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

Allentown, PA, 18103
$ 435,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,678

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Multi-Family Home for sale in Allentown, PA

for $435,000 with 4 bedrooms. This home was built in 1870 on a lot size of 0.04.

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

Property Type

Multi-Family

Taxes

$ 3,201

Style

Unit/Flat

Lot Size

0.04

Year Built

1870

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

PALH2014394
Features
General
Living Area 0
Sewer Public Septic
Heating Baseboard - Electric
Cooling None
Possession Settlement
Zoning R-H
Architectural Style Unit/Flat
Construction Materials Brick
School District ALLENTOWN
Year Built 1870
View City
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality ALLENTOWN CITY
Gross Income 40280.00
Accessibility 2+ Access Exits
County LEHIGH
Net Operating Income 35075.00
Operating Expense 5205.00
Insurance Expense 1172.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 500.00
Subdivision Name ALLENTOWN
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
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
Number Of Units Total 3
MLS Area Allentown City (12302)
Lot Size Units Square Feet
Lot Size Square Feet 1938.00
Number of Units Leased 3
Tax Annual Amount 3201.0
Property Condition Good
Two Bedroom 0
Structure Type Interior Row/Townhouse
Avg. Electric Per Month 28.0
Rent Control Y/N Y
Vacation Rental Y/N N
Location Type Downtown
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 021
Total Actual Rent 40280.00
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Interior
Heating Fuel Natural Gas
Basement Full
Flooring Engineered Wood Ceramic Tile
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Block Stone
Water View Y/N N
Lot Dimensions 17.00 x 114.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 7000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 139
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* Excluded Features
List By
Exp Commercial

Broker

jimjrreardon@gmail.com

Email

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
3502943 Elementary School
3502934 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/2/2026$435,000 Listed Price

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139 N 5Th Street, Allentown, PA, 18103 is a Multi-Family Home for sale at $435,000 with a lot size of 0.04. 139 N 5Th Street has 4 bedrooms, 0.0 baths, and was built in 1870. The property's zip code is 18103 which is in Allentown, PA

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