437 Allen Street, Allentown, PA 18102
Local realty services provided by:CENTURY 21 Keim Realtors
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 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....
Contact an agent
Home facts
- Year built:1900
- Subdivision & Development:Not in Development
- Listing ID #:779067
- Added:61 day(s) ago
- Updated:August 17, 2026 at 03:05 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
New listings near 437 Allen Street
- New
$290,000Active3 beds 1 baths1,663 sq. ft.2014 W Highland Street, Allentown City, PA 18104
MLS# 782816Listed by: ALLENTOWN CITY REALTY - New
$240,000Active2 beds 1 baths1,575 sq. ft.1035 S Jefferson Street, Allentown City, PA 18103
MLS# 782807Listed by: IRONVALLEY RE OF LEHIGH VALLEY - New
$309,999Active5 beds 2 baths1,914 sq. ft.1528 Catalina Avenue, Allentown City, PA 18103
MLS# 782704Listed by: I-DO REAL ESTATE - New
$270,000Active3 beds 1 baths1,232 sq. ft.226 N Graham Street, Allentown City, PA 18109
MLS# 780218Listed by: CENTURY 21 KEIM REALTORS - New
$300,000Active3 beds 2 baths1,444 sq. ft.1804 28th Street Sw, Allentown City, PA 18103
MLS# 782765Listed by: RE/MAX REAL ESTATE - New
$350,000Active4 beds 2 baths1,378 sq. ft.2300 S Filbert St, ALLENTOWN, PA 18103
MLS# PALH2016388Listed by: KW EMPOWER - New
$285,000Active5 beds 2 baths1,810 sq. ft.1319 W Turner Street, Allentown City, PA 18102
MLS# 782772Listed by: I-DO REAL ESTATE - New
$429,900Active4 beds 3 baths2,512 sq. ft.1142 Tremont Street E, Allentown City, PA 18109
MLS# 782554Listed by: KELLER WILLIAMS NORTHAMPTON - New
$225,000Active3 beds 2 baths1032 W Allen St, ALLENTOWN, PA 18102
MLS# PALH2016550Listed by: KELLER WILLIAMS REAL ESTATE-MONTGOMERYVILLE - New
$329,900Active3 beds 2 baths1,597 sq. ft.594 W Emaus Avenue, Allentown City, PA 18103
MLS# 782550Listed by: HOWARD HANNA THEFREDERICKGROUP