Prime Value-Add Opportunity: 5-Unit Investment Property in Allentown
Unlock the potential of this well-located 5-unit property in the heart of Allentown. Perfect for investors seeking to add value, this property offers significant upside through renovations and strategic management. With strong rental demand in the area, it’s an ideal asset to enhance your portfolio. All units are 1 bedrooms.
LL pays water/sewer/gas. Much of the trash has been turned over to tenats to pay and some units have been put on RUBS billing further solidiying the postive cash flow position on this asset.
Sold for $420,000
$420,000
102 S 13th St, Allentown, PA 18102
4beds
2,392sqft
Multi Family, Apartment
Built in 1900
-- sqft lot
$430,200 Zestimate®
$176/sqft
$1,812 Estimated rent
Home value
$430,200
$387,000 - $482,000
$1,812/mo
Zestimate® history
Owner options
List your home for rent
$1,812/mo
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$1,812/mo
Rent Zestimate®
Refinance and save
$2,732/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,732/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jennifer L. DeJesus 610-217-6330,
Steel City Realty
Bought with:
Gary Elbert, RS205118L
Bellman & Radcliff
Source: GLVR,MLS#: 750006
Originating MLS: Lehigh Valley MLS
Originating MLS: Lehigh Valley MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Gas
Cooling
- None
Interior area
- Total interior livable area: 2,392 sqft
Property
Features
- Stories: 3
Lot
- Size: 1,873 Square Feet
Details
- Parcel number: 549678855283001
- Zoning: R-MH-MEDIUM HIGH DENSITY
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in Development
Location
- Region: Allentown
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $116,200
- Annual tax amount: $3,713
- Date on market: 12/18/2024
- Cumulative days on market: 174 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2025 | Sold | $420,000-15.2%$176/sqft |
Source:  GLVR #750006 Report a problem | ||
| 6/16/2025 | Pending sale | $495,000$207/sqft |
Source: GLVR #750006 Report a problem | ||
| 6/10/2025 | Listing removed | $495,000$207/sqft |
Source: GLVR #750006 Report a problem | ||
| 6/10/2025 | Pending sale | $495,000$207/sqft |
Source: GLVR #750006 Report a problem | ||
| 5/9/2025 | Price change | $495,000-5.7%$207/sqft |
Source: GLVR #750006 Report a problem | ||
| 3/31/2025 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 3/26/2025 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
| 3/24/2025 | Price change | $525,000-4.5%$219/sqft |
Source: GLVR #750006 Report a problem | ||
| 12/18/2024 | Listed for sale | $550,000$230/sqft |
Source: GLVR #750006 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: West Walnut/Union Terrace
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Nearby schools
GreatSchools rating
- 4/10Union Terrace Elementary SchoolGrades: K-5Distance: 0.7 mi
- 2/10Francis D Raub Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10William Allen High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Allentown
Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$430,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$430,200
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