Move-In Ready Residential Income
1304 1/2 W Gordon Allentown, PA 18102
1304 1/2 W Gordon, Allentown, PA, 18102
$199,900
For Sale
$199,900
MULTI_FAMILY - Allentown City, PA
Property Size1,318 SF
Lot Size0.02 Acres
Price / SF$151.67
Days on Market29
Property Features for 1304 1/2 W Gordon
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-Mh
- Bedrooms
- 4
- Bathrooms
- 1
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3
- Parking features
- Off Street
- Standard status
- Active
- APN
- 549761808319 1
- Size
- 1,318 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2036
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Steam, Other (Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1905
- Floors in Building
- 3
- Number of units
- 1
- Building materials
- Brick
Listing Agency
Keller Williams Allentown
(610) 435-1800
1605 N.CedarCrestBlvd, Ste309, Allentown, PA
Listed by
Mark T. Baechle
(610) 435-1800
Added: Jun 20 Checked: Jul 18 at 5:06 am
MLS# 779378
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 move-in ready residential income home features a remodeled interior with updated flooring throughout, including newly stained and sealed hardwood floors. The layout includes a large living room/dining room plus a sizable kitchen/dining area, along with a covered front porch. Improvements noted include new dining room flooring, updated bathroom flooring and fixtures, and replaced/updated window coverings and door locks. Additional updates include a newer and/or revitalized rubber roof, kitchen cabinets and countertop elements, and updated appliances such as a refrigerator and gas stove/oven. A fenced-in backyard and “clear CO to be provided” are also indicated.
The property is located in Allentown City, Pennsylvania, in a residential zoning designation of R-Mh. Public remarks state the home is across from a day-care center and the newest elementary school in Allentown.
The lot is listed at 0.02 acres, with a property size of 1,318 square feet. Clear Colorado (CO) is indicated as forthcoming, with highest and best due by 9pm on 7/10/26.
The property is located in Allentown City, Pennsylvania, in a residential zoning designation of R-Mh. Public remarks state the home is across from a day-care center and the newest elementary school in Allentown.
The lot is listed at 0.02 acres, with a property size of 1,318 square feet. Clear Colorado (CO) is indicated as forthcoming, with highest and best due by 9pm on 7/10/26.
Key Highlights
- Move‑in ready 4‑bedroom home with newly stained & sealed hardwood floors throughout
- Huge living room/dining room plus large kitchen/dining room layout
- Newer “lifetime” rubber roof; clear CO to be provided
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 | $23.7k | $18.00 |
| − Vacancy | −$1.6k | −$1.22 |
| EGI | $22.1k | $16.78 |
| − OpEx | −$9.9k | −$7.55 |
| NOI | $12.2k | $9.23 |
1,318 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$173.7K
$152.0K – $202.7K
NOI $12,161 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$258.9K
$226.6K – $302.1K
NOI $18,125 @ 7.0% cap · market cap 9.07%
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 - Remodeled 4-bedroom residence with newly updated floors, kitchen finishes, and a rubber roof, plus a fenced backyard.
Where is this single family property located?
The property is located at 1304 1/2 W Gordon Allentown, PA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Move‑in ready 4‑bedroom home with newly stained & sealed hardwood floors throughout; Huge living room/dining room plus large kitchen/dining room layout; Newer “lifetime” rubber roof; clear CO to be provided
