858 N 7th Street Allentown, PA $ 624,900
858 N 7th Street
$ 624,900
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858 N 7th Street

Allentown, PA, 18102
$ 624,900
Bedrooms7 Baths5.0 Sq 2,828

Monthly Estimate*

$ 3,899

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Multi-Family Home for sale in Allentown, PA

for $624,900 with 7 bedrooms and 5 full baths. This 2,828 square foot home was built on a lot size of 0.048.

Come see this updated 5-Units property centrally located in the fast-growing Allentown City. This property offering strong CASH FLOW of $69,000/year in gross income with over 9.86% Cap rate. Tenants responsible for all their own utilities, while owner covers only: water/sewer & trash. New Roof installed in 2024, Separate Basement entrance for storage area or refinish in the future, Low Expenses, LOW TAXES and reliable tenants for immediate income and peace of mind. Centrally located near Downtown Allentown and all local attractions. Don't miss out on this great investment opportunity to own a solid Income producing asset in a desirable location in Allentown city. schedule your showing today!

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Multi-Family Active

Price

$ 624,900

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 3,467

Style

Lot Size

0.048

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

756610

Features
General
Sewer Public Sewer
Heating Baseboard Electric
Cooling Wall/Window Unit(s)
Zoning R-Mh-Medium High Density
Security Features Fire Escape
Construction Materials Brick
Property Subtype Apartment
Gross Income 69000
County Lehigh
Net Operating Income 61658
Operating Expense 7342
Insurance Expense 2157
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Full Baths 5
Status Active
Directions From I-22 take 7th St towards Allentown. Property on the corner of Greenleaf intersection
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 5
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 2082
Year Built Details Unknown
Tax Annual Amount 3467.65
Electric Expense 360
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 1800
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 108600
Property Sub Type Additional Apartment Single Family Residence
Unit 860
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Interior
Interior Amenities Balcony
Heating Y/N true
Total Bedrooms 7
Total Baths 5
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Exterior
Parking Features On Street
Water Source Public
Total Parking 0
Lot Size Area 2082
Lot Size Acres 0.048
Lot Size Source Public Records
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* Excluded Features
List By
Dean F. Alk

Listing Agent

Reinvest Real Estate Llc

Broker

Affordability Calculator

$4,187
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,899
Monthly Property Taxes
$289
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4196651 Elementary School
4073866 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2025$624,900 Listed Price

Map


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858 N 7th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $624,900 with 2,828 sqft and a lot size of 0.048. 858 N 7th Street has 7 bedrooms and 5.0 baths. The property's zip code is 18102 which is in Allentown, PA