Multi-family report

422 N 40th St

8 bd4,204 sqftRM1built 2015

Property at a glanceApartment building

Entity-held

2026 assessment
$1.1M OPA value, not a listing price
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar
Open L&I record

4 violation rows marked OPEN in 1 active case

The actual City titles, code sections, case posture, and latest recorded inspections are shown here instead of only an aggregate count.

Open City history ↗
Case CF-2025-082102

Notice Of Violation

IN VIOLATION

Opened Aug 6, 2025 · Latest inspection FAILED · Aug 6, 2025

  • Mechanical- Mechanical EquipmentPM15-603.1
  • Mechanical- Mechanical EquipmentPM15-603.1
  • Mechanical- Mechanical EquipmentPM15-603.1
  • Unapproved ConditionsF-604.6

OPEN is the status in the fetched L&I file, not a new inspection by BlockReport. Read the notice for the cited condition and required correction, then verify the live case with L&I.

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$885K201220152018202120242027
Property assessmentBlock median & rangeZIP 19104 (University City · West Powelton) medianAssessmentDeed / saleL&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 record38 events · exact dates, newest first
  1. L&I violationMECHANICAL- MECHANICAL EQUIPMENT
  2. L&I violationMECHANICAL- MECHANICAL EQUIPMENT
  3. L&I violationMECHANICAL- MECHANICAL EQUIPMENT
  4. L&I violationUNAPPROVED CONDITIONS
  5. InspectionL&I investigation
  6. CertificationFire Alarm Certification
  7. CertificationFire Alarm Certification
  8. CertificationSprinkler Certification
  9. LicensePHILADELPHIA REA ESTATE GROUP LLC.: Rental landlord or residential registration marked inactive
  10. License40th Street Investments, LLC: Rental landlord or residential registration initially issued
  11. Deed / saleDeed / sale $5.5M
  12. InspectionEP_ELEC
  13. InspectionEP_ELEC
  14. L&I violationRACEWAY-SECURE & SUPPORT
  15. L&I violationGROUND-ISOLATE SUB-FED PANEL
  16. L&I violationGROUND-SYSTEM PROPERLY
  17. L&I violationRECEPT REQ'D-WALL SPACE
  18. L&I violationNOT CONFORM TO PRC/NEC
  19. L&I violationELECTRICAL INSPECTOR
  20. L&I violationRACEWAY-SECURE & SUPPORT
  21. L&I violationGROUND-SYSTEM PROPERLY
  22. L&I violationRECEPT REQ'D-WALL SPACE
  23. L&I violationELECTRICAL AGENCY
  24. InspectionEP_ELEC
  25. InspectionEP_ELEC
  26. PermitAdministrative
  27. LicensePHILADELPHIA REA ESTATE GROUP LLC.: Rental landlord or residential registration initially issued
  28. L&I violationDEBRIS REMOVE - CONSTR
  29. PermitElectrical
  30. PermitPlumbing
  31. PermitMechanical
  32. PermitPlumbing
  33. PermitAdministrative
  34. PermitSuppression
  35. PermitAdministrative
  36. PermitNew construction
  37. PermitZoning/use
  38. PermitUse

Flags: active rental license · 4 L&I violation rows marked OPEN. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$14,808/year estimated property tax

2026 taxable assessment $1,057,900 × 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 $884,700. 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 061163650
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.”

The property, on paper

OPA physical field record.

Bedrooms
8
Interior
4,204 sqft livable area
Lot
1,782 sqft
Basement
Full, finished city code A
Heat
Forced hot air city code A
Central air
Yes
Exterior condition
Above average city code 3
Interior condition
Above average city code 3
Quality grade
B+ assessor's grade
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

40th Street Investments L · corporate / LLC owner

• Owns 5 properties across Philadelphia under this name, assessed at $4.3M combined
• Tax bills mail to 422 N 40th St, Philadelphia PA, 19104
• Holds an active rental license for this address

Block context

400 block of N 40th St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 420 N 40th St  ·  424 N 40th 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.

40th Street Investments, LLCActive

Rental · Initial issue date Sep 10, 2019 · Filed expiration Sep 9, 2026

PHILADELPHIA REA ESTATE GROUP LLC.Inactive

Rental · Initial issue date Feb 23, 2015 · Terminal license date Jun 29, 2020

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 38 dated rows
  1. ViolationMECHANICAL- MECHANICAL EQUIPMENT

    Case CF-2025-082102 · Violation VI-2025-059032 · Code PM15-603.1 · OPEN

    The individual violation row was marked open in the assembled City file; verify the live notice and any later inspection.

  2. ViolationMECHANICAL- MECHANICAL EQUIPMENT

    Case CF-2025-082102 · Violation VI-2025-059033 · Code PM15-603.1 · OPEN

    The individual violation row was marked open in the assembled City file; verify the live notice and any later inspection.

  3. ViolationMECHANICAL- MECHANICAL EQUIPMENT

    Case CF-2025-082102 · Violation VI-2025-059034 · Code PM15-603.1 · OPEN

    The individual violation row was marked open in the assembled City file; verify the live notice and any later inspection.

  4. ViolationUNAPPROVED CONDITIONS

    Case CF-2025-082102 · Violation VI-2025-059035 · Code F-604.6 · OPEN

    The individual violation row was marked open in the assembled City file; verify the live notice and any later inspection.

