Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    803 7th St Allentown, PA 18102-1630

    • Residential income homes
    • 2,408 SF
    • 0.06 lot acres
    OFF-MARKET
    Last Sale
    Sep 09, 2020
    $170,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5923417
    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 803 7th St

    Year built
    1899
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.06 lot acres
    Property size
    2,408 SF
    Zone code
    R-MH
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    549794554496-1
    APU
    5497945544961

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4768
    Latitude
    40.6137
    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
    $2,474
    $6,700
    $69,300
    $76,000
    -
    $6,700
    $69,300
    $76,000

    Comparable in this City

    • Value Estimation by Request
      1,596 SF

      215 Chew St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,596 SF
      215 Chew St, Allentown, PA 18102-3515
      View Details
    • Value Estimation by Request
      3,128 SF

      453 6th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,128 SF
      453 6th St, Allentown, PA 18102-2972
      View Details
    • Value Estimation by Request
      2,460 SF

      110 Sycamore St, Unit 112

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,460 SF
      110 Sycamore St, Allentown, PA 18102-5133
      View Details
    • Value Estimation by Request
      2,556 SF

      214 Jordan St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,556 SF
      214 Jordan St, Allentown, PA 18102-3070
      View Details
    • Value Estimation by Request
      3,824 SF

      123 11th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,824 SF
      123 11th St, Allentown, PA 18102-3842
      View Details
    • Value Estimation by Request
      2,206 SF

      615 Frnt St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,206 SF
      615 Frnt St, Allentown, PA 18102-5124
      View Details

    Similar Nearby for Sale

    • $700,000
      4,860 SF

      Fully Occupied Investment Property

      Six-unit apartment building with strong cash flow in Allentown City.
      1037 W Turner St, Allentown, PA 18102
      View Details
    • $395,000
      2,404 SF

      Allentown Multifamily Investment

      Five-unit building, strong NOI.
      22 13Th St, Allentown, PA 18102
      View Details
    • New
      $425,000
      0.06 Acres

      Allentown Multifamily Investment Opportunity

      Three-unit property with strong income and rent growth potential.
      318-320 N 7Th St, Allentown, PA 18102
      View Details
    • New
      $200,000
      1,330 SF

      Allentown Twin with Income Potential

      Semi-detached twin generating income with room to increase rents.
      736-738 N Lumber St, Allentown, PA 18102
      View Details
    • $502,000
      4,681 SF

      Renovated Mixed-Use Property in Allentown

      Three-unit mixed-use property with retail and residential spaces.
      438 N 7Th St, Allentown, PA 18102
      View Details
    • $450,000
      2,512 SF

      Mixed-Use Property with Warehouse

      Allentown City property offering residential and commercial/industrial use.
      359 W Tilghman St, Allentown, PA 18102
      View Details

    Similar Nearby for Lease

    • $1,175 /Mo

      Updated Apartment with Parking

      Updated 1-bedroom apartment with parking available for rent.
      1402 W Liberty St, Allentown, PA 18102
      View Details
    • $1,700 /Mo
      1,168 SF

      Remodeled 3-Bedroom Home For Rent

      Move-in ready, remodeled 3-bedroom home with new kitchen and flooring.
      444 N Law St, Allentown, PA 18102
      View Details
    • $1,800 /Mo
      5,009 SF

      Allentown Retail Space For Lease

      Retail space in Allentown, PA, ideal for various businesses.
      322 Ridge Ave, Allentown, PA 18102
      View Details
    • $2,500 /Mo
      4,617 SF

      Allentown City Office Space Available

      Office space near Lehigh County Courthouse and City Hall.
      441 W Linden St, Allentown, PA 18102
      View Details
    • $2,200 /Mo
      49,441 SF

      Allentown Commercial Kitchen Rental

      Commercial kitchen rental with ballroom partnership potential in historic building.
      1524 W Linden St, Allentown, PA 18102
      View Details
    • $1,800 /Mo
      3,978 SF

      Allentown Retail Space For Lease

      Retail space in vibrant Allentown neighborhood, near new mixed-use development.
      322 Ridge Ave, Allentown, PA 18102
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    803 7th St
    Allentown, PA 18102-1630
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.