620 1/2 W Cedar Street, Allentown, PA 18102
MULTI_FAMILY - Allentown City, PA
- Added:
- Jun 4, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 620 1/2 W Cedar Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-MH
- Bedrooms
- 5
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1
- Parking
- 1
- Parking features
- On Street, Off Street
- Standard status
- Active
- APN
- 549794678870-1
- Size
- 1,440 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1877
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1901
- Floors in Building
- 3
- Number of units
- 1
- Building materials
- Brick, VinylSiding
Listing agent Anis A. Atiyeh (484) 241-1011
Listing office IronValley RE of Lehigh Valley 1146 S Cedar Crest Blvd St 302, Allentown, PA (610) 766-7200
Listing date Jun 4, 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
- 5‑bedroom, 1‑bathroom residence in Allentown City
- First floor includes a spacious living area flowing into the kitchen
- Upper levels feature the bedrooms and the full bathroom
- Delivered vacant; sold as‑is with disconnected utilities and cash‑only transaction
- Off‑street and on‑street parking; public water and public sewer available
- Year built 1901 with brick and vinyl siding exterior; baseboard electric heating
Overview
The property is located in Allentown City, Lehigh County, Pennsylvania (18102). It is zoned R-MH. The lot size is listed as 0.034 acres, and the property size is listed as 1,440 square feet.
For investors or owner-occupants seeking a hands-on project, the vacant condition can simplify redevelopment planning from day one. The basic functional layout with a kitchen and living area on the first floor, plus the bedrooms and full bath on the upper level, may support a range of residential strategies consistent with the property’s existing structure. Prospective buyers should plan for work consistent with an as-is sale and be prepared to address the disconnected utilities during acquisition and occupancy planning.
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 | $25.9k | $18.00 |
| − Vacancy | −$1.8k | −$1.22 |
| EGI | $24.2k | $16.78 |
| − OpEx | −$10.9k | −$7.55 |
| NOI | $13.3k | $9.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.476201
- Latitude
- 40.614352
