Multifamily Property with
For Sale
$7,500,000
915 W Hamilton St, Allentown, PA 18101
Five-building corner property with 21 units, including four storefronts, on Hamilton and Fountain in Allentown.
Property Size11,158 SF
Price / SF$672.16
Days on Market45
Property Features for 915 W Hamilton St
General Information
Standard status
Active
Size
11,158 SF
Additional Details
Gross Income
$269,700
Corner Location
Yes
Multifamily Units
17
Building Details
Year Built
1900
Buildings
5
Tenancy
Multi
Listing Agency:
Century 21 Keim Realtors
Listed By:
Loren K Keim · License #RM420221
(877) 208-4158
Source:
Jennysoldmine
Added: Jul 28
Changed: Sep 8
Last Checked: Sep 9 at 8:59PM
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.
This five-building property occupies a nearly half-acre corner at Hamilton and Fountain, in the same block as PPL Tower. The site currently contains 21 units, including four storefronts and 17 residential units. Reported gross income is $269,700, with an NOI over $200,000.
The property is described as being located in the NIZ tax opportunity zone. Renderings are available for a major redevelopment concept, including an 11-story, 300-unit hotel with underground parking, as well as alternative redevelopment approaches such as an office building or mixed-use project.
For investors or developers seeking an assemblage-like redevelopment platform with existing income-producing units and multiple structures on one corner site, this property offers a clear starting point with room for future repositioning options supported by available renderings.
The property is described as being located in the NIZ tax opportunity zone. Renderings are available for a major redevelopment concept, including an 11-story, 300-unit hotel with underground parking, as well as alternative redevelopment approaches such as an office building or mixed-use project.
For investors or developers seeking an assemblage-like redevelopment platform with existing income-producing units and multiple structures on one corner site, this property offers a clear starting point with room for future repositioning options supported by available renderings.
Key Highlights
- Five‑building corner property on Hamilton and Fountain in Allentown (same block as PPL Tower).
- Currently has 21 units total, including 4 storefronts and 17 residential units.
- Gross Income of $269,700 based on current configuration.
Property Analytics
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Current Use
Lease Details
17
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 18101, PA
5,108
Population
2,686
Households
1.9
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
0.3 sq mi
ZIP Area
17,027
Density / Sq Mi
$41,542
Median Household Income
$34,397
Median Earnings
$1,337
Median Rent
$153,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-building corner property with 21 units, including four storefronts, on Hamilton and Fountain in Allentown.
Where is this apartment building located?
The property is located at 915 W Hamilton St Allentown, PA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Five‑building corner property on Hamilton and Fountain in Allentown (same block as PPL Tower).; Currently has 21 units total, including 4 storefronts and 17 residential units.; Gross Income of $269,700 based on current configuration.
