437 Allen Street, Allentown, PA 18102

Allentown
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
437 Allen Street,Allentown City, PA 18102
$447,000
  • 5 Beds
  • 3 Baths
  • 2,112 sq. ft.
  • Multi-family
  • Active
Listed by: joshua schoenberger
Office: steel city realty
MLS#:779067
Source:PA_LVAR

Price summary

  • Price:$447,000
  • Price per sq. ft.:$211.65

About this home

4 unit investment property.. Potential gross income $57,000 with a potential net income of $46700. Three apartments plus a large basement and garage to be rented, basement only 2 steps down. An exceptional real estate investment opportunity awaits with this all-brick, three-story multi-family apartment building perfectly situated in the heart of Central Allentown. This well-maintained property features a total of four spacious units, offering a versatile mix of a 2-bedroom layout, two 1-bedroom configurations, and a lower-level basement and garage space primed for additional rental income. Boasting an impressive projected gross annual income of $57,000 and a strong R-MH zoning code, this building comes equipped with efficient electric baseboard heating and five convenient on- and off-street parking spaces.Location is everything, and this property puts tenants right in the center of a thriving, high-demand rental market. Residents will enjoy incredible walkability and seamless access...

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Home facts

  • Year built:1900
  • Subdivision & Development:Not in Development
  • Listing ID #:779067
  • Added:45 day(s) ago
  • Updated:August 01, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,112 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1900
  • Building area:2,112 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Brick, Stone
  • Levels:3 or More Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$447,000
  • Price per sq. ft.:$211.65
  • Tax amount:$4,630

Parking

  • Total parking spaces:5
  • Parking description:Garage
  • Garage:Yes

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