Multi-family report

3642 Frankford Ave

3 stories · 1,785 sqft · RSA5 · built 1915

Investor / LLC · assessed $180K · sold 3×. On the 3600 block of Frankford Ave.

Street view of 3642 Frankford Ave
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 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

$131 in back taxes on record

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

If you’re the landlord

Lead certificate is not optional

Built 1915: 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

Holdings Kmc · corporate / LLC owner

• Tax bills mail to 2001 Hamilton St, Philadelphia PA, 19130
• 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
$180K
built 1915
Price / sq ft
$101
block $97 · in line w/ block
Appreciation
+115%
+7%/yr, city 6.5%
In 5 years (~2031)
~$180K
+7%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
1.4% effective
Gross yield
10%
≈$1K/mo rent
Times sold
3
licensed rental

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

$0$125K$250KBefore this chart — 2000: Sold $31K 2008: Sold $23K 2008: Sold $23K 2009: Appeal granted 2009: Use$180K201620222027
This houseBlock median & rangePermit

The paper trail

Bought for $31K in 2000. Owner pulled a use permit in 2009.

  1. 2000 $31KSold
  2. 2008 $23KSold$23KSold
  3. 2009 Appeal grantedZoningUsePermit

Flags: active rental license · $131 back taxes (2016, $2 of it interest & penalties, lien filed) · 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
1,785 sqft
livable area
Lot
2,402 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Central air
No
Exterior condition
Above average
city code 3
Interior condition
Average
city code 4
Quality grade
C+
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
granted 2009

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

Run the numbers

What owning 3642 Frankford Ave 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.

$180K
20%
6.875%
$2K/mo

When this house last sold (2008) a 30-year mortgage ran about 6.03% — 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

3642 Frankford Ave sits on the 3600 block of Frankford Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 3644 Frankford Ave  ·  3638-40 Frankford Ave

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)