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For sale
  • $325,000

    2047-2049 2051 Margaret St, Philadelphia, PA 19124

    5beds
    5baths
    1,200sqft
    : 
    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $271/sqft
    $-- HOA

    What's special

    Landlord Special! Three Parcels Sold Together — Fully Occupied Rental Portfolio + Vacant Lot A rare opportunity awaits on Margaret Street in Philadelphia! This sale includes three parcels sold together (Parcel IDs: 885305060, 232163500, 232163600), creating an ideal investment for both seasoned landlords and portfolio builders. 2047 Margaret Street is a vacant lot, offering potential for future development, expansion, parking, or additional outdoor space to complement the existing rentals. 2049 & 2051 Margaret Street feature two multi-unit buildings with a combined five fully tenant-occupied units. Each unit offers 1 bedroom and 1 bathroom, and all are currently rented at $700/month, producing a steady $3,500/month in rental income from day one. Located just moments from I-95, the property offers easy access to Center City Philadelphia, the Philadelphia International Airport, New Jersey, and more. Public transportation is conveniently available right at the corner of the street, adding to the appeal for tenants and future development possibilities. This is an ideal opportunity for investors seeking immediate cash flow with the added benefit of a vacant lot for potential expansion. Don't miss the chance to secure a versatile and income-producing portfolio on Margaret Street.
    5 days
    |
    197
    |
    9
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 05, 2025 at 06:10am

    Listed by:

    Deneen Sweeney 484-888-3177,

    Keller Williams Real Estate - West Chester 6103995100,

    Listing Team: Ciprani Sweeney Team, Co-Listing Team: Ciprani Sweeney Team,Co-Listing Agent: Casey L Daneker 215-219-4482,

    Keller Williams Real Estate - West Chester

    Source: Bright MLS,MLS#: PAPH2564812MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,020 Square Feet
    • Dimensions: 15.00 x 68.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 232163500
    • Zoning: RM1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $135,300
    • Annual tax amount: $1,893
    • Date on market: 12/5/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 42000
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/5/2025Listed for sale$325,000$271/sqft
    Source: Bright MLS #PAPH2564812 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $1,890/mo
    Principal & interest
    $1559
    Property taxes
    $217
    Home insurance
    $114

      Climate risks

      Neighborhood: Frankford

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: Philadelphia City

      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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