Multi-family report

5116 Delancey St

4 bd3 ba2 stories1,220 sqftRSA6built 1925

Property at a glanceMulti-family

Entity-held

2026 assessment
$329K 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 19143 (Cedar Park · Kingsessing) median$446K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19143 (Cedar Park · Kingsessing) medianAssessmentDeed / salePermitLicense

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 record10 events · exact dates, newest first
  1. LicenseAkal Investments (Akal Investments): Rental landlord or residential registration initially issued
  2. PermitAddition and/or Alterations
  3. PermitAddition and/or Alteration
  4. PermitAlterations
  5. PermitAddition and/or Alteration
  6. PermitAddition and/or Alteration
  7. PermitChange of Use
  8. Deed / saleDeed / sale $120K
  9. PermitAlterations
  10. PermitAddition and/or Alteration

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

$1,625/year estimated property tax

2026 taxable assessment $116,118 × 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 $446,000. 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 602119400
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $116,118 of $329,000 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 ~$1,625/year

$116,118 taxable basis

Difference to verify+$2,980/year
If the full assessment were taxable ~$4,605/year

$329,000 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: ($329,000 assessed − $212,882 exempt) × 1.3998% ≈ $1,625/year Full-assessment scenario: $329,000 × 1.3998% ≈ $4,605/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
3
Stories
2
Interior
1,220 sqft livable area
Lot
912 sqft
Basement
Full, finished city code A
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
RSA6 city zoning code

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

Recorded owner

Who's behind it

Akal Investments LLC · corporate / LLC owner

• Owns 39 properties across Philadelphia under this name, assessed at $9.5M combined
• Tax bills mail to 1045 S Dorrance, Philadelphia PA, 19146
• Holds an active rental license for this address

Block context

5100 block of Delancey St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 5114 Delancey St  ·  5118 Delancey 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.

Akal Investments (Akal Investments)Active

Rental · Initial issue date Feb 4, 2024 · Filed expiration Feb 3, 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 10 dated rows
  1. License issue eventAkal Investments (Akal Investments): Rental landlord or residential registration initially issued

    License 943421 · Active

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

  2. PermitAddition and/or Alterations

    Permit MP-2023-001558 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- For the installation if New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans.

  3. PermitAddition and/or Alteration

    Permit EP-2023-001391 · Completed

    Install new 200amp service with 2 electrical meters gang (1 meter for 1st floor apartment, 1 meter for 2nd floor apartment). Complete new wiring, outlets, switches, and lighting for 2 apartment units as per 2017 NEC.

  4. PermitAlterations

    Permit PP-2023-000413 · Completed

    EZ PLUMBING PERMIT - Plumbing alterations throughout an existing single-family dwelling. Install with piping, 3 water closets/urinals, 3 Lavatory Sinks, 3 tubs/showers, 1 kitchen sink, and 1 Hot Water Heater, as per the 2018 Philadelphia Plumbing Code. Combo with RP-2022-012792.

  5. PermitAddition and/or Alteration

    Permit RP-2022-012792 · Completed

    replacement of basement floor, details as shown in the plan. no other work included in this Applicaiton, see permit RP-2022-004437 for complete work details.

  6. PermitAddition and/or Alteration

    Permit RP-2022-004437 · Completed

    For interior alterations throughout to convert an existing attached structure for the use as Two-Family Household Living. Separate permits required for all associated MEP work. Basement to remain non-habitable/storage and utilities only. NO SLEEPING ROOMS ON THE BASEMENT LEVEL. Amend Permit 4/20/2023 to change special inspection agency.

  7. PermitChange of Use

    Permit ZP-2022-003214 · Issued

    Residential - Household Living - Two-Family

  8. Recorded transfer$120K transfer

    2022

  9. PermitAlterations

    Permit 974747 · Expired

    INSTALL PVC DRAIN PIPE & COPPER SUPPLY LINES TO 3 FIXTURES/BATHROOM: STALL SHOWER, WATER CLOSET, LAV, INSTALLATION WILL COMPLY WITH PHILADELPHIA PLUMBING CODE 2004

  10. PermitAddition and/or Alteration

    Permit 974960 · Expired

    EZ PERMIT STADARD ALTERATIONS- For alterations to an existing one family dwelling as per attached standard. Deviations from this standard will result in permit revocation and require submission of construction plans.STRUCTURAL ALTERATION OR REPAIR IS EXPRESSLY PROHIBITED UNDER THIS PERMIT. PROHIBITED STRUCTURAL WORK INCLUDES ANY MODIFICATION TO EXTERIOR WALLS, PARTY WALLS, FLOOR/ROOF, FRAMING OR FOUNDATIONS; UNDERPINNING AND EXCAVATIONS (I.E. DIGGING IN BASEMENT)

Where this comes from

Methodology & freshness

This report was assembled Jul 31, 2026, 12:38 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)