Multi-family report

5040 Market St

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4 bd4 ba2 stories1,650 sqftCMX2built 1925

Property at a glanceApartment building

Entity-held

2026 assessment
$295K 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$250K$500KZIP 19139 (Walnut Hill · Haddington) median$377K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19139 (Walnut Hill · Haddington) medianAssessmentL&I violationPermitInspectionLicense

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 record19 events · exact dates, newest first
  1. LicenseWinfield Investments LLC: Rental landlord or residential registration initially issued
  2. PermitElectrical
  3. PermitPlumbing
  4. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  5. PermitMechanical
  6. L&I violationEXTERIOR AREA WEEDS
  7. L&I violationEXTERIOR AREA SANITATION
  8. L&I violationVACANT STRUCTURE AND LAND
  9. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  10. PermitMajor alteration
  11. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  12. L&I violationEXTERIOR AREA SANITATION
  13. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  14. PermitZoning/use
  15. PermitPlumbing
  16. PermitAddition
  17. PermitDemolition
  18. PermitZoning/use
  19. PermitUse

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

Verify the public record

$840/year estimated property tax

2026 taxable assessment $59,990 × 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 $376,800. 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 602002200
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $59,990 of $295,000 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 ~$840/year

$59,990 taxable basis

Difference to verify+$3,289/year
If the full assessment were taxable ~$4,129/year

$295,000 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: ($295,000 assessed − $235,010 exempt) × 1.3998% ≈ $840/year Full-assessment scenario: $295,000 × 1.3998% ≈ $4,129/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
4
Bathrooms
4
Stories
2
Interior
1,650 sqft livable area
Lot
1,985 sqft
Basement
Full city code D
Central air
Yes
Exterior condition
Above average city code 3
Interior condition
New / rehabbed city code 2
New / rehabbed
Quality grade
C assessor's grade
Zoning
CMX2 city zoning code

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

Recorded owner

Who's behind it

Winfield Investments LLC · corporate / LLC owner

• Owns 9 properties across Philadelphia under this name, assessed at $2.4M combined
• Tax bills mail to Po Box 21, Wynnewood PA, 19096 — outside Philadelphia
• Holds an active rental license for this address

Block context

5000 block of Market St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 5038 Market St  ·  5042 Market 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 30, 2026.

Landlord and residential filings

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

Winfield Investments LLCActive

Rental · Initial issue date May 9, 2019 · Filed expiration May 8, 2027

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 19 dated rows
  1. License issue eventWinfield Investments LLC: Rental landlord or residential registration initially issued

    License 812043 · Active

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

  2. PermitElectrical

    Permit 942398 · COMPLETED

    COMPLETE WIRING FOR TWO FAMILY DWELLING. WORK TO INCLUDE SWITCHES, OUTLETS, LIGHTING, SMOKE/CO DETECTORS, 2 @ 150AMP SERVICES WITH GROUNDING PER 2008 NEC

  3. PermitPlumbing

    Permit 936938 · COMPLETED

    INSTALLATION OF 2 W/C, 2 TUB/SHOWERS, 2 LAV SINKS, 1 SUMP PUMP, 2 K/S, 2 WASHER BOXS. THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE 2004

  4. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 659185 · 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.

  5. PermitMechanical

    Permit 926972 · COMPLETED

    INSTALL 2 HEAT PUMPS & AC UNITS WITH DUCTWORK (TWO-FAMILY)

  6. ViolationEXTERIOR AREA WEEDS

    Case 659185 · Violation 4841103 · Code PM15-302.4 · COMPLIED

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

  7. ViolationEXTERIOR AREA SANITATION

    Case 659185 · Violation 4841102 · Code PM15-302.1 · COMPLIED

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

  8. ViolationVACANT STRUCTURE AND LAND

    Case 659185 · Violation 4841101 · Code PM15-301 · COMPLIED

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

  9. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 659185 · 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.

  10. PermitMajor alteration

    Permit 873472 · COMPLETED

    FOR THE INTERIOR / EXTERIOR ALTERATIONS AND RENOVATION TO CONVERT TO TWO (2) FAMILY DWELLING AS PER PLAN.

  11. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 616572 · 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.

  12. ViolationEXTERIOR AREA SANITATION

    Case 616572 · Violation 4543031 · Code PM15-302.1 · COMPLIED

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

  13. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 616572 · 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.

  14. PermitZoning/use

    Permit 811930 · COMPLETED

    FOR THE REMOVAL OF THE BAY AND EXTERIOR STAIR AT THE STRUCTURE AS PER PLANS. INTENT TO ABANDON PERMIT# 707171 REDUCTION TO TWO FAMILY DWELLING

  15. PermitPlumbing

    Permit 778129 · COMPLETED

    REPLACE HOUSE TRAP, FAI AND MAIN INTO HOUSE PA20171151140 "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"

  16. PermitAddition

    Permit 753211 · EXPIRED

    FOR A THIRD STORY ADDITION TO STRUCTURE. LEVEL III ALTERATIONS TO A TWO STORY FOUR FAMILY DWELLING.

  17. PermitDemolition

    Permit 757209 · COMPLETED

    INTERIOR DEMO-NON-LOAD BEARING PARTITIONS ONLY

  18. PermitZoning/use

    Permit 707171 · COMPLETED

    FOR THE ERECTION OF AN ADDITION ONTO AN EXISTING SEMI-DETACHED STRUCTURE, SIZE AND LOCATION AS SHOWN ON PLANS/APPLICATION. FOR USE AS MULTI-FAMILY HOUSEHOLD LIVING (FOUR (4) DWELLING UNITS).

  19. PermitUse

    Permit 702418 · COMPLETED

    FOR A MULTI-FAMILY HOUSEHOLD LIVING ( THREE(3) DWELLING UNITS) IN AN EXISTING STRUCTURE.

Where this comes from

Methodology & freshness

This report was assembled Jul 31, 2026, 7:41 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)