437 Allen Street, Allentown, PA 18102

Allentown
Local realty services provided by:ERA One Source Realty
437 Allen Street,Allentown City, PA 18102
$437,800
  • 5 Beds
  • 3 Baths
  • 2,112 sq. ft.
  • Multi-family
  • Active
Listed by: joshua schoenberger
Office: steel city realty
MLS#:779067
Source:PA_LVAR

Price summary

  • Price:$437,800
  • Price per sq. ft.:$207.29

About this home

Just reduced! 4 unit investment property.. Potential gross income $57,000 with a potential net income of $46700. Three apartments plus a large basement and garage to be rented, basement only 2 steps down. An exceptional real estate investment opportunity awaits with this all-brick, three-story multi-family apartment building perfectly situated in the heart of Central Allentown. This well-maintained property features a total of four spacious units, offering a versatile mix of a 2-bedroom layout, two 1-bedroom configurations, and a lower-level basement and garage space primed for additional rental income. Boasting an impressive projected gross annual income of $57,000 and a strong R-MH zoning code, this building comes equipped with efficient electric baseboard heating and five convenient on- and off-street parking spaces.Location is everything, and this property puts tenants right in the center of a thriving, high-demand rental market. Residents will enjoy incredible walkability and...

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Home facts

  • Year built:1900
  • Subdivision & Development:Not in Development
  • Listing ID #:779067
  • Added:50 day(s) ago
  • Updated:August 06, 2026 at 02:47 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,112 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1900
  • Building area:2,112 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Brick, Stone
  • Levels:3 or More Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$437,800
  • Price per sq. ft.:$207.29
  • Tax amount:$4,630

Parking

  • Total parking spaces:5
  • Parking description:Garage
  • Garage:Yes

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