Multi-family report

507 N 40th St

3 stories2,472 sqftRM1built 1920

Property at a glanceApartment building

Owner-occupancy signal

2026 assessment
$533K 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$498K2004200820122016202020242027
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. CertificationFire Alarm Certification
  2. CertificationFire Alarm Certification
  3. CertificationFire Alarm Certification
  4. CertificationFire Alarm Certification
  5. CertificationFire Alarm Certification
  6. LicenseRUSSELL & TERUKO J DICELLO: Rental landlord or residential registration initially issued
  7. LicensePENN INVESTMENT PROPERTIES LLC: Rental landlord or residential registration marked inactive
  8. PermitPlumbing
  9. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  10. InspectionPRECOURT (likely: pre-court compliance inspection)
  11. L&I violationWORKMANLIKE- ELECTRICAL CODE
  12. PermitPlumbing
  13. Deed / saleDeed / sale $295K
  14. LicensePENN INVESTMENT PROPERTIES LLC: Rental landlord or residential registration initially issued
  15. LicenseTHERESA YOUNG (JAMES S YOUNG JR): Rental landlord or residential registration marked inactive
  16. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  17. L&I violationLICENSE-RES MFD
  18. L&I violationFIRE EXTING-NEEDS INSP/TAG (Fire extinguisher needs inspection and a current service tag)
  19. L&I violationANNUAL CERT FIRE ALARM
  20. L&I violationFIRE EXTING-INSTALL R2
  21. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  22. InspectionCSUINITIAL
  23. InspectionCSUINITIAL
  24. InspectionCSUINITIAL
  25. PermitElectrical
  26. PermitElectrical
  27. PermitMechanical
  28. PermitPlumbing
  29. PermitMajor alteration
  30. L&I violationEXT A-CLEAN RUBBISH/GARBAGE (Remove rubbish or garbage from the exterior area)
  31. L&I violationEXT A-CLEAN WEEDS/PLANTS (Cut or remove weeds and overgrowth from the exterior area)
  32. L&I violationEXT A-FENCE REPR/REPLC
  33. L&I violationLICENSE-RES MFD
  34. L&I violationPROSEC- EMERG IMMED RI
  35. L&I violationPROSEC- STD INFO (likely: Standard enforcement or prosecution notice)
  36. L&I violationEXT-TREES PRUNE/REMOVE
  37. InspectionCSUINITIAL
  38. LicenseTHERESA YOUNG (JAMES S YOUNG JR): Rental landlord or residential registration initially issued

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

Verify the public record

$7,461/year estimated property tax

2026 taxable assessment $533,000 × 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 $498,200. 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 242240000
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.

Stories
3
Interior
2,472 sqft livable area
Lot
1,271 sqft
Basement
Full city code D
Exterior condition
Average city code 4
Interior condition
Average city code 4
Quality grade
C+ assessor's grade
Zoning
RM1 city zoning code

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

Block context

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

See the whole block →

Next door: 505 N 40th St  ·  509-11 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 28, 2026.

Landlord and residential filings

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

RUSSELL & TERUKO J DICELLOActive

Rental · Initial issue date Oct 13, 2011 · Filed expiration Feb 28, 2027

PENN INVESTMENT PROPERTIES LLCInactive

Rental · Initial issue date Dec 20, 2010 · Terminal license date Sep 30, 2011

THERESA YOUNG (JAMES S YOUNG JR)Inactive

Rental · Initial issue date Mar 12, 2004 · Terminal license date Dec 20, 2010

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. CertificationFire Alarm Certification

    Certification BC-2026-012143 · Certified

    Expires 2027-04-30

  2. CertificationFire Alarm Certification

    Certification BC-2025-008126 · Certified

    Expires 2026-03-19

  3. CertificationFire Alarm Certification

    Certification BC-2024-004941 · Certified

    Expires 2025-02-20

  4. CertificationFire Alarm Certification

    Certification BC-2023-001934 · Certified

    Expires 2024-01-23

  5. CertificationFire Alarm Certification

    Certification BC-2022-000086 · Certified

    Expires 2022-11-30

  6. License issue eventRUSSELL & TERUKO J DICELLO: Rental landlord or residential registration initially issued

    License 546223 · Active

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

  7. License terminal eventPENN INVESTMENT PROPERTIES LLC: Rental landlord or residential registration marked inactive

    License 521907 · Inactive

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

  8. PermitPlumbing

    Permit 349160 · COMPLETED

    HOUSE TRAP, FRESH AIR INLET, HOUSE DRAIN AND RAINWATER CONDUCTOR REPLACEMENT

  9. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 257061 · 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.

