2026 taxable assessment $223,030 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $1,613,100; it is not the 2026 billed-year value.
Multi-family report
385 Martin St
3 stories · 9,620 sqft · RSA5 · built 2017
Entity-held · assessed $2.2M (2026) · 2027 OPA assessment $1.6M · sold 2×. On the 300 block of Martin St.
BlockReport AI · cited public records
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Property summary
Assessment$2,230,3002026 OPA assessment · 2027: $1,613,100
Last sale—No sale value available
Est. tax bill$3,122/year2026 taxable assessment · full-value scenario $31,220/year · basis and term unverified
Tax delinquencyNo 2022 matchNot proof account is current
Permits19Every fetched City permit
Violations0 openNo historical match in fetched records
“Open” reflects records available then historical records keep their source dates estimates are labeled
Question or correct this record
BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:
Property tax
The estimate, live balance, and back-tax record are different.
BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.
A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”
OPA 8811067102026 OPA taxes $223,030 of $2,230,300 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.
See the assessment math →Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.
See the assessment math →Historical delinquency sources No current conclusion
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”
What stands out
From the public recordTorn down & rebuilt
Record summarydemolition, followed by a 2017 construction permit.
View supporting records →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
Verify the current tax bill and exemption
The 2026 taxable assessment implies about $3,122/yr, while applying the same rate to the full assessment would imply about $31,220/yr — $28,098/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.
Multiple units and RSA5 zoning need reconciliation
The assessment or license record describes multiple units while the zoning district is generally single-family. That does not establish whether the use is lawful, nonconforming, abandoned, or incorrectly coded. Verify the registered use and Certificate of Occupancy with L&I before pricing multiple rents.
The last transfer used nominal consideration
The latest deed records $100 or less. That is not a usable market-sale price and can reflect a family, estate, gift, correction, or entity transfer. Inspect the deed and order a title search rather than inferring the relationship or chain.
If you’re the landlord
If it is rented, verify the Rental License
The fetched license records do not show an active Rental License. Ownership type or a tax mailing address does not prove that tenants occupy the property; if it is rented, verify the current license and legal occupancy in eCLIPSE.
Derived from the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.
Who's behind it
381-85 Martin Street LP · corporate / LLC owner
• Owns 2 properties across Philadelphia under this name, assessed at $3.1M combined
• Tax bills mail to Po Box 467, Narberth PA, 19072 — outside Philadelphia
Assessment and tax history
Every fetched annual City assessment for this building, compared with its block and ZIP. The figures show assessment change, the billed-year tax estimate, dated tax records, and recorded transfers. They do not estimate market appreciation or investment return.
Assessed value
$2,230,300
2026 billed-year assessment · 2027: $1,613,100 · built 2017
Price / sq ft
$168
block $230 · below block
Assessment change
-27%
-4%/yr since 2019 · 2027 -28% vs 2026
Est. tax bill / yr
$3,122
0.14% effective, reduced taxable assessment
Jun 2022 tax snapshot
No match
not proof the account is current
Times sold
2
Assessment vs. the block and ZIP · every dated City record marked on the line
- OPA assessment · 2019$2.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$2.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$2.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$2.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$2.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$2.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$2.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$2.2M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$1.6M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Permit · 2017-02-28ZoningThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2017-08-07Zoning/useThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2017-08-07DemolitionThis permit category usually covers partial or complete removal work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2017-10-06New constructionThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2017-11-29SuppressionThis permit category usually covers fire-suppression systems or related life-safety work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2017-12-08PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-03-09MechanicalThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-06-04PlumbingThis permit category usually covers water, drainage, fixtures, or other plumbing work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-04-18AdministrativeThis permit category usually covers construction, repair, alteration, addition, or occupancy work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2018-05-29ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- License · 2020-06-11RentalA City license record tied to an activity or property use. Its issue, expiration, inactive, and status fields—not the category alone—show what was recorded for this date.Philadelphia L&I licenses and property records ↗
- Certification · 2026-02-26Sprinkler CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
- Certification · 2026-04-01Fire Alarm CertificationA filed inspection or certification for a regulated building system or component. Check the result, expiration date, and latest filing before treating it as current.What Philadelphia inspections check ↗
Property assessmentBlock median & rangeZIP 19128 medianAssessmentPermitLicenseCertification
Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
Highlight
Every dated record13 events · exact dates, newest first
- CertificationFire Alarm Certification
- CertificationSprinkler Certification
- LicenseRental
- PermitPlumbing
- PermitElectrical
- PermitAdministrative
- PermitMechanical
- PermitPlumbing
- PermitSuppression
- PermitNew construction
- PermitZoning/use
- PermitDemolition
- PermitZoning
The paper trail
Torn down & rebuiltdemolition, followed by a 2017 construction permit.
- 2017 SuppressionPermitPlumbingPermitPlumbingPermitPlumbingPermitPlumbingPermit
- 2018 MechanicalPermitMechanicalPermitPlumbingPermitAdministrativePermitElectricalPermitElectricalPermitPlumbingPermit
Records behind the chart
Browse the source ledger
The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.
