House report

304-10 Race St

2 stories · 27,300 sqft · CMX3 · built 1940

Investor / LLC · assessed $3.0M. On the 300 block of Race St.

Street view of 304-10 Race St
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 1940: 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 own it

1 open violation: 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.

$733 in back taxes on record

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

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

Race Street Apartments LP · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $3.3M combined

The investment read

How this house 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
$3.0M
built 1940
Price / sq ft
$111
block $348 · below block
Appreciation
+20%
+2%/yr, city 6.5%
In 5 years (~2031)
~$3.0M
+2%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$42K
1.4% effective
Gross yield
Times sold
0

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

$0$2.5M$5.0MBefore this chart — 2008: 3 L&I violations2018: Use 2018: Use2019: Use 2019: Use2022: Change of Use2024: Parking Only2025: Addition and/or Alteration2026: L&I violation$3.0M201620222027
This houseBlock median & rangeL&I violationPermit

The paper trail

Owner pulled a addition and/or alteration permit in 2025.

  1. 2008 3 L&I violationsL&I
  2. 2018 UsePermitUsePermit
  3. 2019 UsePermitUsePermit
  4. 2022 Change of UsePermit
  5. 2024 Parking OnlyPermit
  6. 2025 Addition and/or AlterationPermit
  7. 2026 L&I violationL&I

Flags: 1 open L&I violation · $733 back taxes. 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.

Stories
2
Interior
27,300 sqft
livable area
Lot
13,685 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
CMX3
city zoning code

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

Run the numbers

What owning 304-10 Race St 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.

$3.0M
20%
6.875%
$22K/mo

When this house last sold (2016) a 30-year mortgage ran about 3.65% — 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

304-10 Race St sits on the 300 block of Race St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 312-14 Race St  ·  316 Race 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)