139 N 5th Street, Allentown, PA 18102

Local realty services provided by:ERA One Source Realty
139 N 5th Street,Allentown City, PA 18102
$435,000
  • 4 Beds
  • 3 Baths
  • 2,390 sq. ft.
  • Multi-family
  • Active
Listed by: joshua schoenberger
Office: exp realty llc.
MLS#:770822
Source:PA_LVAR

Price summary

  • Price:$435,000
  • Price per sq. ft.:$182.01

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.

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Home facts

  • Year built:1870
  • Listing ID #:770822
  • Added:1 day(s) ago
  • Updated:February 03, 2026 at 03:58 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,390 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Baseboard

Structure and exterior

  • Year built:1870
  • Building area:2,390 sq. ft.
  • Lot area:0.04 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$435,000
  • Price per sq. ft.:$182.01
  • Tax amount:$3,203

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