For sale

Price cut: $100K (9/30)

$1,100,000

247-249 N 7th St, Allentown, PA 18102

15beds

7,870sqft

$7,608/mo

Get pre-qualified

Townhouse, Multi Family, Single Family Residence

Built in 1900

2,874 Square Feet Lot

$1,059,900 Zestimate^®

$140/sqft

$-- HOA

What's special

Strong visibilityGas heat

Prime investment opportunity on Allentown’s highly sought-after 7th Street corridor! This 7,870 sq. ft. fully rented income-producing property features a total of 7 units, including five 2-bedroom apartments, one spacious 5-bedroom apartment, and a grocery store. The property offers a total of 15 bedrooms and 7 bathrooms, along with gas heat. Located on a busy and well-established commercial corridor surrounded by restaurants, businesses, shopping, and everyday amenities, this property provides strong visibility and excellent rental potential. A great opportunity for investors looking to add a fully occupied multi-unit property with a commercial component to their portfolio in a prime Allentown location.

49 days
237
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 7
Full bathrooms: 7
1/2 bathrooms: 2

Heating

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Features

Balcony

Interior area

Total interior livable area: 7,870 sqft

Property

Features

Stories: 3

Lot

Size: 2,874 Square Feet
Dimensions: 26.04 x 100

Details

Parcel number: 6407015961361
Zoning: B1/R
Special conditions: None

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse, Multi Family, Single Family Residence

Materials

Aluminum Siding, Brick

Condition

Year built: 1900

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: $140/sqft
Tax assessed value: $318,300
Annual tax amount: $10,284
Date on market: 8/19/2026

Estimated market value

$1,059,900

$1.01M - $1.11M

$1,713/mo

Price history

Date	Event	Price
9/30/2026	Price change	$1,100,000-8.3%$140/sqft
Source: GLVR #782934 Report a problem
9/12/2026	Price change	$1,200,000-7.7%$152/sqft
Source: GLVR #782934 Report a problem
8/19/2026	Listed for sale	$1,300,000+282.4%$165/sqft
Source: GLVR #782934 Report a problem
1/5/2006	Sold	$340,000$43/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$17,673 +2%	$318,300
2025	$17,320	$318,300
2024	$17,320	$318,300
2023	$17,320	$318,300
2022	$17,320 +3.4%	$318,300
2021	$16,758 +1.5%	$318,300
2020	$16,502 +11279.2%	$318,300
2019	$145 +1.6%	$318,300
2018	$143	$318,300
2017	--	$318,300
2016	--	$318,300
2015	--	$318,300