Value-Add Mixed-Use Opportunity – Three (3) Units For Sale
An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential.
• Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage—ideal for an owner-occupant or to maximize rental income.
• Unit 2: One-bedroom studio apartment, perfect for consistent rental income.
• Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease.
Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value.
Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.
For sale
$480,000
438 N 7th St, Allentown, PA 18102
3beds
3baths
2,878sqft
Mixed Use, Multi Family
Built in 1843
-- sqft lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
Private restroomAda rampRear parkingOne-bedroom studio apartmentTwo-bedroom apartmentGenerous storage
- 392 days
- 274
- 10
Zillow last checked:
Listing updated:
Listed by:
Ayon A. Codner 954-895-9439,
Keller Williams Allentown 610-435-1800
Source: GLVR,MLS#: 762577
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Baseboard
Cooling
- Ceiling Fan(s)
Interior area
- Total interior livable area: 2,878 sqft
Property
Parking
- Total spaces: 3
Features
- Stories: 3
Lot
- Size: 4,660 Square Feet
Details
- Parcel number: 549792978241 1
- Zoning: B1/R
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use, Multi Family
Materials
- Brick
Condition
- Year built: 1843
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: $167/sqft
- Tax assessed value: $89,500
- Annual tax amount: $2,990
- Date on market: 8/7/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,424/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $480,000-4.4%$167/sqft |
Source: | ||
| 8/7/2025 | Listed for sale | $502,000+271.9%$174/sqft |
Source: | ||
| 12/11/2019 | Sold | $135,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,874 +20.6% | $105,800 +18.2% |
| 2025 | $4,870 | $89,500 |
| 2024 | $4,870 | $89,500 |
| 2023 | $4,870 | $89,500 |
| 2022 | $4,870 +3.4% | $89,500 |
| 2021 | $4,712 +1.5% | $89,500 |
| 2020 | $4,640 +11278.4% | $89,500 |
| 2019 | $41 +1.6% | $89,500 |
| 2018 | $40 | $89,500 |
| 2017 | -- | $89,500 |
| 2016 | -- | $89,500 |
| 2015 | -- | $89,500 |
| 2014 | -- | $89,500 +144.9% |
| 2012 | -- | $36,550 |
| 2011 | -- | $36,550 |
| 2010 | -- | $36,550 |
| 2009 | -- | $36,550 |
| 2008 | -- | $36,550 |
| 2007 | -- | $36,550 |
| 2006 | -- | $36,550 |
| 2005 | -- | $36,550 |
| 2004 | -- | $36,550 |
| 2003 | -- | $36,550 |
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: Old Allentown Historic District
Nearby schools
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.





