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Sold for $310,000
  • $310,000

    343 N 16th St, Allentown, PA 18102

    3beds
    1,612sqft
    Multi Family, Apartment
    Built in 1915
    -- sqft lot
    $317,400 Zestimate®
    $192/sqft
    $1,885 Estimated rent

    Home value

    $317,400

    $286,000 - $355,000

    $1,885/mo

    Zestimate® history
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    $1,885/mo

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    $1,885/mo

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    $2,006/mo

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    What's special

    Renovated first-floor unitMove-in ready
    This well-maintained two-family property in Allentown offers the perfect blend of immediate cash flow and future upside. The renovated first-floor unit is occupied by a long-term tenant paying $1,250/month, while the spacious 2-bedroom second-floor unit is vacant and move-in ready—ideal for an owner-occupant or a new tenant. The upstairs unit is now poised to command market rent of approximately $1,650/month. The property features a central boiler (heat paid by landlord), a shared washer and dryer in the basement, and a clear certificate of occupancy in place. Whether you're looking to house hack or expand your rental portfolio, this is a turn-key opportunity with solid fundamentals and value-add potential. Don't miss out on this fantastic opportunity to own a profitable and well-cared-for two-family building. Contact us today to schedule a viewing and make this investment yours! A Minimum of 24 Hour Notice is Required for Showing - Contact Info in Agent Remarks.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Spade 610-703-8420,

    Spade Property Management Inc.

    Bought with:

    Anthony Ramos, RM425965

    Century 21 Ramos Realty

    Maria Rossi, RS365548

    Century 21 Ramos Realty

    Source: GLVR,MLS#: 757199MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas, Hot Water
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Interior area
    • Total interior livable area: 1,612 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 1,568 Square Feet
    Details
    • Parcel number: 549750330984001
    • Zoning: R-MH-MEDIUM HIGH DENSITY
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick, Frame
    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: $192/sqft
    • Tax assessed value: $85,500
    • Annual tax amount: $2,678
    • Date on market: 6/16/2025
    • Cumulative days on market: 4 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

    Price history

    DateEventPrice
    7/30/2025Sold$310,000+3.4%$192/sqft
    Source: GLVR #757199 Report a problem
    6/16/2025Pending sale$299,900$186/sqft
    Source: GLVR #757199 Report a problem
    6/3/2025Listing removed$299,900$186/sqft
    Source: GLVR #757199 Report a problem
    6/3/2025Pending sale$299,900$186/sqft
    Source: GLVR #757199 Report a problem
    5/30/2025Listed for sale$299,900+0.3%$186/sqft
    Source: GLVR #757199 Report a problem
    8/12/2024Listing removed$299,000$185/sqft
    Source: GLVR #741093 Report a problem
    7/24/2024Pending sale$299,000$185/sqft
    Source: GLVR #741093 Report a problem
    7/5/2024Listed for sale$299,000+43.5%$185/sqft
    Source: GLVR #741093 Report a problem
    5/8/2024Sold$208,405$129/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,652 $85,500
    2024$4,652 $85,500
    2023$4,652 $85,500
    2022$4,652 +3.4%$85,500
    2021$4,501 +1.5%$85,500
    2020$4,433 +11280.5%$85,500
    2019$39 +1.6%$85,500
    2018$38 $85,500
    2017-- $85,500
    2016-- $85,500
    2015-- $85,500
    2014-- $85,500 +152.6%
    2012-- $33,850
    2011-- $33,850
    2010-- $33,850
    2009-- $33,850
    2008-- $33,850
    2007-- $33,850
    2006-- $33,850
    2005-- $33,850
    2004-- $33,850
    2003-- $33,850
    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.

    Get a cash offer in 3 minutes
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    Estimated market value
    $317,400
    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
    $317,400