Investor’s Delight!
Don’t miss this spacious 3-unit apartment building offering strong positive cash flow. Each apartment is just under 1,000 sq. ft., providing comfortable living space for tenants.
Recent updates include brand-new replacement windows and siding, ensuring a low-maintenance exterior and reduced heating costs for years to come. The property has passed annual HUD inspections, demonstrating consistent upkeep and compliance.
Additional income opportunity: the garage rents for $150/month.
A solid investment with great potential and minimal upkeep — perfect for both new and seasoned investors!
Sold for $425,000
$425,000
514 N 5th St, Allentown, PA 18102
6beds
2,928sqft
Multi Family, Apartment, Single Family Residence
Built in 1900
-- sqft lot
$442,900 Zestimate®
$145/sqft
$1,529 Estimated rent
Home value
$442,900
$403,000 - $478,000
$1,529/mo
Zestimate® history
Owner options
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$1,529/mo
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$1,529/mo
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$2,764/mo
Est. payment
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$2,764/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ines M. Echevarria 610-570-1297,
Mountain Top Real Estate
Bought with:
Christopher W. McKay, RS377466
Keller Williams Allentown
David S. Ribardo, RS341538
Keller Williams Allentown
Source: GLVR,MLS#: 767871
Originating MLS: Lehigh Valley MLS
Originating MLS: Lehigh Valley MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Hot Water
Cooling
- Wall/Window Unit(s)
Features
- Balcony
Interior area
- Total interior livable area: 2,928 sqft
Property
Parking
- Parking features: Attached, Garage
- Has attached garage: Yes
Features
- Stories: 3
Lot
- Size: 1,742 Square Feet
- Dimensions: 15.87 x 110
Details
- Parcel number: 640703947384 001
- Zoning: R-MH
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment, Single Family Residence
Materials
- Brick, Vinyl Siding
Condition
- Unknown
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Old Frgrnds Historic
Location
- Region: Allentown
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $98,600
- Annual tax amount: $3,143
- Date on market: 11/12/2025
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Sold | $425,000+7.6%$145/sqft |
Source:  GLVR #767871 Report a problem | ||
| 11/14/2025 | Pending sale | $395,000$135/sqft |
Source: GLVR #767871 Report a problem | ||
| 11/14/2025 | Listed for sale | $395,000+427.4%$135/sqft |
Source: GLVR #767871 Report a problem | ||
| 8/11/2013 | Listing removed | $74,900$26/sqft |
Source: Quaint Oak Real Estate, LLC #439919 Report a problem | ||
| 10/24/2012 | Listed for sale | $74,900-57.7%$26/sqft |
Source: Quaint Oak Real Estate, LLC #439919 Report a problem | ||
| 7/11/2006 | Sold | $177,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,365 | $98,600 |
| 2024 | $5,365 | $98,600 |
| 2023 | $5,365 | $98,600 |
| 2022 | $5,365 +3.4% | $98,600 |
| 2021 | $5,191 +1.5% | $98,600 |
| 2020 | $5,112 +11280% | $98,600 |
| 2019 | $45 +1.6% | $98,600 |
| 2018 | $44 | $98,600 |
| 2017 | -- | $98,600 |
| 2016 | -- | $98,600 |
| 2015 | -- | $98,600 |
| 2014 | -- | $98,600 +123.3% |
| 2012 | -- | $44,150 |
| 2011 | -- | $44,150 |
| 2010 | -- | $44,150 |
| 2009 | -- | $44,150 |
| 2008 | -- | $44,150 |
| 2007 | -- | $44,150 |
| 2006 | -- | $44,150 |
| 2005 | -- | $44,150 |
| 2004 | -- | $44,150 |
| 2003 | -- | $44,150 |
Find assessor info on the county website
Neighborhood: Jordan Heights/Old Fairgrounds
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Nearby schools
GreatSchools rating
- 5/10Brigadier General Anna Mae Hays Elementary SchoolGrades: K-5Distance: 0.9 mi
- 2/10Francis D Raub Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10William Allen High SchoolGrades: 9-12Distance: 1.4 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
$442,900
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
$442,900
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