Great opportunity to own a well-maintained 2-unit investment property in the desirable Park Terrace subdivision on Allentown’s South Side. This building features two spacious 2-bedroom, 1-bath units—each with its own washer and dryer, separate electric heat, and private entrances. The first-floor unit offers easy access and a practical layout, while the second-floor unit enjoys a private balcony—perfect for relaxing or entertaining. With two dedicated off-street parking spots, this property provides convenience for tenants and owners alike.
Whether you're looking to expand your portfolio or begin your investment journey, this turnkey property can deliver great income with a projected cap rate of 6.4%. Tenants pay their own electric, keeping operating expenses low. Located minutes from parks, shops, schools, and major roadways, this property offers strong rental appeal in a high-demand area. Don’t miss your chance to invest in a solid, income-generating asset in the heart of Allentown.
Sold for $290,000
$290,000
1335 S Fountain St, Allentown, PA 18103
4beds
--sqft
Multi Family, Apartment
Built in 1984
-- sqft lot
$296,700 Zestimate®
$--/sqft
$1,886 Estimated rent
Home value
$296,700
$267,000 - $329,000
$1,886/mo
Zestimate® history
Owner options
List your home for rent
$1,886/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,886/mo
Rent Zestimate®
Refinance and save
$1,875/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,875/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Private balconyDedicated off-street parking spotsSeparate electric heatPrivate entrances
Zillow last checked:
Listing updated:
Listed by:
Eric A. Rothenberger 610-730-3200,
BHGRE Valley Partners
Bought with:
Eric A. Rothenberger, RS308033
BHGRE Valley Partners
Source: GLVR,MLS#: 759319
Originating MLS: Lehigh Valley MLS
Originating MLS: Lehigh Valley MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s)
Features
- Balcony
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Off Street, On Street
- Has uncovered spaces: Yes
Details
- Parcel number: 640614718088 001
- Zoning: R-M-Medium Density Reside
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Unknown
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Parkway Terrace
Location
- Region: Allentown
Financial & listing details
- Tax assessed value: $150,800
- Annual tax amount: $4,971
- Date on market: 6/13/2025
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $290,000-10.7% |
Source:  GLVR #759319 Report a problem | ||
| 6/27/2025 | Pending sale | $324,900 |
Source: GLVR #759319 Report a problem | ||
| 6/13/2025 | Listed for sale | $324,900+137.2% |
Source: GLVR #759319 Report a problem | ||
| 6/28/2011 | Sold | $137,000-17% |
Source: Agent Provided Report a problem | ||
| 3/24/2011 | Listed for sale | $165,000-9.8% |
Source: Coldwell Banker Hearthside #405194 Report a problem | ||
| 8/19/2010 | Listing removed | $183,000 |
Source: Century 21 Keim Realtors #357167 Report a problem | ||
| 5/14/2010 | Price change | $183,000-3.7% |
Source: Century 21 Keim Realtors #357167 Report a problem | ||
| 3/27/2010 | Listed for sale | $190,000+3.8% |
Source: Century 21 Keim Realtors #357167 Report a problem | ||
| 4/7/2006 | Sold | $183,000+19.1% |
Source: Public Record Report a problem | ||
| 6/6/2005 | Sold | $153,700+9.8% |
Source: Public Record Report a problem | ||
| 3/7/2000 | Sold | $140,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,206 | $150,800 |
| 2024 | $8,206 | $150,800 |
| 2023 | $8,206 | $150,800 |
| 2022 | $8,206 +3.4% | $150,800 |
| 2021 | $7,939 +1.5% | $150,800 |
| 2020 | $7,818 +11280.2% | $150,800 |
| 2019 | $69 +1.6% | $150,800 |
| 2018 | $68 | $150,800 |
| 2017 | -- | $150,800 |
| 2016 | -- | $150,800 |
| 2015 | -- | $150,800 |
| 2014 | -- | $150,800 +174.2% |
| 2012 | -- | $55,000 |
| 2011 | -- | $55,000 |
| 2010 | -- | $55,000 |
| 2009 | -- | $55,000 |
| 2008 | -- | $55,000 |
| 2007 | -- | $55,000 |
| 2006 | -- | $55,000 |
| 2005 | -- | $55,000 |
| 2004 | -- | $55,000 |
| 2003 | -- | $55,000 |
| 2002 | -- | $55,000 |
| 2000 | -- | $55,000 |
Find assessor info on the county website
Neighborhood: 18103
Nearby homes
- $247,0002 bd1 ba-- sqft1335 S Fountain St #2, Allentown, PA 18103Off Market
- $364,7004 bd2 ba2k sqft1337 S Fountain St, Allentown, PA 18103Off Market
- $353,8004 bd2 ba2k sqft1331 S Fountain St, Allentown, PA 18103Off Market
- $355,0002 bd1 ba1k sqft1339 S Fountain St APT 1, Allentown, PA 18103Off Market
- $655,6008 bd4 ba3.9k sqft1339 S Fountain St, Allentown, PA 18103Off Market
- $--2 bd1 ba1k sqft1339 S Fountain St APT 3, Allentown, PA 18103Off Market
- $--2 bd1 ba1k sqft1339 S Fountain St APT 2, Allentown, PA 18103Off Market
- $408,9002 bd1 ba1k sqft1329 S Fountain St, Allentown, PA 18103Off Market
Nearby schools
GreatSchools rating
- 3/10Jefferson Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10South Mountain Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10William Allen High SchoolGrades: 9-12Distance: 1.6 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.
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
$296,700
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
$296,700
- Pennsylvania
- Lehigh County
- Allentown
- 18103
- 1335 S Fountain St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Allentown Topics
