Multi-family report

2521 Grays Ferry Ave

3 bd · 2 ba · 2 stories · 2,230 sqft · RSA5 · built 1925

Owner-occupied · assessed $828K · sold 1×. On the 2500 block of Grays Ferry Ave.

Street view of 2521 Grays Ferry Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record

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 1925: 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.

Multiple units in RSA5, a single-family district

The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as multiple rents.

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

$2,165 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

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
$828K
built 1925
Price / sq ft
$371
block $371 · in line w/ block
Appreciation
+267%
+13%/yr, city 6.5%
In 5 years (~2031)
~$833K
+13%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$10K
1.23% effective
Gross yield
4.2%
≈$3K/mo rent
Times sold
1
kept in the family

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

$0$500K$1.0M2020: Sold $260K2022: Alterations 2022: Addition and/or Alterations2023: New Construction 2023: Addition and/or Alteration 2023: Appeal withdrawn 2023: Alterations 2023: New construction, addition, GFA change 2023: Appeal granted with conditions2024: Alterations$828K201620222027
This houseBlock median & rangeSaleZoningPermit

The paper trail

built new under a 2022 permit, sold for $260K in 2020.

  1. 2020 $260KSold
  2. 2022 AlterationsPermitAddition and/or AlterationsPermit
  3. 2023 New ConstructionPermitAddition and/or AlterationPermitAppeal withdrawnZoningAlterationsPermitNew construction, addition, GFA changePermitAppeal granted with conditionsZoning
  4. 2024 AlterationsPermit

Flags: $2K back taxes (2015–2016, $167 of it interest & penalties, lien filed) · 2 zoning/board appeals 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.

Bedrooms
3
Bathrooms
2
Stories
2
Interior
2,230 sqft
livable area
Lot
1,160 sqft
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
2
granted with conditions 2023

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

Run the numbers

What owning 2521 Grays Ferry Ave takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$828K
20%
6.875%
$3K/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

2521 Grays Ferry Ave sits on the 2500 block of Grays Ferry Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2519 Grays Ferry Ave  ·  2523 Grays Ferry 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)