Multi-family report

2329 Frankford Ave

3 stories · 2,310 sqft · CMX2 · built 1875

Investor / LLC · assessed $531K (2026) · 2027 OPA assessment $591K · 4 licensed units · sold 2×. On the 2300 block of Frankford Ave.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

Street view of 2329 Frankford Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

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$7,437/year

2026 taxable assessment $531,300 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $590,900; 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 311165729
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

New construction

Why it matters

Bought for $55K in 2004, built new under a 2021 permit, sold for $200K in 2016.

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 1875: 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.

If you’re the landlord

Lead certificate is not optional

Built 1875: 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 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

Coal Truck Enterprises LLC · corporate / LLC owner

• Tax bills mail to Po Box 4098, Philadelphia PA, 19127
• 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
$531,300
2026 billed-year assessment · 2027: $590,900 · built 1875
Price / sq ft
$256
block $186 · above block
Appreciation
+0%
+0%/yr, city 6.5%
In 5 years (~2031)
~$591K
+0%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$7,437
1.26% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
4%
≈$2K/mo rent
Times sold
2
licensed rental

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

$0$500K$1.0MBefore this chart — 2004: Sold $55K2016: Sold $200K2021: Addition and/or Alteration 2021: Certificate of Occupancy (CO) (may inclu… 2021: New Construction 2021: Alterations 2021: Addition and/or Alteration 2021: 12 L&I violations 2021: Addition and/or Alteration 2021: L&I: 4 failed, 3 passed 2021: Alterations$531K201620182020202220242026
This houseBlock median & rangeSaleL&I violationPermit
Highlight

The paper trail

Bought for $55K in 2004, built new under a 2021 permit, sold for $200K in 2016.

  1. 2004 $55KSold
  2. 2016 $200KSold
  3. 2021 Addition and/or AlterationPermitCertificate of Occupancy (CO) (may inclu…PermitNew ConstructionPermitAlterationsPermitAddition and/or AlterationPermit12 L&I violationsL&IAddition and/or AlterationPermitL&I: 4 failed, 3 passedL&I visitAlterationsPermit

Every dated deed, permit, inspection, license, violation, certification, and appeal—together.

The timeline combines the report’s transfer history with every successfully fetched L&I and zoning row. A date or status is the City’s filed record, not a statement that the condition remains current; use the official file for live detail.

Open the City record ↗
Recorded owner
Coal Truck Enterprises LLC
L&I district
CENTRAL EAST
OPA account
311165729

What this record suggests

The City file documents 7 permits touching kitchen work, bathroom work, electrical work, plumbing. 5 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

  1. LicenseRental

    License 886386 · Active

    Coal Truck Enterprises LLC · Expires 2027-01-25

  2. InvestigationL&I investigation

    Case CF-2021-065183 · PASSED

  3. InvestigationL&I investigation

    Case CF-2021-043404 · PASSED

  4. PermitAlterations

    Permit PP-2021-015866 · Completed

    Alterations: Interior plumbing. All proposed work to be done in accordance with Philadelphia Plumbing Code 2018.

  5. InvestigationL&I investigation

    Case CF-2021-043404 · FAILED

  6. InvestigationL&I investigation

    Case CF-2021-065199 · PASSED

  7. PermitAddition and/or Alteration

    Permit CP-2021-004660 · Completed

    FOR INTERIOR ALTERATIONS TO EXISTING FOUR-FAMILY DWELLING, TO INCLUDE NEW INTERIOR PARTITIONS AND INTERIOR FINISHES, AS PER APPROVED PLANS. **NO CHANGE IN OCCUPANCY CLASSIFICATION** AMENDMENT APPROVED ON 10/6/2021: TO REFLECT REVISED PROJECT TITLE AND TITLE BLOCK, PER SUBMITED PLANS.

