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Sold for $320,000
  • $320,000

    518 W Tilghman St, Allentown, PA 18102

    3beds
    2,141sqft
    Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $334,400 Zestimate®
    $149/sqft
    $1,599 Estimated rent

    Home value

    $334,400

    $301,000 - $364,000

    $1,599/mo

    Zestimate® history
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    $2,121/mo

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    What's special

    Solid brick construction
    Turnkey Investment Opportunity in Allentown’s Historic Old Fairgrounds District! This fully occupied, income-producing brick 3 unit offers a strong return and hassle-free ownership in the heart of Allentown. With three well-maintained 1-bedroom units, this property generates $34,620 in gross annual income. Tenants enjoy the convenience of public water/sewer, and the property benefits from efficient gas and electric utilities with RUBS implemented to help manage costs. Key features include: • Solid brick construction and classic 1900 charm • Separate electric meters • Current leases in place through early 2026 • Zoned R-MH in a desirable residential area near transit, dining, and more • Off-street garage included for unit 1 Whether you’re a seasoned investor or just getting started, this is a rare chance to acquire a stabilized asset in a growing rental market. Low property taxes and strong tenant history make this a must-see. Schedule your private showing today—48 hours’ notice preferred.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank J. Renaldi, Jr. 484-788-8682,

    CENTURY 21 Pinnacle

    Bought with:

    Gary Elbert, RS205118L

    Bellman & Radcliff

    Evelyn Martinez, RS280034

    Bellman & Radcliff

    Source: GLVR,MLS#: 759942MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric, Gas
    Cooling
    • None
    Interior area
    • Total interior livable area: 2,141 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage, On Street
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 1,916 Square Feet
    Details
    • Parcel number: 640704518364 1
    • Zoning: R-MH
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Old Frgrnds Historic
    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $149/sqft
    • Tax assessed value: $73,800
    • Annual tax amount: $4,016
    • Date on market: 6/27/2025
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/13/2025Sold$320,000-7.2%$149/sqft
    Source: GLVR #759942 Report a problem
    7/3/2025Pending sale$345,000$161/sqft
    Source: GLVR #759942 Report a problem
    6/27/2025Listed for sale$345,000+50%$161/sqft
    Source: GLVR #759942 Report a problem
    12/30/2020Sold$230,000-4.2%$107/sqft
    Source: GLVR #642464 Report a problem
    11/21/2020Pending sale$240,000$112/sqft
    Source: RE/MAX Real Estate #642464 Report a problem
    7/13/2020Listed for sale$240,000+159.7%$112/sqft
    Source: RE/MAX Real Estate #642464 Report a problem
    6/11/2018Sold$92,400+8.7%$43/sqft
    Source: GLVR #579519 Report a problem
    5/4/2018Price change$85,000+129.7%$40/sqft
    Source: BHHS Fox & Roach - Bethlehem #579247 Report a problem
    4/27/2018Listed for sale$37,000+1837.2%$17/sqft
    Source: Bhhs Fox&Roach Realtors #P111ZLX Report a problem
    1/26/2018Sold$1,910-98.5%$1/sqft
    Source: Public Record Report a problem
    12/13/2006Sold$130,000+44.6%$61/sqft
    Source: Public Record Report a problem
    7/1/2005Sold$89,900$42/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,016 $73,800
    2024$4,016 $73,800
    2023$4,016 $73,800
    2022$4,016 +3.4%$73,800
    2021$3,885 +1.5%$73,800
    2020$3,826 +11280.5%$73,800
    2019$34 +1.6%$73,800
    2018$33 $73,800
    2017-- $73,800
    2016-- $73,800
    2015-- $73,800
    2014-- $73,800 +137.7%
    2012-- $31,050
    2011-- $31,050
    2010-- $31,050
    2009-- $31,050
    2008-- $31,050
    2007-- $31,050
    2006-- $31,050
    2005-- $31,050
    2004-- $31,050
    2003-- $31,050
    Find assessor info on the county website

    Neighborhood: Jordan Heights/Old Fairgrounds

    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.

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    Estimated market value
    $334,400
    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
    $334,400