Multi-family report

4059 Olive St

3 stories3,549 sqftRM1built 2023

Property at a glanceMulti-family

Entity-held

2026 assessment
$840K 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 19104 (University City · West Powelton) median$657K2003200720112015201920232027
Property assessmentBlock median & rangeZIP 19104 (University City · West Powelton) medianAssessmentL&I violationPermitInspectionLicenseCertification

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 record33 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. LicenseOlive St QOZB LLC: Rental landlord or residential registration initially issued
  3. CertificationFire Alarm Certification
  4. PermitNew Construction
  5. PermitNew Construction
  6. PermitNew Construction or Additions
  7. PermitAddition and/or Alterations
  8. PermitNew Construction
  9. PermitNew construction, addition, GFA change
  10. PermitCombined Lot Line Relocation and New Dev…
  11. LicenseMD PROPERTY LLC: Vacant Residential Property / Lot landlord or residential registration marked closed
  12. LicenseMD PROPERTY LLC: Vacant Residential Property / Lot landlord or residential registration initially issued
  13. L&I violationCLIP VIOLATION NOTICE
  14. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  15. L&I violationCLIP VIOLATION NOTICE
  16. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  17. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  18. L&I violationCLIP VIOLATION NOTICE
  19. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  20. L&I violationCLIP VIOLATION NOTICE
  21. L&I violationEXT A-MOTOR VEH MUST BE REMOV
  22. L&I violationCLIP VIOLATION NOTICE
  23. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  24. L&I violationCLIP VIOLATION NOTICE
  25. L&I violationEXT A-MOTOR VEH MUST BE REMOV
  26. L&I violationVACANT LOT STANDARD
  27. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  28. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  29. L&I violationVACANT LOT KEEP CLEAN GET LIC
  30. L&I violationCLIP VIOLATION NOTICE
  31. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  32. InspectionL_FINAL
  33. InspectionL_INITIAL

Flags: material assessment exemption; legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $5K with a lien entry. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$2,352/year estimated property tax

2026 taxable assessment $168,000 × 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 $656,600. 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 061143100
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $168,000 of $840,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Historical delinquency sources Record found

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

A separate historical parcel ledger ending in 2016 records $4,589.65 and a lien entry. It is shown as historical context only.

1997$384.67 total · $109.48 principal · $188.85 interest · $7.66 penalty1998$373.05 total · $109.48 principal · $179.00 interest · $7.66 penalty1999$361.42 total · $109.48 principal · $169.15 interest · $7.66 penalty2000$349.79 total · $109.48 principal · $159.29 interest · $7.66 penalty2001$338.16 total · $109.48 principal · $149.44 interest · $7.66 penalty2002$326.54 total · $109.48 principal · $139.59 interest · $7.66 penalty2003$314.91 total · $109.48 principal · $129.73 interest · $7.66 penalty2004$303.28 total · $109.48 principal · $119.88 interest · $7.66 penalty2005$291.66 total · $109.48 principal · $110.03 interest · $7.66 penalty2006$280.03 total · $109.48 principal · $100.17 interest · $7.66 penalty2007$159.61 total · $60.82 principal · $50.18 interest · $4.26 penalty2008$153.15 total · $60.82 principal · $44.71 interest · $4.26 penalty2009$146.69 total · $60.82 principal · $39.23 interest · $4.26 penalty2010$140.23 total · $60.82 principal · $33.76 interest · $4.26 penalty2011$144.67 total · $66.84 principal · $31.08 interest · $4.68 penalty2012$141.95 total · $69.41 principal · $26.03 interest · $4.86 penalty2013$138.58 total · $71.91 principal · $20.50 interest · $5.03 penalty2014$89.72 total · $60.10 principal · $11.72 interest · $4.21 penalty2015$83.33 total · $60.10 principal · $6.31 interest · $4.21 penalty2016$68.21 total · $62.78 principal · $0.94 interest · $0.63 penalty

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 ~$2,352/year

$168,000 taxable basis

Difference to verify+$9,406/year
If the full assessment were taxable ~$11,758/year

$840,000 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: ($840,000 assessed − $672,000 exempt) × 1.3998% ≈ $2,352/year Full-assessment scenario: $840,000 × 1.3998% ≈ $11,758/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.

Stories
3
Interior
3,549 sqft livable area
Lot
900 sqft
Central air
Yes
Exterior condition
Newer construction city code 1
Newer construction
Interior condition
Newer construction city code 1
Newer construction
Zoning
RM1 city zoning code

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

Recorded owner

Who's behind it

Olive Streetqobz LLC · corporate / LLC owner

• Holds an active rental license for this address

Block context

4000 block of Olive St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 4057 Olive St  ·  4061 Olive 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 23, 2026.

