Map
Listed price in listed location currency (USD).
$450,000

535

MLS® 779067

Open House
Sat Jun 20, 1:15-2:45 PM EDT
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 2112 sqft
Garage Yes
Maintenance Fees 
Taxes $4,630
Days Active 0
Approx. Age 1900
Avg. Price Per Sqft $213
MLS® Number 779067

Property Address: 437 W Allen St, Allentown, PA, 18102-2436

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

Description

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 seamless access to Allentown’s vibrant, revitalized downtown, packed with diverse dining, local shopping, and entertainment. The building is just minutes from excellent public parks, community cultural centers, and robust local employment hubs. With its close proximity to major highways and public transportation, it offers an effortless commute throughout the entire Lehigh Valley. Perfect for investors looking to expand their portfolio, this property presents a solid, reliable stream of revenue from day one in one of the city's most convenient neighborhoods.
MLS® Number779067
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1900
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Electric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
437 W Allen St, Allentown, PA

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