Multilot Residential Development
For Sale
$349,999
1621 Margaret St, Philadelphia, PA 19124
Approximately 0.38-acre site sold as parcels 1621–1639 Margaret Street, zoned RM-1, with an older structure requiring demolition.
Property SizeContact for details
Lot Size0.38 Acres
Days on Market54
Property Features for 1621 Margaret St
General Information
Standard status
Active
Lot size
0.38 Acres
Property subtype
Land
Zoning
RM-1
Taxes and HOA fees
Annual Taxes
$4,249
Listing Agency:
Opus Elite Real Estate
(215) 630-2040
Listed By:
Mark Gatta · License #RM425949
(215) 630-2040
Source:
Exprealty
Added: Jul 7
Changed: Aug 8
Last Checked: Aug 28 at 5:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Opus Elite Real Estate
Investment Insights
Based on property information with market context.
This approximately 0.38-acre residential land offering is sold as a group of parcels at 1621 through 1639 Margaret Street. The property is zoned RM-1 and is suitable for development subject to buyer due diligence. One of the parcels includes an older structure that will need to be demolished, and buyers are instructed not to enter the building.
The site is located in the Frankford section of Philadelphia, with convenient access to the Market-Frankford Line’s Arrott Transportation Center and Jefferson Frankford Hospital nearby. The property is being presented as a redevelopment opportunity for builders, investors, or developers looking for their next project.
Buyer must confirm all development potential and requirements through their own due diligence.
The site is located in the Frankford section of Philadelphia, with convenient access to the Market-Frankford Line’s Arrott Transportation Center and Jefferson Frankford Hospital nearby. The property is being presented as a redevelopment opportunity for builders, investors, or developers looking for their next project.
Buyer must confirm all development potential and requirements through their own due diligence.
Key Highlights
- Approximately 0.38‑acre site sold as parcels 1621–1639 Margaret Street (sold altogether).
- Zoned RM‑1, offering residential development potential.
- One parcel includes an older structure that will need to be demolished.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,785
Businesses Nearby
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approximately 0.38-acre site sold as parcels 1621–1639 Margaret Street, zoned RM-1, with an older structure requiring demolition.
Where is this residential land & home lot located?
The property is located at 1621 Margaret St Philadelphia, PA.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Approximately 0.38‑acre site sold as parcels 1621–1639 Margaret Street (sold altogether).; Zoned RM‑1, offering residential development potential.; One parcel includes an older structure that will need to be demolished.
