Multi-family report

4265 Leidy Ave

4 bd · 2 ba · 2 stories · 1,436 sqft · RSA5 · built 1920

Investor / LLC · assessed $218K · 2 licensed units · sold 3×. On the 4200 block of Leidy Ave.

Street view of 4265 Leidy Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Renovated & sold on

Why it matters

Bought for $50K in 2004, addition and/or alteration permit in 2023, sold for $193K in 2024 (+285%).

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 72% in 2027, but no matching permit appears in the property timeline.

Evidence: assessment moved from $126,500 to $217,900 · 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

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.

2 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 2 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

J&K Hot Pads LLC · corporate / LLC owner

• Owns 10 properties across Philadelphia under this name, assessed at $1.5M combined
• Tax bills mail to 5150 Ridge Ave, Philadelphia PA, 19128
• 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
$218K
built 1920
Price / sq ft
$152
block $104 · above block
Appreciation
+631%
+20%/yr, city 6.5%
In 5 years (~2031)
~$220K
+20%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
1.4% effective
Jun 2022 tax snapshot
Gross yield
5.1%
≈$921/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 — 2004: Sold $50K 2005: Sold $45K2020: 2 L&I violations2021: 2 L&I violations2022: L&I violation 2022: Inspection failed ×32023: 8 L&I violations 2023: L&I: 1 failed, 1 passed 2023: Addition and/or Alteration2024: Inspection passed 2024: Sold $193K2025: Inspection passed$218K201620222027
This houseBlock median & rangeSaleL&I violationPermitInspection

The paper trail

Bought for $50K in 2004, addition and/or alteration permit in 2023, sold for $193K in 2024 (+285%).

  1. 2004 $50KSold
  2. 2005 $45KSold
  3. 2020 2 L&I violationsL&I
  4. 2021 2 L&I violationsL&I
  5. 2022 L&I violationL&IInspection failed ×3L&I visit
  6. 2023 8 L&I violationsL&IL&I: 1 failed, 1 passedL&I visitAddition and/or AlterationPermit
  7. 2024 Inspection passedL&I visit$193KSold
  8. 2025 Inspection passedL&I visit

Flags: active rental license. 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.

Bedrooms
4
Bathrooms
2
Stories
2
Interior
1,436 sqft
livable area
Lot
1,200 sqft
Basement
Full
city code D
Heat
Electric baseboard
city code C
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C+
assessor's grade
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 4265 Leidy Ave 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 2 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.

$193K
20%
6.875%
$2K/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, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

4265 Leidy Ave sits on the 4200 block of Leidy Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 4263 Leidy Ave  ·  4267 Leidy Ave

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)