4-Unit Value-Add Investment Opportunity in Pen Argyl, PA!
Excellent opportunity to own a 4-unit multifamily property with one vacant, rent-ready unit, offering immediate upside and the ability to increase cash flow. The landlord currently pays water, sewer, and trash, while the property provides solid income potential and consistent rental demand. A great addition to any investment portfolio with value-add potential through lease-up.
For sale
Price cut: $16K (8/13)
$479,000
217 Pen Argyl St, Pen Argyl, PA 18072
9beds
3,268sqft
Multi Family, Apartment
Built in 1910
-- sqft lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
- 12 days |
- 261 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer L. DeJesus 610-217-6330,
Steel City Realty 484-895-9005
Source: GLVR,MLS#: 782008
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Interior area
- Total interior livable area: 3,268 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 2,962 Square Feet
Details
- Parcel number: E8NE2D4430625
- Zoning: 25R78
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in Development
Location
- Region: Pen Argyl
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $52,900
- Annual tax amount: $4,316
- Date on market: 8/5/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,624/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Price change | $479,000-3.2%$147/sqft |
Source: | ||
| 8/5/2026 | Listed for sale | $495,000+54.7%$151/sqft |
Source: | ||
| 6/7/2024 | Sold | $320,000-20%$98/sqft |
Source: | ||
| 5/11/2024 | Pending sale | $400,000$122/sqft |
Source: | ||
| 4/8/2024 | Price change | $400,000-5.9%$122/sqft |
Source: | ||
| 2/25/2024 | Listed for sale | $425,000+65.4%$130/sqft |
Source: | ||
| 5/13/2021 | Sold | $256,900$79/sqft |
Source: | ||
| 4/7/2021 | Pending sale | $256,900$79/sqft |
Source: | ||
| 3/30/2021 | Listed for sale | $256,900+8.6%$79/sqft |
Source: | ||
| 4/13/2005 | Sold | $236,500$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,264 -0.3% | $52,900 |
| 2024 | $4,277 | $52,900 |
| 2023 | $4,277 | $52,900 |
| 2022 | $4,277 +585.3% | $52,900 |
| 2021 | $624 | $52,900 |
| 2020 | $624 | $52,900 |
| 2018 | $624 | $52,900 |
| 2017 | -- | $52,900 |
| 2016 | -- | $52,900 |
| 2015 | -- | $52,900 |
| 2014 | -- | $52,900 |
| 2013 | -- | $52,900 |
| 2012 | -- | $52,900 |
| 2011 | -- | $52,900 |
| 2010 | -- | $52,900 |
| 2004 | -- | $52,900 |
| 2003 | -- | $52,900 |
| 2002 | -- | $52,900 |
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: 18072
Nearby schools
GreatSchools rating
- 4/10Wind Gap Middle SchoolGrades: 4-8Distance: 2.3 mi
- 6/10Pen Argyl Area High SchoolGrades: 9-12Distance: 0.4 mi
- 6/10Plainfield El SchoolGrades: K-3Distance: 5.4 mi
Schools provided by the listing agent
- District: Pen Argyl
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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