USAPAAllentownNot in Development628 S Fawn St

628 S Fawn St, Allentown, PA

Name: 628 S Fawn St, For Sale in Allentown - Zoocasa
Brand: EXP Realty LLC
SKU: 786693
Price: 2049000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$2,049,000

121218

MLS® 786693

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 8004 sqft

Garage

Maintenance Fees

Taxes $19,604

Days Active 1

Approx. Age 1985

Avg. Price Per Sqft $255

MLS® Number 786693

Property Address: 628 S Fawn St, Allentown, PA, 18103-3344

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied 12-unit garden-style apartment building built in 1985, currently generating $206, 040 in actual annual gross income and $159, 742 in actual annual net income. The property features twelve 1-bedroom apartments across three floors, offering a consistent and desirable unit mix in the heart of the Lehigh Valley. Unlike many older multifamily buildings in the area, this property benefits from more modern construction, layouts, and building systems, helping reduce long-term maintenance concerns. The seller has invested nearly $100, 000 in improvements recently. All three floors of interior hallways have been updated with new carpeting, fresh paint, and lighting. Most apartments have received new appliances, while many units have undergone significant renovations, including updated kitchens, new countertops, cabinets, vinyl plank flooring, and fresh paint. Tenants pay their own electric and heat, with separate electric baseboard heating in each apartment. This eliminates the need for the owner to maintain or replace a central heating system, helping keep operating expenses low. The property also offers coin-operated laundry on-site, with two recently replaced machines, providing additional income beyond apartment rents. Located in South Allentown, a core Lehigh Valley location, the property offers convenient access to Route 309, I-78, Lehigh Valley Hospital–Cedar Crest, St. Luke's, and major employment centers throughout the region. The surrounding area benefits from strong rental demand driven by healthcare, logistics, retail, and other major employers. With full occupancy, nearly $100, 000 in recent improvements, tenant-paid heating, additional laundry income, and room for rent growth, this property is an excellent opportunity for investors looking to acquire a larger, well-maintained multifamily asset with strong cash flow and long-term potential in the Lehigh Valley.

MLS® Number786693

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1985

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatBaseboard, Electric

A/CWall Window Units

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

Yes, I'd like to receive free weekly market insights and buying and selling tips. Unsubscribe at any time.

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
Fair Housing and Reasonable Accommodations
DMCA Notice

2026 AODA Compliance Report
Feedback can be submitted through our standard communication channels such as our internal chat platform, email, phone etc., and accommodations are available upon request. Zoocasa reviews all feedback received, acknowledges concerns, and works to respond in a timely manner. Feedback is assessed and addressed appropriately to support continuous improvement of our services and accessibility practices.