$850,000

Estimated payment $5,128/month

6 Beds
6 Baths
3,456 Sq Ft
$246 Price per Sq Ft

About This Home

Welcome to 201 North Fourth Street, Allentown! This fully renovated SIX-UNIT multi-family property is a true gem in the heart of Allentown City. Each unit is currently occupied, ensuring a stable income stream. With over $70,000 in passive income annually after expenses, this investment offers exceptional value. The property features modern finishes and high-quality upgrades, making it a turnkey opportunity. Conveniently located just minutes away from the PPL Center, a variety of restaurants, and entertainment venues, you’ll enjoy easy access to vibrant city life. Additionally, Cedar Crest and Muhlenberg College is nearby, providing further educational and community benefits. Plus, the property is well-connected to major highways, including Route 22, Route 309, and I-78, ensuring easy commuting and connectivity. This property is a must-see for investors looking for a reliable and lucrative asset.

Listing Agent

Christopher George

Keller Williams Northampton License #RS321834 Listed on: 10/03/2025

Keller Williams Northampton

Co-Listing Agent

Jorge Marquez

Haven Real Estate Collective License #RS364697

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,233

Year Built

  • Built in 1890

Parking

  • On-Street Parking

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 3,456 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Heating Available

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $2,300
  • Professional Management Expense $1,500
  • Water Sewer Expense $6,300
  • Operating Expense $11,300
  • Gross Income $89,520
  • Net Operating Income $75,100

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,233

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 3
  • Year Built: 1890
  • Lot Size: 18 x 140
  • Professional Management Expense: 1500.0
  • Co List Office Mls Id: HREC
  • Co List Office Mls Id: KWNC
  • Subdivision Name: Not in Development
  • Year Built Details: Unknown
  • PropertySubTypeAdditional: Apartment
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Living Area: 3456.0
  • Stories: 3

Exterior Features

  • Construction Type: Brick
  • Property Condition: Unknown

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 11300.0
  • Annual Water Sewer Expense: 6300.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Zoning: R-MH-MEDIUM HIGH DENSITY

Multi Family

  • Number Of Units Total: 6
  • Insurance Expense: 2300.0
  • Property Net Operating Income: 75100.0

Tax Info

  • Tax Annual Amount: 7232.78

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $850,000 -- $246 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Source: Greater Lehigh Valley REALTORS®

MLS Number: 765769

Greater Lehigh Valley REALTORS®