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137 N 3rd Street Allentown, PA $ 184,900
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$ 184,900 Get more info
137 N 3rd Street
$ 184,900
Back to search
Share Save

137 N 3rd Street

Allentown, PA, 18101
$ 184,900
Bedrooms5 Baths1.1 Sq 1,478

Monthly Estimate*

$ 1,154

137 N 3rd Street, Allentown, PA 18101 - Image 1
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Multi-Family Home for sale in Allentown, PA

for $184,900 with 5 bedrooms and 1 full bath, 1 half bath. This 1,478 square foot home was built in 1890 on a lot size of 0.023.

Investor opportunity in Allentown! This spacious 5-bedroom, 1.5-bath twin offers nearly 1,500 sq. ft. of living space, featuring a newer roof, efficient gas heating system, and a fenced yard providing privacy and low-maintenance outdoor space. With a projected rent of $1,900 per month and annual taxes of only $1,532, the property delivers an impressive estimated 10.5% cap rate. Conveniently located just minutes from downtown Allentown, tenants will enjoy quick access to shopping, dining, schools, and major highways. A solid, well-maintained property offering excellent cash flow and long-term investment stability.

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Multi-Family Active

Price

$ 184,900

Bedrooms

5

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 1,532

Style

Lot Size

0.023

Year Built

1890

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

766170
Features
General
Sewer Public Sewer
Heating Gas Radiator(s)
Cooling Wall/Window Unit(s)
Utilities Cable Available
Zoning R-MH
Patio/Porch Features Patio
Construction Materials Brick
Year Built 1890
Stories Count 3
Property Subtype Townhouse
Gross Income 22800
County Lehigh
Net Operating Income 21000
Operating Expense 500
Insurance Expense 1000
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Full Baths 1
Status Active
Directions From Route 22 exit onto Hamilton St toward downtown Allentown then continue east and turn right ontoN 3rd St. The property at 137 N 3rd St will be on the left.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 1
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 1020
Tax Annual Amount 1532.92
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 0
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 48700
Property Sub Type Additional Townhouse
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Interior
Interior Amenities Wired for Data
Flooring Carpet
Total Stories 3
Heating Y/N true
Half Baths 1
Total Bedrooms 5
Total Baths 2
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Exterior
Parking Features On Street
Water Source Public
Total Parking 0
Lot Size Area 1020
Lot Size Acres 0.023
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* Excluded Features
List By
Zack Nebbaki

Listing Agent

Exp Realty Llc

Broker

Affordability Calculator

$1,281
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,154
Monthly Property Taxes
$128
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/4/2025$184,900 -2.11% Price Down
11/20/2025$188,890 -3.13% Price Down
10/14/2025$195,000 -2.50% Price Down
10/9/2025$200,000 Listed Price

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137 N 3rd Street, Allentown, PA, 18101 is a Multi-Family Home for sale at $184,900 with 1,478 sqft and a lot size of 0.023. 137 N 3rd Street has 5 bedrooms, 1.1 baths, and was built in 1890. The property's zip code is 18101 which is in Allentown, PA

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