Multi-family report

1804 N 16th St

6 bd · 6 ba · 3 stories · 2,433 sqft · RM1 · built 2014

Entity-held · assessed $440K (2026) · 2027 OPA assessment $446K · 3 licensed units. On the 1800 block of N 16th St.

Street view of 1804 N 16th St
From the street — imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar
BlockReport AI · cited public records

Ask what this property record means.

Open the research chat with this property already in context. Curated questions are free.

Opens the research chat · 3 custom questions per browser

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$6,159/year

2026 taxable assessment $440,000 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $446,000; 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 321096400
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

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
Finding

Assessment and sale price disagree hard

Record summary

Assessed at $446K, but it traded for $8,751,501 in 2024 — a 19.6× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

View supporting records →

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 last transfer used nominal consideration

The latest deed records $100 or less. 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’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

Irp Fund II Temple LLC · corporate / LLC owner

• Owns 16 properties across Philadelphia under this name, assessed at $7.0M combined
• Tax bills mail to 2001 M Street Nw Ste 300, Washington Dc, 20036 — outside Philadelphia
• Holds an active rental license for this address

Assessment and tax history

Every fetched annual City assessment for this building, compared with its block and ZIP. The figures show assessment change, the billed-year tax estimate, dated tax records, and recorded transfers. They do not estimate market appreciation or investment return.

Assessed value
$440,000
2026 billed-year assessment · 2027: $446,000 · built 2014
Price / sq ft
$183
block $145 · above block
Assessment change
-26%
-3%/yr since 2016 · 2027 +1% vs 2026
Est. tax bill / yr
$6,159
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
0
licensed rental

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

$0$500K$1.0MZIP 19121 median$446K201220152018202120242027
Property assessmentBlock median & rangeZIP 19121 medianAssessmentL&I violationAppealPermitLicenseCertification

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 record16 events · exact dates, newest first
  1. CertificationSprinkler Certification
  2. CertificationFire Alarm Certification
  3. LicenseRental
  4. CertificationSprinkler Certification
  5. CertificationSprinkler Certification
  6. LicenseRental
  7. PermitSuppression
  8. PermitPlumbing
  9. PermitElectrical
  10. L&I violationWORKMANLIKE- BUILDING CODE
  11. L&I violationSTOP WORK ORDER
  12. PermitMechanical
  13. PermitNew construction
  14. AppealBuilding standards appeal
  15. PermitZoning/use
  16. AppealZoning board appeal

The paper trail

new construction appears in a 2013 permit.

  1. 2012 Appeal grantedZoning
  2. 2013 Zoning/usePermitAppeal approvedZoningNew constructionPermit
  3. 2014 MechanicalPermitPlumbingPermitElectricalPermitPlumbingPermit2 L&I violationsL&ISuppressionPermit

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 17 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. CertificationSprinkler Certification

    Certification BC-2026-015095 · Certified

    Expires 2027-05-05

  2. CertificationFire Alarm Certification

    Certification BC-2025-020427 · Certified

    Expires 2026-05-09

  3. LicenseRental

    License 950630 · Active

    IRP Fund II Temple, LLC · Expires 2027-05-02

  4. CertificationSprinkler Certification

    Certification BC-2024-013456 · Certified

    Expires 2025-04-17

  5. CertificationSprinkler Certification

    Certification BC-2021-005717 · Certified

    Expires 2022-10-14

  6. LicenseRental

    License 872642 · Inactive

    1800 N. 16th LLC · Expires 2023-07-08 · Inactive 2023-09-06

  7. PermitSuppression

    Permit 531361 · COMPLETED

    INSTALLATION OF FIRE SUPPRESSION SPRINKLER SYSTEM IN ACCORDANCE WITH NFPA 13R TO INCLUDE NEW BACKFLOW PREVENTION SYSTEM AND NEW 2" SERVICE LINE.

