Multi-Family Residence with Detached
1217 W Allen Street Allentown, PA 18102
1217 W Allen Street, Allentown, PA, 18102
$265,000
For Sale
$265,000
MULTI_FAMILY - Allentown City, PA
Property Size1,434 SF
Lot Size0.04 Acres
Price / SF$184.80
Days on Market111
Property Features for 1217 W Allen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-Mh-Medium High Density
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
- Parking
- 1
- Parking features
- Garage, On Street, Off Street
- Standard status
- Active
- APN
- 549762839211 001
- Size
- 1,434 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2931
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Natural Gas
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Hardwood
- Building materials
- Brick
Listing Agency
Howard Hanna TheFrederickGroup
(610) 398-0411
3500 Winchester Rd, Ste 201, Allentown, PA
Listed by
Heather Kidd
(610) 398-0411
Added: Mar 30 Checked: Jul 18 at 7:06 am
MLS# 772553
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.
1217 W Allen Street is a multi-family residence featuring a practical interior layout with a bright living area and separate dining space. The kitchen is described as modern yet functional, and the upper level includes three well-sized bedrooms and a full bathroom. Additional space on the upper floor provides flexibility for storage, a workspace, or other reconfiguration depending on an operator’s needs. Outside, the property includes a covered front entry, a manageable yard area designed to keep exterior maintenance manageable, and a detached garage that can support additional parking or storage.
The property is located in Allentown City, Lehigh County, Pennsylvania. It is zoned R-Mh-Medium High Density, offering a residential framework for multi-family use. The lot is listed at 0.041 acres, and the property size is noted as 1,434 square feet.
This home may appeal to buyers and investors looking for a residence with clear room separation, an established bedroom layout, and practical site features such as the detached garage and a covered entry. The flexible upper-floor area can be useful for tenants who need extra space, or for operators planning interior adjustments without changing the overall footprint.
The property is located in Allentown City, Lehigh County, Pennsylvania. It is zoned R-Mh-Medium High Density, offering a residential framework for multi-family use. The lot is listed at 0.041 acres, and the property size is noted as 1,434 square feet.
This home may appeal to buyers and investors looking for a residence with clear room separation, an established bedroom layout, and practical site features such as the detached garage and a covered entry. The flexible upper-floor area can be useful for tenants who need extra space, or for operators planning interior adjustments without changing the overall footprint.
Key Highlights
- Brick home built in 1916 with hardwood flooring
- 3 bedrooms and 2 bathrooms, including a full bath on the upper floor
- Public water and public sewer connection
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 | $25.8k | $18.00 |
| − Vacancy | −$1.8k | −$1.22 |
| EGI | $24.1k | $16.78 |
| − OpEx | −$10.8k | −$7.55 |
| NOI | $13.2k | $9.23 |
1,434 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$189.0K
$165.4K – $220.5K
NOI $13,231 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$281.7K
$246.5K – $328.7K
NOI $19,720 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Well-laid-out residence with 3 bedrooms, manageable outdoor space, and a detached garage for parking or storage needs.
Where is this single family property located?
The property is located at 1217 W Allen Street Allentown, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Brick home built in 1916 with hardwood flooring; 3 bedrooms and 2 bathrooms, including a full bath on the upper floor; Public water and public sewer connection
