Multi-family report

2120 N Franklin St

6 bd · 3 stories · 2,841 sqft · RM1 · built 2019

Owner-occupied · assessed $651K · 2 licensed units · sold 2×. On the 2100 block of N Franklin St.

Street view of 2120 N Franklin St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $26K in 2017, built new under a 2018 permit, sold for $525K in 2020.

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 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 own it

2 open violations: the clock matters

L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.

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 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
$651K
built 2019
Price / sq ft
$229
block $214 · above block
Appreciation
+10233%
+52%/yr, city 6.5%
In 5 years (~2031)
~$668K
+52%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$8K
1.18% effective
Gross yield
2.1%
≈$1K/mo rent
Times sold
2
kept in the family

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

$0$500K$1.0M2017: Land $26K2018: Zoning/use 2018: Administrative2019: Electrical 2019: New Construction 2019: New Construction 2019: New Construction 2019: Plumbing 2019: Alterations2020: Sold $525K2026: 2 L&I violations 2026: Inspection failed ×3$651K201620222027
This houseBlock median & rangeSaleLand buyL&I violationPermit

The paper trail

Bought for $26K in 2017, built new under a 2018 permit, sold for $525K in 2020.

  1. 2017 $26KLand buy
  2. 2018 Zoning/usePermitAdministrativePermit
  3. 2019 ElectricalPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermitPlumbingPermitAlterationsPermit
  4. 2020 $525KSold
  5. 2026 2 L&I violationsL&IInspection failed ×3L&I visit

Flags: active rental license · 2 open L&I violations · 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.

Bedrooms
6
Stories
3
Interior
2,841 sqft
livable area
Lot
991 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
Zoning
RM1
city zoning code

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

Run the numbers

What owning 2120 N Franklin St takes, at your price and your rate. Taxes are this building's actual bill from the city record; 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.

$651K
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 from this parcel's record.

Block context

2120 N Franklin St sits on the 2100 block of N Franklin St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2118 N Franklin St  ·  2122 N Franklin St

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)