1621 Margaret St, Philadelphia, PA 19124

--beds

--baths

0.38Acres

Unimproved Land

Built in ----

0.38 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Excellent development opportunity in the Frankford section of Philadelphia. This approximately 0.38-acre site, includes the parcels located at 1621 through 1639 Margaret Street. Sold altogether. The property is zoned RM-1, making it an attractive option for builders, investors, or developers looking for their next project. Buyer must do their own due diligence regarding its potentials. The location offers strong convenience and accessibility, with the Market-Frankford Line’s Arrott Transportation Center just around the corner and Jefferson Frankford Hospital only minutes away. One of the parcels currently contains an older structure that will need to be demolished. Do not enter the building.

57 days
88
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Facts & features

Property

Lot

Size: 0.38 Acres

Details

Has additional parcels: Yes
Parcel number: 232155600
Zoning: RM1
Special conditions: Standard

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Tax assessed value: $303,600
Annual tax amount: $4,249
Date on market: 7/7/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$1,239/mo

Price history

Date	Event	Price
7/7/2026	Listed for sale	$349,999+601.4%
Source: Bright MLS #PAPH2644412 Report a problem
7/1/2025	Listing removed	$49,900
Source: Long & Foster Broker Feed #PAPH2443098 Report a problem
2/7/2025	Listed for sale	$49,900-91.6%
Source: Bright MLS #PAPH2443098 Report a problem
11/25/2024	Listing removed	$595,000
Source: Long & Foster Broker Feed #PAPH2420262 Report a problem
11/14/2024	Listed for sale	$595,000
Source: Long & Foster Broker Feed #PAPH2420262 Report a problem
8/14/2024	Listing removed	$595,000
Source: Bright MLS #PAPH2348236 Report a problem
4/29/2024	Listed for sale	$595,000-37.4%
Source: Bright MLS #PAPH2348236 Report a problem
4/18/2024	Listing removed	--
Source: Bright MLS #PAPH2339300 Report a problem
4/4/2024	Listed for sale	$950,000+18169.2%
Source: Bright MLS #PAPH2339300 Report a problem
12/28/2005	Sold	$5,200
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$297 +236.5%	$21,200 +236.5%
2024	$88	$6,300
2023	$88	$6,300
2022	$88	--
2021	$88	--
2018	$88	--
2017	$88 -85.7%	--
2016	$616 +598%	--
2015	$88	--
2014	$88	$6,300 +293.8%
2011	--	$1,600
2010	--	$1,600
2009	--	$1,600
2008	--	$1,600
2007	--	$1,600
2006	--	$1,600
2005	--	$1,600
2004	--	$1,600
2003	--	$1,600
2002	--	$1,600
2000	--	$1,600 -66.7%
1999	--	$4,800