  8. PermitPlumbing

    Permit 546383 · COMPLETED

    1" WATER DISTRIBUTION AND HOUSE TRAP AND LATERAL

  9. PermitElectrical

    Permit 537278 · COMPLETED

    NEW CONSTRUCTION 200AMP SERVICE WIRE A 3 FAMILY DWELLING BUILDING AS PER 2008 NEC (NORTH DISTRICT) INSTALL FIRE ALARM SYSTEM AS PER NFPA72

  10. PermitPlumbing

    Permit 534623 · COMPLETED

    ROUGH AND FINISH DRAINS AND WATER LINES FOR 6 FULL BATH,3 KITCHEN,1 RAIN LEADER,3 WASHERS AND 3 WATER HEATERS (3 FAMILY)

  11. ViolationWORKMANLIKE- BUILDING CODE

    Case 463892 · Violation 3164738 · Code A-104.1/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  12. ViolationSTOP WORK ORDER

    Case 463892 · Violation 3164739 · Code A-504.1/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  13. PermitMechanical

    Permit 529843 · COMPLETED

    HVAC < 2000 CFM-INSTALLATION OF 3 HVAC SYSTEMS AND ASSOCIATED DUCT WORK. SINGLE SPACE HVAC SYSTEMS HVAC / DUCTWORK ENTIRELY WITHIN THE SINGLE SPACE TENANT.NO DUCTWORK PENETRATION OF TENANT SEPARATION ASSEMBLIES ( WALLS, CEILINGS, OR ROOF ) OR COMBINING/SHARING DUCT WORK FOR MULTIPLY UNITS

  14. PermitNew construction

    Permit 463892 · COMPLETED

    FOR THE ERECTION OF A NEW THREE (3) STORY, THREE FAMILY DWELLING AS PER APPROVED PLANS AND BBS VARIANCE 20586. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING AND FIRE SUPPRESSION. **SEE A/P 463887 FOR PLANS**

  15. AppealBuilding standards appeal

    Appeal 20586 · OPEN · APPROVED

    Related permit 463892 · ON 5/29/13 DEPARTMENT OF LICENSES AND INSPECTIONS ISSUED NOTICE OF REFUSAL FOR APPLICATION #463892.

  16. PermitZoning/use

    Permit 428062 · COMPLETED

    RELOCATION OF LOT LINES TO CREATE 20' WIDE COMMON EASEMENT FOR THE ERECTION OF THREE(3) STORY THREE FAMILY DWELLINGS WITH (1) MANAGEMENT OFFICE WITH TWO PARKING STALLS.

  17. AppealZoning board appeal

    Appeal 19186 · OPEN · Granted

    Related permit 428062 · PERMIT FOR THE ERECTION OF A THREE STORY ATTACHED STRUTURE (MAXIMUM HEIGHT NTE 35 FEET) WITH CELLAR, WITH A TWO STORY PORTION EXTENDING OVER A TWENTY FEET WIDE BY TEN FEET HIGH EASEMENT, WITH BAYS ON 16TH STREET COMPLETELY OUTSIDE THE PROPE

What this record suggests

The City file documents 7 permits touching kitchen work, bathroom work, electrical work, plumbing. 7 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

Flags: active rental license · 2 zoning/board appeals on record. Informational only — not investment advice or a consumer report (FCRA).

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
2,433 sqft
livable area
Lot
1,485 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
A-
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
2
OPEN · APPROVED · 2013

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

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

Assessment and sale price disagree hard

Assessed at $446K, but it traded for $8,751,501 in 2024 — a 19.6× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

Run the numbers

What owning 1804 N 16th 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 3 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.

$8.8M
20%
6.875%
$3K/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Estimated cash needed
down + 4% planning allowance
Modeled cash flow
rent − shown costs · /mo
Modeled cap rate
modeled NOI ÷ price
Modeled cash-on-cash
modeled year-1 return

Scenario for orientation, not advice. Assumes a 30-year fixed loan, $2,100/yr insurance, 1% of price/yr maintenance, and buyer cash equal to the down payment plus 4%. Taxes use this parcel's taxable assessment, not a live Tax Center balance. Cash flow and returns exclude vacancy, management, utilities, HOA or condo fees, leasing costs, income tax, and unplanned capital work.

Block context

1804 N 16th St sits on the 1800 block of N 16th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1802 N 16th St  ·  1806 N 16th St

Where this comes from

Methodology & freshness

This report was assembled Jul 11, 2026, 4:05 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)