Mixed-use report

4824 Frankford Ave

2,787 sqft · CMX2 · built 1935

Investor / LLC · assessed $192K · sold 2×. On the 4800 block of Frankford Ave.

Street view of 4824 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 1935: 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.

If you own it

$9,371 in back taxes on record

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

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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

Housemate Investments LLC · corporate / LLC owner

• Tax bills mail to 3139 Eucluid Ave, Philadelphia PA, 19121
• The last transfer was a nominal/family deed, not an open-market sale

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
$192K
built 1935
Price / sq ft
$69
block $60 · above block
Appreciation
+140%
+8%/yr, city 6.5%
In 5 years (~2031)
~$193K
+8%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
1.4% effective
Gross yield
5.6%
≈$904/mo rent
Times sold
2
kept in the family

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

$0$250K$500K2023: 5 L&I violations 2023: L&I: 4 failed, 3 passed 2023: Interior Non-Load-Bearing Wall Demo. 2023: Change of Use2024: 4 L&I violations 2024: L&I: 1 failed, 1 passed2025: Change of Use 2025: Alterations 2025: City Demolition 2025: 8 L&I violations 2025: Demolished 2025: Inspection failed ×2$192K201620222027
This houseBlock median & rangeTeardownL&I violation

The paper trail

Owner pulled a city demolition permit in 2025.

  1. 2023 5 L&I violationsL&IL&I: 4 failed, 3 passedL&I visitInterior Non-Load-Bearing Wall Demo.PermitChange of UsePermit
  2. 2024 4 L&I violationsL&IL&I: 1 failed, 1 passedL&I visit
  3. 2025 Change of UsePermitAlterationsPermitCity DemolitionPermit8 L&I violationsL&IDemolishedTeardownInspection failed ×2L&I visit

Flags: $9K back taxes · long-held within one family. 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.

Interior
2,787 sqft
livable area
Lot
3,608 sqft
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
C
assessor's grade
Zoning
CMX2
city zoning code

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

Run the numbers

What owning 4824 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.

$192K
20%
6.875%
$900/mo
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

4824 Frankford Ave sits on the 4800 block of Frankford Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 4826 Frankford Ave  ·  4830 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)