520 N 7TH Street Allentown, PA $ 474,999
520 N 7TH Street
$ 474,999
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520 N 7TH Street

Allentown, PA, 18102
$ 474,999
Baths0.0

Monthly Estimate*

$ 2,963

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Studio

Multi-Family Home for sale in Allentown, PA

for $474,999. This home was built in 1890.

Mixed-use 3-unit property in the heart of Center City Allentown, offering strong income and future upside. The building includes a commercial space on the first floor and two 1-bedroom apartments on the upper levels. Fully occupied and currently generating approximately $3,500 per month, with potential to increase to $4,200+ as rents are brought to market. Both residential leases are short term, providing flexibility for rent adjustments or repositioning. Located along busy North 7th Street, the property offers excellent visibility and steady foot traffic, surrounded by restaurants, shops, and local businesses. Just minutes from the PPL Center, Hamilton Street corridor, and major transportation routes. Seller is motivated—agents are encouraged to bring all offers.

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Multi-Family Active

Price

$ 474,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,801

Style

Year Built

1890

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

767155

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Wall Unit(s)
Zoning B1/R
Construction Materials Brick
Year Built 1890
Stories Count 3
Property Subtype Mixed Use
Gross Income 42000
County Lehigh
Net Operating Income 33500
Operating Expense 2500
Insurance Expense 2000
Property Type Residential Income
MaintenanceExpense 1000
Subdivision Name Old Allentn Historic
Status Active
Directions From Route 22 take the 7th Street exit and head south toward downtown Allentown. Continue straight for about two miles—520 N 7th Street will be on your right near Liberty Street and close to the PPL Center area.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 3
MLS Area Allentown-Central
Year Built Details Unknown
Tax Annual Amount 2801.63
Electric Expense 0
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 0
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 87400
Property Sub Type Additional Mixed Use
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
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* Excluded Features
List By
Jose Ortiz

Listing Agent

I-Do Real Estate

Broker

Affordability Calculator

$3,197
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,963
Monthly Property Taxes
$233
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
12/15/2025$474,999 -4.04% Price Down
11/1/2025$495,000 Listed Price

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520 N 7TH Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $474,999. 520 N 7TH Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 18102 which is in Allentown, PA