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    2236 S 12Th St Allentown, PA 18103

    For Sale
    $2,900,000

    MULTI_FAMILY - Allentown City, PA

    Property size:
    44,196 SF
    Lot size:
    1.07 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 2236 S 12Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-3-GENERAL INDUSTRIAL
    APN
    640508780773001
    Parking
    137
    Size
    44,196 SF
    Lot size
    1.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Number of units
    90
    Building materials
    Brick

    Howard Hanna The Frederick Group (610) 398-0411 [email protected]

    Listing agent Doug Frederick (610) 360-4993

    Listing date Sep 24, 2025

    Copyright © 2025 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.

    Overview

    Allentown Multifamily Conversion Opportunity

    This property in Allentown City, PA, presents an opportunity for a 40-unit apartment conversion within an existing 44,000 square foot structure. The property, situated on 1.073 acres, benefits from a new roof, two elevators, and two stair towers already in place. Existing bathrooms and plumbing runs offer potential cost savings during the conversion process. The layout is described as nice, and the location is considered terrific, with proximity to I-78 and Lehigh Street. The zoning is I-3-GENERAL INDUSTRIAL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.474039
    Latitude
    40.570604

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    FAQs

    What type of property is this?
    Apartment building - 40-unit apartment conversion project in Allentown City, PA.
    Where is this apartment building located?
    The property is located at 2236 S 12Th St Allentown, PA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Approved for 40 apartments within an existing 44,000 sq. ft. structure.; - Terrific location close to I-78 and Lehigh St.; - New roof, 2 elevators, and 2 stair towers already in place.
    (610) 360-4993
    Request Owner's contact information
    2236 S 12Th St Allentown, PA 18103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2236 S 12Th St Allentown, PA 18103
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