$310,000
SOLD JUL 30, 2025

343 N 16th St Allentown, PA 18102

West End Allentown Neighborhood
3 Beds
2 Baths
1,612 Sq Ft
1,568 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

3% Above List Price

61 Days on Market

Highlights

  • Brick or Stone Mason
  • Laundry Room
  • Heating Available

About This Home

As of July 2025

This well-maintained two-family property in Allentown offers the perfect blend of immediate cash flow and future upside. The renovated first-floor unit is occupied by a long-term tenant paying $1,250/month, while the spacious 2-bedroom second-floor unit is vacant and move-in ready—ideal for an owner-occupant or a new tenant. The upstairs unit is now poised to command market rent of approximately $1,650/month.

The property features a central boiler (heat paid by landlord), a shared washer and dryer in the basement, and a clear certificate of occupancy in place. Whether you're looking to house hack or expand your rental portfolio, this is a turn-key opportunity with solid fundamentals and value-add potential. Don't miss out on this fantastic opportunity to own a profitable and well-cared-for two-family building. Contact us today to schedule a viewing and make this investment yours! A Minimum of 24 Hour Notice is Required for Showing - Contact Info in Agent Remarks.

Last Agent to Sell the Property

Nick Spade

Spade Property Management Inc. License #RM424449 Listed on: 05/30/2025

Last Buyer's Agent

Anthony Ramos

Century 21 Ramos Realty License #RM425965

Century 21 Ramos Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1915

Parking

  • On-Street Parking

Home Design

  • Brick or Stone Mason
  • Frame Construction

Interior Spaces

  • 1,612 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $400
  • Fuel Expense $1,600
  • Gardener Expense $300
  • Insurance Expense $829
  • Maintenance Expense $1,700
  • Professional Management Expense $1,000
  • Water Sewer Expense $960
  • Operating Expense $10,827
  • Gross Income $34,800
  • Net Operating Income $23,973

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,678

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 3
  • Year Built: 1915
  • LotSizeAcres: 0.036
  • Professional Management Expense: 1000.0
  • Co List Office Mls Id: SPMI
  • Subdivision Name: Not in Development
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1612.0
  • Stories: 3

Exterior Features

  • Construction Type: Brick, Frame

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 10827.0
  • Annual Fuel Expense: 1600.0
  • Annual Water Sewer Expense: 960.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 1577.0
  • Zoning: R-MH-MEDIUM HIGH DENSITY

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 400.0
  • Insurance Expense: 829.0
  • Maintenance Expense: 1700.0
  • Property Net Operating Income: 23973.0

Tax Info

  • Tax Annual Amount: 2678.0

Range of Values:

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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
07/30/2025 07/30/25 Sold $310,000 +3.4% $192 / Sq Ft
06/04/2025 06/04/25 Off Market $299,900 -- --
05/30/2025 05/30/25 For Sale $299,900 -- $186 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Nick Spade

    Spade Property Management Inc.

    (610) 439-8280

    6 in this area

    51 Total Sales

    Nick Spade
    Section Image
  • Anthony Ramos

    Buyer's Agent in 2025

    Anthony Ramos

    Century 21 Ramos Realty

    (484) 695-4887

    5 in this area

    199 Total Sales

    Anthony Ramos
    Section Image

  • M

    Buyer Co-Listing Agent in 2025

    Maria Rossi

    Century 21 Ramos Realty

    (908) 358-9408

    1 in this area

    9 Total Sales

    Maria Rossi
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 757199

Greater Lehigh Valley REALTORS®

APN: 549750330984-1

Pennsylvania Lehigh County Allentown 18102 West End Allentown

343 N 16th St, Allentown, PA

This home is located at 343 N 16th St, Allentown, PA 18102 and is currently priced at $310,000, approximately $192 per square foot. This property was built in 1915. 343 N 16th St is a home located in Lehigh County with nearby schools including Luis A. Ramos Elementary School, Francis D Raub Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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