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12-Unit Garden Apartment Building

628-636 South Fawn Street, Allentown, PA 18103

For Sale
Contact for pricing

Twelve one-bedroom homes span three floors, with coin-operated laundry and tenant-paid electric and heat.

Property SizeContact for details
Days on Market18

Property Features for 628-636 South Fawn Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%
Net Operating Income $159,742

Units

Unit Mix 12 x 1BR
Multifamily Units 12

Additional Details

Gross Income $206,040
Highway Access Yes
Tenant in Place Yes

Amenities

coin-operated laundry

Building Details

Year Built 1985
Buildings 1
Stories 3
Construction garden-style
Listing Agency: EXP Realty
Listed By: Akinlana Popoola · License PA RS379206
Source: Crexi
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 12 at 4:33AM

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 EXP Realty

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Investment Insights

Based on property information with market context.

Built in 1985, this garden-style apartment property contains 12 one-bedroom units arranged across three floors. Interior corridors have new carpeting, paint, and lighting. Most apartments have newer appliances, and many have updated kitchens, cabinetry, countertops, vinyl plank flooring, and paint. The building is fully occupied and has coin-operated laundry with two recently replaced machines. Apartments use separate electric baseboard heat, and residents pay their own electric and heating costs.

In South Allentown, the property has access to Route 309 and I-78, as well as Lehigh Valley Hospital–Cedar Crest, St. Luke’s, and employment centers across the region.

Key Highlights

  • 12 one‑bedroom apartments across three floors
  • Built in 1985; currently fully occupied
  • Many apartments feature updated kitchens, cabinets, countertops, and vinyl plank flooring

Property Analytics

Lease Details

12
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

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

Market

Average Price Trend$/SF for Apartment buildings in Allentown, PA

$155 Jul
$163 Aug
$198 Sep
$209 Oct

Properties on Market for Apartment buildings in Allentown

Jul
Aug
Sep
Oct

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?
Apartment building - Twelve one-bedroom homes span three floors, with coin-operated laundry and tenant-paid electric and heat.
Where is this apartment building located?
The property is located at 628-636 South Fawn Street Allentown, PA.
What is the asking price?
The asking price for this property is $2,049,000.
What are key features of this property?
This property features: 12 one‑bedroom apartments across three floors; Built in 1985; currently fully occupied; Many apartments feature updated kitchens, cabinets, countertops, and vinyl plank flooring
(216) 820-1637 Call to check price and availability
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