$175,000
SOLD MAR 15, 2021

723 W Union St Allentown, PA 18101

Center City Neighborhood
3 Beds
3 Baths
1,794 Sq Ft
1,272 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

3% Above List Price

2 Days on Market

About This Home

As of March 2025

Multiple offers received. Highest and best offers due Friday 2/4 at 3:00pm. Fabulous positive cash flow 2 unit end of row townhouse in Center City Allentown. 9.0 cap rate at current rents which have room to go up based on the current rental market. First floor is a spacious 2 bedroom 1 bath unit with side porch. Second floor is a recently renovated 1 bedroom 1 bath unit with plenty of space. Electric heat paid by the tenants. Close to all that Center City Allentown has to offer. Be sure to check out the 360 degree virtual tour.

Last Agent to Sell the Property

Andrew Dilg

RE/MAX Real Estate Listed on: 02/02/2021

Last Buyer's Agent

Austin Brown

Realty One Group Supreme

Realty One Group Supreme

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1880

Lot Details

  • 1,272 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,794 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640619230571001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $323
  • Insurance Expense $718
  • Trash Expense $385
  • Water Sewer Expense $385
  • Gross Income $19,800
  • Net Operating Income $15,227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,687

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves
  • County Assessment: 88000.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Square Footage: 1794

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Electric: 323
  • Insurance: 718
  • Trash Removal: 385
  • Water Sewer: 385

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.029
  • Lot Sq Ft: 1272
  • Zoning Code: B-2-CENTRAL BUSINESS

Tax Info

  • Assessor Parcel Number: 640619230571001
  • County Taxes: 332.64
  • Municipal Taxes: 489.18
  • Total Taxes: 2687.04

Multi Family

  • School Taxes: 1865.22
  • Total Units: 2
  • Total Unit Count: 2

Range of Values:

Collateral Analytics

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Average Value
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List Price
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
03/10/2025 03/10/25 Sold $305,000 -4.7% $170 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
11/07/2024 11/07/24 For Sale $320,000 +82.9% $178 / Sq Ft
03/15/2021 03/15/21 Sold $175,000 +2.9% $98 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $170,000 -- $95 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Rosa Perez

    IronValley RE of Lehigh Valley

    (347) 432-0612

    8 in this area

    46 Total Sales

    Rosa Perez
    Section Image

  • E

    Buyer Co-Listing Agent in 2025

    Enrryko Placencia

    IronValley RE of Lehigh Valley

    (610) 766-7200

    2 in this area

    9 Total Sales

    Enrryko Placencia
    Section Image
  • Andrew Dilg

    Seller's Agent in 2021

    Andrew Dilg

    RE/MAX

    (773) 301-3644

    18 in this area

    275 Total Sales

    Andrew Dilg
    Section Image

  • A

    Buyer's Agent in 2021

    Austin Brown

    Realty One Group Supreme

    (610) 321-3730

    15 in this area

    150 Total Sales

    Austin Brown
    Section Image

  • A

    Buyer Co-Listing Agent in 2021

    Alex Lopez

    Homeway Real Estate

    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 659498

Greater Lehigh Valley REALTORS®

APN: 640619230571-1

Pennsylvania Lehigh County Allentown 18101 Center City

723 W Union St, Allentown, PA

This home is located at 723 W Union St, Allentown, PA 18101 and is currently priced at $175,000, approximately $97 per square foot. This property was built in 1880. 723 W Union St is a home located in Lehigh County with nearby schools including Jefferson Elementary School, South Mountain 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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