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Corner Mixed-Use Retail and Apartment

146 11th Street Allentown, PA 18102

146 11th Street, Allentown, PA, 18102
$395,000
For Sale
Claim this Listing
$395,000

MULTI_FAMILY - Allentown City, PA

Property Size2,459 SF
Lot Size0.05 Acres
Price / SF$160.63
AddedMay 22
Days on Market56
Last RefreshJul 16 at 10:06 am

Property Features for 146 11th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-MH-Medium High Density
Bedrooms
2
Bathrooms
4
Rooms
Bathroom 4, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1
Parking features
On Street, Garage
Standard status
Active
APN
549780346810-1
Size
2,459 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
4829

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Building materials
Brick

Listing agent Blanca T. Echeverria

Listing office HowardHanna TheFrederickGroup 3500 Winchester Rd, Ste 201, Allentown, PA

Listing date May 22, 2026

MLS# 777608 Listing URL

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This corner mixed-use property features a first-floor commercial storefront with three half bathrooms and central A/C. The storefront also includes newly installed gray plank flooring. An additional two-bedroom apartment is located above, and the property has a large attic that could be converted into a potential third bedroom. A clear Certificate of Occupancy is in place.

The property is located at 146 11th Street in Allentown City, Lehigh County, Pennsylvania 18102, and is zoned R-MH-Medium High Density. The total property size is 2,459 square feet, and the lot size is 0.046 acres.

Key Highlights

  • Corner property with first‑floor commercial storefront plus a 2‑bedroom apartment above
  • First floor includes a commercial storefront with 3 half bathrooms and central air
  • Apartment features 2 bedrooms and a large attic that could be converted into a 3rd bedroom

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.7k $18.60
− Vacancy −$2.5k −$1.00
EGI $43.3k $17.60
− OpEx −$13.0k −$5.28
NOI $30.3k $12.32
2,459 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$432.7K
$378.6K – $504.8K (±1% cap)
NOI $30,287 @ 7.0% cap · market cap 7.67%
Second Best
Multifamily LT 5
$368.5K
$322.4K – $429.9K (±1% cap)
NOI $25,794 @ 7.0% cap · market cap 6.53%
Theoretical Best
Specialty Retail
$483.1K
$422.7K – $563.6K (±1% cap)
NOI $33,816 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Locksmith Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Restaurant Travel Agency (Bike/Boat/Book/etc) Store Gym & Fitness Center Florist Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Corner property offers a storefront with three half baths and central A/C, plus a two-bedroom apartment with attic potential.
Where is this duplex located?
The property is located at 146 11th Street Allentown, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Corner property with first‑floor commercial storefront plus a 2‑bedroom apartment above; First floor includes a commercial storefront with 3 half bathrooms and central air; Apartment features 2 bedrooms and a large attic that could be converted into a 3rd bedroom
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