3021 - 3029 S Pike Avenue, Allentown, PA 18103
For Sale
New
$325,000
ResidentialIncome, ALLENTOWN, PA
Property Size2,538 SF
Lot Size1.00 Acres
Price / SF$128.05
Days on Market2
Property Features for 3021 - 3029 S Pike Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
RE/MAX Real Estate · RE/MAX International
(610) 770-9000
Listed By:
Creighton Faust
(610) 349-8482
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 12 at 6:06PM
MLS# 787894
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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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,418
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,360
$468.4K
Cap Rate 7%
$334,543
$334.5K
Cap Rate 9%
$260,200
$260.2K
Market Conditions
NOI Build-Up for 2,538 SF
Gross rent
$45.7K $18.00/SF
− Vacancy
−$3.1K −$1.22/SF
EGI
$42.6K $16.78/SF
− OpEx
−$19.2K −$7.55/SF
NOI
$23.4K $9.23/SF
Area
Allentown, PA
Vacancy
6.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,360
Cap Rate 7%
$334,543
Cap Rate 9%
$260,200
Alternative Uses
Best Use
Apartment 5plus
$334.5K
$292.7K – $390.3K
NOI $23,418 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$498.6K
$436.3K – $581.7K
NOI $34,903 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
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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
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Frequently Asked Questions
Where is this single family property located?
The property is located at 3021 - 3029 S Pike Avenue Allentown, PA.
What is the asking price?
The asking price for this property is $325,000.
