139 N 5th Street Allentown, PA $ 435,000
139 N 5th Street
$ 435,000
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139 N 5th Street

Allentown, PA, 18102
$ 435,000
Bedrooms4 Baths3.0 Sq 2,390

Monthly Estimate*

$ 2,678

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Multi-Family Home for sale in Allentown, PA

for $435,000 with 4 bedrooms and 3 full baths. This 2,390 square foot home was built in 1870 on a lot size of 0.044.

Fully occupied, all-brick three-unit investment property generating $40,280 in gross income and $35,075 in net income. The building includes a 3-bedroom/2-bath unit, a 1-bedroom/1-bath unit, and a studio apartment, all leased with staggered expirations extending through 2026, providing strong income stability. Tenants pay all utilities, including electric, gas heat, and water. Water is submetered, making it a tenant responsibility. Landlord expenses are minimal and clearly documented, limited to taxes and insurance. In-place rents provide consistent cash flow, with upside supported by historical leasing performance and recent rent growth in the Allentown-Central submarket. This asset is well suited for investors seeking stabilized income, a diversified unit mix, and a clear path to improved performance through rent growth.

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Multi-Family Active

Price

$ 435,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,202

Style

Lot Size

0.044

Year Built

1870

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

770822

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling None Wall/Window Unit(s)
Zoning R-H
Construction Materials Brick
Year Built 1870
Stories Count 3
Property Subtype Apartment
Gross Income 40280
County Lehigh
Net Operating Income 35075
Operating Expense 5205
Insurance Expense 1172
Property Type Residential Income
MaintenanceExpense 500
Subdivision Name Not in Development
Full Baths 3
Status Active
Directions Turn right onto Airport Rd 7.5 mi Turn right onto American Pkwy 2.2 mi Turn right onto W Gordon St 0.3 mi Turn left onto N 5th St
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 1938
Tax Annual Amount 3202.67
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 0
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 99400
Property Sub Type Additional Apartment
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Interior
Total Stories 3
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 4
Total Baths 3
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Exterior
Water Source Public
Total Parking 3
Lot Size Area 1938
Lot Dimensions 17 X 114
Lot Size Acres 0.044
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* Excluded Features
List By
Joshua Schoenberger

Listing Agent

Exp Realty Llc

Broker

Affordability Calculator

$2,945
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,678
Monthly Property Taxes
$267
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/1/2026$435,000 Listed Price

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139 N 5th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $435,000 with 2,390 sqft and a lot size of 0.044. 139 N 5th Street has 4 bedrooms, 3.0 baths, and was built in 1870. The property's zip code is 18102 which is in Allentown, PA