Charming Allentown City
507 N Refwal Street, Allentown, PA 18102
MULTI_FAMILY - Allentown City, PA
Property size:
960 SFLot size:
0.02 AcresPrice / SF:
$176/SF- Added:
- May 20, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 2 at 11:06 pm
Property Features for 507 N Refwal Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-Mh-Medium High Density
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 1
- Parking features
- Garage, Off Street
- Standard status
- Active
- APN
- 549792470680 001
- Size
- 960 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1290
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 1
Listing agent Shabana Pathan (610) 867-8888
Listing office Keller Williams Northampton 2901 Emrick Blvd., Ste 100, Bethlehem, PA (610) 867-8888
Listing date May 20, 2026
MLS# 777447
Listing URL
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
- Convenient location near major highways, Fountain Park, Lehigh Valley Grand Prix, Coca Cola Park, shops, and restaurants.
- Spacious eat‑in kitchen with brick accent wall and ample cabinetry.
- Walkout deck overlooking a level backyard, ideal for outdoor activities.
- Two generously sized bedrooms.
- Laminate flooring throughout the home.
- Partial basement providing additional storage space.
Overview
This semi-detached home features 2 bedrooms and 1 bath. Laminate flooring extends throughout the entire home. The family room provides space for relaxation and entertainment. The eat-in kitchen includes a brick accent wall, cabinetry, and a pantry area. Upstairs, two bedrooms are generously sized, and the full bath has a walk-in shower. The partial basement offers storage space. A walkout deck overlooks the level backyard, suitable for outdoor dining and gatherings. The property is conveniently located near major highways US-22 and PA-145, Fountain Park, Lehigh Valley Grand Prix, Coca Cola Park, shops, and restaurants. The property is a single family and residential income property. The lot size is 0.023 acres, and the property size is 960 square feet. The zoning is R-Mh-Medium High Density.
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 | $17.3k | $18.00 |
| − Vacancy | −$1.2k | −$1.22 |
| EGI | $16.1k | $16.78 |
| − OpEx | −$7.2k | −$7.55 |
| NOI | $8.9k | $9.23 |
960 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$126.5K
$110.7K – $147.6K
NOI $8,858 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$188.6K
$165.0K – $220.0K
NOI $13,202 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.477415
- Latitude
- 40.608808
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Comfortable 2-bedroom home with modern flooring and outdoor space.
Where is this single family property located?
The property is located at 507 N Refwal Street Allentown, PA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Convenient location near major highways, Fountain Park, Lehigh Valley Grand Prix, Coca Cola Park, shops, and restaurants.; Spacious eat‑in kitchen with brick accent wall and ample cabinetry.; Walkout deck overlooking a level backyard, ideal for outdoor activities.
