Multi-family report

761 S 51st St

3 stories · 2,700 sqft · RM1 · built 1925

Absentee individual · assessed $454K (2026) · 2027 OPA assessment $435K · 3 licensed units · sold 1×. On the 700 block of S 51st St.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 761 S 51st St
From the street — imagery © Google
From above — imagery © Esri, Maxar

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.

Estimated annual Real Estate Tax$6,349/year

2026 taxable assessment $453,600 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $435,100; it is not the 2026 billed-year value.

Official current account balanceCheck live

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 511018400
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

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.

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 record
Finding

Improved

Why it matters

Bought for $130K in 2015. Owner pulled a certificate of occupancy (co) (may inclu… permit in 2025.

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

Built 1925: 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

8 open violations: the clock matters

Most L&I appeals must be filed within 30 days; unsafe or imminently dangerous orders can carry a shorter deadline. Unresolved notices can lead to fees, court enforcement, City abatement work, and liens. Read the dated notice and verify its current status with L&I.

If you’re the landlord

Lead certificate is not optional

Built 1925: 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 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.

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
$453,600
2026 billed-year assessment · 2027: $435,100 · built 1925
Price / sq ft
$161
block $215 · below block
Appreciation
+262%
+12%/yr, city 6.5%
In 5 years (~2031)
~$438K
+12%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$6,349
1.46% effective
Jun 2022 tax snapshot
Gross yield
6%
≈$2K/mo rent
Times sold
1
licensed rental

Assessment vs. the block · every dated City record marked on the line

$0$250K$500K2016 OPA assessment: $120K2017 OPA assessment: $120K2018 OPA assessment: $120K2019 OPA assessment: $169K2020 OPA assessment: $194K2021 OPA assessment: $194K2022 OPA assessment: $194K2023 OPA assessment: $350K2024 OPA assessment: $350K2025 OPA assessment: $454K2026 OPA assessment: $454K2027 OPA assessment: $435K2015 — Deed / sale $130K2024 — 2024-08-16: ZBA Permit Denial - Variance$435K2015201720192021202320252027
This propertyBlock median & rangeDeed / saleAppeal
2024-08-16: ZBA Permit Denial - Variance
Highlight
Every dated record2 events · scroll to browse
  1. AppealZBA Permit Denial - Variance
  2. Deed / saleDeed / sale $130K

The paper trail

Bought for $130K in 2015. Owner pulled a certificate of occupancy (co) (may inclu… permit in 2025.

  1. 2015 $130KSold
  2. 2021 Inspection failedL&I visit
  3. 2022 8 L&I violationsL&IInspection failed ×3L&I visit
  4. 2024 Change of UsePermitAppeal grantedZoning
  5. 2025 Certificate of Occupancy (CO) (may inclu…Permit

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.

Open the City record ↗
Browse 2 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. AppealZBA Permit Denial - Variance

    Appeal ZP-2023-008052 · Completed · Granted

    Permit for a four (4) family (multi-family) household living in an existing structure

  2. Recorded transfer$130K transfer

    2015

What this record suggests

8 violations are still marked open in the assembled record. The date and status belong in a current L&I check before relying on them.

Flags: active rental license · 8 open L&I violations · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The property, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
3
Interior
2,700 sqft
livable area
Lot
1,200 sqft
Exterior condition
Above average
city code 3
Interior condition
Average
city code 4
Quality grade
C+
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
Completed · Granted · 2024

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

Run the numbers

What owning 761 S 51st 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.

$435K
20%
6.875%
$6K/mo

When this house last sold (2015) a 30-year mortgage ran about 3.85% — 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 use this parcel's taxable assessment, not a live Tax Center balance.

Block context

761 S 51st St sits on the 700 block of S 51st St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 759 S 51st St  ·  757 S 51st St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 12:45 PM 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. “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)