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.
Lot/land
$349,999
1621 Margaret St, Philadelphia, PA 19124
--beds
--baths
0.38Acres
Unimproved Land
Built in ----
0.38 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 11 days |
- 95 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Mark Gatta 215-630-2040,
Opus Elite Real Estate (215) 395-6277
Source: Bright MLS,MLS#: PAPH2644412
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 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Frankford
Nearby schools
GreatSchools rating
- 3/10Marshall John SchoolGrades: K-5Distance: 0.3 mi
- 4/10Harding Warren G Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Frankford High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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