274 E Elm Street, Allentown, PA 18109
MULTI_FAMILY - Allentown City, PA
- Added:
- Mar 30, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 30 at 12:06 am
Property Features for 274 E Elm Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-Mh-Medium High Density
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
- Parking
- 1
- Parking features
- Garage
- Standard status
- Active
- APN
- 640781263518 001
- Size
- 1,281 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2392
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Brick
Listing agent Heather Kidd (610) 398-0411
Listing office Howard Hanna TheFrederickGroup 3500 Winchester Rd, Ste 201, Allentown, PA (610) 398-0411
Listing date Mar 30, 2026
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.
HighLights
- Brick home with electric heating and baseboard heating
- Public water and public sewer connected
- Includes garage parking and off‑street parking options
- Finished attic adds flexible extra space
- Layout includes 3 bedrooms and 1 bathroom
- Built in 1900
Overview
Located on Allentown’s East Side, the property is identified under R-Mh-Medium High Density zoning. The site is sized at approximately 0.033 acres, with the home totaling about 1,281 square feet.
For buyers seeking a multi-family setup with practical interior flexibility, the finished attic and updated kitchen provide immediate utility. The presence of a yard and off-street parking can improve tenant convenience and ease of upkeep, while the recent improvements and efficient mechanical systems may support a straightforward move-in or operating plan.
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 | $23.1k | $18.00 |
| − Vacancy | −$1.6k | −$1.22 |
| EGI | $21.5k | $16.78 |
| − OpEx | −$9.7k | −$7.55 |
| NOI | $11.8k | $9.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.445846
- Latitude
- 40.605277
