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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Apartment buildings
814 Walnut St Allentown, PA 18102-4829
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-5799687
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Construction
BRICK
Total area
3,632 SF
Lot
0.05 ac (2,244 SF)
Zoning code
R-H
APN
640609652586-1
UPID
US73-5799687
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
$335k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$535k
Owner & transaction history
3pv3 LLC · 1 yrs held
3pv3 LLC
since 2025
Last sale
$675,000
3 recorded transactions
Zoning & alternative use
R-H · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$775,000
+87.9%
Auto repair, garage
$690,000
+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
by Request
ML approach
$335,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$415,000
Current use
MEDICAL BUILDING
$775,000
Change: +88% · Conversion: Moderate
AUTO REPAIR, GARAGE
$690,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$385,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$370,000
Change: -11% · Conversion: Moderate
RETAIL STORES
$345,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $675k (Feb 19 2025)
Last sale anchor
$675k
Feb 19 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
$147 / 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
$5,400
Tax year 2024
Assessed value
$170,000
Assessed 2024
Previous assessed
$170,000
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$7,900
Assessed improvement
$162,100
Land market value
$7,900
Improvement market value
$162,100
Total market value
$170,000
Applied tax rate
3.0000
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
1900
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
6
Rooms
15
Bathrooms
5
Total area
3,632 SF
Lot
0.05 ac (2,244 SF)
Zoning code
R-H
APN
640609652586-1
UPID
US73-5799687
Jurisdiction
LEHIGH
Zoning & alternative use
R-H · Allentown, PA
Zoning R-H · permitted uses
R-H · 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
$415,000
MEDICAL BUILDING
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$690,000
OFFICE BUILDING
Est. value
$385,000
COMMERCIAL (GENERAL)
Est. value
$370,000
RETAIL STORES
Est. value
$345,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1900
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
6
Rooms
15
Bathrooms
5
Lot
0.05 ac
Current owner
From public records · entity-resolved
3pv3 LLC
Entity
Mailing address
1927 W 8TH ST, BROOKLYN, NY 11223-2545
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
$675,000
3pv3 LLC
West Street Realty LLC
Special Warranty Deed
$520,000 · Embassy Bank For The Lehigh Valley
Oct 14, 2016
$250,000
West Street Realty LLC
Union Hill Capital LP
Grant Deed
$190,312 · Jim Thorpe Nbrhd Bk
Aug 30, 2006
$185,000
Union Hill Capital
Wardenski A B Living Trust
Grant Deed
$180,000 · Carol A Reich
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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