  10. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 224568 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  11. ViolationWORKMANLIKE- ELECTRICAL CODE

    Case 270217 · Violation 1969713 · Code A-104.1/3 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  12. PermitPlumbing

    Permit 314330 · COMPLETED

    3/4" WATER SERVICE... PA ONE CALL #2010-327-1826 & 1827

  13. Recorded transfer$295K transfer

    2011

  14. License issue eventPENN INVESTMENT PROPERTIES LLC: Rental landlord or residential registration initially issued

    License 521907 · Inactive

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

  15. License terminal eventTHERESA YOUNG (JAMES S YOUNG JR): Rental landlord or residential registration marked inactive

    License 219645 · Inactive

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

  16. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 257061 · 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.

  17. ViolationLICENSE-RES MFD

    Case 257061 · Violation 1896892 · Code PM-102.1/1 · COMPLIED

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

  18. ViolationFIRE EXTING-NEEDS INSP/TAG (Fire extinguisher needs inspection and a current service tag)

    Case 257061 · Violation 1896890 · Code FC-906.2/2 · COMPLIED

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

  19. ViolationANNUAL CERT FIRE ALARM

    Case 257061 · Violation 1896891 · Code FC-914.1/3 · COMPLIED

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

  20. ViolationFIRE EXTING-INSTALL R2

    Case 257061 · Violation 1896889 · Code FC-906.2/1 · COMPLIED

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

  21. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 257061 · 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.

  22. InvestigationCSUINITIAL

    Case 224568 · FAILED

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

  23. InvestigationCSUINITIAL

    Case 224568 · CLOSED

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

  24. InvestigationCSUINITIAL

    Case 224568 · FAILED

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

  25. PermitElectrical

    Permit 292359 · COMPLETED

    (1) INSTALLATION OF FIRE ALARM SYSTEM (MULTI FAMILY DWELLING), AS PER NFPA-72 (WEST DIST)

  26. PermitElectrical

    Permit 290808 · COMPLETED

    300 AMP SERVICE 3-2 1/2 AC, 3 ELECTRIC ARC, 3 ELECTRIC WATER HEATER, AS PER 2008 NEC

  27. PermitMechanical

    Permit 291878 · COMPLETED

    INSTALL THREE HEATERS AND A/C WITH RELATED DUCTWORK

  28. PermitPlumbing

    Permit 287302 · COMPLETED

    INSTALLING 2 KITCHEN SINKS AND 3 BATHROOMS, PLUMBING ROUGH

  29. PermitMajor alteration

    Permit 270217 · COMPLETED

    INTERIOR ALTERATIONS

  30. ViolationEXT A-CLEAN RUBBISH/GARBAGE (Remove rubbish or garbage from the exterior area)

    Case 224568 · Violation 1876580 · Code PM-302.2/2 · COMPLIED

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

  31. ViolationEXT A-CLEAN WEEDS/PLANTS (Cut or remove weeds and overgrowth from the exterior area)

    Case 224568 · Violation 1876581 · Code PM-302.3/1 · COMPLIED

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

  32. ViolationEXT A-FENCE REPR/REPLC

    Case 224568 · Violation 1876583 · Code PM-302.6/3 · COMPLIED

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

  33. ViolationLICENSE-RES MFD

    Case 224568 · Violation 1876582 · Code PM-102.1/1 · COMPLIED

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

  34. ViolationPROSEC- EMERG IMMED RI

    Case 224568 · Violation 1876584 · Code A-503.1/2 · COMPLIED

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

  35. ViolationPROSEC- STD INFO (likely: Standard enforcement or prosecution notice)

    Case 224568 · Violation 1876578 · Code A-503.2/2 · COMPLIED

    Legacy L&I shorthand; the case notice contains the actual required correction and deadlines. City marked this violation complied with; check the resolution date and live case for what was accepted.

  36. ViolationEXT-TREES PRUNE/REMOVE

    Case 224568 · Violation 1876579 · Code PM-312.2/1 · COMPLIED

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

  37. InvestigationCSUINITIAL

    Case 224568 · FAILED

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

  38. License issue eventTHERESA YOUNG (JAMES S YOUNG JR): Rental landlord or residential registration initially issued

    License 219645 · Inactive

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

Where this comes from

Methodology & freshness

This report was assembled Jul 29, 2026, 5:22 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)