitAlterations
  10. PermitAddition and/or Alteration
  11. PermitInterior Non-Load-Bearing Wall Demo.
  12. Deed / saleDeed / sale $415K
  13. LicenseM V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration marked inactive
  14. LicenseNERIS INC: Food Preparing and Serving business license marked inactive
  15. LicenseM V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration initially issued
  16. LicenseNERIS INC: Dumpster License - Private Property L&I license filing marked inactive
  17. LicenseNERIS INC: Food Preparing and Serving business license initially issued
  18. LicenseNERIS INC: Dumpster License - Private Property L&I license filing initially issued
  19. LicenseLYDITON CORP: Food Preparing and Serving business license initially issued

Verify the public record

$6,999/year estimated property tax

2026 taxable assessment $500,000 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $510,000. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 881001427
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

Building report

Apartment building

Apartment building, recorded in the City's apartments category. The public record and owner trail follow.

What it is
Apartment building Row Conv/Apt 3 Sty Mason
Owner
Milestone Properties LLC
$ / sq ft
$369 above the $147 median for 2,826 apartments parcels citywide
Corridor
Broad and Washington city commercial corridor
Licensed units
5 active rental license
Interior area
1,382 sqft
Lot size
1,440 sqft
Stories
3
Built
1915
Zoning
RM1

Recorded owner

Who's behind it

Milestone Properties LLC · corporate / LLC owner

• Owns 6 properties across Philadelphia under this name, assessed at $2.8M combined
• Tax bills mail to 23 Longcourse Ln, Paoli PA, 19301 — outside Philadelphia
• Holds an active rental license for this address

Block context

1400 block of Reed St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1403 Reed St  ·  1407 Reed St

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗
NERIS INCInactive

Food Preparing and Serving · Initial issue date Sep 13, 2004 · Terminal license date Dec 22, 2012

LYDITON CORPInactive

Food Preparing and Serving · Initial issue date May 30, 1998 · Filed expiration Apr 30, 1999

Landlord and residential filings

These are property registrations or landlord filings, not businesses operating at this address.

3533 N 6TH ST LLCActive

Rental · Initial issue date Jan 5, 2026 · Filed expiration Jan 4, 2027

M V FINANCIAL CONCEPTS LLCInactive

Rental · Initial issue date Nov 16, 2011 · Terminal license date Feb 28, 2014

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Open every source row 19 dated rows
  1. License issue event3533 N 6TH ST LLC: Rental landlord or residential registration initially issued

    License 0996689 · Active

    License event. Registration does not prove present operation or storefront occupancy.

  2. CertificationFire Alarm Certification

    Certification BC-2025-030203 · Certified

    Expires 2026-11-14

  3. PermitAlterations

    Permit PP-2025-011907 · Completed

    Installation of a 1" Domestic Water Service, 5" Sanitary Service Line, 6" Stormwater Service Line, FAI

  4. PermitAddition and/or Alterations

    Permit MP-2025-003981 · Completed

    FOR INSTALLATION OF DUCTWORK FOR CLOTHES DRYERS PER APPROVED PLANS AND MANUFACTURER'S SPECIFICATIONS.

  5. PermitAddition and/or Alteration

    Permit EP-2025-006793 · Completed

    Install fire alarm system as per drawings and 2016 NFPA 72.

  6. PermitAddition and/or Alteration

    Permit EP-2025-006618 · Completed

    INSTALL 600 AMP ELECTRICAL SERVICE AND 6 METER PACKS WITH PROPER GROUNDING AND BONDING. INSTALL ONE 60 AMP SUBPANELS FOR HOUSE AND ONE 100 AMP SUBPANEL FOR EACH OF THE 5 DWELLING UNITS. INSTALL WIRING, LIGHTING, SWITCHES AND RECEPTACLE OUTLETS. INSTALL INTERCONNECTED SMOKE AND CO ALARMS. ALL WORK TO BE DONE ACCORDING TO THE 2017 NEC AND PER PLANS. **********FIRE ALARM SYSTEM IS NOT INCLUDED IN THE SCOPE OF WORK****************

  7. PermitAddition and/or Alterations

    Permit FP-2025-001271 · Completed

    INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE 2" MAIN FIRE SERVICE LINE WITH A 2" WILKINS 950XLT2 BACKFLOW PREVENTION ASSEMBLY PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.

  8. Recorded transfer$455K transfer

    2024

  9. PermitAlterations

    Permit PP-2021-018491 · Completed

    INTERIOR INSTALLATION ONLY OF SANITARY WASTE AND DOMESTIC HOT AND COLD WATER LINES TO 5 WATER CLOSETS, 5 LAVATORY SINKS, 5 SHOWERS, 4 LAUNDRY BOXES, 5 KITCHEN SINKS, AND 5 HOT WATER HEATERS

  10. PermitAddition and/or Alteration

    Permit 1026603 · Completed

    FOR CHANGE OF OCCUPANCY TO R-2 AND LEVEL III ALTERATIONS TO INCLUDE NEW PARTITIONS, EXTERIOR WALL OPENINGS, STAIR OPENING, FIXTURES, FINISHES, FURNISHINGS AS PER APPROVED PLANS. BUILDING TO BE SPRINKLERED PER NFPA 13. SEPARATE PERMITS REQUIRED FOR MEP AND FIRE SUPPRESSION WORK. **IEBC 2018** AMENDMENT 7/31/25 TO MODIFY LAYOUT AND ADD STAIR AT FIRST FLOOR TO CREATE STORAGE ACCESS TO BASEMENT. AMENDMENT 12/17/25 TO CHANGE DPRC-SI AND AGENCY.

  11. PermitInterior Non-Load-Bearing Wall Demo.

    Permit 880221 · Expired

    EZ INTERIOR DEMOLITION- For the interior demolition of non load-bearing partition walls and ceilings as per attached standard. Deviations from this standard will result in permit revocation and require submission of construction plans.

  12. Recorded transfer$415K transfer

    2017

  13. License terminal eventM V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration marked inactive

    License 548785 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  14. License terminal eventNERIS INC: Food Preparing and Serving business license marked inactive

    License 206085 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  15. License issue eventM V FINANCIAL CONCEPTS LLC: Rental landlord or residential registration initially issued

    License 548785 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  16. License terminal eventNERIS INC: Dumpster License - Private Property L&I license filing marked inactive

    License 281001 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  17. License issue eventNERIS INC: Food Preparing and Serving business license initially issued

    License 206085 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  18. License issue eventNERIS INC: Dumpster License - Private Property L&I license filing initially issued

    License 281001 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  19. License issue eventLYDITON CORP: Food Preparing and Serving business license initially issued

    License 203021 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

Where this comes from

Methodology & freshness

This report was assembled Jul 24, 2026, 12:20 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)