$65,000

721 W Cedar St Allentown, PA 18102

Center City Neighborhood

Estimated payment $489/month

Total Views 13,081
3 Beds
1 Bath
2,160 Sq Ft
$30 Price per Sq Ft

About This Home

Strategic Investment Opportunity, Ready for Rebuild. This fire-damaged property offers an exceptional redevelopment opportunity. Featuring 3–4 bedrooms and 2 bathrooms, plus a previously finished basement, this property is ready for a full renovation and value-add strategy. Just minutes from Route 78 and 22, close to public transportation, shopping, dining and more. Ideal for experienced investors looking to flip or hold for long-term gains. Strong ROI potential, don't miss out.

Listing Agent

Yakaris Baez Ortiz

I-Do Real Estate Listed on: 05/28/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,601

Year Built

  • Built in 1893

Parking

  • 2 Car Garage
  • Parking Pad
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 1,816 Sq Ft Lot
  • Heating Available

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,601

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1893
  • LotSizeAcres: 0.042
  • Co List Office Mls Id: IDRE
  • Subdivision Name: Not in Development
  • Above Grade Finished Sq Ft: 1080.0
  • Year Built Details: Unknown
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Dining Area, Separate/Formal Dining Room
  • Basement: Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1080.0
  • Living Area: 2160.0
  • Total Bedrooms: 6

Exterior Features

  • Roof: Other
  • Construction Type: Vinyl Siding
  • Property Condition: Unknown

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Parking Pad, On Street

Utilities

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

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 1816.0
  • Zoning: R-Mh-Medium High Density

Tax Info

  • Tax Annual Amount: 1600.55

Map

Range of Values:

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Average Value
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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

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 $1,601 $48,500 $5,400 $43,100
2024 $1,601 $48,500 $5,400 $43,100
2023 $1,601 $48,500 $5,400 $43,100
2022 $1,545 $48,500 $43,100 $5,400
2021 $1,515 $48,500 $5,400 $43,100
2020 $1,476 $48,500 $5,400 $43,100
2019 $1,452 $48,500 $5,400 $43,100
2018 $1,352 $48,500 $5,400 $43,100
2017 $1,318 $48,500 $5,400 $43,100
2016 -- $48,500 $5,400 $43,100
2015 -- $48,500 $5,400 $43,100
2014 -- $48,500 $5,400 $43,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $65,000 0.0% $30 / Sq Ft
07/23/2025 07/23/25 Off Market $65,000 -- --
05/28/2025 05/28/25 For Sale $65,000 -53.6% $30 / Sq Ft
03/18/2022 03/18/22 Sold $140,000 0.0% $130 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $140,000 +300.0% $130 / Sq Ft
09/15/2014 09/15/14 Sold $35,000 -11.4% $32 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $39,500 -- $37 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $140,000 None Listed On Document
Deed $55,000 None Available
Deed $35,000 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,800 New Conventional
Previous Owner $54,003 FHA
Source: Public Records

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 757568

Greater Lehigh Valley REALTORS®

APN: 549794172342-1

Pennsylvania Lehigh County Allentown 18102 Center City

721 W Cedar St, Allentown, PA

This home is located at 721 W Cedar St, Allentown, PA 18102 and is currently priced at $65,000, approximately $30 per square foot. This property was built in 1893. 721 W Cedar St is a home located in Lehigh County with nearby schools including Washington Elementary School, Trexler Middle School, and William Allen High School.

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Nearby Homes
Listing Agent
Yakaris Baez Ortiz
Section Image
I-Do Real Estate
(484) 426-7688