Single Family: MLS #775692 Allentown, PA $ 1,300,000
Single Family: MLS #775692
$ 1,300,000
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Single Family: MLS #775692

Allentown, PA, 18101
$ 1,300,000
Baths0.0 Sq 13,344

Monthly Estimate*

$ 8,004

MLS #/Web ID: 775692 - Image 1
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Studio

Single Family Home for sale in Allentown, PA

for $1,300,000. This 13,344 square foot home was built in 1920 on a lot size of 0.095.

Positioned in the heart of downtown Allentown within the highly sought-after Neighborhood Improvement Zone (NIZ), . The location of this prominent four-story building, benefits from excellent visibility, steady pedestrian flow, and proximity to major attractions, offices, and residential developments. Above the commercial space, the upper three floors present a rare value-add opportunity. Already wired, plumbed, and partially framed, these levels are primed for completion into nine residential apartments—offering investors the ability to capitalize on the area’s continued growth and demand for downtown living. With much of the heavy lifting already completed, this property provides a streamlined path to generating additional rental income while leveraging the tax advantages and incentives associated with the NIZ. Whether you're an investor looking for upside potential or a developer looking to maximize returns in one of Pennsylvania’s fastest-growing urban cores, this property delivers a compelling blend of stability, scalability, and location-driven value. *Business and Beer License are not included and are being sold separately.

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Single Family Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 4,741

Style

Lot Size

0.095

Year Built

1920

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

775692

Features
General
Sewer PublicSewer
Heating Gas
Cooling CentralAir
Possession Immediately Negotiable
Roof Flat
Zoning B-2
Construction Materials Brick
Year Built 1920
Property Subtype Commercial
Business Type BarberBeauty BarTavernLounge ConvenienceStore FoodAndBeverage FastFood GiftShop Grocery Laundromat
Business Name Confidential
County Lehigh
Property Type CommercialSale
Possible Use MultiFamily Office Other Residential Restaurant Retail Wholesale
Status Active
Directions Call Listing agent
City Allentown City
High School District Allentown
MLS Area Allentown-Central
Lot Size Units SquareFeet
Lot Size Square Feet 4138
Tax Annual Amount 4741
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 126300
Property Sub Type Additional Commercial
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Interior
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Parking Features OffStreet
Water Source Public
Total Parking 2
Inclusions Real Estate/Business
Lot Size Area 4138
Building Area Total 13344
Lot Dimensions 21x230
Lot Size Acres 0.095
Road Surface Type Concrete
Frontage Length 21
Lot Size Source PublicRecords
Road Frontage Type CityStreet
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* Excluded Features
List By
Steve Walden

Listing Agent

Re/Max Real Estate

Broker

Affordability Calculator

$8,399
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$395
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/21/2026$1,300,000 30.00% Price Up
5/21/2026$1,000,000 -33.33% Price Down
5/6/2026$1,500,000 -14.29% Price Down
4/24/2026$1,750,000 Listed Price

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