Multi-family report

1823 Fairmount Ave

3 stories · 2,671 sqft · RM1 · built 1920

Absentee individual · assessed $770K · 4 licensed units. On the 1800 block of Fairmount Ave.

Street view of 1823 Fairmount Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

History

Why it matters

4 L&I violations (2008); Inspection failed (2008); Inspection passed (2009); Appeal denied (2018).

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

Built 1920: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you’re the landlord

Lead certificate is not optional

Built 1920: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

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.

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
$770K
built 1920
Price / sq ft
$288
block $329 · below block
Appreciation
+76%
+5%/yr, city 6.5%
In 5 years (~2031)
~$772K
+5%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$11K
1.4% effective
Gross yield
3%
≈$2K/mo rent
Times sold
0
kept in the family

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

$0$500K$1.0MBefore this chart — 2008: 4 L&I violations 2008: Inspection failed 2009: Inspection passed2018: Appeal denied$770K201620222027
This houseBlock median & rangeZoningPermit

The paper trail

4 L&I violations (2008); Inspection failed (2008); Inspection passed (2009); Appeal denied (2018).

  1. 2008 4 L&I violationsL&IInspection failedL&I visit
  2. 2009 Inspection passedL&I visit
  3. 2018 Appeal deniedZoning

Flags: active rental license · 1 zoning/board appeal on record · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

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

Stories
3
Interior
2,671 sqft
livable area
Lot
1,700 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Central air
Yes
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B-
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
denied 2018

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

Run the numbers

What owning 1823 Fairmount Ave takes, at your price and your rate. Taxes are this building's actual bill from the city record; 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.

$770K
20%
6.875%
$6K/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, $2,800/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

1823 Fairmount Ave sits on the 1800 block of Fairmount Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1821 Fairmount Ave  ·  1825 Fairmount Ave

Where this comes from

Methodology & freshness

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — 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)