Two-Unit Brick Row-Home
For Sale
$300,000
129 S 12th St, Allentown, PA 18102
Brick duplex with separate entrances, a private rear yard, and a first-floor one-bedroom unit alongside a second-floor two-bedroom unit.
Property Size2,070 SF
Price / SF$144.93
Days on Market73
Property Features for 129 S 12th St
General Information
Standard status
Active
Size
2,070 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
private rear yard
off-street parking access
separate entrances
Building Details
Year Built
1915
Buildings
1
Construction
brick row home
Listing Agency:
Allentown City Realty
Listed By:
Carlos A. Nunez
(484) 505-9222
Source:
Jennysoldmine
Added: Aug 14
Changed: Oct 7
Last Checked: Oct 7 at 4:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allentown City Realty
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Investment Insights
Based on property information with market context.
Located at 129 S 12th St in Allentown, this 2,070-square-foot brick row-home duplex contains two separate residential units. The first-floor apartment has one bedroom, while the second-floor apartment provides two bedrooms, creating a varied unit mix within the building. Each unit has its own entrance, and the property includes spacious living areas.
Outdoor features include a private rear yard and access to off-street parking. The property is positioned near shopping, restaurants, schools, public transportation, and major commuter routes, providing convenient connections to everyday services and area travel corridors.
Outdoor features include a private rear yard and access to off-street parking. The property is positioned near shopping, restaurants, schools, public transportation, and major commuter routes, providing convenient connections to everyday services and area travel corridors.
Key Highlights
- 2,070‑square‑foot brick row‑home duplex at 129 S 12th St, Allentown, PA
- First‑floor apartment includes 1 bedroom
- Second‑floor apartment includes 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,713
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,260
$434.3K
Cap Rate 7%
$310,186
$310.2K
Cap Rate 9%
$241,256
$241.3K
Market Conditions
NOI Build-Up for 2,070 SF
Gross rent
$33.5K $16.20/SF
− Vacancy
−$2.5K −$1.22/SF
EGI
$31.0K $14.99/SF
− OpEx
−$9.3K −$4.50/SF
NOI
$21.7K $10.49/SF
Area
Allentown, PA
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,260
Cap Rate 7%
$310,186
Cap Rate 9%
$241,256
Alternative Uses
Best Use
Multifamily LT 5
$310.2K
$271.4K – $361.9K
NOI $21,713 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$272.8K
$238.7K – $318.3K
NOI $19,099 @ 7.0% cap · market cap 6.37%
Theoretical Best
Specialty Retail
$406.7K
$355.8K – $474.5K
NOI $28,467 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,413
Businesses Nearby
Explore this area
Business Placement
Demographics for 18102, PA
51,567
Population
18,788
Households
2.7
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
3.0 sq mi
ZIP Area
17,189
Density / Sq Mi
$40,681
Median Household Income
$29,501
Median Earnings
$1,224
Median Rent
$146,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex with separate entrances, a private rear yard, and a first-floor one-bedroom unit alongside a second-floor two-bedroom unit.
Where is this duplex located?
The property is located at 129 S 12th St Allentown, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,070‑square‑foot brick row‑home duplex at 129 S 12th St, Allentown, PA; First‑floor apartment includes 1 bedroom; Second‑floor apartment includes 2 bedrooms
