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    Property profile & analytics

    542 Walnut St Allentown, PA 18101-2315

    • Apartment buildings
    • 4,541 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $140,000
    Last Sale
    Nov 01, 2021
    $145,000
    Location Intelligence
    Property ID
    US73-0355657
    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

    • Apartment buildings

    Property Details for 542 Walnut St

    Year built
    1895
    Construction
    BRICK
    Lot size
    0.10 lot acres
    Property size
    4,541 SF
    Zone code
    B-2
    Property type
    Apartment buildings
    APN
    640710902314-1
    APU
    6407109023141

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4686
    Latitude
    40.6012
    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
    $6,641
    $14,200
    $192,100
    $206,300
    -
    $14,200
    $192,100
    $206,300

    Comparable in this City

    • Value Estimation
      $435,000
      3,072 SF

      809-811 Linden St

      APARTMENT HOUSE (5+ UNITS) • 3,072 SF
      809-811 Linden St, Allentown, PA 18101
      View Details
    • Value Estimation
      $905,000
      3,672 SF

      120-122 8th St

      APARTMENT HOUSE (5+ UNITS) • 3,672 SF
      120-122 8th St, Allentown, PA 18101
      View Details
    • Value Estimation
      $750,000
      3,108 SF

      134 8th St

      APARTMENT HOUSE (5+ UNITS) • 3,108 SF
      134 8th St, Allentown, PA 18101-1218
      View Details
    • Value Estimation
      $785,000
      4,861 SF

      109-111 8th St

      APARTMENT HOUSE (5+ UNITS) • 4,861 SF
      109-111 8th St, Allentown, PA 18101
      View Details
    • Value Estimation
      $385,000
      3,200 SF

      106 8th St

      APARTMENT HOUSE (5+ UNITS) • 3,200 SF
      106 8th St, Allentown, PA 18101-1258
      View Details
    • Value Estimation
      $340,000
      3,772 SF

      101 2nd St

      APARTMENT HOUSE (5+ UNITS) • 3,772 SF
      101 2nd St, Allentown, PA 18101-1907
      View Details

    Similar Nearby for Sale

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      Corner building on large lot in Allentown's NIZ zone.
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      Well-maintained two-unit property with guaranteed income in Allentown City.
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    Similar Nearby for Lease

    • $1,500 /Mo
      9,452 SF

      Downtown Allentown Office Space Available

      Affordable office space in downtown Allentown with shared amenities.
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      View Details
    • $450 /Mo
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      Downtown Allentown Office Space Available

      Affordable, flexible office space in revitalized downtown Allentown.
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    • $2,500 /Mo
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      Allentown City Retail Space Available

      Prime commercial space in Downtown Allentown with high visibility.
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    • $450 /Mo
      9,453 SF

      Allentown City Affordable Office Space

      Affordable office space in downtown Allentown with shared amenities.
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    • $17 SF/Yr
      1,700 SF

      Renovated Office Space in Allentown

      1,700 SF office suite in Allentown's Central Business District.
      35 S 7Th St, Allentown, PA 18101
      View Details
    • New
      $500 /Mo
      Pending

      Affordable Office Space in Allentown

      Flexible, affordable office space with shared amenities in downtown Allentown.
      931 W Hamilton St Unit, Allentown, PA 18101
      View Details
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    542 Walnut St
    Allentown, PA 18101-2315
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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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