438 N 7th Street Allentown, PA $ 502,000
438 N 7th Street
$ 502,000
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438 N 7th Street

Allentown, PA, 18102
$ 502,000
Baths0.0 Sq 2,878

Monthly Estimate*

$ 3,132

438 N 7th Street, Allentown, PA 18102 - Image 1
438 N 7th Street, Allentown, PA 18102 - Image 2
438 N 7th Street, Allentown, PA 18102 - Image 3
438 N 7th Street, Allentown, PA 18102 - Image 4
438 N 7th Street, Allentown, PA 18102 - Image 5
438 N 7th Street, Allentown, PA 18102 - Image 6
438 N 7th Street, Allentown, PA 18102 - Image 7
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Studio

Multi-Family Home for sale in Allentown, PA

for $502,000. This 2,878 square foot home was built in 1843 on a lot size of 0.107.

Value-Add Mixed-Use Opportunity – Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. • Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage—ideal for an owner-occupant or to maximize rental income. • Unit 2: One-bedroom studio apartment, perfect for consistent rental income. • Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.

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Multi-Family Active

Price

$ 502,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,990

Style

Lot Size

0.107

Year Built

1843

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

762577

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Ceiling Fan(s)
Zoning B1/R
Construction Materials Brick
Year Built 1843
Stories Count 3
Property Subtype Mixed Use
Gross Income 60420
County Lehigh
Net Operating Income 44320
Operating Expense 16100
Insurance Expense 5076
Property Type Residential Income
MaintenanceExpense 2400
Subdivision Name Not in Development
Status Active
Directions Head south on PA-145 S/MacArthur Rd. Continue to follow PA-145 S. Destination will be 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 4681
Tax Annual Amount 2990.51
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 800
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 89500
Property Sub Type Additional Mixed Use
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Interior
Total Stories 3
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 3
Lot Size Area 4681
Lot Size Acres 0.107
Lot Size Source Public Records
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* Excluded Features
List By
Ayon A. Codner

Listing Agent

Keller Williams Allentown

Broker

Affordability Calculator

$3,381
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,132
Monthly Property Taxes
$249
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
9/24/2025$502,000 Listed Price

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438 N 7th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $502,000 with 2,878 sqft and a lot size of 0.107. 438 N 7th Street is a studio with 0.0 baths and was built in 1843. The property's zip code is 18102 which is in Allentown, PA