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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Apartment buildings
440 9th St Allentown, PA 18102-5551
Entity Owned
~
Est. High Equity
Property ID
US73-5797958
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1875
Construction
BRICK
Total area
3,064 SF
Lot
0.05 ac (2,300 SF)
Zoning code
R-MH
APN
549782939776-1
UPID
US73-5797958
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$435k
Comparable Approach
Comparable
$430k
Blend (final)
Blend
$530k
Owner & transaction history
Pa 10 440 N 9th St LLC
Pa 10 440 N 9th St LLC
since 2025
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
R-MH · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$655,000
+87.9%
Auto repair, garage
$580,000
+66.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$580,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$470,000
6.5%
$435,000
7%
$405,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$350,000
Current use
MEDICAL BUILDING
$655,000
Change: +88% · Conversion: Moderate
AUTO REPAIR, GARAGE
$580,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$325,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $640k (May 1 2025)
Last sale anchor
$640k
May 1 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$173 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,288
Tax year 2024
Assessed value
$166,700
Assessed 2024
Previous assessed
$166,700
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$7,400
Assessed improvement
$159,300
Land market value
$7,400
Improvement market value
$159,300
Total market value
$166,700
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1875
Construction
BRICK
Heating
BASEBOARD
Buildings
2
Stories
3
Units
5
Rooms
20
Bathrooms
6
Total area
3,064 SF
Lot
0.05 ac (2,300 SF)
Zoning code
R-MH
APN
549782939776-1
UPID
US73-5797958
Jurisdiction
LEHIGH
Zoning & alternative use
R-MH · Allentown, PA
Zoning R-MH · permitted uses
R-MH · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$350,000
MEDICAL BUILDING
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$580,000
OFFICE BUILDING
Est. value
$325,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1875
Construction
BRICK
Heating
BASEBOARD
Stories
3
Buildings
2
Units
5
Rooms
20
Bathrooms
6
Lot
0.05 ac
Current owner
From public records · entity-resolved
Pa 10 440 N 9th St LLC
Entity
Mailing address
PO BOX 20721, LEHIGH VALLEY, PA 18002-0721
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
$640,000
Pa 10 440 N 9th St LLC
Seabear Real Estate LLC
Deed
$480,000 · First Commonwealth FCU
Jul 30, 2020
$360,000
Seabear Real Estate LLC
440 N 9th St LLC
Special Warranty Deed
$270,000 · First Keystone Community Bank
Dec 17, 2019
—
440 N 9th St LLC
—
Deed
related
$220,000 · Embassy Bk/lehigh Vly
Jun 20, 2018
$276,000
440 N 9th St LLC
Western Movements LLC
Grant Deed
—
Jun 22, 2015
$217,500
Western Movements LLC
David Mentzer
Deed
$163,125 · National Pennsylvania Bank
Jan 13, 2006
$233,000
David Mentzer
Hallman,alfred T & Amy
Grant Deed
$201,000 · Lafayette Ambassador Bank
Oct 18, 2005
—
Alfred T Hallman
Hallman,alfred T & Amy K
Quit Claim Deed
related
—
Aug 26, 2003
$107,500
Alfred T Hallman
Lee,renee V
Grant Deed
$80,250 · Patriot Bank NA
Jun 6, 2001
—
Lee Renee Verban
Verban Trust
Quit Claim Deed
related
—
—
—
440 N 9th St LLC
—
Deed Of Trust
related
$220,000 · Embassy Bk/lehigh Vly
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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