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.
Multi-family report
1806 N 16th St
6 bd · 4 ba · 3 stories · 2,433 sqft · RM1 · built 2014
Investor / LLC · assessed $440K (2026) · 2027 OPA assessment $446K · 3 licensed units. On the 1800 block of N 16th St.
Property summary
Assessment$440,0002026 OPA assessment · 2027: $446,000
Last sale$8.8MRecorded 2024
Est. tax bill$6,159/year2026 taxable assessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits7Dated events in report
Violations0 openNo historical match in fetched records
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
Ask the questions this record raises.
Every choice opens the research chat with this property already in context. Curated questions are free.
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:
Property tax
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.
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 3210965002026 taxable assessment equals the full assessed value.
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 recordNew construction
Why it mattersbuilt new under a 2013 permit.
View supporting records →Assessment and sale price disagree hard
Why it mattersAssessed 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 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
• 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: 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
$440,000
2026 billed-year assessment · 2027: $446,000 · built 2014
Price / sq ft
$183
block $145 · above block
Appreciation
-26%
-3%/yr, city 6.5%
In 5 years (~2031)
~$445K
-3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$6,159
1.38% effective
Jun 2022 tax snapshot
—
Gross yield
2.8%
≈$1K/mo rent
Times sold
0
latest deed has shared-name parties
Assessment vs. the block · every dated City record marked on the line
This propertyBlock median & rangeAppeal
2013-07-03: Building standards appeal
Every dated record2 events · scroll to browse
- AppealBuilding standards appeal
- AppealZoning board appeal
The paper trail
New constructionbuilt new under a 2013 permit.
- 2012 Appeal grantedZoning
- 2013 Zoning/usePermitAppeal approvedZoningNew constructionPermit
- 2014 MechanicalPermitPlumbingPermitSuppressionPermitElectricalPermitPlumbingPermitL&I violationL&I
Records behind the chart
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.
Browse 2 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- AppealBuilding standards appeal
Appeal 20587 · OPEN · APPROVED
ON 5/29/13 DEPARTMENT OF LICENSES AND INSPECTIONS ISSUED NOTICE OF REFUSAL FOR APPLICATION #463893.
- AppealZoning board appeal
Appeal 19187 · OPEN · Granted
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 timeline preserves the dated City rows that matched this parcel. It is a sequence to verify, not a conclusion about present condition.
Flags: active rental license · 2 zoning/board appeals on record · latest deed has shared-name parties — relationship unverified. 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
4
Stories
3
Interior
2,433 sqft
livable area
Lot
1,485 sqft
Central air
Yes
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
A-
assessor's grade
ABCDE
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 1806 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.
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
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, $2,100/yr insurance, 1% of price/yr maintenance; taxes use this parcel's taxable assessment, not a live Tax Center balance.
Block context
1806 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: 1804 N 16th St · 1808 N 16th 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
This report was assembled Jul 9, 2026, 11:09 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)