439 W Walnut St Allentown, PA 18102
Center City NeighborhoodEstimated payment $9,715/month
Highlights
- 0.13 Acre Lot
- Heating Available
- 4-minute walk to Allentown Arts Park
- Laundry Room
About This Home
Discover an exceptional investment opportunity in the heart of Allentown with this impressive 12-unit apartment complex. This well-maintained property offers a unique blend of urban convenience with location and residential comfort from on site parking and laundry, presenting a prime asset for any discerning investor. Each unit within this complex provides a welcoming living space with high ceilings and ample living space. Residents enjoy easy access to local amenities and are close to all the development happening in downtown Allentown. Seize the moment to elevate your portfolio with this remarkable offering.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $21,063
Year Built
- Built in 1900
Lot Details
- 5,850 Sq Ft Lot
- Lot Dimensions are 45x130
Home Design
- Stone Veneer
Interior Spaces
- 8,348 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Full Bathrooms
Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
Utilities
- Heating Available
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,080
- Gardener Expense $1,200
- Insurance Expense $11,400
- Maintenance Expense $7,200
- Water Sewer Expense $3,200
- Operating Expense $49,153
- Gross Income $171,900
- Net Operating Income $122,747
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $21,063 | $632,300 | $72,000 | $560,300 |
| 2025 | $20,897 | $632,300 | $72,000 | $560,300 |
| 2024 | $20,897 | $632,300 | $72,000 | $560,300 |
| 2023 | $20,897 | $632,300 | $72,000 | $560,300 |
| 2022 | $20,176 | $632,300 | $560,300 | $72,000 |
| 2021 | $19,780 | $952,300 | $72,000 | $880,300 |
| 2020 | $10,214 | $312,300 | $72,000 | $240,300 |
| 2019 | $10,063 | $312,300 | $72,000 | $240,300 |
| 2018 | $9,270 | $312,300 | $72,000 | $240,300 |
| 2017 | $9,053 | $312,300 | $72,000 | $240,300 |
| 2016 | -- | $312,300 | $72,000 | $240,300 |
| 2015 | -- | $312,300 | $72,000 | $240,300 |
| 2014 | -- | $312,300 | $72,000 | $240,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/02/2026 08/02/26 | Pending | -- | -- | -- | |
| 07/27/2026 07/27/26 | For Sale | $1,500,000 | +42.9% | $180 / Sq Ft | |
| 10/05/2018 10/05/18 | Sold | $1,050,000 | -12.5% | $126 / Sq Ft | View Prior Sale |
| 08/27/2018 08/27/18 | Pending | -- | -- | -- | |
| 05/07/2018 05/07/18 | For Sale | $1,200,000 | -- | $144 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,050,000 | Steelhouse Abstract Inc | |
| Deed | $440,000 | Attorney | |
| Deed | $230,000 | -- | |
| Deed | $64,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | Purchase Money Mortgage | |
| Previous Owner | $473,000 | Future Advance Clause Open End Mortgage |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 781566
APN: 640720449626-1
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Information is deemed reliable but not guaranteed.
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