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Property Report

2040 LOCUST ST

Philadelphia, PA 19103

93.8/100

This property at 2040 LOCUST ST, Philadelphia, PA 19103 has no open violations, no outstanding tax debt, 25 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$1,024,400
Year Built1880
Property TypeMULTI FAMILY
Exterior Condition4
OwnerRittenhouse Portfolio Ass
NeighborhoodRittenhouse

Grade Breakdown

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

Property summary

2040 Locust St is a 1880-built multi family in the Rittenhouse section of 19103, last assessed at $1,024,400. Constructed before 1900, the building is among Philadelphia's older housing stock and may carry pre-modern materials such as knob-and-tube wiring or cast-iron plumbing. It has changed hands 25 times, most recently selling for $12,288,800 in 2017. All 4 code violations on file have been resolved. The property is held by Rittenhouse Portfolio Ass, an individual with a portfolio of 12 Philadelphia properties. Portfolio median fix time: 133 days (citywide median: 54 days). That places this owner in the slower quartile for code-violation response relative to peers.

Comparable properties on this block

AddressYearTypeValueGrade
2041 Locust St1800Single Family$1,925,000A
2018 Locust St1870Single Family$1,874,600A
2022 Locust St1800Single Family$1,784,900A
2039 Locust St1800Single Family$1,762,300A
2037 Locust St1800Single Family$1,657,000A

Recent activity

  1. 2025-12-10Transferred
  2. 2025-03-21Inspection
  3. 2023-08-30Violation resolved — F-1104.16.5.1.8
  4. 2023-08-25Inspection
  5. 2023-05-10Inspection
  6. 2023-04-27Complaint closed
  7. 2023-04-02Complaint filed — Property Maintenance Complaint Exterior
  8. 2023-03-15Inspection
  9. 2023-03-15Violation opened — F-1104.16.5.1.8
  10. 2021-06-02Transferred

Owner portfolio

Rittenhouse Portfolio Ass is an individual that holds 12 Philadelphia properties.

Neighborhood context

ZIP 19103
$605,300median value
2.7%with open violations
7,839properties tracked

Other properties on this block

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

Other properties owned by Rittenhouse Portfolio Ass

Portfolio view — other Philadelphia properties linked to Rittenhouse Portfolio Ass by name.

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