Seller's Agent in 2025
Allen Lin
Realty Mark LLC
(917) 660-1255
7 in this area
22 Total Sales
245 N 4th St Allentown, PA 18102
Center City Neighborhood
5
Beds
3
Baths
2,400
Sq Ft
1885
Built
About This Home
As of September 2025This well maintained three-unit building presents a fantastic investment opportunity in a highly desirable location just minutes from the city center and St. Luke’s Hospital. With strong rental demand in the area, this property offers reliable income potential and excellent prospects for long-term appreciation.
Each spacious unit features separate electric meters, allowing tenants to pay their own electric helping reduce operating costs and increase profitability. The first-floor unit boasts high ceilings, while all units offer practical layouts and appealing features that make them easy to rent out.
The property also includes a large backyard a rare bonus in this area providing outdoor space for tenants or future value-add opportunities.
Whether you're a seasoned investor or an owner-occupant looking to house hack, this property is an ideal fit. Live in one unit while renting out the other two to generate passive income and build equity.
The property will be delivered with a clear Certificate of Occupancy, offering a smooth and worry-free transition to ownership.
Don’t miss this opportunity to own a solid, income-generating asset in a prime, central location!
Agent Related to Owner
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,296
Year Built
- Built in 1885
Home Design
- 2,400 Sq Ft Home
- Brick or Stone Mason
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Heating Available
Community Details
Overview
- 3 Units
- Old Frgrnds Historic Subdivision
Building Details
- Electric Expense $20
- Fuel Expense $500
- Insurance Expense $1,200
- Water Sewer Expense $1,800
- Operating Expense $500
- Gross Income $36,000
- Net Operating Income $32,500
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2025 09/17/25 | Sold | $377,000 | -2.1% | $157 / Sq Ft | |
| 08/24/2025 08/24/25 | Off Market | $385,000 | -- | -- | |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- | |
| 07/23/2025 07/23/25 | For Sale | $385,000 | +120.0% | $160 / Sq Ft | |
| 01/15/2021 01/15/21 | Sold | $175,000 | -7.8% | $76 / Sq Ft | View Prior Sale |
| 12/19/2020 12/19/20 | Pending | -- | -- | -- | |
| 12/14/2020 12/14/20 | For Sale | $189,900 | +40.7% | $82 / Sq Ft | |
| 04/30/2019 04/30/19 | Sold | $135,000 | -4.7% | $58 / Sq Ft | View Prior Sale |
| 02/12/2019 02/12/19 | Pending | -- | -- | -- | |
| 02/07/2019 02/07/19 | For Sale | $141,637 | -- | $61 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Allen Lin
-
Christopher McKay
C
Buyer's Agent in 2025
Christopher McKay
Keller Williams Allentown
(610) 435-1800
3 in this area
10 Total Sales
-
Jason Hall
J
Seller's Agent in 2021
Jason Hall
Cassidon Property Management
(610) 554-6599
14 in this area
66 Total Sales
-
Andrew Pingyar
Seller Co-Listing Agent in 2021
Andrew Pingyar
Cassidon Property Management
(610) 991-2122
11 in this area
40 Total Sales
-
Chiafeng Chuang
Buyer's Agent in 2021
Chiafeng Chuang
HomeStarr Realty
(646) 643-0625
2 in this area
23 Total Sales
-
Christine Jasinski
Seller's Agent in 2019
Christine Jasinski
Sterling Realty&Prop Managemnt
(267) 664-1841
2 in this area
81 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 761414
APN: 640722258669-1
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