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Property Report

640 N 40TH ST

Philadelphia, PA 19104

94.8/100

This property at 640 N 40TH ST, Philadelphia, PA 19104 has no open violations, no outstanding tax debt, 34 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$49,200
Year Built1920
Property TypeMULTI FAMILY
Exterior Condition3
OwnerWpre Iii L P
NeighborhoodBelmont

Grade Breakdown

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

Property summary

640 N 40th St is a 1920-built multi family in the Belmont section of 19104, last assessed at $49,200. From the early 20th century, the building predates modern plumbing and electrical codes and may include lead paint, asbestos, or knob-and-tube wiring. It has changed hands 34 times, most recently selling for $933,000 in 2011. All 5 code violations on file have been resolved. The property is held by Wpre Iii L P, an individual with a portfolio of 44 Philadelphia properties. A portfolio of 44 parcels places this owner among Philadelphia's larger property holders, which concentrates regulatory exposure across many addresses.

Comparable properties on this block

AddressYearTypeValueGrade
639 N 40th St2024Multi Family$840,000A
612 N 40th St2010Multi Family$818,400A
616 N 40th St2024Mixed Use$718,200A
641 N 40th St1920Multi Family$386,300A
618 N 40th St1935Single Family$369,200A

Recent activity

  1. 2027-02-28License expired
  2. 2026-02-10License issued
  3. 2025-11-06Transferred
  4. 2025-10-17Transferred
  5. 2025-10-17Transferred
  6. 2025-10-17Transferred
  7. 2025-07-17Transferred
  8. 2025-07-17Transferred
  9. 2020-03-07License issued
  10. 2016-10-18Complaint closed

Owner portfolio

Wpre Iii L P is an individual that holds 44 Philadelphia properties.

Neighborhood context

ZIP 19104
$198,100median value
9.9%with open violations
11,823properties tracked

Other properties on this block

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

Other properties owned by Wpre Iii L P

Portfolio view — other Philadelphia properties linked to Wpre Iii L P by name.

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