Philadelphia property report

0 block of N 23rd St

An investor-heavy block: 100% of the parcels are held by LLCs or companies, with 5 open code violations.

The typical home here is up 484% since 2016, now about $117M. Property taxes are climbing about 5% a year though the increases have eased lately.

Every parcel on the block, colored by who owns it. Tap a parcel for the owner and its city record.
The readRecord analysis · from the figures below
  1. 01
    Ownership

    Every structure on this block is investor-owned rental housing, with zero owner-occupied units.

  2. 02
    Abatements

    The two structures receive $2.9M in annual tax abatements despite a $117M median valuation.

  3. 03
    Zoning

    Twelve zoning appeals were filed for just two structures, an average of six per parcel.

By the Numbers

Median value
$117M
$111M–$122M
ZIP median $603K
Price / sq ft
$425
typical home
city median $181
Vs. Philadelphia
508.0×
the city median
city $230K
Tax / yr
$163K
typical · up to $163K
city ≈$3K/yr
Major assessment exemptions
2 of 2
$2.9M/yr estimated reduction
Owner-occupied
0%
0 of 2
city 48%
Rentals
100%
2 licensed
city 15% of homes
Open violations
5
L&I code
▲ block 100% · city 5%
Tax delinquency · Jun 2022
No match
no parcels listed in snapshot
▼ block 0% · city 9%
Zoning appeals
12
2 homes · ZBA & boards
block 100% · city 5%

How fast it's moving

1 year
+2%
value · tax +$4K
5 years
+37%
value · tax −$775K
10 years
+484%
value · tax −$116K

Assessed-value change for the typical home. Philadelphia taxes a flat 1.3998% of value, so the bill moves with it.

How the block compares

The typical parcel here is $117M — about 508.0× the citywide median home, and above the ZIP 19103 median of $603K. The same block, read against everyone else in the ZIP 19103 and across Philadelphia.

This blockZIP 19103Philadelphia
Median parcel value (ZIP/city: homes)$117M$603K$230K
Owner-occupied0%33%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 45 reported crimes (about 4 a month, 29% of them violent) and 145 resident 311 requests to the city. A busy commercial corridor logs far more than a quiet residential block, so read this against nearby blocks, not the citywide total.

Crimes · 12mo
45
about 4/month · 29% violent
311 requests · 12mo
145
about 12/month · 17 open

Most reported crimes

Thefts12
Other Assaults11
Vandalism/Criminal Mischief5
Theft from Vehicle4
Fraud3
Motor Vehicle Theft3

Top 311 complaints

Rubbish/Recyclable Material Collection22
Graffiti Removal16
Maintenance Complaint16
Street Light Outage15
Salting14
Information Request12

Philadelphia Police incident reports and 311 service requests within 200m, trailing 12 months. Reported location, not necessarily where an incident occurred.

Schools

The public schools this block is zoned for — its official School District of Philadelphia catchments.

Elementary & Middle · K-8
Albert M Greenfield
2200 Chestnut St · 757 students
High · 9-12
Benjamin HS Franklin
616 N 15th St · 975 students

Catchment assignments from the School District of Philadelphia via City of Philadelphia open data. Confirm with the District before enrollment decisions.

What it's worth, and where taxes are going

Median assessed value · 2016–2027

$0$100M$200M$117M2016: $20M2017: $20M2020: $45M2021: $63M2022: $85M2023: $112M2024: $112M2025: $114M2026: $114M2027: $117M2016202020232027

▲ +484% since 2016

Estimated property tax · per home, per year

$0$500,000$1,000,000$163,2572016: $279,4072017: $279,4072020: $158,7512021: $159,5212022: $938,0772023: $724,6582024: $157,3822025: $159,6512026: $159,6512027: $163,2572016202020232027

▼ -42% since 2016 · ~-5%/yr

2
2 properties on this block show a material assessment exemption. At the current rate, the difference between full and taxable assessments reduces the block's annual estimate by about $2,938,646. OPA's numeric split does not establish whether any row is Homestead, an abatement, another program, or when treatment changes.

The block as an asset

Read like a financial asset, this block has beaten the Philadelphia market, compounding +17.4% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

95100100020162019202220252027This block 584 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $584 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+17.4%/yr
price, since 2016
Total appreciation
+484%
since 2016
Net rental yield
est., after tax carry
Total return
+17.4%/yr
price + net rent
Real return
+14.4%/yr
after ~3% inflation
vs. Philadelphia
+10.9 pts
market 6.5%/yr

Return is from assessed-value history (a proxy for market price, lumpy in reassessment years); rental yield is estimated from ACS area rents. Informational only, not investment advice.

How often it changes hands

This block has recorded 4 arm's-length sales since 2006. The typical home has sold 2 times in that window, while 1 has not changed hands at all.

Every recorded sale · price & date

$0$25M$50M20062008201020122014
4arm's-length sales since 2006
2times the typical home has sold
4most sales for a single property
1homes never sold in the window

Who owns it

Ownership of 2 parcels

Investor / LLC: 2 2parcels
  • Investor / LLC 2

Value distribution today

1 parcels0 parcels0 parcels0 parcels0 parcels0 parcels1 parcels
$111M$111M+
OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
30 North 23rd Street Associates LLC11$111MC/O Pmc Property Group 1608 Walnut Street Suite 1400, Philadelphia PA, 19103phila.gov ↗ · registry ↗
60 North 23rd Street Associates LP11$122M1608 Walnut St Ste 1400, Philadelphia PA, 19103phila.gov ↗ · registry ↗

The mailing address is where the assessor sends the tax bill — for an LLC, often the closest public record gets to the person behind it. "Registry" searches the owner's name in state incorporation records (OpenCorporates).

House by house

All 2 homes on the block — value trajectory, ownership, and the paper trail assembled from the fetched public datasets. Sorted up the street; each links to its property report and official sources — or download the roster (CSV).

Every house's assessed value, 2016–2027 — each line is one home

$0$100M$200M201620182020202220242026Block median
Each houseNew build / flipBlock median
AddressOwnershipValue & trendSq ftBuiltSalesFlags
30 N 23RD ST Vacant lot built new under a 2024 permit (reduced taxable assessment shown). Investor / LLC $111M 261,350 2022 0 licensed rentalassessment exemption · basis unverified3 viol
60 N 23RD ST Vacant lot built new under a 2023 permit (reduced taxable assessment shown). Investor / LLC $122M 4 licensed rentalassessment exemption · basis unverified2 viol

Neighborhood

Median income
$-667M
household
Own vs. rent
0%
owner-occupied
Median age
31.4
residents
Median rent
$3K
gross monthly

Generated 2026-07-10 from public City of Philadelphia records  ·  Download this block's data (CSV)

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 11:36 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. “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.