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Sold for $360,000
  • $360,000

    18 N Madison St, Allentown, PA 18102

    5beds
    2,474sqft
    Townhouse, Multi Family, Single Family Residence
    Built in 1905
    -- sqft lot
    $402,300 Zestimate®
    $146/sqft
    $1,901 Estimated rent

    Home value

    $402,300

    $378,000 - $430,000

    $1,901/mo

    Zestimate® history
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    $2,341/mo

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    What's special

    3-Unit Investment Property in Allentown This all-brick, well-maintained building is a prime investment opportunity, ready for its new owner to start generating cash flow. The property features three units: **Unit 1**: A spacious 2-bedroom, 1-bath apartment located on the first floor. This unit has been updated with modern flooring and a renovated kitchen. It also has direct access to the basement, which includes laundry facilities and a walkout to the backyard. **Unit 2**: Situated on the second floor, this unit offers 2 bedrooms, 1 bath, and a large kitchen. Tenants will also enjoy access to a private balcony. **Unit 3**: On the third floor, you'll find a cozy 1-bedroom, 1-bath apartment. This unit includes a living room and an additional small room, perfect for an office or extra storage. Whether you're an experienced investor or just starting, this property is a solid choice for generating rental income. With all units in good condition and rented, it's ready for immediate occupancy and steady cash flow.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Ramos 484-695-4887,

    Century 21 Ramos Realty

    Bought with:

    Anthony Ramos, RM425965

    Century 21 Ramos Realty

    Source: GLVR,MLS#: 744479MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas, Hot Water, Radiator(s)
    Cooling
    • None
    Appliances
    • Laundry: Washer Hookup
    Interior area
    • Total interior livable area: 2,474 sqft

    Property

    Features
    • Stories: 3
    Lot
    • Size: 2,482 Square Feet
    Details
    • Parcel number: 549679310604 001
    • Zoning: B1/R
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Townhouse, Multi Family, Single Family Residence
    Materials
    • Brick
    Condition
    • Unknown
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Fire Escape
    • Subdivision: Not in Development
    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $146/sqft
    • Tax assessed value: $112,600
    • Annual tax amount: $3,625
    • Date on market: 9/3/2024
    • Cumulative days on market: 42 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/30/2024Sold$360,000-4%$146/sqft
    Source: GLVR #744479 Report a problem
    10/11/2024Pending sale$375,000$152/sqft
    Source: Bright MLS #PALH2009916 Report a problem
    9/3/2024Listed for sale$375,000+89.2%$152/sqft
    Source: GLVR #744479 Report a problem
    10/25/2023Sold$198,176+103.3%$80/sqft
    Source: Public Record Report a problem
    7/11/2003Sold$97,500$39/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,127 $112,600
    2024$6,127 $112,600
    2023$6,127 $112,600
    2022$6,127 +3.4%$112,600
    2021$5,928 +1.5%$112,600
    2020$5,838 +11279.6%$112,600
    2019$51 +1.6%$112,600
    2018$51 $112,600
    2017-- $112,600
    2016-- $112,600
    2015-- $112,600
    2014-- $112,600 +236.1%
    2012-- $33,500
    2011-- $33,500
    2010-- $33,500
    2009-- $33,500
    2008-- $33,500
    2007-- $33,500
    2006-- $33,500
    2005-- $33,500
    2004-- $33,500
    2003-- $33,500
    Find assessor info on the county website

    Neighborhood: West Park Historic District

    Nearby schools

    GreatSchools rating
    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
    $402,300
    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
    $402,300