Landlord and residential filings

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

Olive St QOZB LLCActive

Rental · Initial issue date Nov 7, 2024 · Filed expiration Nov 6, 2026

MD PROPERTY LLCClosed

Vacant Residential Property / Lot · Initial issue date Mar 26, 2020 · Terminal license date Mar 25, 2021

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 33 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2026-012358 · Certified

    Expires 2027-04-14

  2. License issue eventOlive St QOZB LLC: Rental landlord or residential registration initially issued

    License 0965141 · Active

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

  3. CertificationFire Alarm Certification

    Certification BC-2025-000389 · Certified

    Expires 2025-04-19

  4. PermitNew Construction

    Permit MP-2022-004418 · Completed

    FOR INSTALLATION OF HVAC SYSTEM AS PER APPROVED PLANS.

  5. PermitNew Construction

    Permit EP-2022-008362 · Completed

    Install fire alarm system as per 2016 NFPA 72. Install a 400 AMP service with 5 meters. Wire throughout a new four-family dwelling: switches, lights, receptacles, TV's, phones, emergency lights, and interconnected smoke/CO alarms as per NEC 2017 (as per plans given).

  6. PermitNew Construction or Additions

    Permit PP-2022-008812 · Completed

    installation of plumbing fixtures for 4 units 14 bathrooms 4 washer and dryer 4 kitchen sinks 4 water heater

  7. PermitAddition and/or Alterations

    Permit FP-2022-000428 · Completed

    INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13R THROUGHOUT AN EXISTING STRUCTURE. INSTALLATION TO INCLUDE 2" MAIN FIRE SERVICE LINE AND 2." DC WILKINS 950 XLT2 BACKFLOW PREVENTION ASSEMBLY AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.**AMENDED AS OF 4/13/2023 FOR A MODIFICATION TO THE BACKFLOW PREVENTION SYSTEM TO PROVIDE A 2" DC AMES LF2000BM1-FP IN LIEU OF THE DC WILKINS 950 XLT2 PREVIOUSLY PROVIDED. **

  8. PermitNew Construction

    Permit CP-2021-006756 · Completed

    FOR NEW CONSTRUCTION OF A THREE-STORY ATTACHED BUILDING WITH CELLAR AND REAR BALCONIES. BUILDING TO BE FULLY SPRINKLERED WITH NFPA 13R MINIMUM. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING AND FIRE SUPPRESSION.

  9. PermitNew construction, addition, GFA change

    Permit ZP-2021-012582 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE. SIZE AND LOCATION AS SHOWN IN THE APPLICATION/PLANS.

  10. PermitCombined Lot Line Relocation and New Dev…

    Permit ZP-2021-009532 · Issued

    FOR THE CONSOLIDATION OF TWO (2) EXISTING PARCELS INTO ONE (1) PARCEL. SIZE AND LOCATION AS SHOWN IN THE APPLICATION/PLANS.

  11. License terminal eventMD PROPERTY LLC: Vacant Residential Property / Lot landlord or residential registration marked closed

    License 840591 · Closed

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

  12. License issue eventMD PROPERTY LLC: Vacant Residential Property / Lot landlord or residential registration initially issued

    License 840591 · Closed

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

  13. ViolationCLIP VIOLATION NOTICE

    Case 546784 · Violation 4025390 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  14. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 546784 · Violation 4025391 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  15. ViolationCLIP VIOLATION NOTICE

    Case 528529 · Violation 3903925 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  16. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 528529 · Violation 3903926 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  17. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 499437 · Violation 3691187 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  18. ViolationCLIP VIOLATION NOTICE

    Case 499437 · Violation 3691186 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  19. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 403848 · Violation 2946779 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  20. ViolationCLIP VIOLATION NOTICE

    Case 403848 · Violation 2946778 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  21. ViolationEXT A-MOTOR VEH MUST BE REMOV

    Case 326035 · Violation 2427669 · Code PM-302.7/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  22. ViolationCLIP VIOLATION NOTICE

    Case 326035 · Violation 2427667 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  23. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 326035 · Violation 2427668 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  24. ViolationCLIP VIOLATION NOTICE

    Case 240331 · Violation 1725607 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  25. ViolationEXT A-MOTOR VEH MUST BE REMOV

    Case 240331 · Violation 1725615 · Code PM-302.7/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  26. ViolationVACANT LOT STANDARD

    Case 240331 · Violation 1725608 · Code PM-306.0/2 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  27. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 109359 · PASSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.

  28. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 109359 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  29. ViolationVACANT LOT KEEP CLEAN GET LIC

    Case 109359 · Violation 1168332 · Code PM-306.0/91 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  30. ViolationCLIP VIOLATION NOTICE

    Case 109359 · Violation 1168331 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  31. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 109359 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  32. InvestigationL_FINAL

    Case 14946 · PASSED

    The cited inspection visit was marked passed.

  33. InvestigationL_INITIAL

    Case 14946 · CLOSED

    City marked the record closed; open the case for the closing reason.

Where this comes from

Methodology & freshness

This report was assembled Jul 23, 2026, 1:05 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)