Multi-family report

348 Green Ln

3 stories · 4,080 sqft · RSD3 · built 1920

Investor / LLC · assessed $576K · 5 licensed units · sold 1×. On the 300 block of Green Ln.

Street view of 348 Green Ln
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 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.

5 units in RSD3, 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 5 rents.

If you’re the landlord

Lead certificate is not optional

Built 1920: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

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

Stone Door LLC · corporate / LLC owner

• Tax bills mail to Po Box 4698, Philadelphia PA, 19127
• Holds an active rental license for this address

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
$576K
built 1920
Price / sq ft
$141
block $197 · below block
Appreciation
+54%
+4%/yr, city 6.5%
In 5 years (~2031)
~$577K
+4%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$8K
1.4% effective
Gross yield
4.1%
≈$2K/mo rent
Times sold
1
licensed rental

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

$0$500K$1.0MBefore this chart — 2009: L&I: 3 failed, 2 passed 2009: Major alteration 2010: L&I violation 2010: L&I: 1 failed, 1 passed 2013: L&I violation 2013: L&I: 1 failed, 1 passed2018: Sold $580K 2018: 2 L&I violations2019: Plumbing2021: L&I violation 2021: L&I: 1 failed, 1 passed 2021: Appeal complete$576K201620222027
This houseBlock median & rangeSaleL&I violationPermit

The paper trail

Bought for $580K in 2018. Owner pulled a plumbing permit in 2019.

  1. 2009 L&I: 3 failed, 2 passedL&I visitMajor alterationPermit
  2. 2010 L&I violationL&IL&I: 1 failed, 1 passedL&I visit
  3. 2013 L&I violationL&IL&I: 1 failed, 1 passedL&I visit
  4. 2018 $580KSold2 L&I violationsL&I
  5. 2019 PlumbingPermit
  6. 2021 L&I violationL&IL&I: 1 failed, 1 passedL&I visitAppeal completeZoning

Flags: active rental license · 1 zoning/board appeal on record. 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
3
Interior
4,080 sqft
livable area
Lot
13,639 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B
assessor's grade
Zoning
RSD3
city zoning code
Zoning appeals
1
complete 2021

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

Run the numbers

What owning 348 Green Ln takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 5 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$576K
20%
6.875%
$8K/mo

When this house last sold (2018) a 30-year mortgage ran about 4.54% — 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, $3,500/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

348 Green Ln sits on the 300 block of Green Ln. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 346 Green Ln  ·  350 Green Ln

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)