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Property Report

48 N 40TH ST

Philadelphia, PA 19104

83.2/100

This property at 48 N 40TH ST, Philadelphia, PA 19104 has 1 open violation, $7,965 in outstanding tax, 1 recorded ownership transfer. View the full property report for detailed violation history, ownership records, title risk analysis, and neighborhood safety data.

Property Details

Market Value$1,005,000
Year Built2019
Property TypeMULTI FAMILY
Exterior Condition1
OwnerTwo Brothers Development
NeighborhoodWest Powelton

Grade Breakdown

Building SafetyA
Code ComplianceC
License StatusA
Tax StatusF
Complaint HistoryC
Property ConditionA

Property summary

48 N 40th St is a 2019-built multi family in the West Powelton section of 19104, last assessed at $1,005,000. Of recent vintage, the structure was built under modern Philadelphia building codes. The property has been transferred 1 times, most recently a nominal $1 transfer in 2018. Of 18 code violations on file, 1 remain open. The property is held by Two Brothers Development, a business with a portfolio of 3 Philadelphia properties. Even small portfolios reveal patterns when violations, permits, and transfers are aggregated across the owner's other holdings. Distress signals on this property include $7,965 in tax delinquency.

Comparable properties on this block

AddressYearTypeValueGrade
55 N 40th St1970Multi Family$10,330,500B
36 N 40th St2022Apartments > 4 Units$3,381,100C
18 N 40th St1940Commercial$2,135,000D
42 N 40th St2022Apartments > 4 Units$1,717,500A
44 N 40th St2019Multi Family$1,005,000B

Recent activity

  1. 2026-06-21Tax delinquency recorded
  2. 2026-02-10License issued
  3. 2024-02-26Complaint closed
  4. 2024-02-26Violation resolved — PM15-306.1(4)
  5. 2024-02-26Violation resolved — PM15-110.1
  6. 2024-02-26Inspection
  7. 2024-02-26Violation resolved — PM15-304.1(G)
  8. 2023-11-30Inspection
  9. 2023-02-24Violation opened — PM15-304.1(G)
  10. 2023-02-24Violation opened — PM15-110.1

Owner portfolio

Two Brothers Development is an business that holds 3 Philadelphia properties.

Neighborhood context

ZIP 19104
$210,600median value
9.8%with open violations
11,819properties tracked

Other properties on this block

Same block — compare grades, violation counts, and owner patterns across neighboring properties.

Other properties owned by Two Brothers Development

Portfolio view — other Philadelphia properties linked to Two Brothers Development by name.

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