Browse 22 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
- CertificationFire Alarm Certification
Certification BC-2026-016842 · Certified
Expires 2027-04-01
- CertificationSprinkler Certification
Certification BC-2026-008258 · Certified
Expires 2027-02-26
- LicenseRental
License 843256 · Inactive
381-85 Martin Street, LP · Expires 2024-06-10 · Inactive 2024-08-09
- PermitPlumbing
Permit 852895 · COMPLETED
INSTALLING: 8 TOILET, 8 LAV, 4 TUB,4 SHOWERS, 4KITCHEN SINK, 4 WASHER, 4 WATER HEATER. INSTALLATIONS IN ACCORDANCE WITH 2004 PPC
- PermitElectrical
Permit 852246 · COMPLETED
4-125 PANELS 300AMP INCOMING SERVICE 1-100AMP PANELS METERS GROUNDING 60 OUTLETS 70 SWITCHES 15 GFI 90 RECESSED LIGHTS FIRE ALARM SPRINKLER CIRCUIT 30 SURFACE LIGHTS 6 O/S LIGHTS 7 BATH FANS
- PermitElectrical
Permit 852245 · COMPLETED
4-125 PANELS 300AMP INCOMING SERVICE 1-100AMP PANELS METERS GROUNDING 60 OUTLETS 70 SWITCHES 15 GFI 90 RECESSED LIGHTS FIRE ALARM SPRINKLER CIRCUIT 30 SURFACE LIGHTS 6 O/S LIGHTS 7 BATH FANS
- PermitAdministrative
Permit 856752 · COMPLETED
TO AMEND PERMIT# 827828 TO REFLECT THE INSTALLATION OF A SEPARATE 2-INCH FIRE SERVICE LINE ON MONASTERY STREET, AS PER APPROVED PLANS.
- PermitPlumbing
Permit 851255 · COMPLETED
INSTALL 8 WATER CLOSETS, 8 LAVY SINKS, 4 TUBS, 4 SHOWERS, 4 KITCHEN SINKS, 4 GARBAGE DISPOSALS,4 WASHERS, 4 DISH WASHERS - THE INSTALLATION WILL COMPY WITH THE PHILADEPHIA PLUBMING CODE 2004 (EXTERIOR PLUMBING PERMIT #837895)
- PermitMechanical
Permit 857926 · COMPLETED
INSTALL (4) HVAC SYSTEMS WITH DUCTWORK. (MULTI-FAMILY)
- PermitMechanical
Permit 857927 · COMPLETED
INSTALL (4) HVAC SYSTEMS WITH DUCTWORK. (MULTI-FAMILY)
- PermitPlumbing
Permit 837895 · COMPLETED
SANITARY 5" CURB TRAP,4" HOUSE DRAIN,STORM 6" CURB TRAP,5" STORM DRAIN,AREA DRAIN/RAIN LEADER (MULTI FAMILY)20173330199 "SELF-CERTIFICATION'S ARE NO LONGER PERMITTED" - "ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"
- PermitPlumbing
Permit 837894 · ABANDONED
SANITARY 5" CURB TRAP,4" HOUSE DRAIN,STORM 6" CURB TRAP,5" STORM DRAIN,AREA DRAIN/RAIN LEADER (MULTI FAMILY)20173330199 "SELF-CERTIFICATION'S ARE NO LONGER PERMITTED" - "ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"
- PermitPlumbing
Permit 837893 · ABANDONED
SANITARY 5" CURB TRAP,4" HOUSE DRAIN,STORM 6" CURB TRAP,5" STORM DRAIN,AREA DRAIN/RAIN LEADER (MULTI FAMILY)20173330199 "SELF-CERTIFICATION'S ARE NO LONGER PERMITTED" - "ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"
- PermitPlumbing
Permit 837881 · COMPLETED
SANITARY 5" CURB TRAP,4" HOUSE DRAIN,STORM 6" CURB TRAP,5" STORM DRAIN,AREA DRAIN/RAIN LEADER (MULTI FAMILY)20173330199 "SELF-CERTIFICATION'S ARE NO LONGER PERMITTED" - "ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"
- PermitSuppression
Permit 827860 · COMPLETED
FOR THE INSTALLATION OF A FIRE SUPPRESSION SYSTEM IN ACCORDANCE WITH NFPA 13, WITH A TWO-INCH FIRE SERVICE LINE, AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.
- PermitSuppression
Permit 827828 · COMPLETED
FOR THE INSTALLATION OF A FIRE SUPPRESSION SYSTEM IN ACCORDANCE WITH NFPA 13, WITH A TWO-INCH FIRE SERVICE LINE, AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA. SEE APP# 827860 FOR APPROVED PLANS.
