Multi-family report

1623 S 20th St

6 bd · 6 ba · 3 stories · 2,268 sqft · RSA5 · built 2019

Investor / LLC · assessed $589K (2026) · 2027 OPA assessment $412K · 2 licensed units. On the 1600 block of S 20th St.

Street view of 1623 S 20th St
From the street — imagery © Google
From above — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

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

Question or correct this record

BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$1,649/year

2026 taxable assessment $117,800 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $411,800; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 363232500
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $117,800 of $589,400 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$8,250/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources No current conclusion

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record

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

Verify the current tax bill and exemption

The 2026 taxable assessment implies about $1,649/yr, while applying the same rate to the full assessment would imply about $8,250/yr — $6,601/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.

The multi-unit use has a zoning appeal on record

Appeal #30995 was granted in 2017 for permit for a complete demolition and a new construction of an attached building with a roof deck and a roof access structure for use as a two family household living; the City row still reports status OPEN. Verify the registered use and certificate of occupancy with L&I instead of assuming the use predates the code.

The last transfer used nominal consideration

The latest deed records $100 or less and shared-name parties. That is not a usable market-sale price and can reflect a family, estate, gift, correction, or entity transfer. Inspect the deed and order a title search rather than inferring the relationship or chain.

If you own it

Construction next door (1624 S 20th St, 2024)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

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 the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.

Who's behind it

David Holdings LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $1.4M combined
• Tax bills mail to 1816 Kater St, Philadelphia PA, 19146
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

The investment read

How this building has moved and where it's pointed: every fetched annual City assessment, charted against its block and ZIP; appreciation includes the full-period compound rate and the latest year-over-year change. The 5-year figure simply extends that historical pace. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$589,400
2026 billed-year assessment · 2027: $411,800 · built 2019
Price / sq ft
$182
block $195 · below block
Appreciation
+3610%
+39%/yr since 2016 · 2027 -30% vs 2026
In 5 years (~2032)
~$2.1M
+39%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$1,649
0.4% effective, reduced taxable assessment
Jun 2022 tax snapshot
Gross yield
3.9%
≈$1K/mo rent
Times sold
0
latest deed has shared-name parties

Assessment vs. the block and ZIP · every dated City record marked on the line

$0$500K$1.0MZIP 19145 median$412K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19145 medianAssessmentAppeal

Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Every dated record1 event · exact dates, newest first
  1. AppealZoning board appeal

The paper trail

built new under a 2018 permit (reduced taxable assessment shown).

  1. 2014 Inspection failed ×4L&I visit
  2. 2015 L&I: 2 failed, 1 passedL&I visit
  3. 2017 2 L&I violationsL&IAppeal grantedZoning
  4. 2018 Zoning admin reviewPermitNew constructionPermit
  5. 2019 SuppressionPermitElectricalPermitMechanicalPermitAdministrativePermitPlumbingPermitPlumbingPermit

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 1 dated record deeds, permits, inspections, licenses, violations, certifications & appeals
  1. AppealZoning board appeal

    Appeal 30995 · OPEN · Granted

    PERMIT FOR A COMPLETE DEMOLITION AND A NEW CONSTRUCTION OF AN ATTACHED BUILDING WITH A ROOF DECK AND A ROOF ACCESS STRUCTURE FOR USE AS A TWO FAMILY HOUSEHOLD LIVING

What this record suggests

The timeline preserves the dated City rows that matched this parcel. It is a sequence to verify, not a conclusion about present condition.

Flags: material assessment exemption — legal basis and term unverified · active rental license · 1 zoning/board appeal on record · latest deed has shared-name parties — relationship unverified. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $1,649/year. Applying the same 1.3998% rate to the full assessed value would imply ~$8,250/year$6,601/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.

2016: ~$155/yr2017: ~$602/yr2018: ~$602/yr2019: ~$602/yr2020: ~$602/yr2021: ~$1,526/yr2022: ~$1,526/yr2023: ~$1,650/yr2024: ~$1,650/yr2025: ~$1,649/yr2026: ~$1,649/yr20162026
2026~$1,649/yrestimated from assessment

2026: ($589,400 assessed − $471,597 exempt) × 1.3998% ≈ $1,649/yr full-assessment scenario: $589,400 × 1.3998% ≈ $8,250/yr The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.

The property, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
6
Bathrooms
6
Stories
3
Interior
2,268 sqft
livable area
Lot
1,088 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
C
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
OPEN · Granted · 2017

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

Run the numbers

What owning 1623 S 20th 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 2 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.

$412K
20%
6.875%
$2K/mo
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 use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance.

Block context

1623 S 20th St sits on the 1600 block of S 20th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1621 S 20th St  ·  1625 S 20th St

Where this comes from

Methodology & freshness

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