Great Investment opportunity to own this 4-6 units property with oversized 2-car Garages and 4-parking spots. A potential $85,800/year in gross income with over 10% Cap rate. 6- Electric & gas meters for each unit, while lower-level is electric baseboard heat. Each building has 3 units with over 6,192sqft of living space (12 bedrooms and 6 full Baths in total). Centrally located near Downtown Allentown and all local attractions. Don't miss out on this great investment opportunity. Schedule your private showing today. Bring offers!! Motivated Seller
For sale
$749,900
529-531 N 2nd St, Allentown, PA 18102
12beds
6,192sqft
Mixed Use, Multi Family, Apartment, Single Family Residence
Built in ----
-- sqft lot
$718,300 Zestimate®
$121/sqft
$-- HOA
What's special
- 21 days
- 662
- 46
Zillow last checked:
Listing updated:
Listed by:
Dean F. Alk 484-619-8394,
Reinvest Real Estate LLC 484-619-8394,
Daiana Rajha 484-221-5467,
Reinvest Real Estate LLC
Source: GLVR,MLS#: 782660
Originating MLS: Lehigh Valley MLS
Originating MLS: Lehigh Valley MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Electric, Gas, Hot Water
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Interior area
- Total interior livable area: 6,192 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached, Garage, Off Street, Parking Garage, Parking Pad
- Has garage: Yes
- Has uncovered spaces: Yes
Lot
- Size: 5,009 Square Feet
Details
- Parcel number: 640734350365 1 & 640734259593 1
- Zoning: R-Mh-Medium High Density
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use, Multi Family, Apartment, Single Family Residence
Materials
- Brick
Condition
- Unknown
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: $121/sqft
- Tax assessed value: $202,400
- Annual tax amount: $6,538
- Date on market: 8/13/2026
Estimated market value
$718,300
$682,000 - $754,000
$1,406/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $749,900$121/sqft |
Source:  GLVR #782660 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 6th Ward
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.
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