140 S 14TH Street, Allentown, PA 18102
MULTI_FAMILY - Colonial - ALLENTOWN, PA
- Added:
- Jun 24, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 26 at 9:06 am
Property Features for 140 S 14TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Appliances
- Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Built-In Microwave
- Standard status
- Active
- Size
- 2,910 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3559
Utilities
- Heating system
- Electric (Heating), Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1905
- Number of units
- 3
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Erica Finkbiner License #RS359302 (888) 397-7352
Listing office EXP Realty, LLC 1306 Hamilton Street unit: 2, Philadelphia, PA (888) 397-7352
Listing date Jun 24, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied 3‑unit property in Allentown, end‑of‑row brick construction
- Built in 1905 with Colonial architectural style
- Each unit has its own electric meter and its own hot water heater
- In‑unit laundry included; appliances include washer/dryer and electric oven/range, refrigerator, and built‑in microwave
- Electric baseboard heat and window unit cooling
- Updates over the years include updated kitchens, bathrooms, flooring, and lighting throughout
Overview
The property sits on a small lot and is positioned as an end-unit, which can provide additional natural light and curb appeal compared with interior units. It is presented for sale with the current operating setup already in place.
For investors, this layout offers a multi-unit structure with independent electric metering, individual hot water heaters, and in-unit laundry across all three units—factors that can simplify leasing and ongoing tenant experience. For owner-occupants, the same design supports the ability to live in one unit while collecting rental income from the others. Showings are available Thursdays 5PM–7PM and Saturdays 11AM–1PM.
Local Financial Insights For Multifamily LT 5
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 | $47.1k | $16.20 |
| − Vacancy | −$3.5k | −$1.22 |
| EGI | $43.6k | $14.99 |
| − OpEx | −$13.1k | −$4.50 |
| NOI | $30.5k | $10.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.48506
- Latitude
- 40.59579
