Mixed-use report

2629 E Allegheny Ave

1,112 sqft · CMX1 · built 1920

Investor / LLC · assessed $167K · sold 2×. On the 2600 block of E Allegheny Ave.

Street view of 2629 E Allegheny Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Renovated & sold on

Why it matters

Bought for $158K in 2017, addition and/or alteration permit in 2022, sold for $268K in 2025 (+69%).

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 1920: 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

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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.

Who's behind it

Apex Re Properties LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $604K combined
• Tax bills mail to 46 Sheller Drive, Monroe Township NJ, 08831 — outside Philadelphia
• The last transfer was a nominal/family deed, not an open-market sale

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
$167K
built 1920
Price / sq ft
$150
block $137 · above block
Appreciation
+88%
+6%/yr, city 6.5%
In 5 years (~2031)
~$167K
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
1.4% effective
Gross yield
11.1%
≈$2K/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$250K$500KBefore this chart — 2013: Appeal dismissed2017: Sold $158K2021: 2 L&I violations 2021: Inspection failed2022: Inspection failed ×3 2022: Addition and/or Alteration2023: Inspection failed 2023: Alterations2024: Addition and/or Alteration 2024: Inspection passed2025: Sold $268K 2025: Change of Use$167K201620222027
This houseBlock median & rangeSaleL&I violationPermit

The paper trail

Bought for $158K in 2017, addition and/or alteration permit in 2022, sold for $268K in 2025 (+69%).

  1. 2013 Appeal dismissedZoning
  2. 2017 $158KSold
  3. 2021 2 L&I violationsL&IInspection failedL&I visit
  4. 2022 Inspection failed ×3L&I visitAddition and/or AlterationPermit
  5. 2023 Inspection failedL&I visitAlterationsPermit
  6. 2024 Addition and/or AlterationPermitInspection passedL&I visit
  7. 2025 $268KSoldChange of UsePermit

Flags: 1 zoning/board appeal 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.

Interior
1,112 sqft
livable area
Lot
825 sqft
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
C
assessor's grade
Zoning
CMX1
city zoning code
Zoning appeals
1
dismissed 2013

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

Run the numbers

What owning 2629 E Allegheny 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.

$268K
20%
6.875%
$2K/mo

When this house last sold (2025) a 30-year mortgage ran about 6.6% — 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, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

2629 E Allegheny Ave sits on the 2600 block of E Allegheny Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2627 E Allegheny Ave  ·  2631 E Allegheny 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)