Turnkey investment opportunity! This three-bedroom, one-bathroom twin home features a long-term, stable tenant already in place, making it an ideal addition to any rental portfolio. The property arrives with a clear Certificate of Occupancy from the City of Allentown and is ready to generate immediate cash flow. Located at 1243 Russell Street, this property includes one off-street parking spot, electric heat, public water and sewer, and gas, cooking, and laundry hookups in the basement. Tenant pays all utilities except trash (billed with taxes), and the area offers low property taxes. Perfect for investors seeking a passive income property with minimal landlord involvement and zero turnover or renovation costs. Showing times are currently available Saturday, Sunday, and Wednesday- reach out to your agent to schedule!
Pending
$159,000
1243 Russell St, Allentown, PA 18102
3beds
1,066sqft
Townhouse, Multi Family, Single Family Residence
Built in 1903
-- sqft lot
$159,800 Zestimate®
$149/sqft
$-- HOA
What's special
Electric heatThree-bedroom one-bathroom twin homeOne off-street parking spot
- 39 days
- 62
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Christine A. Stefchak 484-553-4779,
Light House Realty LV LLC 484-279-0084
Source: GLVR,MLS#: 783420
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Interior area
- Total interior livable area: 1,066 sqft
Property
Parking
- Total spaces: 1
Features
- Levels: Two and One Half
- Stories: 2.5
Lot
- Size: 696 Square Feet
Details
- Parcel number: 5497703394141
- Zoning: R-MH
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Townhouse, Multi Family, Single Family Residence
Materials
- Brick Veneer
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: West End Improvement Co
Location
- Region: Allentown
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $54,700
- Annual tax amount: $1,755
- Date on market: 8/27/2026
Estimated market value
$159,800
$152,000 - $168,000
$1,614/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Pending sale | $159,000$149/sqft |
Source: | ||
| 8/27/2026 | Listed for sale | $159,000+189.1%$149/sqft |
Source: | ||
| 1/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/11/2023 | Listed for rent | $1,200+11.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/3/2020 | Listing removed | $1,075$1/sqft |
Source: Owner Report a problem | ||
| 7/28/2020 | Listed for rent | $1,075$1/sqft |
Source: Owner Report a problem | ||
| 2/5/2020 | Sold | $55,000+0.2%$52/sqft |
Source: Public Record Report a problem | ||
| 8/28/2018 | Listing removed | $54,900$52/sqft |
Source: BHHS Regency Real Estate #580824 Report a problem | ||
| 6/22/2018 | Listed for sale | $54,900+243.1%$52/sqft |
Source: BHHS Regency Real Estate #580824 Report a problem | ||
| 5/16/2013 | Sold | $16,000-19.6%$15/sqft |
Source: | ||
| 3/22/2013 | Price change | $19,900-33.4%$19/sqft |
Source: ERA Rudy Amelio Real Estate #445063 Report a problem | ||
| 2/16/2013 | Listed for sale | $29,900-54%$28/sqft |
Source: ERA Rudy Amelio Real Estate #445063 Report a problem | ||
| 7/12/2008 | Listing removed | $65,000$61/sqft |
Source: Coldwell Banker** #293560 Report a problem | ||
| 6/28/2008 | Price change | $65,000-13.2%$61/sqft |
Source: Coldwell Banker** #293560 Report a problem | ||
| 2/26/2008 | Listed for sale | $74,900+65.7%$70/sqft |
Source: RealBird #293560 Report a problem | ||
| 6/21/2005 | Sold | $45,200-22.1%$42/sqft |
Source: Public Record Report a problem | ||
| 9/29/2000 | Sold | $58,000+129.7%$54/sqft |
Source: Public Record Report a problem | ||
| 1/18/2000 | Sold | $25,250$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,037 +2% | $54,700 |
| 2025 | $2,976 | $54,700 |
| 2024 | $2,976 | $54,700 |
| 2023 | $2,976 | $54,700 |
| 2022 | $2,976 +3.4% | $54,700 |
| 2021 | $2,880 +1.5% | $54,700 |
| 2020 | $2,836 +11280.1% | $54,700 |
| 2019 | $25 +1.5% | $54,700 |
| 2018 | $25 | $54,700 |
| 2017 | -- | $54,700 |
| 2016 | -- | $54,700 |
| 2015 | -- | $54,700 |
| 2014 | -- | $54,700 +259.9% |
| 2012 | -- | $15,200 |
| 2011 | -- | $15,200 |
| 2010 | -- | $15,200 |
| 2009 | -- | $15,200 |
| 2008 | -- | $15,200 |
| 2007 | -- | $15,200 |
| 2006 | -- | $15,200 |
| 2005 | -- | $15,200 |
| 2004 | -- | $15,200 |
| 2003 | -- | $15,200 |
| 2002 | -- | $15,200 |
| 2000 | -- | $15,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Park Historic District
Nearby schools
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.




