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247 N 7th Street Allentown, PA $ 1,300,000
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247 N 7th Street
$ 1,300,000
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247 N 7th Street

Allentown, PA, 18102
$ 1,300,000
Bedrooms15 Baths7.2 Sq 7,870

Monthly Estimate*

$ 8,208

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Multi-Family Home for sale in Allentown, PA

for $1,300,000 with 15 bedrooms and 7 full baths, 2 half baths. This 7,870 square foot home was built in 1900 on a lot size of 0.066.

Prime investment opportunity on Allentown’s highly sought-after 7th Street corridor! This 7,870 sq. ft. fully rented income-producing property features a total of 7 units, including five 2-bedroom apartments, one spacious 5-bedroom apartment, and a grocery store. The property offers a total of 15 bedrooms and 7 bathrooms, along with gas heat. Located on a busy and well-established commercial corridor surrounded by restaurants, businesses, shopping, and everyday amenities, this property provides strong visibility and excellent rental potential. A great opportunity for investors looking to add a fully occupied multi-unit property with a commercial component to their portfolio in a prime Allentown location.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

15

Full Bath

7

Half Bath

2

Property Type

Multi-Family

Taxes

$ 10,284

Style

Lot Size

0.066

Year Built

1900

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

782934
Features
General
Sewer Public Sewer
Heating Gas
Cooling Ceiling Fan(s) Wall/Window Unit(s)
Zoning B1/R
Security Features Fire Escape
Construction Materials Aluminum Siding Brick
Year Built 1900
Stories Count 3
Property Subtype Townhouse
Gross Income 97200
County Lehigh
Net Operating Income 86536
Operating Expense 10664
Insurance Expense 5000
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Full Baths 7
Status Active
Directions South on 7th property on the corner of 7th and Chew.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 7
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 2875
Tax Annual Amount 10284.8
Electric Expense 264
Fuel Expense 1000
Water Sewer Expense 4400
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 318300
Property Sub Type Additional Townhouse Single Family Residence
Unit 249
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Interior
Interior Amenities Balcony
Total Stories 3
Heating Y/N true
Half Baths 2
Total Bedrooms 15
Total Baths 9
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 2875
Lot Dimensions 26.04 X 100
Lot Size Acres 0.066
Lot Size Source Public Records
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* Excluded Features
List By
Kelvin Diaz

Listing Agent

Allentown City Realty

Broker

Affordability Calculator

$9,065
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$857
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
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Pricing History
DatePricePrice ChangeDescription
8/19/2026$1,300,000 Listed Price

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247 N 7th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $1,300,000 with 7,870 sqft and a lot size of 0.066. 247 N 7th Street has 15 bedrooms, 7.2 baths, and was built in 1900. The property's zip code is 18102 which is in Allentown, PA

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