Fully Renovated Duplex with
New
For Sale
$440,000
225 N Fulton Street, Allentown, PA 18102
MULTI_FAMILY - Allentown City, PA
Property Size1,920 SF
Lot Size0.08 Acres
Price / SF$229.17
Days on Market7
Property Features for 225 N Fulton Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
R-Mh-Medium High Density
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Parking
3
Parking features
Garage
Subdivision
West Park Historic
Elementary school district
Allentown
Middle school district
Allentown
High school district
Allentown
Directions
I-78 W toward Harrisburg, Exit 57 on Lehigh St, R on Lehigh St North, L onto S Jefferson St, Continue onto St John, L on Chew St, L on N Fulton St, Property on Left
Standard status
Active
APN
549659884585 1
Size
1,920 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
3466
Utilities
Sewer type
Public Sewer
Heating system
Steam, Oil
Water source
Public
Building Details
Year built
1910
Floors in Building
3
Number of units
2
Building materials
Brick
Listing Agency:
Keller Williams Allentown · Keller Williams Realty
(610) 435-1800
Listed By:
Kimberly D. Rosado
(484) 357-9284
Added: Jul 28
Changed: Aug 2
Last Checked: Aug 3 at 7:06AM
MLS# 781538
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.
Fully renovated duplex at 225 N Fulton Street, built in 1910 and constructed of brick. The property totals 1,920 square feet and sits on a 0.082-acre lot. Heating is provided by steam and oil, with public water and public sewer connected. The home features two distinct units: a first-floor unit with 2 bedrooms and 1 full bath, and a second unit spanning the second and third floors with 3 bedrooms and 1.5 baths.
Renovations include updated plumbing and electrical throughout, two new water heaters, an updated and sealed main house roof, and a new roof on the detached 3-car garage. The bathrooms are completely renovated with Carrara marble finishes, and the foyer features Carrara marble flooring. The improvements also include professional 15-year waterproofing, new Microban-protected flooring, and new designer lighting and ceiling fixtures, along with exterior painting and professional sealing of the front porch.
With its updated mechanicals, upgraded finishes, and detached 3-car garage plus outdoor yard space, the property is presented as a ready-to-occupy and revenue-focused duplex.
Renovations include updated plumbing and electrical throughout, two new water heaters, an updated and sealed main house roof, and a new roof on the detached 3-car garage. The bathrooms are completely renovated with Carrara marble finishes, and the foyer features Carrara marble flooring. The improvements also include professional 15-year waterproofing, new Microban-protected flooring, and new designer lighting and ceiling fixtures, along with exterior painting and professional sealing of the front porch.
With its updated mechanicals, upgraded finishes, and detached 3-car garage plus outdoor yard space, the property is presented as a ready-to-occupy and revenue-focused duplex.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bath plus 3 bedrooms and 1.5 baths
- 1,920 SF total on a 0.082‑acre lot
- Brick construction with steam and oil heating; public water and public sewer
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 | $31.1k | $16.20 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $28.8k | $14.99 |
| − OpEx | −$8.6k | −$4.50 |
| NOI | $20.1k | $10.49 |
1,920 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.7K
$251.8K – $335.7K
NOI $20,140 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$253.1K
$221.4K – $295.3K
NOI $17,715 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$377.2K
$330.1K – $440.1K
NOI $26,404 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,673
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated two-unit duplex in R-Mh-Medium High Density zoning with a detached garage and public utilities.
Where is this duplex located?
The property is located at 225 N Fulton Street Allentown, PA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath plus 3 bedrooms and 1.5 baths; 1,920 SF total on a 0.082‑acre lot; Brick construction with steam and oil heating; public water and public sewer
