1621 Margaret Street, Philadelphia, PA 19124 - Photo 1

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$349,999

For Sale
Active
Lots/Land
0.38 Acres

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Property Description

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.

Full Property Details

Full Property Details for 1621 Margaret St

General

Price: $349,999
Taxes: $4,249 (2022)
Status: Active
Type: Lots/Land
Source: BrightMLSPhilly
MLS ID: PAPH2644412
Updated: 7/7/2026
Added to Site: 42 day(s) ago

Location

Area: 19124 (19124)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Driving Directions: Use Map or GPS

School Information

School District: The School District Of Philadelphia

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Current Bldg. Use: Investment

Lot Features

Lot Size (Acres): 0.38
Lot Size (Sq. Ft.): 16,470
Lot Size Source: Estimated
Zoning: RM1

Financial Considerations

Price Per Sq. Ft.: $21.25
Assessment Year: 2023
School Tax: $2,331
City/TownTax: $1,917
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $303,600
Tax Amount: $4,249
Tax Year: 2022

Disclosures and Reports

Ownership: Fee Simple
Multiple Parcels: Yes
Lot Number: 184

Listed by Opus Elite Real Estate, Mark Gatta

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Listing agent

— 1621 Margaret St —

Mark Gatta

Opus Elite Real Estate

Listing Office Email: info@opuselitere.com

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Schools

Schools serving 1621 Margaret St

School District:Philadelphia City School District

Name	Grades	Distance
Harding Warren G Middle School 2000 Wakeling Street, Philadelphia, PA 19124	7-8	0.5 mi
Frankford High School 5000 Oxford Avenue, Philadelphia, PA 19124	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1621 Margaret St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/07/2026

Listed

$349,999

6630.75%

MLS

10/18/2005

Sold

$5,200

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1621 Margaret St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$297

—

$21,200

—

2024

$297

238%

$21,200

100%

2021

$88

—

-100%

2023

$88

—

$6,300

—

2020

$88

—

$6,300

—

2019

$88

—

$6,300

—

2018

$88

—

$6,300

—

2017

$88

—

$6,300

—

2016

$88

5%

$6,300

—

2015

$84

—

$6,300

—

2014

$84

-46%

$6,300

294%

2013

$156

—

$1,600

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1621 Margaret St

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4
Beds
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Total Baths
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1621 Margaret Street, Philadelphia, PA 19124 (MLS# PAPH2644412) is a Lots/Land property with a lot size of 0.38 acres. 1621 Margaret Street is currently listed for $349,999 and was received on July 07, 2026. Want to learn more about 1621 Margaret Street? Do you have questions about finding other Lots/Land real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

1621 Margaret St Philadelphia, PA 19124