Attention Investors and Homebuyers: Income-Producing Duplex with Owner-Occupancy Potential! 1671 Margaret Street is a two-unit property offering immediate rental income and flexibility for investors and homeowners. The vacant first-floor apartment includes access to the backyard, allowing homeowners to occupy one unit while collecting rent from the second-floor apartment to help offset their monthly mortgage payments. Investors can lease both units to maximize rental income. Unit Breakdown: First floor: 2 bedrooms, 1 bathroom — vacant, with backyard access and $1,000/month rental potential Second floor: 3 bedrooms, 2 bathrooms — occupied, generating $1,260/month The property currently generates $1,260 in monthly rental income, with the potential to generate $2,260 per month ($27,120 annually) when fully occupied. The property generated 2025 net operating income (NOI) of $19,112.90. Tenants pay their own unit utilities, while the owner pays for water. Additional features include a full unfinished basement and separate electric meters. Own a duplex that offers immediate rental income and the flexibility to occupy one unit or rent both. Schedule your private tour today.
For sale
$199,900
1671 Margaret St, Philadelphia, PA 19124
5beds
2baths
1,319sqft
Townhouse
Built in 1925
-- sqft lot
$197,600 Zestimate®
$152/sqft
$-- HOA
What's special
Backyard accessFull unfinished basement
- 26 days
- 652
- 94
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
champ washington 267-981-5392,
BHHS Fox & Roach-Jenkintown (215) 887-0400
Source: Bright MLS,MLS#: PAPH2679662
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,319
- Total interior livable area: 1,319 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,257 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 232157700
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $148,700
- Annual tax amount: $2,081
- Date on market: 10/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA,VA Loan,Conventional
- Ownership: Fee Simple
Estimated market value
$197,600
$188,000 - $207,000
$1,336/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2026 | Listed for sale | $199,900+566.3%$152/sqft |
Source: | ||
| 1/19/2022 | Sold | $30,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,986 +49.1% | $141,900 +49.1% |
| 2024 | $1,333 | $95,200 |
| 2023 | $1,333 +53.8% | $95,200 |
| 2022 | $866 | -- |
| 2021 | $866 +4.2% | -- |
| 2018 | $831 | -- |
| 2017 | $831 -24.8% | -- |
| 2016 | $1,106 | -- |
| 2015 | $1,106 | -- |
| 2014 | $1,106 | $79,000 +1414.6% |
| 2012 | -- | $5,216 |
| 2011 | -- | $5,216 |
| 2010 | -- | $5,216 |
| 2009 | -- | $5,216 |
| 2008 | -- | $5,216 |
| 2007 | -- | $5,216 |
| 2006 | -- | $5,216 |
| 2005 | -- | $5,216 |
| 2004 | -- | $5,216 |
| 2003 | -- | $5,216 |
| 2002 | -- | $5,216 |
| 2000 | -- | $5,216 |
| 1999 | -- | $5,216 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Frankford
Nearby schools
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.






