Multi-family report

3420 Race St

3 stories3,660 sqftRTA1built 1915

Property at a glanceApartment building

Entity-held

2026 assessment
$1.6M 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$1.0M$2.0MZIP 19104 (University City · West Powelton) median$843K2000200520102015202020252027
Property assessmentBlock median & rangeZIP 19104 (University City · West Powelton) medianAssessmentDeed / 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 record15 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. CertificationSprinkler Certification
  3. CertificationFire Alarm Certification
  4. CertificationSprinkler Certification
  5. CertificationFire Alarm Certification
  6. CertificationFire Alarm Certification
  7. CertificationSprinkler Certification
  8. PermitRoof Covering Replacement
  9. PermitSuppression
  10. PermitElectrical
  11. LicenseDREXEL UNIVERSITY: Rental landlord or residential registration initially issued
  12. LicenseDREXEL PROPERTIES GROUP LLC: Rental landlord or residential registration marked inactive
  13. Deed / saleDeed / sale $400K
  14. LicenseDREXEL PROPERTIES GROUP LLC: Rental landlord or residential registration initially issued
  15. Deed / saleDeed / sale $680K

Flags: active rental license. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$0/year estimated property tax

2026 taxable assessment $0 × 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 $842,800. 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 241065900
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationFull assessment exemption shown

2026 OPA shows a zero or de minimis taxable assessment. The open assessment split does not establish the exemption's legal basis, continuing eligibility, or treatment after a transfer.

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 property, on paper

OPA physical field record.

Stories
3
Interior
3,660 sqft livable area
Lot
5,360 sqft
Garage
4 spaces
Exterior condition
Average city code 4
Interior condition
Average city code 4
Quality grade
C+ assessor's grade
Zoning
RTA1 city zoning code

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

Recorded owner

Who's behind it

Drexel University · corporate / LLC owner

• Owns 104 properties across Philadelphia under this name, assessed at $1.5B combined
• Tax bills mail to 3020 Market Street, Philadelphia PA, 19104
• Holds an active rental license for this address

Block context

3400 block of Race St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 3418 Race St  ·  3416 Race 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 27, 2026.

Landlord and residential filings

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

DREXEL UNIVERSITYActive

Rental · Initial issue date Jul 3, 2007 · Filed expiration Feb 28, 2027

DREXEL PROPERTIES GROUP LLCInactive

Rental · Initial issue date Aug 18, 2003 · Terminal license date Feb 29, 2004

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 15 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2026-009415 · Certified

    Expires 2027-04-02

  2. CertificationSprinkler Certification

    Certification BC-2026-010113 · Certified

    Expires 2027-02-09

  3. CertificationFire Alarm Certification

    Certification BC-2025-022375 · Certified

    Expires 2026-04-14

  4. CertificationSprinkler Certification

    Certification BC-2025-003295 · Certified

    Expires 2026-01-29

  5. CertificationFire Alarm Certification

    Certification BC-2024-027177 · Certified

    Expires 2025-09-17

  6. CertificationFire Alarm Certification

    Certification BC-2024-029030 · Certified

    Expires 2025-04-12

  7. CertificationSprinkler Certification

    Certification BC-2024-009358 · Certified

    Expires 2025-01-22

  8. PermitRoof Covering Replacement

    Permit GM-2021-006037 · Expired

    For minor construction work at the subject property in accordance with all applicable provisions of the Philadelphia Code, all references codes and standards, and the attached EZ Standard, where included. Deviation from this standard shall result in permit revocation. A separate permit from the Philadelphia Department of Streets is required for any sidewalk and street closures. All means of pedestrian protection required at the site in accordance with the Philadelphia Building Code Chapter 33 shall be in place prior to start of work.

  9. PermitSuppression

    Permit 433216 · COMPLETED

    INSTALLATION OF SPRINKLER SYSTEM IN ACCORDANCE WITH NFPA 13R WITH NEW BACKFLOW PREVENTOR IN EXISTING MULTIFAMILY DWELLING IN BASEMENT THROUGH 3RD FLOORS. **ASBESTOS REMOVAL REQUIRED PRIOR TO INSTALATION FROM LOCATION LISTED ON ASBESTOS INSPECTION REPORT**

  10. PermitElectrical

    Permit 438182 · COMPLETED

    UPGRADE THE EXISTING FIRE ALARM SYSTEM TO ACCOMMODATE THE BUILDING NEW SPRINKLER SUPPRESSION SYSTEM AS PER NEC 2008 & NFPA 72 (TRIPLEX)

  11. License issue eventDREXEL UNIVERSITY: Rental landlord or residential registration initially issued

    License 263557 · Active

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

  12. License terminal eventDREXEL PROPERTIES GROUP LLC: Rental landlord or residential registration marked inactive

    License 222600 · Inactive

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

  13. Recorded transfer$400K transfer

    2004

  14. License issue eventDREXEL PROPERTIES GROUP LLC: Rental landlord or residential registration initially issued

    License 222600 · Inactive

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

  15. Recorded transfer$680K transfer

    2000

Where this comes from

Methodology & freshness

This report was assembled Jul 28, 2026, 5:59 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)