Address
437 W Allen Street, Allentown City, PA
Price
$ 425,000
Property Attributes
  • MLS#784369
  • TypeMulti-Family
  • Listing Status Active
  • CountyLehigh
  • CityAllentown City
  • AreaAllentown-Central
  • NeighborhoodNot in Development
  • Zip18102
  • Style
  • Year Built1900
  • Taxes$ 4629
  • Price$ 425,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2112
  • Lot Size0.041 Acres
Data Source:
Greater Lehigh Valley MLS (GLVMLS)
Property Description

Heres your chance to be part of Allentown's revitalization with a property offered at a 10% CAP. This property features 4 rentable units and a detached garage! It has a 2 Bedroom Apartment on the 1st floor with updated kitchen, hardwood floors, quartz countertop, and tile bath a 2 Bedroom Apartment on the 2nd with similar modern updates and updated Studio on 3rd floor. This building also features a separate 1st floor office/storefront and a rear garage that could be rented. The building has been remodeled and features separate utilities and updated electric. This is a great turn-key investment that you don't want to miss out on. This property is a must see!!

Price History
9/11/2026 Listed $425,000

General Features

Sewer Public Sewer
Heating Baseboard,Electric
Cooling None
Zoning R-Mh-Medium High Density
Construction Materials Brick
Year Built 1900
Stories Count 3
Property Subtype Apartment
Gross Income 54000
County Lehigh
Net Operating Income 42275
Operating Expense 11725
Insurance Expense 1400
Property Type Residential Income
Attached Garage false
MaintenanceExpense 1200
Subdivision Name Not in Development
Garage Y/N true
Full Baths 3
Status Active
Directions West on Tilghman - Right on 5th - Left on Allen - Property on Left
ModificationTimestamp 2026-09-11T21:32:31.357-00:00
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 4
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 1786
Tax Annual Amount 4629.87
Electric Expense 500
Water Sewer Expense 1440
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 144500
Property Sub Type Additional Apartment,Single Family Residence
PostalCity Allentown City

Interior Features

Total Stories 3
Air Conditioning Y/N false
Heating Y/N true
Half Baths 1
Total Bedrooms 5
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Parking Features Detached,Garage,Off Street,On Street
Water Source Public
Total Parking 1
Lot Size Area 1786
Lot Dimensions 16.25 X 110
Lot Size Acres 0.041
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
$430K
Taxes
AVG $7,693
$4,629
Year Built
AVG 1899
1900

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