The property story
Why it mattersReading this property’s deeds, permits and assessments…
View supporting records →Multi-family report
1224 N 26th St
2 bd · 2 ba · 3 stories · 3,415 sqft · RSA5 · built 2020
Investor / LLC · assessed $534K. On the 1200 block of N 26th St.
Property summary
Assessment$534KCity assessed value
Last sale—No sale value available
Est. annual tax$1K/yearAssessment × 1.3998%
Tax delinquency$6KCity snapshot · Jun 2022
Permits—Record unavailable
ViolationsNone openNo open L&I cases
Historical tax record
Verify the current balance before relying on it.
$6K was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.
Verify current balance with Philadelphia Revenue →What stands out
From the public recordWhat to do with this
The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.
If you’re buying
The tax bill is temporary
Today's $1,495/yr reflects a 10-year abatement. It jumps to about $7,475/yr in 2031 — $5,980/yr more. Price the full bill, not the current one.
Multiple units in RSA5, a single-family district
The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as multiple rents.
If you own it
$6,026 in the June 2022 delinquency snapshot
The City recorded this amount in June 2022. It may since have been paid, reduced, or increased; verify the current balance directly with Philadelphia Revenue.
If you’re the landlord
No active rental license on file
If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.
Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.
Who's behind it
Gkor Holding Co LLC · corporate / LLC owner
Nothing beyond the deed name in the assessor's record. Ask a cited question to research the owner's public property record.
The investment read
How this building has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.
Assessed value
$534K
built 2020
Price / sq ft
$156
block $158 · in line w/ block
Appreciation
+722%
+35%/yr, city 6.5%
In 5 years (~2031)
~$543K
+35%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Jun 2022 tax snapshot
$6K
delinquency recorded then · verify current
Gross yield
4.2%
≈$2K/mo rent
Times sold
0
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & range
Flags: tax-abated — the bill lags real value · $6K recorded in the June 2022 delinquency snapshot — verify current balance. Informational only — not investment advice or a consumer report (FCRA).
The abatement clock
This house pays about $1,495/yr under a 10-year tax abatement. In 2031 the bill reaches its full ~$7,475/yr — a step up of $5,980/yr, 4 assessment years out. Drag the slider.
now: ($534,000 assessed − $427,199 abated) × 1.3998% ≈ $1,495/yr
2031: $534,000 assessed × 1.3998% ≈ $7,475/yr
Flat 100% exemption (pre-2022 program, started 2021), then the cliff — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.
The house, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Bedrooms
2
Bathrooms
2
Stories
3
Interior
3,415 sqft
livable area
Lot
1,078 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Garage
1 space
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Zoning
RSA5
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 1224 N 26th St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.
Mortgage
—
P&I · 30-yr fixed
All-in monthly
—
+ taxes & insurance
Cash to close
—
down + ~4% costs
Cash flow
—
rent − all costs · /mo
Cap rate
—
NOI ÷ price
Cash-on-cash
—
year-1 return on cash in
Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).
Block context
1224 N 26th St sits on the 1200 block of N 26th St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 1224 N 26th St · 1224 N 26th St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.
First time here?
This is 1224 N 26th St,
on paper.
Built 2020. Every deed, permit, L&I visit, tax bill and sale for this house — plus its whole block.
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The whole record is free.
Permits, violations, taxes, deeds, ownership, and block context are all here. The public record is free to read; membership is for deeper research.
Three taps, you're oriented
What to catch on the way down.
On the way down: the story of the house, its paper trail drawn on the value chart, and run-the-numbers, a calculator seeded with this house's actual tax bill.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)