232 N Railroad Street Allentown, PA ^$ 195,000

232 N Railroad Street

^$ 195,000

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Recently Listed

232 N Railroad Street

Allentown, PA, 18102

^$ 195,000

Bedrooms4 Baths1.0

Monthly Estimate*

^$ 1,201

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Multi-Family Home for sale in Allentown, PA

for $195,000 with 4 bedrooms and 1 full bath. This home was built in 1893.

Excellent investment opportunity just steps from Allentown’s revitalizing Riverfront district! Spacious 4-bedroom home featuring an updated full bath, modern eat-in kitchen, and original hardwood floors throughout the 2nd and 3rd levels. One walk-through bedroom includes a walk-in closet. Fenced backyard adds tenant appeal. Currently tenant-occupied — great addition to any investment portfolio!

Multi-Family Active

Price

^$ 195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,239

Style

Year Built

1893

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

772160

Features

General

Sewer Public Sewer

Heating Baseboard Gas

Cooling Ceiling Fan(s) Wall/Window Unit(s)

Zoning R-Mh-Medium High Density

Construction Materials Brick

Year Built 1893

Stories Count 3

Property Subtype Townhouse

Gross Income 18900

County Lehigh

Net Operating Income 11205

Operating Expense 0

Insurance Expense 1427

Property Type Residential Income

MaintenanceExpense 4151

Subdivision Name Not in Development

Full Baths 1

Status Active

Directions From US Rte 22 take the Fullerton St exit south. Fullerton St becomes N Front St. Follow to Chew St and turn right. Left onto N Railroad and property is on the right.

City Allentown

Senior Community Y/N false

High School District Allentown

Number Of Units Total 1

MLS Area Allentown-Central

Year Built Details Unknown

Tax Annual Amount 1239.8

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 38300

Property Sub Type Additional Townhouse

Unit 1/2

Interior

Flooring Hardwood

Total Stories 3

Heating Y/N true

Total Bedrooms 4

Total Baths 1

Exterior

Parking Features On Street

Water Source Public

Total Parking 0

* Excluded Features

List By

Reema Richie

Listing Agent

Weichert Realtors

Broker

Allentown

Office

Affordability Calculator

$1,304

Per Month

Monthly Principal & Interest: $1,201
Monthly Property Taxes: $103
Monthly Home Insurance: --

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Down Payment

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Allentown, PA

Average List Price ^$588,617

Percent of Sale Price 202%

About Allentown, PA

121,040 Population

13% Since 2002

^$37,889 Median Income

35.22 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4196651 Elementary School

4073866 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2026	$195,000		Listed Price

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232 N Railroad Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $195,000. 232 N Railroad Street has 4 bedrooms, 1.0 baths, and was built in 1893. The property's zip code is 18102 which is in Allentown, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS®/ Greater Lehigh Valley Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/22/2026.

1429N 20-494

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232 N Railroad Street

Multi-Family Home for sale in Allentown, PA

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