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
  • Pending
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.

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Home facts

  • Year built:1870
  • Listing ID #:PALH2014394
  • Added:94 day(s) ago
  • Updated:May 07, 2026 at 07:33 AM

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

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