Multi-family report

2443 N Marshall St

3 stories · 2,604 sqft · RM1 · built 2022

Investor / LLC · assessed $495K (2026) · 2027 OPA assessment $603K · 3 licensed units · sold 2×. On the 2400 block of N Marshall St.

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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Street view of 2443 N Marshall St
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$1,385/year

2026 taxable assessment $98,960 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $602,500; 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 371043800
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $98,960 of $494,800 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$6,926/year

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 Record found

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.

A separate historical parcel ledger ending in 2016 records $2,745.62 and a lien entry. It is shown as historical context only.

1978$221.31 total · $54.59 principal · $156.40 interest · $3.82 penalty1979$218.03 total · $54.59 principal · $153.12 interest · $3.82 penalty1980$226.73 total · $56.81 principal · $155.94 interest · $3.98 penalty1981$243.19 total · $62.10 principal · $166.74 interest · $4.35 penalty1982$239.46 total · $62.10 principal · $163.01 interest · $4.35 penalty1983$249.95 total · $66.01 principal · $169.32 interest · $4.62 penalty1984$175.99 total · $46.43 principal · $116.31 interest · $3.25 penalty1985$155.03 total · $41.26 principal · $100.88 interest · $2.89 penalty1986$134.73 total · $36.10 principal · $86.10 interest · $2.53 penalty1987$129.11 total · $35.08 principal · $81.57 interest · $2.46 penalty1988$120.09 total · $33.01 principal · $74.77 interest · $2.31 penalty2001$43.66 total · $15.20 principal · $20.74 interest · $1.06 penalty2002$42.06 total · $15.20 principal · $19.38 interest · $1.06 penalty2003$40.44 total · $15.20 principal · $18.01 interest · $1.06 penalty2004$38.82 total · $15.20 principal · $16.64 interest · $1.06 penalty2005$37.21 total · $15.20 principal · $15.27 interest · $1.06 penalty2006$35.59 total · $15.20 principal · $13.90 interest · $1.06 penalty2007$33.98 total · $15.20 principal · $12.54 interest · $1.06 penalty2008$32.37 total · $15.20 principal · $11.17 interest · $1.06 penalty2009$30.75 total · $15.20 principal · $9.80 interest · $1.06 penalty2010$29.13 total · $15.20 principal · $8.43 interest · $1.06 penalty2011$30.27 total · $16.71 principal · $7.77 interest · $1.17 penalty2012$29.58 total · $17.35 principal · $6.51 interest · $1.21 penalty2013$28.73 total · $17.97 principal · $5.12 interest · $1.26 penalty2014$66.72 total · $44.69 principal · $8.72 interest · $3.13 penalty2015$61.97 total · $44.69 principal · $4.70 interest · $3.13 penalty2016$50.72 total · $46.68 principal · $0.70 interest · $0.47 penalty

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 $48K in 2020, built new under a 2020 permit (reduced taxable assessment shown), sold for $115K in 2022.

View supporting records →

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagPost-purchase work pattern

A recorded purchase followed by 4 permit events matches the early part of a renovate-and-resell sequence.

Evidence: purchase recorded in 2022 · permit activity in 2022

Limit: This does not show that the property is listed or that a sale is planned.

Dated record flagAssessment/permit mismatch

The assessment jumped 1294% in 2025, but no matching permit appears in the property timeline.

Evidence: assessment moved from $35,500 to $494,800 · no permit shown in 2024-2026

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

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 $1,385/yr, while applying the same rate to the full assessment would imply about $6,926/yr — $5,541/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 own it

$2,746 in the historical tax ledger through 2016

Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.

Construction next door (2442 N Marshall St, 2024)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

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

Bizdev Experts LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $683K combined
• Tax bills mail to 65 Buck Rd Unit D, Huntingdon Valley PA, 19006 — outside Philadelphia
• 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
$494,800
2026 billed-year assessment · 2027: $602,500 · built 2022
Price / sq ft
$231
block $108 · above block
Appreciation
+20676%
+62%/yr, city 6.5%
In 5 years (~2031)
~$622K
+62%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$1,385
0.23% effective, reduced taxable assessment
Jun 2022 tax snapshot
Gross yield
1.9%
≈$935/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 — 2009: Inspection failed 2010: 5 L&I violations 2011: 2 L&I violations 2013: 2 L&I violations2020: Land $48K 2020: New construction, addition, GFA change2021: New Construction2022: Sold $115K 2022: New Construction 2022: New Construction 2022: New Construction 2022: New Construction or Additions$603K201620222027
This houseBlock median & rangeSaleLand buyPermit

The paper trail

Bought for $48K in 2020, built new under a 2020 permit (reduced taxable assessment shown), sold for $115K in 2022.

  1. 2009 Inspection failedL&I visit
  2. 2010 5 L&I violationsL&I
  3. 2011 2 L&I violationsL&I
  4. 2013 2 L&I violationsL&I
  5. 2020 $48KLand buyNew construction, addition, GFA changePermit
  6. 2021 New ConstructionPermit
  7. 2022 $115KSoldNew ConstructionPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermit

Flags: material assessment exemption — legal basis and term unverified · active rental license · historical tax ledger through 2016 recorded $3K with a lien entry. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $1,385/year. Applying the same 1.3998% rate to the full assessed value would imply ~$6,926/year$5,541/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.

2016: ~$41/yr2017: ~$211/yr2018: ~$211/yr2019: ~$211/yr2020: ~$211/yr2021: ~$211/yr2022: ~$211/yr2023: ~$497/yr2024: ~$497/yr2025: ~$6,926/yr2026: ~$1,385/yr20162026
2026~$1,385/yrestimated from assessment

2026: ($494,800 assessed − $395,857 exempt) × 1.3998% ≈ $1,385/yr full-assessment scenario: $494,800 × 1.3998% ≈ $6,926/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
2,604 sqft
livable area
Lot
1,115 sqft
Basement
Full, finished
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 2443 N Marshall 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.

$603K
20%
6.875%
$2K/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — 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 with an optional full-assessment stress test, not a live Tax Center balance.

Block context

2443 N Marshall St sits on the 2400 block of N Marshall St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2441 N Marshall St  ·  2445 N Marshall St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 5:13 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)