233 N Poplar Street Allentown, PA 18102
MULTI_FAMILY - Allentown City, PA
Property Features for 233 N Poplar Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-Mh-Medium High Density
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
- Parking features
- Off Street, On Street
- Standard status
- Active
- APN
- 549780075648 001
- Size
- 1,236 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1702
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1895
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Brick
Listing agent Shabana Pathan (610) 867-8888
Listing office Keller Williams Northampton 2901 Emrick Blvd., Ste 100, Bethlehem, PA (610) 867-8888
Listing date May 20, 2026
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.
Upstairs, the layout includes a finished loft/bedroom area that connects to an additional bedroom and a full bath featuring wainscoting, a tub/shower combination, and a linen closet. The third-floor bedroom includes a vaulted ceiling and a wood-paneled accent wall, creating a distinct upper retreat. A storage shed in the rear adds extra space for outdoor needs. The property is located in Allentown City, in Lehigh County, within zoning R-Mh-Medium High Density, with convenient access to major highways US-22 and PA-145 and nearby destinations including Lehigh Valley Grand Prix, the Allentown Farmers Market, and the Allentown Art Museum.
For tenants or owner-occupants seeking a ready-to-live-in layout, the home’s functional flow from dining to kitchen and the addition of a mudroom to the backyard can support everyday use, while the loft/bedroom configuration and multiple full bath spaces help accommodate flexible living arrangements. The rear storage shed is also practical for seasonal items and general upkeep.
Key Highlights
- 3‑bedroom, 1‑bath semi‑detached home with brick exterior and move‑in ready updates
- Year built 1895 with natural gas heating and hot water (heating)
- Laminate flooring throughout and bright family room with a large window
Local Financial Insights For Apartment 5plus
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 | $22.2k | $18.00 |
| − Vacancy | −$1.5k | −$1.22 |
| EGI | $20.7k | $16.78 |
| − OpEx | −$9.3k | −$7.55 |
| NOI | $11.4k | $9.23 |