- PermitNew construction
Permit 805937 · COMPLETED
FOR THE ERECTION OF A THREE STORY STRUCTURE WITH A ROOF DECK ACCESSED BY A ROOF DECK ACCESS STRUCTURE. STRUCTURE FOR USE AS A FOUR FAMILY DWELLING. BUILDING TO BE FULLY SPRINKLERED IN ACCORDANCE WITH NFPA 13. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING AND FIRE SUPPRESSION WORK. A COVERED WALKWAY OR SIDEWALK CLOSURE SHALL BE REQUIRED WITHIN 8 FEET OF THE BUILDING FAÇADE IN ACCORDANCE WITH SECTION 3306 OF THE 2009 IBC. SEPARATE BUILDING AND/OR STREETS DEPARTMENT PERMIT REQUIRED PRIOR TO THE START OF ANY WORK.
- PermitNew construction
Permit 822107 · COMPLETED
FOR THE ERECTION OF A THREE STORY STRUCTURE WITH A ROOF DECK ACCESSED BY A ROOF DECK ACCESS STRUCTURE. STRUCTURE FOR USE AS A FOUR FAMILY DWELLING. BUILDING TO BE FULLY SPRINKLERED IN ACCORDANCE WITH NFPA 13. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING AND FIRE SUPPRESSION WORK. A COVERED WALKWAY OR SIDEWALK CLOSURE SHALL BE REQUIRED WITHIN 8 FEET OF THE BUILDING FAÇADE IN ACCORDANCE WITH SECTION 3306 OF THE 2009 IBC. SEPARATE BUILDING AND/OR STREETS DEPARTMENT PERMIT REQUIRED PRIOR TO THE START OF ANY WORK. PLEASE SEE AP#805937 FOR APPROVED PLANS AND DOCUMENTATION.
- PermitZoning/use
Permit 805922 · COMPLETED
COMPLETE DEMOLITION OF A 3 STORY STRUCTURE
- PermitDemolition
Permit 805920 · COMPLETED
FOR THE COMPLETE DEMOLITION OF A THREE-STORY STRUCTURE AS PER PLAN. A COVERED WALKWAY OR SIDEWALK CLOSURE SHALL BE REQUIRED WITHIN 8 FEET OF BUILDING FACADE IN ACCORDANCE WITH SECTION 3306 OF THE IBC. SEPARATE BUILDING AND/OR STREETS DEPARTMENT PERMITS MAY BE REQUIRED. ANY DEVIATION WILL REQUIRE AN AMENDED BUILDING PERMIT. SEE APP# 790861 FOR APPROVED PLANS. *PERMIT RECEIVED UPSTAIRS*
- PermitZoning/use
Permit 792908 · COMPLETED
DEMOLITIOM OF EXISTING 2 STORY BLDG. CONSTRUCTION OF 2 NEW MULTI-FAMILY RESIDENTIAL BUILDINGS ON 1 LOT. 4 DWELLING UNITS PER BUILDING FOR A TOTL OF 8 DWELLING UNITS.
- PermitZoning
Permit 762037 · COMPLETED
FOR THE RELOCATION OF LOT LINES TO CREATE TWO (2) LOTS [PREMISES 'A' & PREMISES 'B'] FROM THREE (3) EXISTING LOTS [381, 383 & 385 MARTIN ST]. SIZE AND LOCATION AS SHOWN IN APPLICATION.
What this record suggests
The City file documents 19 permits touching kitchen work, bathroom work, electrical work, plumbing. 17 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
Flags: material assessment exemption — legal basis and term unverified. Informational only — not investment advice or a consumer report (FCRA).
The assessment exemption gap
OPA's 2026 taxable assessment implies about $3,122/year. Applying the same 1.3998% rate to the full assessed value would imply ~$31,220/year — $28,098/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.
2026: ($2,230,300 assessed − $2,007,268 exempt) × 1.3998% ≈ $3,122/yr
full-assessment scenario: $2,230,300 × 1.3998% ≈ $31,220/yr
The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.
The property, on paper
The city assessor's field record — the physical spec sheet behind the assessed number.
Stories
3
Interior
9,620 sqft
livable area
Lot
3,592 sqft
Exterior condition
Above average
city code 3
Above averageBelow average
Interior condition
Above average
city code 3
Above averageBelow average
Quality grade
B
assessor's grade
ABCDE
Zoning
RSA5
city zoning code
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Run the numbers
What owning 385 Martin 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 the area median. Assessed value is not an asking price — set the price slider to the real one.
Mortgage
—
P&I · 30-yr fixed
All-in monthly
—
+ taxes & insurance
Estimated cash needed
—
down + 4% planning allowance
Modeled cash flow
—
rent − shown costs · /mo
Modeled cap rate
—
modeled NOI ÷ price
Modeled cash-on-cash
—
modeled year-1 return
Scenario for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance, and buyer cash equal to the down payment plus 4%. Taxes use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance. Cash flow and returns exclude vacancy, management, utilities, HOA or condo fees, leasing costs, income tax, and unplanned capital work.
Block context
385 Martin St sits on the 300 block of Martin St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 387 Martin St · 381 Martin St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 11, 2026, 3:19 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)