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Luxury Townhouse Portfolio
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830 Walnut St, Allentown, PA 18102

Seven Class A luxury townhomes with eat-in kitchens, central air, decks, and two-car garage parking in a managed community.

Property SizeContact for details
Days on Market124

Property Features for 830 Walnut St

General Information

Standard status Active
Class A
Total Parking Spaces 28
Property subtype Multifamily

Additional Details

Cap Rate 7.5%
Multifamily Units 7

Building Details

Year Built 2007
Listing Agency: CENTURY 21 Keim Realtors
Listed By: Loren Keim · License #PA
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:01PM

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 CENTURY 21 Keim Realtors

Investment Insights

Based on property information with market context.

Built in 2007, this Class A luxury townhouse portfolio includes seven units, each offering all 3–4 bedrooms and 2.5–3 bathrooms. Interiors feature gleaming hardwood flooring throughout, with a main-floor eat-in kitchen that includes a gas stove and newer cabinetry, plus central air. The open dining/living plan is anchored by a powder room on the second level, and sliding doors open to a spacious deck for additional entertaining space.

Units also include a private bedroom on the first floor that can serve as an office, guest room, or workout area. The third floor features a master bedroom with an attached bath, tray ceiling, and his-and-her walk-in closets, along with a washer/dryer combination and an additional bedroom and full bath. Each unit provides a two-car garage and two parking spaces in the courtyard.

The community is heavily funded and well maintained. It is located only about half a block from Hamilton Street and PPL entertainment. Access is limited to buyers who provide proof of funds or bank statements.

Key Highlights

  • 2007‑built portfolio of 7 Class A townhouse units
  • Gross income shown as $157K projected and $138K actual, with $117K rough net income
  • Reported 6.5–7.5% cap rate at a $1.625MM asking price (with separate sale at $239K each)

Property Analytics

Current Use

SpaceHead Music Venue

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Gym & Fitness Center Veterinary Clinic Dental Office Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

3,098
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven Class A luxury townhomes with eat-in kitchens, central air, decks, and two-car garage parking in a managed community.
Where is this apartment building located?
The property is located at 830 Walnut St Allentown, PA.
What are key features of this property?
This property features: 2007‑built portfolio of 7 Class A townhouse units; Gross income shown as $157K projected and $138K actual, with $117K rough net income; Reported 6.5–7.5% cap rate at a $1.625MM asking price (with separate sale at $239K each)
(877) 208-4158 Call to check price and availability
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