232 1/2 N Railroad St Allentown, PA 18102
1st Ward NeighborhoodEstimated payment $1,295/month
Total Views
5,198
4
Beds
1
Bath
1,037
Sq Ft
$207
Price per Sq Ft
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
- Wood Flooring
About This Home
INVESTMENT OPPORTUNITY! RENTAL PROPERTY!
Renovated 4 bedroom 1 bathroom brick townhome, located in the heart of Allentown! This property is currently rented at $1,575 per month, offering a fantastic opportunity for investors seeking steady rental income.
New perimeter exterior fence installed, providing privacy and a comfortable space to relax during all seasons.
Upstairs, the home boasts generously sized bedrooms with plenty of closet space, along with an additional office or walk-in closet, offering added versatility for tenants. The large third floor provides potential for additional living space, whether as an extra bedroom, playroom, or home gym. The basement features laundry hookups, and the fenced-in backyard offers a private outdoor space, perfect for relaxation or entertainment.
This property is an excellent turnkey rental opportunity, generating consistent rental income with the potential for future growth. Don't miss out on this opportunity to grow your portfolio with a reliable income-producing asset!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,240
Year Built
- Built in 1893
Lot Details
- 950 Sq Ft Lot
- Lot Dimensions are 12.50 x 76.00
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,037 Sq Ft Home
- Property has 2.5 Levels
- Wood Flooring
- Basement Fills Entire Space Under The House
- Microwave
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- On-Street Parking
- Off-Street Parking
Schools
- William Allen High School
Utilities
- Forced Air Heating System
- Electric Water Heater
- Public Septic
Community Details
- No Home Owners Association
- Allentown Subdivision
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 640743522901-00001
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,240 | $38,300 | $3,000 | $35,300 |
| 2024 | $1,240 | $38,300 | $3,000 | $35,300 |
| 2023 | $1,240 | $38,300 | $3,000 | $35,300 |
| 2022 | $1,196 | $38,300 | $35,300 | $3,000 |
| 2021 | $1,172 | $38,300 | $3,000 | $35,300 |
| 2020 | $1,141 | $38,300 | $3,000 | $35,300 |
| 2019 | $1,123 | $38,300 | $3,000 | $35,300 |
| 2018 | $1,049 | $38,300 | $3,000 | $35,300 |
| 2017 | $1,022 | $38,300 | $3,000 | $35,300 |
| 2016 | -- | $38,300 | $3,000 | $35,300 |
| 2015 | -- | $38,300 | $3,000 | $35,300 |
| 2014 | -- | $38,300 | $3,000 | $35,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | For Sale | $214,900 | -- | $207 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | None Listed On Document | |
| Special Warranty Deed | $27,000 | -- | |
| Deed | $18,800 | -- | |
| Deed | $10,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,500 | New Conventional | |
| Previous Owner | $80,000 | New Conventional |
Source: Public Records
Similar Homes in Allentown, PA
Source: Bright MLS
MLS Number: PALH2012480
APN: 640743522901-1
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