Multi-family report

2615 Emerald St

6 bd6 ba3 stories3,660 sqftRSA5built 2020

Property at a glanceMulti-family

Entity-held

2026 assessment
$951K OPA value, not a listing price
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

Published City assessments for this building against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.

$0$500K$1.0MZIP 19125 (Fishtown · East Kensington) median$737K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19125 (Fishtown · East Kensington) medianAssessmentLand buyAppealPermitLicense

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 record12 events · exact dates, newest first
  1. LicenseSL RENTAL IV 2601 EMERALD STREET QOZB LLC (SL Rentals): Rental landlord or residential registration initially issued
  2. PermitNew Construction or Additions
  3. PermitNew Construction
  4. PermitNew Construction
  5. PermitNew Construction
  6. PermitNew Construction
  7. Land buyLand record $4.5M
  8. Land buyLand record $4.5M
  9. Land buyLand record $4.5M
  10. PermitZoning/use
  11. AppealZoning board appeal
  12. PermitUse

Flags: material assessment exemption; legal basis and term unverified · active rental license · 1 zoning/board appeal on record. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$2,663/year estimated property tax

2026 taxable assessment $190,220 × 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 $737,000. 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 311073804
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $190,220 of $951,100 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
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.”

The assessment exemption gap

OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.

Using OPA's taxable amount ~$2,663/year

$190,220 taxable basis

Difference to verify+$10,650/year
If the full assessment were taxable ~$13,313/year

$951,100 scenario basis

The assessment roll does not identify
  • Legal basis or program
  • Approval or expiration date
  • Treatment after a sale
  • Current Tax Center balance
Show the assessment math 2026: ($951,100 assessed − $760,880 exempt) × 1.3998% ≈ $2,663/year Full-assessment scenario: $951,100 × 1.3998% ≈ $13,313/year

Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.

The property, on paper

OPA physical field record.

Bedrooms
6
Bathrooms
6
Stories
3
Interior
3,660 sqft livable area
Lot
1,525 sqft
Basement
Full, finished city code A
Heat
Forced hot air city code A
Central air
Yes
Exterior condition
Newer construction city code 1
Newer construction
Interior condition
Newer construction city code 1
Newer construction
Zoning
RSA5 city zoning code
Zoning appeals
1 OPEN · Granted with conditions · 2018

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Recorded owner

Who's behind it

Sl Rental IV 2601 Emerald Str Qozb LLC · corporate / LLC owner

• Tax bills mail to 2301 Washington Ave, Philadelphia PA, 19146
• Holds an active rental license for this address

Block context

2600 block of Emerald St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 2617 Emerald St  ·  2619-21 Emerald 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 ↗

No L&I business license is on record at this address in data through Jul 25, 2026.

Landlord and residential filings

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

SL RENTAL IV 2601 EMERALD STREET QOZB LLC (SL Rentals)Active

Rental · Initial issue date Nov 29, 2023 · Filed expiration Nov 28, 2026

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 10 dated rows
  1. License issue eventSL RENTAL IV 2601 EMERALD STREET QOZB LLC (SL Rentals): Rental landlord or residential registration initially issued

    License 938938 · Active

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

  2. PermitNew Construction or Additions

    Permit PP-2020-008177 · Completed

    Installation Of exterior plumbing system in accordance with 2018 PPC

  3. PermitNew Construction

    Permit MP-2021-006162 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES - For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. EACH HVAC UNIT TO BE SELF-CONTAINED WITHIN EACH DWELLING UNIT. NO PENETRATIONS OF RATED ASSEMBLIES. (Installation of (2) 80,000 btu 95% gas furnace with 3 ton 13 seer ac. All duct work will be self contained in each living space).

  4. PermitNew Construction

    Permit 1045057 · Completed

    INSTALL A NEW 200AMP SERVICE, THREE(3) GANG METERPACK, 125AMP PER POSITION, WIRE THROUGHOUT, INSTALL NEW OUTLETS, SWITCHES, LIGHT FIXTURES, HARD WIRED SMOKE AND CARBON DETECTORS, AND LOW VOLTAGE WIRING AS PER 2014 NEC.

  5. PermitNew Construction

    Permit 1025915 · Completed

    FOR THE INSTALLATION OF AN AUTOMATIC WET SPRINKLER SYSTEM THROUGHOUT A FOUR (4) STORY TWO-FAMILY DWELLING TO INCLUDE A NEW TWO (2) INCH FIRE SERVICE LINE AND A NEW TWO (2) INCH BACKFLOW PREVENTION DEVICE. ALL WORK SHALL BE PERFORMED PER PLANS AND IN ACCORDANCE WITH NFPA 13R BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.

  6. PermitNew Construction

    Permit 928653 · Completed

    FOR THE ERECTION OF A FOUR (4) STORY ATTACHED STRUCTURE WITH ROOF DECK ACCESSED FROM THE THIRD STORY REAR AND ROOF DECK ACCESSED BY A ROOF DECK ACCESS STRUCTURE, FOR USE AS TWO (2) FAMILY HOUSEHOLD LIVING. DETAILS INCLUDING SIZE AND LOCATION AS SHOWN IN THE ZBA APPROVED PLAN.SEPERATE PERMITS REQUIRED FOR ELECTRICAL, MECHANICAL, PLUMBING AND SPRINKLER WORK.

  7. Land recordLand record

    2019

  8. PermitZoning/use

    Permit 866376 · COMPLETED

    FOR THE ERECTION OF A FOUR (4) STORY ATTACHED STRUCTURE WITH ROOF DECK ACCESSED FROM THE THIRD STORY REAR AND ROOF DECK ACCESSED BY A ROOF DECK ACCESS STRUCTURE, FOR USE AS TWO (2) FAMILY HOUSEHOLD LIVING. SIZE AND LOCATION AS SHOWN IN THE ZBA APPROVED PLAN.

  9. AppealZoning board appeal

    Appeal 33903 · OPEN · Granted with conditions

    Related permit 866376 · PERMIT FOR NEW CONSTRUCTION OF A FOUR STORY ATTACHED STRUCTURE WITH CELLAR AND (TWO) ROOF DECKS. USE AS TWO FAMILY HOUSEHOLD LIVING.

  10. PermitUse

    Permit 851396 · COMPLETED

    FOR A VACANT LOT

Where this comes from

Methodology & freshness

This report was assembled Jul 25, 2026, 11:51 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)