9.78% CAP RATE | 8.42 GRM. Secure immediate, high-yield cash flow with this fully stabilized, turnkey duplex designed for a great buy-and-hold investor. Featuring a 2BR/1BA and a 1BR/1BA unit, this asset is occupied by long-term tenants at current market rates, ensuring a seamless ownership transfer. Engineered for a low-CAPEX decade, the property has undergone a comprehensive renovation including a newly replaced roof, new windows, all-new appliances, new flooring, and professional interior/exterior paint. Operational efficiency is maximized via a management-light, all-electric configuration with fully separated meters, insulating the owner from utility overhead. Positioned in a high-density urban corridor, the asset includes the rare competitive advantage of dedicated on-site parking, driving long-term tenant retention and appreciation. This is a clinical, high-performance addition to any portfolio, offering superior yield with zero deferred maintenance! ¡Se Habla Español! Please do not disturb tenants!
Sold for $306,000
$306,000
240 E Hamilton St, Allentown, PA 18109
3beds
1,918sqft
Duplex, Multi Family, Multi Family, Apartment, Single Family Residence
Built in 1915
-- sqft lot
$294,900 Zestimate®
$160/sqft
$1,880 Estimated rent
Home value
$294,900
$280,000 - $310,000
$1,880/mo
Zestimate® history
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$1,990/mo
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List your homeWhat's special
Dedicated on-site parkingNewly replaced roofNew windowsNew flooringAll-new appliances
Zillow last checked:
Listing updated:
Listed by:
Luis Paulino 484-871-9337,
Light House Realty LV LLC
Bought with:
Jared A. Sawka, RS373622
Howard Hanna TheFrederickGroup
Source: GLVR,MLS#: 775224
Originating MLS: Lehigh Valley MLS
Originating MLS: Lehigh Valley MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Interior area
- Total interior livable area: 1,918 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 1,916 Square Feet
Details
- Parcel number: 640772171251001
- Zoning: B-3-Highway Business
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family, Apartment, Single Family Residence
Materials
- Brick
Condition
- Year built: 1915
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: $160/sqft
- Tax assessed value: $93,200
- Annual tax amount: $3,034
- Date on market: 4/17/2026
- Cumulative days on market: 5 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Sold | $306,000+5.6%$160/sqft |
Source:  GLVR #775224 Report a problem | ||
| 4/21/2026 | Pending sale | $289,900$151/sqft |
Source: GLVR #775224 Report a problem | ||
| 4/17/2026 | Listed for sale | $289,900+93.3%$151/sqft |
Source: GLVR #775224 Report a problem | ||
| 3/30/2026 | Listing removed | $1,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/29/2026 | Price change | $1,495-3.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/11/2026 | Price change | $1,545-3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/5/2026 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/18/2025 | Sold | $150,000$78/sqft |
Source: Public Record Report a problem | ||
| 10/17/2020 | Sold | $150,000+0.1%$78/sqft |
Source: GLVR #648185 Report a problem | ||
| 9/10/2020 | Listed for sale | $149,900+354.2%$78/sqft |
Source: TSB Property #648174 Report a problem | ||
| 8/21/2009 | Sold | $33,000-62.5%$17/sqft |
Source: Public Record Report a problem | ||
| 4/27/2009 | Price change | $88,000-11.1%$46/sqft |
Source: foreclosure.com Report a problem | ||
| 4/1/2009 | Price change | $99,000-10%$52/sqft |
Source: foreclosure.com Report a problem | ||
| 2/23/2009 | Listed for sale | $110,000-12.7%$57/sqft |
Source: foreclosure.com Report a problem | ||
| 6/8/2007 | Sold | $126,000+32.8%$66/sqft |
Source: Public Record Report a problem | ||
| 7/26/2005 | Sold | $94,900+46.2%$49/sqft |
Source: Public Record Report a problem | ||
| 2/3/2004 | Sold | $64,900+196.3%$34/sqft |
Source: Public Record Report a problem | ||
| 8/26/2003 | Sold | $21,900-59.4%$11/sqft |
Source: Public Record Report a problem | ||
| 3/8/2000 | Sold | $54,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,071 | $93,200 |
| 2024 | $5,071 | $93,200 |
| 2023 | $5,071 | $93,200 |
| 2022 | $5,071 +3.4% | $93,200 |
| 2021 | $4,907 +1.5% | $93,200 |
| 2020 | $4,832 +11280% | $93,200 |
| 2019 | $42 +1.6% | $93,200 |
| 2018 | $42 | $93,200 |
| 2017 | -- | $93,200 |
| 2016 | -- | $93,200 |
| 2015 | -- | $93,200 |
| 2014 | -- | $93,200 +320.8% |
| 2012 | -- | $22,150 |
| 2011 | -- | $22,150 |
| 2010 | -- | $22,150 |
| 2009 | -- | $22,150 |
| 2008 | -- | $22,150 |
| 2007 | -- | $22,150 |
| 2006 | -- | $22,150 |
| 2005 | -- | $22,150 |
| 2004 | -- | $22,150 |
| 2003 | -- | $22,150 |
Find assessor info on the county website
Neighborhood: East Allentown
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10Mosser Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Harrison-Morton Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Louis E Dieruff High SchoolGrades: 9-12Distance: 1 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
$294,900
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Estimated market value
$294,900
- Pennsylvania
- Lehigh County
- Allentown
- 18109
- East Allentown
- 240 E Hamilton St
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