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219 S Madison Allentown, PA $ 300,000
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219 S Madison
$ 300,000
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219 S Madison

Allentown, PA, 18102
$ 300,000
Baths0.0 Sq 1,992

Monthly Estimate*

$ 1,847

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Studio

Multi-Family Home for sale in Allentown, PA

for $300,000. This 1,992 square foot home was built in 1914.

Great opportunity to own a fully occupied 3-unit investment property with steady rental income and long-term tenants already in place. This property features two 1 bedroom units, and a well set up studio unit. Property is an ideal value-add opportunity for investors looking to improve equity over time. Landlord pays efficient gas heat for the building, which keeps tenants warm with economical costs instead of extremely high electric heat bills. Owner is PA licensed

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Multi-Family Active

Price

$ 300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,953

Style

Year Built

1914

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

776620
Features
General
Sewer Public Sewer
Heating Gas Hot Water
Cooling None
Zoning R-Mh
Construction Materials Aluminum Siding Brick Frame
Year Built 1914
Stories Count 3
Property Subtype Townhouse
Gross Income 34020
County Lehigh
Net Operating Income 24357
Operating Expense 2971
Insurance Expense 871
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Status Active
Directions East on walnut left on Madison property on right
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 2953.02
Electric Expense 595
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 1070
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 91500
Property Sub Type Additional Townhouse
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Interior
Total Stories 3
Air Conditioning Y/N false
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
Nick Spade

Listing Agent

Spade Property Management Inc.

Broker

Affordability Calculator

$2,093
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$246
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2026$300,000 Listed Price

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219 S Madison, Allentown, PA, 18102 is a Multi-Family Home for sale at $300,000 with 1,992 sqft. 219 S Madison is a studio with 0.0 baths and was built in 1914. The property's zip code is 18102 which is in Allentown, PA

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