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Property Report

4040 WALNUT ST

Philadelphia, PA 19104

94.3/100

This property at 4040 WALNUT ST, Philadelphia, PA 19104 has no open violations, no outstanding tax debt, 11 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$1,771,900
Year Built1925
Property TypeAPARTMENTS > 4 UNITS
Exterior Condition4
OwnerSimon Associate
NeighborhoodUniversity City

Grade Breakdown

Building SafetyA
Code ComplianceA
License StatusA
Tax StatusA
Complaint HistoryC
Property ConditionC

Property summary

4040 Walnut St is a 1925-built apartments > 4 units in the University City section of 19104, last assessed at $1,771,900. 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 11 times, most recently a nominal $1 transfer in 1980. All 3 code violations on file have been resolved. The property is held by Simon Associate, an individual with a portfolio of 13 Philadelphia properties. With 13 properties under the same ownership, patterns in violations, permits, and tax compliance across the portfolio offer additional context.

Comparable properties on this block

AddressYearTypeValueGrade
4028 Walnut St1940Commercial$2,636,200A
4042 Walnut St1925Apartments > 4 Units$1,771,900A
4034 Walnut St1925Mixed Use$1,475,600A
4045 Walnut St1925Multi Family$1,402,500A
4041 Walnut St1890Apartments > 4 Units$1,355,200A

Recent activity

  1. 2025-12-31Complaint closed
  2. 2025-11-05Complaint filed — Fire Safety Complaint
  3. 2024-10-29Appeal decided
  4. 2024-08-28Permit issued — Parking Only
  5. 2024-06-05Appeal filed
  6. 2022-10-20Transferred
  7. 2022-08-29Permit issued — Major Demolition
  8. 2022-06-10Permit issued — Full Demolition
  9. 2020-02-25License issued
  10. 2018-03-01Complaint closed

Owner portfolio

Simon Associate is an individual that holds 13 Philadelphia properties.

Neighborhood context

ZIP 19104
$198,100median value
9.8%with open violations
11,822properties tracked

Other properties on this block

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

Other properties owned by Simon Associate

Portfolio view — other Philadelphia properties linked to Simon Associate by name.

More properties in University City

Explore other Philadelphia properties in University City with their own grades, violation history, and title-risk analysis.