Multi-family report

307 Delancey St

2 bd · 3 stories · 1,710 sqft · RSA5 · built 1915

Owner-occupied · assessed $599K. On the 300 block of Delancey St.

Street view of 307 Delancey 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

The tax bill is temporary

Today's $8,081/yr reflects a 10-year abatement. It jumps to about $8,390/yr by 2026 — $309/yr more. Price the full bill, not the current one.

Built 1915: 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.

If you own it

When the abatement ends, file for Homestead

An abated home cannot also take the Homestead Exemption. From 2026 it can — knocking about $1,400/yr off the full bill.

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.

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
$599K
built 1915
Price / sq ft
$351
block $493 · below block
Appreciation
+8%
+1%/yr, city 6.5%
In 5 years (~2031)
~$600K
+1%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$8K
1.35% effective, abated
Gross yield
3.2%
≈$2K/mo rent
Times sold
0

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

$0$1.0M$2.0MBefore this chart — 2010: Inspection failed 2011: Appeal city affirmed 2011: Inspection passed2019: L&I violation 2019: Inspection failed ×22020: Inspection failed2021: Addition and/or Alteration 2021: Addition and/or Alterations 2021: Alterations 2021: Addition and/or Alteration 2021: Addition and/or Alteration 2021: Addition and/or Alteration$599K201620222027
This houseBlock median & rangeL&I violationPermitInspection

The paper trail

built new under a 2021 permit (tax-abated).

  1. 2010 Inspection failedL&I visit
  2. 2011 Appeal city affirmedZoningInspection passedL&I visit
  3. 2019 L&I violationL&IInspection failed ×2L&I visit
  4. 2020 Inspection failedL&I visit
  5. 2021 Addition and/or AlterationPermitAddition and/or AlterationsPermitAlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationPermitAddition and/or AlterationPermit

Flags: tax-abated — the bill lags real value · 1 open L&I violation · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $8,081/yr under a 10-year tax abatement. By 2026 the bill reaches its full ~$8,390/yr — a step up of $309/yr. Drag the slider.

2016: ~$7,446/yr2017: ~$7,446/yr2018: ~$7,446/yr2019: ~$9,029/yr2020: ~$9,029/yr2021: ~$9,100/yr2022: ~$9,100/yr2023: ~$11,377/yr2024: ~$11,377/yr2025: ~$7,446/yr2026: ~$7,446/yr2027: ~$8,081/yr201620262027
2027~$8,081/yrfrom the record

now: ($599,400 assessed − $22,103 abated) × 1.3998% ≈ $8,081/yr 2026: $599,400 assessed × 1.3998% ≈ $8,390/yr Flat 100% exemption (pre-2022 program, started 2016), then the cliff — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
2
Stories
3
Interior
1,710 sqft
livable area
Lot
1,005 sqft
Basement
Full
city code D
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B-
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
city affirmed 2011

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

Run the numbers

What owning 307 Delancey 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.

$599K
20%
6.875%
$2K/mo

When this house last sold (2020) a 30-year mortgage ran about 3.1% — 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 (with the abatement toggle above).

Block context

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

See the whole block →

Next door: 305 1/2 Delancey St  ·  305 Delancey 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)