$625,000
SOLD JUL 11, 2025

427 N 5th St Allentown, PA 18102

Center City Neighborhood
10 Beds
6 Baths
4,340 Sq Ft
3,990 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

7% Below List Price

60 Days on Market

About This Home

As of July 2025

Two side-by-side rowhomes, sold as a package, each with 3 fully occupied units (mix of 1- and 2-bedrooms). Total of 6 income-producing units in Old Historic Allentown Fairgrounds. Strong rental history and excellent cash flow potential. Ideal for investors seeking a stable, centrally located asset.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 05/12/2025

Last Buyer's Agent

karamjody karam

Morganelli Properties LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,539

Year Built

  • Built in 1880

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 4,340 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • 3,990 Sq Ft Lot
  • Heating Available

Community Details

Overview

  • 6 Units
  • Old Frgrnds Historic Subdivision

Building Details

  • Electric Expense $720
  • Fuel Expense $912
  • Insurance Expense $1,570
  • Maintenance Expense $2,399
  • Professional Management Expense $3,936
  • Water Sewer Expense $3,200
  • Operating Expense $21,340
  • Gross Income $79,995
  • Net Operating Income $58,655

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,539

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Townhouse
  • Stories: 3
  • Year Built: 1880
  • LotSizeAcres: 0.092
  • Professional Management Expense: 3936.0
  • Co List Office Mls Id: STEEL
  • Subdivision Name: Old Frgrnds Historic
  • PropertySubTypeAdditional: Townhouse,Duplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Living Area: 4340.0
  • Stories: 3

Exterior Features

  • Construction Type: Brick

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 21340.0
  • Annual Fuel Expense: 912.0
  • Annual Water Sewer Expense: 3200.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 3990.0
  • Zoning: R-MH

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 720.0
  • Insurance Expense: 1570.0
  • Maintenance Expense: 2399.0
  • Property Net Operating Income: 58655.0

Tax Info

  • Tax Annual Amount: 4539.49

Range of Values:

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Sold Price
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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 Change Sq Ft Price
07/11/2025 07/11/25 Sold $625,000 -7.4% $144 / Sq Ft
06/08/2025 06/08/25 Off Market $675,000 -- --
05/12/2025 05/12/25 For Sale $675,000 +321.9% $156 / Sq Ft
06/12/2020 06/12/20 Sold $160,000 0.0% $74 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $160,000 +190.9% $74 / Sq Ft
05/10/2013 05/10/13 Sold $55,000 +4.0% $26 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $52,900 -- $25 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer de Jesus

    Seller's Agent in 2025

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    141 in this area

    424 Total Sales

    Jennifer de Jesus
    Section Image

  • k

    Buyer's Agent in 2025

    karamjody karam

    Morganelli Properties LLC

    3 in this area

    96 Total Sales

    karamjody karam
    Section Image

  • I

    Seller's Agent in 2020

    Iona Schwartz

    CENTURY 21 Keim Realtors

  • Rudy Amelio

    Seller's Agent in 2013

    Rudy Amelio

    Rudy Amelio Real Estate

    (610) 437-5501

    43 in this area

    392 Total Sales

    Rudy Amelio
    Section Image

  • M

    Seller Co-Listing Agent in 2013

    Megan Kalman

    Rudy Amelio Real Estate

    Section Image

  • D

    Buyer's Agent in 2013

    Denise Francois

    HomeSnipe Real Estate, LLC

    (484) 201-9358

    8 in this area

    27 Total Sales

    Denise Francois
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 757285

Greater Lehigh Valley REALTORS®

APN: 640713218176-1

Pennsylvania Lehigh County Allentown 18102 Center City

427 N 5th St, Allentown, PA

This home is located at 427 N 5th St, Allentown, PA 18102 and is currently priced at $625,000, approximately $144 per square foot. This property was built in 1880. 427 N 5th St is a home located in Lehigh County with nearby schools including Central 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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