  5. InvestigationL&I investigation

    Case CF-2025-082102 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  6. CertificationFire Alarm Certification

    Certification BC-2025-020380 · Certified

    Expires 2026-07-10

  7. CertificationFire Alarm Certification

    Certification BC-2024-021571 · Certified

    Expires 2025-07-19

  8. CertificationSprinkler Certification

    Certification BC-2023-012234 · Certified

    Expires 2024-05-31

  9. License terminal eventPHILADELPHIA REA ESTATE GROUP LLC.: Rental landlord or residential registration marked inactive

    License 656019 · Inactive

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

  10. License issue event40th Street Investments, LLC: Rental landlord or residential registration initially issued

    License 823340 · Active

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

  11. Recorded transfer$5.5M transfer

    2019

  12. InvestigationEP_ELEC

    Case 472837 · PASSED

    The cited inspection visit was marked passed.

  13. InvestigationEP_ELEC

    Case 472838 · PASSED

    The cited inspection visit was marked passed.

  14. ViolationRACEWAY-SECURE & SUPPORT

    Case 472837 · Violation 3506600 · Code E-1201.1/301 · COMPLIED

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

  15. ViolationGROUND-ISOLATE SUB-FED PANEL

    Case 472837 · Violation 3506599 · Code E-1201.1/234 · COMPLIED

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

  16. ViolationGROUND-SYSTEM PROPERLY

    Case 472837 · Violation 3506598 · Code E-1201.1/229 · COMPLIED

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

  17. ViolationRECEPT REQ'D-WALL SPACE

    Case 472837 · Violation 3506597 · Code E-1201.1/207 · COMPLIED

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

  18. ViolationNOT CONFORM TO PRC/NEC

    Case 472837 · Violation 3506596 · Code E-1201.1/1 · COMPLIED

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

  19. ViolationELECTRICAL INSPECTOR

    Case 472838 · Violation 3506611 · Code 09-1305(3) · COMPLIED

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

  20. ViolationRACEWAY-SECURE & SUPPORT

    Case 472838 · Violation 3506614 · Code E-1201.1/301 · COMPLIED

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

  21. ViolationGROUND-SYSTEM PROPERLY

    Case 472838 · Violation 3506613 · Code E-1201.1/229 · COMPLIED

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

  22. ViolationRECEPT REQ'D-WALL SPACE

    Case 472838 · Violation 3506612 · Code E-1201.1/207 · COMPLIED

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

  23. ViolationELECTRICAL AGENCY

    Case 472838 · Violation 3506610 · Code 09-1304(3) · COMPLIED

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

  24. InvestigationEP_ELEC

    Case 472837 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  25. InvestigationEP_ELEC

    Case 472838 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  26. PermitAdministrative

    Permit 595990 · COMPLETED

    AMEND AP# 545823 TO INCLUDE THE NEW FIRE ALARM SYSTEM AS PER NFPA72 (WEST DISTRICT)

  27. License issue eventPHILADELPHIA REA ESTATE GROUP LLC.: Rental landlord or residential registration initially issued

    License 656019 · Inactive

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

  28. ViolationDEBRIS REMOVE - CONSTR

    Case 449519 · Violation 3305383 · Code A-104.1/5 · COMPLIED

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

  29. PermitElectrical

    Permit 545823 · COMPLETED

    NEW CONSTRUCTION,FULL REWIRE AS PER NEC

  30. PermitPlumbing

    Permit 544819 · COMPLETED

    CT,FAI,LATERAL AND WATER SERVICE PA20141421323 (MULTI FAMILY)"SELF-CERTIFICATION'S ARE NO LONGER PERMITTED" - "ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION

  31. PermitMechanical

    Permit 542501 · COMPLETED

    INSTALLATION OF (4) 2-TON HEAT PUMP SYSTEMS (INCLUDING DUCTWORK / AIR HANDLERS AND ASSOCIATED ACCESSORIES). NO PENETRATION OF FIRE RATED WALLS. SELF-CONTAINED UNITS. FOUR FAMILY DWELLING

  32. PermitPlumbing

    Permit 535816 · COMPLETED

    INSTALL NEW DRAIN AND WATER LINES FOR 8 TOILETS,8 TUBS,8 LAV SINKS,4 KITCHEN AND 4 LAUNDRY (MULTI FAMILY)

  33. PermitAdministrative

    Permit 538147 · COMPLETED

    TO AMEND PERMIT #449519 TO PROVIDE VINYL SIDING ON ALL EXTERIOR WALLS (INCLUDING PILOTHOUSE) WHERE STUCCO WAS PREVIOUSLY APPROVED.

  34. PermitSuppression

    Permit 537682 · COMPLETED

    FOR THE INSTALLATION OF A TWO (2) INCH FIRE SERVICE LINE W. BACKFLOW PREVENTOR (BFP) ASSEMBLY AND FOR INSTALLATION OF A FIRE SUPPRESSION SYSTEM AS PER NFPA 13R. ALL WORK SHALL BE DONE IN ACCORDANCE WITH APPROVED PLANS & HYDRAULIC CALCULATIONS.

  35. PermitAdministrative

    Permit 467632 · COMPLETED

    AMEND PERMIT NUMBER 449519. AMEND FOUNDATION DESIGN ALONG FOUNDATION OF EXISTING BUILDING AS PER PLAN. ANY UNDERPINNING WILL REQUIRE SEPARATE PERMIT.

  36. PermitNew construction

    Permit 449519 · COMPLETED

    FOR THE ERECTION OF A FOUR STORY, FOUR FAMILY DWELLING WITH ROOFDECK AS PER PLANS. BUILDING TO BE FULLY SPRINKLERED. FOR ISSUANCE OF CERTIFICATE OF OCCUPANCY.

  37. PermitZoning/use

    Permit 428580 · COMPLETED

    FOR THE ERECTION OF A FOUR STORY FOUR FAMILY DWELLING, WITH CELLAR /ROOF DECK

  38. PermitUse

    Permit 428560 · COMPLETED

    FOR USE AS A VACANT LOT

Where this comes from

Methodology & freshness

This report was assembled Jul 28, 2026, 6:07 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)