Multi-family report

724 N 40th St

3 stories2,325 sqftRM1built 1915

Property at a glanceApartment building

Individual, other or unknown mailing address

2026 assessment
$464K 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 19104 (University City · West Powelton) median$320K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19104 (University City · West Powelton) medianAssessmentDeed / salePermit

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. PermitAddition and/or Alteration
  2. PermitAddition and/or Alteration
  3. PermitChange of Use
  4. PermitAlterations
  5. PermitNew Construction
  6. PermitAddition and/or Alterations
  7. PermitAddition and/or Alteration
  8. PermitUse
  9. PermitInterior Non-Load-Bearing Wall Demo.
  10. Deed / saleDeed / sale $285K

Flags: historical tax ledger through 2016 recorded $208 with a lien entry. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$6,488/year estimated property tax

2026 taxable assessment $463,500 × 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 $319,600. 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 061168300
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 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 $207.78 and a lien entry. It is shown as historical context only.

2015$0.01 total · $0.00 principal · $0.00 interest · $0.00 penalty2016$207.77 total · $104.46 principal · $3.81 interest · $1.04 penalty

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
2,325 sqft livable area
Lot
2,398 sqft
Heat
Undetermined city code H
Central air
No
Garage
5 spaces
Exterior condition
Average city code 4
Interior condition
Average city code 4
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.

Block context

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

See the whole block →

Next door: 722 N 40th St  ·  726 N 40th St

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 10 dated rows
  1. PermitAddition and/or Alteration

    Permit CP-2024-001087 · Expired

    FOR LEVEL III ALTERATIONS PER APPROVED PLANS. BUILDING TO BE FULLY SPRINKLERED WITH NFPA 13R. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING, FIRE SUPPRESSION AND EXCAVATION.

  2. PermitAddition and/or Alteration

    Permit EP-2023-003986 · Expired

    Install 600 amp electrical service. Install wiring throughout. Install lighting, switches, receptacles, and smoke/co alarms as per specified engineering plans and 2017 NEC. Install new fire alarm system as per 2016 NFPA 72.

  3. PermitChange of Use

    Permit ZP-2023-007478 · Issued

    Residential - Household Living - Multi-Family

  4. PermitAlterations

    Permit PP-2023-006886 · Expired

    Install waterlines drain lines and set 18 fixtures

  5. PermitNew Construction

    Permit FP-2022-002944 · Issued

    FOR THE INSTALLATION OF A NFPA 13R SYSTEM FOR A MULTI-FAMILY DWELLING SERVICED BY A TWO (2) INCH FIRE SERVICE LINE WITH A 2-INCH WILKINS 350XL BACKFLOW PREVENTER AND AUTOMATIC FIRE SUPPRESSION SYSTEM. ALL WORK SHALL BE DONE IN ACCORDANCE WITH APPROVED PLANS/HYDRAULIC CALCULATIONS.

  6. PermitAddition and/or Alterations

    Permit MP-2021-006375 · Expired

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES For the installation of 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 hvacsystems first system located in basement gas fired 90% gas fired furnace 2-ton evaporator coil condenser located in the back yard ductwork located on basement and first floor second system located on second floor 2-ton air handler heat pump located in backyard ductwork throughout second floor third system located on third floor 2-ton air handler heat pump located on roof deck total diffusers 15

  7. PermitAddition and/or Alteration

    Permit 1038990 · Expired

    FOR EXTERIOR AND LEVEL III INTERIOR ALTERATIONS TO INCLUDE NEW WINDOWS AND NEW NON-LOADBEARING PARTITION FRAMING AND FIRE-RESISTANCE RATED SEPARATIONS PER PLANS. FOR THE REDUCTION IN THE NUMBER OF DWELLING UNITS TO A NEW TOTAL OF THREE (3) UNITS (R-2 USE & OCCUPANCY CLASSIFICATION UNCHANGED) THROUGHOUT THE EXISTING THREE (3) STORY ATTACHED STRUCTURE. BUILDING TO BE FULLY SPRINKLERED WITH A MINIMUM OF AN NFPA 13R SYSTEM. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING, AND FIRE SUPPRESSION WORK.

  8. PermitUse

    Permit 1049322 · COMPLETED

    CHANGE USE FROM FOUR(4) UNITS TO THREE(3) UNITS IN AN EXISTING THREE(3)STORY, WITH FIVE(5) EXISTING GARAGES.*NO SIGN ON THIS PERMIT.

  9. PermitInterior Non-Load-Bearing Wall Demo.

    Permit 1019384 · Completed

    EZ STANDARD LIMITED COMMERCIAL ALTERATIONS & REPAIRS- For the limited demolition and commercial alterations without submitting plans as per attached standards. Deviations from these standards require submission of construction and site plans.

  10. Recorded transfer$285K transfer

    2019

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 10:07 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)