Triplex on a Corner
New
For Sale
$625,000
1339 S Howard Street S, Allentown, PA 18103
ResidentialIncome, Allentown City, PA
Property Size2,991 SF
Lot Size0.17 Acres
Price / SF$208.96
Days on Market6
Property Features for 1339 S Howard Street S
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
N3-Twinhouse- House Neigh
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 2
Parking
6
Patio and Porch features
Patio
Subdivision
Not in Development
Elementary school district
Allentown
Middle school district
Allentown
High school district
Allentown
Directions
Go Down Lehigh St. Turn Right on W Tioga St. Pass Stop Sign. Building on Left
Standard status
Active
APN
640613172746 1
Size
2,991 SF
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
6282
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Amenities
front porch/balcony
rear fenced porch
Building Details
Year built
1983
Floors in Building
2
Number of units
3
Building materials
Brick
Listing Agency:
BHHS Regency Real Estate · Prudential Real Estate
Listed By:
Romario Elias
(610) 432-5252
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 31 at 6:06AM
MLS# 787097
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.
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Investment Insights
Based on property information with market context.
This 2,991-square-foot triplex sits on a 0.171-acre corner parcel and was built in 1983. The brick building has electric heat, wall-unit cooling, and a patio. Public water and sewer serve the property, which is zoned N3-Twinhouse- House Neigh.
The property includes a driveway, a front porch or balcony, and a fenced rear porch. Existing tenants are described as long term, and a clear certificate of occupancy is in hand.
The property includes a driveway, a front porch or balcony, and a fenced rear porch. Existing tenants are described as long term, and a clear certificate of occupancy is in hand.
Key Highlights
- Triplex with 2,991 square feet of building area
- 0.171‑acre corner parcel
- Brick construction; built in 1983
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,374
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,480
$627.5K
Cap Rate 7%
$448,200
$448.2K
Cap Rate 9%
$348,600
$348.6K
Market Conditions
NOI Build-Up for 2,991 SF
Gross rent
$48.5K $16.20/SF
− Vacancy
−$3.6K −$1.22/SF
EGI
$44.8K $14.99/SF
− OpEx
−$13.4K −$4.50/SF
NOI
$31.4K $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%
$627,480
Cap Rate 7%
$448,200
Cap Rate 9%
$348,600
Alternative Uses
Best Use
Multifamily LT 5
$448.2K
$392.2K – $522.9K
NOI $31,374 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$394.2K
$345.0K – $460.0K
NOI $27,597 @ 7.0% cap · market cap 4.42%
Theoretical Best
Specialty Retail
$587.6K
$514.2K – $685.5K
NOI $41,132 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 18103, PA
48,358
Population
19,769
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
17.2 sq mi
ZIP Area
2,812
Density / Sq Mi
$72,545
Median Household Income
$38,377
Median Earnings
$1,333
Median Rent
$242,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units occupy a brick building with a driveway and outdoor porch space.
Where is this triplex located?
The property is located at 1339 S Howard Street S Allentown, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Triplex with 2,991 square feet of building area; 0.171‑acre corner parcel; Brick construction; built in 1983
