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2-Unit Duplex with Oversized Garage
New
For Sale
$225,000

623 N LUMBER STREET, Allentown, PA 18102

Both one-bedroom residences have annual leases, with a fenced backyard and off-street parking on site.

Property SizeContact for details
Days on Market3

Property Features for 623 N LUMBER STREET

General Information

Standard status Active
Property subtype Duplex

Financials

Gross Income $27,600
Average Monthly Rent $1,150

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Amenities

fenced backyard
oversized garage
laundry hookup

Building Details

Year Built 1878
Listing Agency: KW Empower
Listed By: Alison Simon · License #RS337542
Source: Cummingsrealtors
Added: Oct 28 Changed: Oct 30 Last Checked: Oct 30 at 3:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower

Rey
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Investment Insights

Based on property information with market context.

This 2-unit duplex at 623 N Lumber Street in Allentown was built in 1878. Each residence has 1 bedroom and 1 bathroom. The upper unit has been upgraded and includes a laundry hookup, along with additional bonus space on the third floor. A fenced backyard and oversized garage provide outdoor space and off-street parking.

The residences are leased on yearly terms. The city inspection has been paid for and is awaiting scheduling; required municipal repairs are the buyer’s responsibility. The property is being sold as-is.

Key Highlights

  • Two 1‑bedroom, 1‑bathroom units
  • Yearly leases in both units
  • Upper unit upgraded, with a laundry hookup and third‑floor bonus space

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,574
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both one-bedroom residences have annual leases, with a fenced backyard and off-street parking on site.
Where is this duplex located?
The property is located at 623 N LUMBER STREET Allentown, PA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bathroom units; Yearly leases in both units; Upper unit upgraded, with a laundry hookup and third‑floor bonus space
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