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215 S Madison Street Allentown, PA $ 249,900
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$ 249,900 Get more info
215 S Madison Street
$ 249,900
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215 S Madison Street

Allentown, PA, 18102
$ 249,900
Bedrooms4 Baths2.0 Sq 2,034

Monthly Estimate*

$ 1,726

215 S Madison Street, Allentown, PA 18102 - Image 1
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Multi-Family Home for sale in Allentown, PA

for $249,900 with 4 bedrooms and 2 full baths. This 2,034 square foot home was built in 1914 on a lot size of 0.042.

Excellent investment opportunity in the heart of Allentown! This two-unit property is a handyman special with significant improvements already completed. The property has been completely gutted and rebuilt with brand-new drywall/sheetrock, subflooring, plumbing, electrical, windows, and doors. The remaining work includes installation of kitchens, bathrooms, flooring, and paint. The property features two separate units: one with 1 bedroom and the other with 3 bedrooms. Great opportunity for an investor or owner-occupant looking to live in one unit while renting the other for additional income. Bring your finishing touches and turn this property into a great investment!

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Multi-Family Active

Price

$ 249,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,072

Style

Lot Size

0.042

Year Built

1914

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

787647
Features
General
Sewer Public Sewer
Heating Electric
Cooling None
Zoning R-MH
Construction Materials Brick
Year Built 1914
Stories Count 3
Property Subtype Apartment
Gross Income 34800
County Lehigh
Net Operating Income 29200
Operating Expense 5600
Insurance Expense 800
Property Type Residential Income
MaintenanceExpense 400
Subdivision Name Not in Development
Full Baths 2
Status Active
Directions From Hamilton go south to Madison street Property on left.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 2
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 1840
Tax Annual Amount 3072
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 960
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 94800
Property Sub Type Additional Apartment
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Interior
Total Stories 3
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 4
Total Baths 2
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 1840
Lot Size Acres 0.042
Lot Size Source Public Records
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* Excluded Features
List By
Belinda S. Asmar

Listing Agent

Setton Realty

Broker

Affordability Calculator

$1,982
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,726
Monthly Property Taxes
$256
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/7/2026$249,900 Listed Price

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215 S Madison Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $249,900 with 2,034 sqft and a lot size of 0.042. 215 S Madison Street has 4 bedrooms, 2.0 baths, and was built in 1914. The property's zip code is 18102 which is in Allentown, PA

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