349 Hanover Avenue Allentown City, PA $ 699,900
349 Hanover Avenue
$ 699,900
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349 Hanover Avenue

Allentown City, PA, 18109
$ 699,900
Bedrooms5 Baths4.1 Sq 3,976

Monthly Estimate*

$ 4,419

349 Hanover Avenue, Allentown City, PA 18109 - Image 1
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Multi-Family Home for sale in Allentown City, PA for $699,900 with 5 bedrooms and 4 full baths, 1 half bath. This 3,976 square foot home was built in 1900 on a lot size of 0.326.

Welcome to this beautifully renovated four-unit property in East Allentown! Completely rebuilt from the studs in late 2023, this impressive investment property offers four modern apartments featuring hardwood flooring, recessed lighting, updated kitchens and bathrooms, and newer appliances. Each unit is equipped with a dishwasher, in-unit laundry, and energy-efficient mini-split systems providing both heating and cooling. Major improvements include updated electrical, plumbing, drywall, and windows, with all required city permits completed and closed. Each apartment features its own private entrance with no shared interior hallways. A large private parking lot in the rear provides convenient off-street parking for every unit. Unit 3, a spacious one-bedroom, two-bathroom apartment, is currently vacant—providing an excellent opportunity for an owner-occupant or allowing an investor to select their own tenant. With tenants responsible for their own utilities and extensive renovations already completed, this is a strong opportunity to add a turnkey four-unit property to your investment portfolio. Schedule your private showing today!

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Multi-Family Active

Price

$ 699,900

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 6,478

Style

Lot Size

0.326

Year Built

1900

Town/City

Allentown City

County/Region

Lehigh

MLS | Web ID

782381

Features
General
Sewer Public Sewer
Heating Baseboard Electric Heat Pump
Cooling Central Air
Zoning B-1
Construction Materials Brick Vinyl Siding
Year Built 1900
Property Subtype Apartment
Gross Income 78000
County Lehigh
Net Operating Income 53367
Operating Expense 24633
Insurance Expense 3777
Property Type Residential Income
MaintenanceExpense 1950
Subdivision Name Not in Development
Full Baths 4
Status Active
Directions W on Union Blvd - L on N Graham - R on Hanover Ave park in the back in the parking lot
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 4
MLS Area Allentown-East
Lot Size Units Square Feet
Lot Size Square Feet 14201
Year Built Details Unknown
Tax Annual Amount 6478
Electric Expense 900
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 1325
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 186700
Property Sub Type Additional Apartment
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Interior
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Total Bedrooms 5
Total Baths 5
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Exterior
Parking Features Parking Lot
Water Source Public
Total Parking 6
Lot Size Area 14201
Lot Size Acres 0.326
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* Excluded Features
List By
Nick Smith

Listing Agent

Coldwell Banker Hearthside

Broker

Affordability Calculator

$4,959
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,419
Monthly Property Taxes
$540
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/11/2026$699,900 Listed Price

Map


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349 Hanover Avenue, Allentown City, PA, 18109 is a Multi-Family Home for sale at $699,900 with 3,976 sqft and a lot size of 0.326. 349 Hanover Avenue has 5 bedrooms, 4.1 baths, and was built in 1900. The property's zip code is 18109 which is in Allentown City, PA