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Property Report

740 S 8TH ST

Philadelphia, PA 19147

83.2/100

This property at 740 S 8TH ST, Philadelphia, PA 19147 has no open violations, $6,085 in outstanding tax, 6 recorded ownership transfers. View the full property report for detailed violation history, ownership records, title risk analysis, and neighborhood safety data.

Property Details

Market Value$416,000
Year Built1920
Property TypeMIXED USE
Exterior Condition5
OwnerOlalere Llc
NeighborhoodBella Vista

Grade Breakdown

Building SafetyA
Code ComplianceA
License StatusF
Tax StatusA
Complaint HistoryB
Property ConditionF

Property summary

740 S 8th St is a 1920-built mixed use in the Bella Vista section of 19147, last assessed at $416,000. From the early 20th century, the building predates modern plumbing and electrical codes and may include lead paint, asbestos, or knob-and-tube wiring. The property has been transferred 6 times, most recently a nominal $1 transfer in 2025. All 4 code violations on file have been resolved. The property is held by Olalere Llc, an LLC with a portfolio of 4 Philadelphia properties. Portfolio median fix time: 244 days (citywide median: 54 days). That places this owner in the slower quartile for code-violation response relative to peers. Distress signals on this property include $6,085 in tax delinquency.

Comparable properties on this block

AddressYearTypeValueGrade
721 S 8th StVacant Land$1,526,300B
754 S 8th St2021Multi Family$1,350,000A
752 S 8th St2021Multi Family$1,350,000A
761 S 8th St1920Mixed Use$1,120,000B
715 S 8th St1920Single Family$918,800A

Recent activity

  1. 2025-11-07Transferred
  2. 2025-09-05Transferred
  3. 2025-07-12Permit issued — Addition And/Or Alteration
  4. 2025-04-28Permit issued — Change Of Use
  5. 2025-02-28Violation resolved — PM15-304.1(G)
  6. 2025-02-28Violation resolved — A-304.1/1
  7. 2025-02-28Inspection
  8. 2025-02-28Complaint closed
  9. 2025-02-28Violation resolved — A-301.1/38
  10. 2025-02-28Violation resolved — PM15-108.1

Owner portfolio

Olalere Llc is an LLC that holds 4 Philadelphia properties.

Neighborhood context

ZIP 19147
$450,100median value
3.0%with open violations
16,837properties tracked

Other properties on this block

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

Other properties owned by Olalere Llc

Portfolio view — other Philadelphia properties linked to Olalere Llc by name.

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