2026 assessment
$498K
OPA value, not a listing price
Multi-family report
4006 Ludlow St
3 stories1,401 sqftCMX4built 1915
Property at a glanceApartment building
Entity-held
ZIP 19104 area
University City · West Powelton
4000 block of Ludlow St
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.
- OPA assessment · 2016$41K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2017$41K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2019$320K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$320K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$320K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$320K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$332K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$332K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$498K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$498K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$485K assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Permit · 2025-03-21Interior Non-Load-Bearing Wall Demo.This permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2025-06-20Addition and/or AlterationsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2025-10-06Addition and/or AlterationThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2025-10-10Addition and/or AlterationThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2025-10-10AlterationsThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- License · 2023-10-1140TH STREET LIVE ASSOCIATES LP: Rental landlord or residential registration initially issuedA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
- License · 2024-12-0940TH STREET LIVE ASSOCIATES LP: Rental landlord or residential registration marked inactiveA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
Property assessmentBlock median & rangeZIP 19104 (University City · West Powelton) medianAssessmentPermitLicense
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 record7 events · exact dates, newest first
- PermitAddition and/or Alteration
- PermitAlterations
- PermitAddition and/or Alteration
- PermitAddition and/or Alterations
- PermitInterior Non-Load-Bearing Wall Demo.
- License40TH STREET LIVE ASSOCIATES LP: Rental landlord or residential registration marked inactive
- License40TH STREET LIVE ASSOCIATES LP: Rental landlord or residential registration initially issued
Informational only. Not investment advice or a consumer report (FCRA).
Verify the public record
Property tax
$6,971/year estimated property tax
2026 taxable assessment $498,000 × 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 $485,000. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 2711367352026 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.”
The property, on paper
OPA physical field record.
Stories
3
Interior
1,401 sqft
livable area
Lot
1,360 sqft
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
C
assessor's grade
ABCDE
Zoning
CMX4
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Recorded owner
Who's behind it
40th Street Live Assoc LP · corporate / LLC owner
• Owns 7 properties across Philadelphia under this name, assessed at $4.4M combined
• Tax bills mail to 31 S 40th St, Philadelphia PA, 19104
Block context
4000 block of Ludlow St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 4006r-14 Ludlow St · 4008 Ludlow St
L&I license dates · data through Jul 21, 2026
Business licenses at this address Latest pull
What L&I has registered at this OPA parcel, newest initial license date first.
No L&I business license is on record at this address in data through Jul 21, 2026.
Landlord and residential filings
These are property registrations or landlord filings, not businesses operating at this address.
40TH STREET LIVE ASSOCIATES LPInactive
Rental · Initial issue date Oct 11, 2023 · Terminal license date Dec 9, 2024
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 7 dated rows
- PermitAddition and/or Alteration
Permit EP-2025-006174 · Completed
From existing distribution panel, rewire 1st floor apartment and install smoke alarms and CO detectors as required for a two-household dwelling. All work per 2017 NEC.
- PermitAlterations
Permit PP-2025-012823 · Completed
Work in first floor unit only to include new fixtures with piping for: 1 water closet, 1 lavatory, 1 shower/tub unit, 1 kitchen sink, 1 water heater, and 1 laundry sink.
- PermitAddition and/or Alteration
Permit RP-2025-006509 · Completed
Interior alterations to the first floor of an existing two-family dwelling. NO WORK PROPOSED IN UNHABITABLE BASEMENT. NO WORK PROPOSED TO THE SECOND FLOOR-UNIT 2. ALL LIFE SAFTY -EMERGENCY EGRESS OPENINGS REQUIRED FOR THE EACH BEDROOM. . **IF BASEMENT IS HABITABLE A SEPERATE PERMIT IS REQUUIRED TO LEGALIZE.BASEMENT IS FOR UTILITIES ONLY**PROHIBITED STRUCTURAL WORK INCLUDES ANY MODIFICATION TO EXTERIOR WALLS, PARTY WALLS, OR FOUNDATIONS; UNDERPINNING AND EXCAVATIONS (I.E. DIGGING IN BASEMENT). NO WORK PERMITED IN THE BASEMENT. SISTERING OF FLOOR JOIST ON THE FIRST FLOOR ONLY. NOT PROPOSING TO REPLACE 10% OF FLOOR JOIST***
- PermitAddition and/or Alterations
Permit MP-2025-003376 · 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. Additional permits may be required. Replacement of warm air heater (60,000 BTU) to existing ductwork and replacement of A/C condenser (2-1/2 ton). All work within single unit on 1st floor. NO OTHER WORK PERMITTED ON THIS PERMIT. No penetrations to fire-rated assemblies. NO NEW DUCTWORK proposed on ductwork or common areas
- PermitInterior Non-Load-Bearing Wall Demo.
Permit GM-2025-002535 · Completed
EZ INTERIOR NON-LOAD-BEARING WALL DEMOLITION - For the interior demolition on NON-Load-Bearing partition walls and ceilings as per attached standard. Deviations from these standards require submission of construction and site plans. Structural alteration or repair is expressly PROHIBITED under this permit. Prohibited structural work includes but not limited to any modification to exterior walls, party wall, floor/roof framing and foundations, including underpinning, excavation and removal of foundation slab. Separate Streets Department permit required for sidewalk and street closures. NO DEMOLITION TO FIRE RATED ASSEMBLIES. Interior non-load-bearing demolition.
- License terminal event40TH STREET LIVE ASSOCIATES LP: Rental landlord or residential registration marked inactive
License 935389 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
- License issue event40TH STREET LIVE ASSOCIATES LP: Rental landlord or residential registration initially issued
License 935389 · Inactive
License event. Registration does not prove present operation or storefront occupancy.
Where this comes from
- Assessment, spec sheet & owner: OPA Property Assessments, Office of Property Assessment
- Sales & deed history: Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections: L&I Property History · Atlas
- Tax delinquency snapshot · June 2022: Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016: Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance: Verify with Philadelphia Revenue
- Zoning appeals: L&I & Zoning Board appeals
- Neighborhood income & rents: US Census ACS 5-year estimates
- Historical mortgage rates: Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery: Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 22, 2026, 6:56 AM 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)