514 N 5th Street Allentown, PA $ 395,000
514 N 5th Street
$ 395,000
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514 N 5th Street

Allentown, PA, 18102
$ 395,000
Bedrooms6 Baths3.0 Sq 2,928

Monthly Estimate*

$ 2,464

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Multi-Family Home for sale in Allentown, PA

for $395,000 with 6 bedrooms and 3 full baths. This 2,928 square foot home was built in 1900 on a lot size of 0.04.

Investor’s Delight! Don’t miss this spacious 3-unit apartment building offering strong positive cash flow. Each apartment is just under 1,000 sq. ft., providing comfortable living space for tenants. Recent updates include brand-new replacement windows and siding, ensuring a low-maintenance exterior and reduced heating costs for years to come. The property has passed annual HUD inspections, demonstrating consistent upkeep and compliance. Additional income opportunity: the garage rents for $150/month. A solid investment with great potential and minimal upkeep — perfect for both new and seasoned investors!

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Multi-Family Pending

Price

$ 395,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,143

Style

Lot Size

0.04

Year Built

1900

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

767871

Features
General
Sewer Public Sewer
Heating Gas Hot Water
Cooling Wall/Window Unit(s)
Utilities Cable Available
Zoning R-MH
Security Features Smoke Detector(s)
Construction Materials Brick Vinyl Siding
Year Built 1900
Stories Count 3
Property Subtype Apartment
Gross Income 40800
County Lehigh
Net Operating Income 35639
Operating Expense 5161
Insurance Expense 1200
Property Type Residential Income
Attached Garage true
MaintenanceExpense 0
Subdivision Name Old Frgrnds Historic
Garage Y/N true
Full Baths 3
Status Pending
Directions Tilghman St to South on 5th St. cross Allen to building on right
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 3
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 1746
Year Built Details Unknown
Tax Annual Amount 3143.62
Electric Expense 200
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 1200
Standard Status Pending
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 98600
Property Sub Type Additional Apartment Single Family Residence
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Interior
Interior Amenities Balcony
Total Stories 3
Heating Y/N true
Total Bedrooms 6
Total Baths 3
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Exterior
Parking Features Attached Garage
Water Source Public
Total Parking 0
Lot Size Area 1746
Lot Dimensions 15.87 X 110
Lot Size Acres 0.04
Lot Size Source Public Records
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* Excluded Features
List By
Ines M. Echevarria

Listing Agent

Mountain Top Real Estate

Broker

Affordability Calculator

$2,726
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,464
Monthly Property Taxes
$262
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
11/12/2025$395,000 3.95% Price Up
11/12/2025$380,000 Listed Price

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514 N 5th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $395,000 with 2,928 sqft and a lot size of 0.04. 514 N 5th Street has 6 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 18102 which is in Allentown, PA