Property profile

407-409 23rd St Allentown, PA 18104

OFF-MARKET
Residential income homes
Property ID
US73-1733364
3,664 SF 0.18 ac lot Built 1920
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1920
Construction BRICK
Total area 3,664 SF
Lot 0.18 ac (7,800 SF)
Zoning code R-M
APN 549619200054-1
UPID US73-1733364

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

407-409 23rd St Allentown, PA 18104
Allentown metro Census 2202 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$590k
Comparable Approach Comparable
$485k
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

R-M · Allentown, PA
Zoning description

tract. The tract should have a central focal point, such as a landscaped central green space. (4) For portions of the PRD that are entirely residential, the sign regulations shall apply that would otherwise apply to the…

General category RESIDENTIAL
Top alternative use upside
Medical building $785,000 +51.3%
Auto repair, garage $695,000 +34.4%
Office building $650,000 +25.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 407-409 23rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message