3-Unit Brick Apartment
New
For Sale
$450,000
726 W Turner Street, Allentown, PA 18102
ResidentialIncome, Allentown City, PA
Property Size1,950 SF
Lot Size0.02 Acres
Price / SF$230.77
Days on Market2
Property Features for 726 W Turner Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B-2
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Subdivision
Not in Development
Elementary school district
Allentown
Middle school district
Allentown
High school district
Allentown
Directions
West on Turner St between 7th and 8th St on the right hand side
Standard status
Active
APN
640701420499-1
Size
1,950 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
2503
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Building materials
Brick
Listing Agency:
Keller Williams Allentown · Keller Williams Realty
(610) 435-1800
Listed By:
Dana K. Cardona · License #RS331469
(718) 300-1382
Added: Oct 9
Last Checked: Oct 10 at 12:06PM
MLS# 785877
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.
Investment Insights
Based on property information with market context.
This 1,950-square-foot brick apartment property contains three units, each with one bedroom and one full bathroom. Built in 1900, it has baseboard heat and window-unit cooling. Public water and sewer serve the building. Tenants pay their own heat and electric, while the owner pays for water.
The property sits on a 0.024-acre lot and is zoned B-2. Shopping, restaurants, parks, and major highways are described as nearby.
The property sits on a 0.024-acre lot and is zoned B-2. Shopping, restaurants, parks, and major highways are described as nearby.
Key Highlights
- Three units, each with one bedroom and one full bathroom
- 1,950 square feet on a 0.024‑acre lot
- B‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,455
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,100
$409.1K
Cap Rate 7%
$292,214
$292.2K
Cap Rate 9%
$227,278
$227.3K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$31.6K $16.20/SF
− Vacancy
−$2.4K −$1.22/SF
EGI
$29.2K $14.99/SF
− OpEx
−$8.8K −$4.50/SF
NOI
$20.5K $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%
$409,100
Cap Rate 7%
$292,214
Cap Rate 9%
$227,278
Alternative Uses
Best Use
Multifamily LT 5
$292.2K
$255.7K – $340.9K
NOI $20,455 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$257.0K
$224.9K – $299.9K
NOI $17,992 @ 7.0% cap · market cap 4.00%
Theoretical Best
Specialty Retail
$383.1K
$335.2K – $446.9K
NOI $26,816 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,530
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom residences are configured with separate tenant-paid heat and electric; the owner covers water.
Where is this triplex located?
The property is located at 726 W Turner Street Allentown, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three units, each with one bedroom and one full bathroom; 1,950 square feet on a 0.024‑acre lot; B‑2 zoning
