520 7th Street Allentown, PA $ 454,999
520 7th Street
$ 454,999
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520 7th Street

Allentown, PA, 18102
$ 454,999
Bedrooms-- Baths0.0 Sq 2,463

Monthly Estimate*

$ 3,143

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Multi-Family Home for sale in Allentown, PA

for $454,999. This 2,463 square foot home was built in 1890 on a lot size of 0.041.

Mixed-use 3-unit property in the heart of Center City Allentown, offering strong income and future upside. The building includes a commercial space on the first floor and two 1-bedroom apartments on the upper levels. Two units occupied and currently generating approximately $2,950 per month, with potential to lease at full capacity to $4,150. Residential leases are short term, providing flexibility for rent adjustments or repositioning. Located along busy North 7th Street, the property offers excellent visibility and steady foot traffic, surrounded by restaurants, shops, and local businesses. HVAC in commercial unit, mini splits in second unit, all units metered separately. Just minutes from the PPL Center, Hamilton Street corridor, and major transportation routes. Seller is motivated—agents are encouraged to bring all offers.

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Multi-Family Active

Price

$ 454,999

Property Type

Multi-Family

Taxes

$ 2,821

Style

Lot Size

0.041

Year Built

1890

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

784301

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Central Air Wall Unit(s)
Zoning B1/R
Construction Materials Brick
Year Built 1890
Stories Count 3
Property Subtype Apartment
Gross Income 49800
County Lehigh
Net Operating Income 43200
Operating Expense 7321
Insurance Expense 2000
Property Type Residential Income
MaintenanceExpense 1500
Subdivision Name Not in Development
Status Active
Directions Head east on Allen street make a right on 7th street and property is on the right.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 3
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 1807
Tax Annual Amount 2821.13
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 87400
Property Sub Type Additional Apartment
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 1807
Lot Size Acres 0.041
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* Excluded Features
List By
Jose Ortiz

Listing Agent

I-Do Real Estate

Broker

Affordability Calculator

$3,378
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,143
Monthly Property Taxes
$235
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/28/2026$454,999 Listed Price

Map


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520 7th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $454,999 with 2,463 sqft and a lot size of 0.041. 520 7th Street has 0.0 baths and was built in 1890. The property's zip code is 18102 which is in Allentown, PA