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1243 Russell Street Allentown, PA $ 159,000
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1243 Russell Street
$ 159,000
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1243 Russell Street

Allentown, PA, 18102
$ 159,000
Bedrooms3 Baths1.0 Sq 1,066

Monthly Estimate*

$ 1,004

1243 Russell Street, Allentown, PA 18102 - Image 1
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Multi-Family Home for sale in Allentown, PA

for $159,000 with 3 bedrooms and 1 full bath. This 1,066 square foot home was built in 1903 on a lot size of 0.016.

Turnkey investment opportunity! This three-bedroom, one-bathroom twin home features a long-term, stable tenant already in place, making it an ideal addition to any rental portfolio. The property arrives with a clear Certificate of Occupancy from the City of Allentown and is ready to generate immediate cash flow. Located at 1243 Russell Street, this property includes one off-street parking spot, electric heat, public water and sewer, and gas, cooking, and laundry hookups in the basement. Tenant pays all utilities except trash (billed with taxes), and the area offers low property taxes. Perfect for investors seeking a passive income property with minimal landlord involvement and zero turnover or renovation costs. Showing times are currently available Saturday, Sunday, and Wednesday- reach out to your agent to schedule!

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Multi-Family Active

Price

$ 159,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,755

Style

Lot Size

0.016

Year Built

1903

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

783420
Features
General
Sewer Public Sewer
Heating Baseboard Electric
Cooling Wall/Window Unit(s)
Zoning R-MH
Construction Materials Brick Veneer
Year Built 1903
Levels Two and One Half
Property Subtype Semi-Detached
Gross Income 15900
County Lehigh
Net Operating Income 12896
Operating Expense 3004
Insurance Expense 509
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name West End Improvement Co
Full Baths 1
Status Active
Directions from N 13th St 0.6 mi Turn left onto Russell St- destination will be on your left
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 1
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 711
Tax Annual Amount 1755
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 0
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 54700
Property Sub Type Additional Semi-Detached
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Interior
Total Stories 2
Heating Y/N true
Total Bedrooms 3
Total Baths 1
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Exterior
Water Source Public
Total Parking 1
Lot Size Area 711
Lot Size Acres 0.016
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* Excluded Features
List By
Christine A. Stefchak

Listing Agent

Light House Realty Lv Llc

Broker

Affordability Calculator

$1,150
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,004
Monthly Property Taxes
$146
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/27/2026$159,000 Listed Price

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1243 Russell Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $159,000 with 1,066 sqft and a lot size of 0.016. 1243 Russell Street has 3 bedrooms, 1.0 baths, and was built in 1903. The property's zip code is 18102 which is in Allentown, PA

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