Two-Unit Duplex with Updated
For Sale
$362,000
317 N 10TH Street, Allentown, PA 18102
Multi-Family, ALLENTOWN, PA
Property Size1,842 SF
Lot Size0.05 Acres
Price / SF$196.53
Days on Market25
Property Features for 317 N 10TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Appliances
Dishwasher, Oven/Range - Electric, Refrigerator
Subdivision
ALLENTOWN CITY
Elementary school
ROOSEVELT
Middle school
FRANCIS D RAUB
High school
WILLIAM ALLEN
Elementary school district
ALLENTOWN
Middle school district
ALLENTOWN
High school district
ALLENTOWN
Standard status
Active
Size
1,842 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2144
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1875
Number of units
2
Building materials
Brick Front, Vinyl Siding
Listing Agency:
Keller Williams Real Estate - Bethlehem · Keller Williams Realty
(610) 867-8888
Listed By:
Edmund Langley Cooley Jr. · License #RS375853
(610) 217-3963
Added: Oct 1
Changed: Oct 21
Last Checked: Oct 25 at 3:06PM
MLS# PALH2017058
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.
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Investment Insights
Based on property information with market context.
This brick-front and vinyl-sided duplex contains two apartments across approximately 1,842 square feet. The first-floor residence has solid oak hardwood flooring, tile in the kitchen and bathroom, and a new stainless steel refrigerator and dishwasher. A stainless steel dishwasher was also added upstairs, and both apartments received new sinks and toilets. Repaired subflooring and fresh paint are among the other recent interior updates. The building dates to 1875 and sits on a 0.053-acre parcel. Heating is forced air, cooling is provided by window units, and off-street parking is available.
The property is at 317 N 10th Street in Allentown, near downtown and with access to shopping, dining, entertainment, public transportation, and major routes. The first-floor apartment is vacant; the second-floor apartment is occupied.
The property is at 317 N 10th Street in Allentown, near downtown and with access to shopping, dining, entertainment, public transportation, and major routes. The first-floor apartment is vacant; the second-floor apartment is occupied.
Key Highlights
- Two apartments with approximately 1,842 square feet of living area
- 0.053‑acre parcel in Allentown
- Built in 1875
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,322
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,440
$386.4K
Cap Rate 7%
$276,029
$276.0K
Cap Rate 9%
$214,689
$214.7K
Market Conditions
NOI Build-Up for 1,842 SF
Gross rent
$29.8K $16.20/SF
− Vacancy
−$2.2K −$1.22/SF
EGI
$27.6K $14.99/SF
− OpEx
−$8.3K −$4.50/SF
NOI
$19.3K $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%
$386,440
Cap Rate 7%
$276,029
Cap Rate 9%
$214,689
Alternative Uses
Best Use
Multifamily LT 5
$276.0K
$241.5K – $322.0K
NOI $19,322 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$242.8K
$212.5K – $283.3K
NOI $16,996 @ 7.0% cap · market cap 4.70%
Theoretical Best
Specialty Retail
$361.9K
$316.6K – $422.2K
NOI $25,331 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,092
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Recent work includes first-floor oak flooring, refreshed paint, and new sinks and toilets in both apartments.
Where is this duplex located?
The property is located at 317 N 10TH Street Allentown, PA.
What is the asking price?
The asking price for this property is $362,000.
What are key features of this property?
This property features: Two apartments with approximately 1,842 square feet of living area; 0.053‑acre parcel in Allentown; Built in 1875
