2026 taxable assessment $13,154,006 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $21,804,400; it is not the 2026 billed-year value.
Multi-family report
2114-40 Arch St
3 stories · 115,219 sqft · CMX3 · built 1989
Investor / LLC · assessed $17M (2026) · 2027 OPA assessment $22M · 62 licensed units · sold 1×. On the 2100 block of Arch St.
Property summary
Assessment$16,891,7002026 OPA assessment · 2027: $21,804,400
Last sale$8.5MRecorded 2004
Est. tax bill$184,130/year2026 taxable assessment · full-value scenario $236,450/year · basis and term unverified
Tax delinquency—Snapshot unavailable
Permits8Dated 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
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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 8810361702026 OPA taxes $13,154,006 of $16,891,700 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →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 recordNew construction
Why it mattersbuilt new under a 2023 permit (reduced taxable assessment shown).
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
Verify the current tax bill and exemption
The 2026 taxable assessment implies about $184,130/yr, while applying the same rate to the full assessment would imply about $236,450/yr — $52,320/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.
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
2114 Arch Street Associates LP · corporate / LLC owner
• Tax bills mail to 1608 Walnut St 14th FL, Philadelphia PA, 19103
• 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
$16,891,700
2026 billed-year assessment · 2027: $21,804,400 · built 1989
Price / sq ft
$189
block $349 · below block
Appreciation
+187%
+10%/yr, city 6.5%
In 5 years (~2031)
~$22M
+10%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$184,130
0.84% effective, reduced taxable assessment
Jun 2022 tax snapshot
—
Gross yield
0.1%
≈$2K/mo rent
Times sold
1
licensed rental
Assessment vs. the block · every dated City record marked on the line
- OPA assessment · 2016$7.6M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2017$7.6M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2018$13M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2019$13M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$13M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$13M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$13M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Appeal · 2022-08-16ZBA Permit Denial - Special ExceptionA challenge or request reviewed through a City appeals process. Filing an appeal does not show who prevailed; read the decision, conditions, and related permit or violation.How Philadelphia L&I appeals work ↗
- OPA assessment · 2023$17M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$17M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$17M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$17M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$22M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
Assessment lineBlock median & rangeAssessmentAppeal
Select an icon to see everything recorded near that point.
Every dated record1 event · scroll to browse
- AppealZBA Permit Denial - Special Exception
The paper trail
New constructionbuilt new under a 2023 permit (reduced taxable assessment shown).
- 2023 Addition and/or AlterationPermitSignPermitAddition and/or AlterationPermitAddition and/or AlterationPermit
- 2024 L&I violationL&IAddition and/or AlterationPermitL&I: 1 failed, 1 passedL&I visitAddition and/or AlterationPermit
- 2025 Addition and/or AlterationsPermitAddition and/or AlterationPermit
- 2026 L&I violationL&IL&I: 1 failed, 1 passedL&I visit
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 1 dated record deeds, permits, inspections, licenses, violations, certifications & appeals
- AppealZBA Permit Denial - Special Exception
Appeal ZP-2022-004978 · Completed · Granted
Special Exemption For the erection of an addition (roof deck above the third story roof accessed from the fourth floor via new addition and existing stairways), to an existing attached structure, size and location as shown on plan/applicati
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. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $184,130/year. Applying the same 1.3998% rate to the full assessed value would imply ~$236,450/year — $52,320/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.
2026: ($16,891,700 assessed − $3,737,678 exempt) × 1.3998% ≈ $184,130/yr
full-assessment scenario: $16,891,700 × 1.3998% ≈ $236,450/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.
Stories
3
Interior
115,219 sqft
livable area
Lot
28,345 sqft
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C+
assessor's grade
ABCDE
Zoning
CMX3
city zoning code
Zoning appeals
1
Completed · Granted · 2022
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 2114-40 Arch 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 62 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 (2004) a 30-year mortgage ran about 5.84% — 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, $43,400/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
2114-40 Arch St sits on the 2100 block of Arch St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2100-12 Arch St · 2113 Arch 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, 2:31 PM 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)