139 N 5th St, Allentown, PA 18103

Allentown
Local realty services provided by:ERA Martin Associates
139 N 5th St,Allentown, PA 18103
$435,000
  • 4 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: james j reardon
Office: exp commercial
MLS#:PALH2014394
Source:BRIGHTMLS

Price summary

  • Price:$435,000

About this home

Fully occupied, all-brick three-unit investment property generating $40,280 in gross income and $35,075 in net income. The building includes a 3-bedroom/2-bath unit, a 1-bedroom/1-bath unit, and a studio apartment, all leased with staggered expirations extending through 2026, providing strong income stability. Tenants pay all utilities, including electric, gas heat, and water. Water is submetered, making it a tenant responsibility. Landlord expenses are minimal and clearly documented, limited to taxes and insurance. In-place rents provide consistent cash flow, with upside supported by historical leasing performance and recent rent growth in the Allentown-Central submarket. This asset is well suited for investors seeking stabilized income, a diversified unit mix, and a clear path to improved performance through rent growth.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1870
  • Listing ID #:PALH2014394
  • Added:48 day(s) ago
  • Updated:March 22, 2026 at 01:30 PM

Rooms and interior

  • Bedrooms:4
  • Flooring:Ceramic Tile, Engineered Wood
  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Heating:Baseboard - Electric, Natural Gas

Structure and exterior

  • Year built:1870
  • Lot area:0.04 Acres
  • Lot Features:Downtown
  • Construction Materials:Brick
  • Foundation Description:Block, Stone

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$435,000
  • Tax amount:$3,201 (2025)

Parking

  • Parking description:On Street

New listings near 139 N 5th St