Multi-family report

1528 N Marshall St

8 bd · 8 ba · 3 stories · 4,953 sqft · RM1 · built 2018

Investor / LLC · assessed $1.3M · 4 licensed units · sold 1×. On the 1500 block of N Marshall St.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 1528 N Marshall St
From the street — imagery © Google
From above — imagery © Esri, Maxar

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $115K in 2017, built new under a 2017 permit (tax-abated).

View supporting records →

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagAssessment/permit mismatch

The assessment jumped 84% in 2025, but no matching permit appears in the property timeline.

Evidence: assessment moved from $653,400 to $1,200,000 · no permit shown in 2024-2026

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

What 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 current tax estimate is temporary

The taxable assessment implies about $3,560/yr under a 10-year abatement. It jumps to about $17,803/yr in 2029 — $14,243/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

If you’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

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

Marshall Street LLC · corporate / LLC owner

• Tax bills mail to 37 Holecomb Dr, Philadelphia PA, 19122
• Holds an active rental license for this address

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
$1.3M
built 2018
Price / sq ft
$257
block $257 · in line w/ block
Appreciation
+10156%
+52%/yr, city 6.5%
In 5 years (~2031)
~$1.3M
+52%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$4K
0.28% effective, abated
Jun 2022 tax snapshot
Gross yield
1.1%
≈$1K/mo rent
Times sold
1
licensed rental

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$1.0M$2.0MBefore this chart — 2009: 2 L&I violations 2011: 2 L&I violations2016: 2 L&I violations2017: Land $115K 2017: Zoning/use2018: Appeal approved 2018: New construction 2018: Suppression 2018: Plumbing 2018: Plumbing 2018: Mechanical 2018: Electrical$1.3M201620222027
This houseBlock median & rangeLand buyL&I violationZoningPermit

The paper trail

Bought for $115K in 2017, built new under a 2017 permit (tax-abated).

  1. 2009 2 L&I violationsL&I
  2. 2011 2 L&I violationsL&I
  3. 2016 2 L&I violationsL&I
  4. 2017 $115KLand buyZoning/usePermit
  5. 2018 Appeal approvedZoningNew constructionPermitSuppressionPermitPlumbingPermitPlumbingPermitMechanicalPermitElectricalPermit

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $3,560/yr under a 10-year tax abatement. In 2029 the assessment-based estimate reaches ~$17,803/yr — a step up of $14,243/yr, 2 assessment years out. Drag the slider.

2016: ~$174/yr2017: ~$543/yr2018: ~$543/yr2019: ~$2,607/yr2020: ~$2,607/yr2021: ~$2,607/yr2022: ~$2,607/yr2023: ~$2,607/yr2024: ~$2,607/yr2025: ~$3,360/yr2026: ~$3,360/yr2027: ~$3,560/yr2028: ~$3,560/yr (projected)2029: ~$17,803/yr (projected)2030: ~$17,803/yr (projected)201620292030
2027~$3,560/yrestimated from assessment

now: ($1,271,800 assessed − $1,017,478 abated) × 1.3998% ≈ $3,560/yr 2029: $1,271,800 assessed × 1.3998% ≈ $17,803/yr Flat 100% exemption (pre-2022 program, started 2019), 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
8
Bathrooms
8
Stories
3
Interior
4,953 sqft
livable area
Lot
1,942 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
A
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
approved 2018

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

Run the numbers

What owning 1528 N Marshall St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at 4 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$1.3M
20%
6.875%
$4K/mo

When this house last sold (2019) a 30-year mortgage ran about 3.94% — Freddie Mac's average that year.

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, $2,800/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Block context

1528 N Marshall St sits on the 1500 block of N Marshall St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1526 N Marshall St  ·  1530 N Marshall St

Where this comes from

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.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)