Address
953 W Walnut Street, Allentown City, PA
Price
$ 1,099,900
Property Attributes
  • MLS#780645
  • TypeMulti-Family
  • Listing Status Active
  • CountyLehigh
  • CityAllentown City
  • AreaAllentown-Central
  • NeighborhoodNot in Development
  • Zip18102
  • Style
  • Year Built1950
  • Taxes$ 4249
  • Price$ 1,099,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1086
  • Lot Size0.124 Acres
Data Source:
Greater Lehigh Valley MLS (GLVMLS)
Property Description

Amazing redevelopment opportunity. 50' x 108' lot in the Neighborhood Improvement Zone (NIZ). B-2 Zoning the limit with no maximum building height and no maximum building coverage. Neighboring lot approved for 34 story building. This lot could be approved for same or potentially even more stories. Existing building currently rented which gives you income during development and until project is ready to build. Steps from the new Maple Street Parking Deck and over 1 Billion Dollars of development including, the new Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, Restaurants, Retail, Nightlife, and so much more.

Price History
7/13/2026 Listed $1,099,900

General Features

Sewer Public Sewer
Heating Electric
Cooling None
Zoning B-2-CENTRAL BUSINESS
Construction Materials Other
Year Built 1950
Property Subtype Commercial
County Lehigh
Property Type Residential Income
Subdivision Name Not in Development
Status Active
Directions South on 12th Street - Left on Walnut - Property on corner of 9th & Walnut
ModificationTimestamp 2026-07-13T18:23:56.833-00:00
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 1
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 5401
Tax Annual Amount 4249.67
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 108400
Property Sub Type Additional Commercial
PostalCity Allentown City

Interior Features

Air Conditioning Y/N false
Heating Y/N true
LivingAreaSource Assessor

Exterior Features

Parking Features Off Street,On Street
Water Source Public
Total Parking 10
Lot Size Area 5401
Lot Dimensions 50 x 108
Lot Size Acres 0.124
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 18102

Price
AVG $460K
$1.1M
Taxes
AVG $7,705
$4,249
Year Built
AVG 1899
1950

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