Multi-family report

338 N Front St

2 stories · 1,900 sqft · CMX3 · built 1910

Investor / LLC · assessed $536K · sold 2×. On the 300 block of N Front St.

Street view of 338 N Front St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record

What the record is signaling

Early patterns mined across this property's dated public records. Each flag shows what triggered it and where the inference stops.

watch signalPost-purchase work pattern

A recorded purchase followed by 1 permit event matches the early part of a renovate-and-resell sequence.

Evidence: purchase recorded in 2023 · permit activity in 2024

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

Transparent record rules, not a machine-learning forecast. A signal is a prompt to verify the cited record, 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

Built 1910: 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

Ph Str LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $2.0M combined
• Tax bills mail to 1005 Pontiac Rd Ste 348, Drexel Hill PA, 19026 — outside Philadelphia

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
$536K
built 1910
Price / sq ft
$282
block $287 · in line w/ block
Appreciation
+67%
+5%/yr, city 6.5%
In 5 years (~2031)
~$537K
+5%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$7K
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
-1493652%
≈$-667M/mo rent
Times sold
2

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

$0$500K$1.0MBefore this chart — 2011: Sold $278K2023: Sold $310K2024: Change of Use$536K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Bought for $278K in 2011. Owner pulled a change of use permit in 2024.

  1. 2011 $278KSold
  2. 2023 $310KSold
  3. 2024 Change of UsePermit

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
1,900 sqft
livable area
Lot
1,030 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 338 N Front 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.

$310K
20%
6.875%
$700/mo

When this house last sold (2023) a 30-year mortgage ran about 6.81% — 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

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

See the whole block →

Next door: 336 N Front St  ·  340 N Front St

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, 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)