Multi-family report

3530 N 18th St

8 bd · 3 ba · 3 stories · 2,206 sqft · RSA3 · built 1936

Absentee individual · assessed $358K · 3 licensed units · sold 1×. On the 3500 block of N 18th St.

Street view of 3530 N 18th St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Verify the current balance before relying on it.

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

A separate historical parcel ledger ending in 2016 records $23K and a lien entry. It is shown as historical context only.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record
Finding

New construction

Why it matters

built new under a 2008 permit (tax-abated), sold for $349K in 2024.

View supporting records →

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 signalAssessment/permit mismatch

The assessment jumped 173% in 2027, but no matching permit appears in the property timeline.

Evidence: assessment moved from $131,300 to $358,100 · no permit shown in 2026-2028

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

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

The current tax estimate is temporary

The taxable assessment implies about $2,907/yr under a 10-year abatement. The estimate steps up every year and reaches about $5,013/yr in 2034 — $2,106/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

Built 1936: 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.

3 units in RSA3, 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 3 rents.

If you own it

$23,395 in the historical tax ledger through 2016

Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.

If you’re the landlord

Lead certificate is not optional

Built 1936: 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.

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
$358K
built 1936
Price / sq ft
$162
block $92 · above block
Appreciation
+416%
+16%/yr, city 6.5%
In 5 years (~2031)
~$361K
+16%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.81% effective, abated
Jun 2022 tax snapshot
Gross yield
3.3%
≈$985/mo rent
Times sold
1
licensed rental

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

$0$250K$500KBefore this chart — 2008: Use 2012: Plumbing2018: Interior Non-Load-Bearing Wall Demo. 2018: 2 L&I violations 2018: L&I: 1 failed, 1 passed 2018: Appeal granted 2018: Use2021: Alterations2024: Sold $349K$358K201620222027
This houseBlock median & rangeSaleL&I violationPermit

The paper trail

built new under a 2008 permit (tax-abated), sold for $349K in 2024.

  1. 2008 UsePermit
  2. 2012 PlumbingPermit
  3. 2018 Interior Non-Load-Bearing Wall Demo.Permit2 L&I violationsL&IL&I: 1 failed, 1 passedL&I visitAppeal grantedZoningUsePermit
  4. 2021 AlterationsPermit
  5. 2024 $349KSold

Flags: tax-abated — the bill lags real value · active rental license · historical tax ledger through 2016 recorded $23K with a lien entry · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $2,907/yr under a 10-year tax abatement that steps down every year. In 2034 the assessment-based estimate reaches ~$5,013/yr — a step up of $2,106/yr, 7 assessment years out. Drag the slider.

2016: ~$552/yr2017: ~$552/yr2018: ~$552/yr2019: ~$957/yr2020: ~$990/yr2021: ~$990/yr2022: ~$990/yr2023: ~$1,386/yr2024: ~$1,192/yr2025: ~$1,066/yr2026: ~$1,066/yr2027: ~$2,907/yr2028: ~$3,208/yr (projected)2029: ~$3,509/yr (projected)2030: ~$3,810/yr (projected)2031: ~$4,110/yr (projected)2032: ~$4,411/yr (projected)2033: ~$4,712/yr (projected)2034: ~$5,013/yr (projected)2035: ~$5,013/yr (projected)201620342035
2027~$2,907/yrestimated from assessment

now: ($358,100 assessed − $150,427 abated) × 1.3998% ≈ $2,907/yr 2034: $358,100 assessed × 1.3998% ≈ $5,013/yr The abated slice shrinks ~10% a year (post-2022 program, started 2024) — 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
8
Bathrooms
3
Stories
3
Interior
2,206 sqft
livable area
Lot
1,600 sqft
Basement
Basement
city code J
Heat
Electric baseboard
city code C
Central air
No
Exterior condition
Above average
city code 3
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
RSA3
city zoning code
Zoning appeals
1
granted 2018

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

Run the numbers

What owning 3530 N 18th St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at 3 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.

$349K
20%
6.875%
$3K/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — 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, $2,100/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Block context

3530 N 18th St sits on the 3500 block of N 18th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 3528 N 18th St  ·  3532 N 18th 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)