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    Property profile & analytics

    2215 Cypress Ave Allentown, PA 18103-5901

    • Residential income homes
    • 2,532 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Last Sale
    Jun 22, 2022
    $270,000
    Location Intelligence
    Property ID
    US73-2132542
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 2215 Cypress Ave

    Year built
    1925
    Construction
    CONCRETE
    Lot size
    0.52 lot acres
    Property size
    2,532 SF
    Zone code
    R3
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    640682675077-1
    APU
    6406826750771

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $250,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $205,000
      Mixed-Use
      $280,000
      Hospitality
      $280,000
      Educational
      $255,000
      Residential Income
      $255,000
      Energy
      $210,000
      Income-Based Land
      $210,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4451
    Latitude
    40.5806
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,585
    $67,900
    $117,700
    $185,600
    -
    $67,900
    $117,700
    $185,600

    Comparable in this City

    • Value Estimation
      $290,000
      2,740 SF

      610-612 Fawn St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,740 SF
      610-612 Fawn St, Allentown, PA 18103
      View Details
    • Value Estimation
      $235,000
      2,006 SF

      911-915 Frnt St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,006 SF
      911-915 Frnt St, Allentown, PA 18103
      View Details
    • Value Estimation
      $180,000
      2,120 SF

      633-635 Carldon St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,120 SF
      633-635 Carldon St, Allentown, PA 18103
      View Details
    • Value Estimation
      $320,000
      2,032 SF

      3404 Catherine Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,032 SF
      3404 Catherine Ave, Allentown, PA 18103-5361
      View Details
    • Value Estimation
      $290,000
      1,280 SF

      543 Cleveland St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,280 SF
      543 Cleveland St, Allentown, PA 18103-3286
      View Details
    • Value Estimation
      $180,000
      1,464 SF

      2350 4th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,464 SF
      2350 4th St, Allentown, PA 18103-6822
      View Details

    Similar Nearby for Sale

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      Allentown Multifamily Conversion Opportunity

      40-unit apartment conversion project in Allentown City, PA.
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      Four-unit building with commercial space in revitalizing Allentown location.
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      Mixed-Use Building in Allentown City

      Mixed-use commercial building with retail and residential conversion opportunity.
      1050 Lehigh St, Allentown, PA 18103
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      Remodeled Home Near Park

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    Similar Nearby for Lease

    • $108,000
      43,560 SF

      Allentown Industrial Distribution Lot

      1.9-acre lot, prime I-78 access.
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      View Details
    • Contact for pricing
      148,104 SF

      Allentown Industrial Space - 148,104 SF

      Prime Lehigh Valley manufacturing/warehouse. Ready for immediate occupancy.
      1811 Glenwood St, Allentown, PA 18103
      View Details
    • $20 SF/Yr

      Retail Space in Allentown Mall

      Retail space available in active Allentown shopping destination.
      3300 Lehigh St, Allentown, PA 18103
      View Details
    • $3,000 /Mo

      Established Salon/Barber Shop Opportunity

      Fully equipped salon/barber shop with loyal customer base for lease.
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    • Contact for pricing
      10,000 SF

      Allentown Retail Space For Rent

      Retail space available in well-located, anchored shopping center.
      3101 Hamilton Blvd, Allentown, PA 18103
      View Details
    • $20 SF/Yr
      562,403 SF

      Retail Space in South Mall

      Retail spaces available in Allentown's active South Mall.
      3300 Lehigh St, Allentown, PA 18103
      View Details
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    Allentown, PA 18103-5901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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