  8. InvestigationL&I investigation

    Case CF-2021-065199 · FAILED

  9. ViolationWORK OUTSIDE OF SCOPE

    Case CF-2021-065183 · Violation VI-2021-046853 · COMPLIED

  10. ViolationPLANS REQUIRED TO COMPLY

    Case CF-2021-065183 · Violation VI-2021-046854 · COMPLIED

  11. ViolationWORK NOT ACCORDING TO PLANS

    Case CF-2021-065199 · Violation VI-2021-046929 · COMPLIED

  12. ViolationRACEWAY-SECURE & SUPPORT

    Case CF-2021-065199 · Violation VI-2021-048408 · COMPLIED

  13. ViolationRACEWAY-USE APPROVED FITTINGS

    Case CF-2021-065199 · Violation VI-2021-046955 · COMPLIED

  14. ViolationCIRC REQ'D-COUNTERTOP

    Case CF-2021-065199 · Violation VI-2021-046954 · COMPLIED

  15. ViolationEQUIP NOT PER LABEL & LISTING

    Case CF-2021-065199 · Violation VI-2021-046931 · COMPLIED

  16. ViolationGROUND-NOT INSTALLED PROP

    Case CF-2021-065199 · Violation VI-2021-046930 · COMPLIED

  17. InvestigationL&I investigation

    Case CF-2021-065183 · FAILED

  18. PermitAddition and/or Alteration

    Permit EP-2021-005428 · Completed

    Install new 600 amp service, install wiring throughout, install lighting switching and receptacles,110v interconnected smoke alarms throughout and complete addressable fire alarm system with low-frequency sound in all sleeping areas (living rooms and bedrooms), tamper switch, flow switch as per APPROVED DRAWINGS -2017 NEC and NFPA 72. Amendment: typo on electrical plans fixed

  19. PermitAlterations

    Permit PP-2021-009747 · Expired

    REPLACEMENTS ONLY OF EXISTING 4 WATER CLOSETS, 8 LAVATORY SINKS, 2 BATHTUBS, 2 SHOWERS, 4 WASHING MACHINES, 4 KITCHEN SINKS, AND 4 HOT WATER HEATERS REPLACEMENT OF 2 SECTIONS OF EXISTING HOUSE DRAIN IN BASEMENT

  20. PermitNew Construction

    Permit MP-2021-003365 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES - For the installation of New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. EACH HVAC UNIT TO BE SELF-CONTAINED WITHIN EACH DWELLING UNIT. NO PENETRATIONS OF RATED ASSEMBLIES. (Installation of (4) 2 ton heat pump systems with all required duct. All duct work will be self contained in each living space).

  21. ViolationHVAC SYSTEM

    Case CF-2021-043404 · Violation VI-2021-031941 · COMPLIED

  22. ViolationNEW ELECTRICAL SERVICE

    Case CF-2021-043404 · Violation VI-2021-031938 · COMPLIED

  23. ViolationNEW ELECTRICAL WIRING

    Case CF-2021-043404 · Violation VI-2021-031939 · COMPLIED

  24. ViolationALTER EXISTING PLUMBING

    Case CF-2021-043404 · Violation VI-2021-031940 · COMPLIED

  25. PermitCertificate of Occupancy (CO) (may inclu…

    Permit AP-2021-002846 · Completed

    For a certificate of occupancy for a previously uncertified building used as Group R-2 (Four (4) Dwelling Units) within an existing three (3) story attached structure, as per plans; no work on this permit not already approved under CP-2021-002518; compliance with Philadelphia Property Maintenance and Fire Codes required prior to occupancy.

  26. PermitAddition and/or Alteration

    Permit CP-2021-002518 · Expired

    LEVEL II INTERIOR ALTERATIONS ( CHANGE OF OCCUPANCY) TO THE FIRST FLOOR OF AN EXISTING STRUCTURE AS PER APPROVED PLANS **IEBC 2018** **SEPARATE PERMITS REQUIRED FOR ANY MEP & FIRE SUPPRESSION WORK**

  27. Recorded transfer$200K transfer

    2016

  28. Recorded transfer$55K transfer

    2004

How Philadelphia’s property system works

These explainers are free because the record only helps if you know what it can—and cannot—prove. Use the linked City guidance for the controlling rule.

Permits and inspections 7 on this property

This property’s file includes Building, Administrative, Mechanical, Plumbing permit records. A permit documents authorized scope and a City process; it is not by itself proof that every described improvement was completed, remains in place, or meets today’s condition expectations.

L&I inspections are scheduled at defined stages; final inspection and required certifications are separate steps in closing out applicable work.

How construction and repair permits work ↗See City inspection stages by permit type ↗
Assessments and taxes

The OPA assessment is the City’s value on the tax roll—not an asking price, appraisal, or live account balance. The taxable assessment can differ from the full assessment because the City roll records exemptions or other treatment; the report keeps those fields separate.

Your annual estimate uses the taxable assessment. Payments, credits, interest, and the amount due are maintained separately in Tax Center.

How the Office of Property Assessment works ↗Philadelphia property-tax guidance ↗
Violations, cases, and status check current status

An open row is a dated City status, not a diagnosis of current condition or a conclusion about the property. Read the case, notice, and any subsequent inspection together, then verify the live file.

How L&I code enforcement works ↗City violation and order types ↗

Flags: active rental license. 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.

Stories
3
Interior
2,310 sqft
livable area
Lot
2,241 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Zoning
CMX2
city zoning code

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

Run the numbers

What owning 2329 Frankford Ave 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 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.

$591K
20%
6.875%
$7K/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 use this parcel's taxable assessment, not a live Tax Center balance.

Block context

2329 Frankford Ave sits on the 2300 block of Frankford Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2327 Frankford Ave  ·  2331 Frankford Ave

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 10:21 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)