814 W Walnut St Allentown, PA 18102
Center City NeighborhoodEstimated payment $4,461/month
Highlights
- Baseboard Heating
- Historic Home
- 2-minute walk to Jackson Street Park
About This Home
Excellent investment opportunity with value add. Fully occupied 6 unit building blocks from all new Allentown development: Moxy Hotel, Archer Music Hall, Da Vinci Science Center, PPL Center, and multiple high end City Center apartment complexes. 6 high demand apartments and two parking spots. Tenants pay all utilities except water and trash. Four apartment leases are month to month. With its prime location, there is a great opportunity to upgrade the apartments and raise rents. No mechanicals and efficient footprint make this a low maintenance property.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,400
Year Built
- Built in 1900
Lot Details
- Historic Home
Parking
- 2 Parking Spaces
Home Design
- 3,632 Sq Ft Home
- Brick Exterior Construction
Utilities
- No Cooling
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 640609652586 001
Community Details
Overview
- 6 Units
- Old Allentn Historic Subdivision
Building Details
- Electric Expense $500
- Insurance Expense $3,000
- Maintenance Expense $3,000
- Trash Expense $3,690
- Water Sewer Expense $2,000
- Operating Expense $18,040
- Gross Income $62,820
- Net Operating Income $44,780
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/01/2025 04/01/25 | Pending | -- | -- | -- |
03/14/2025 03/14/25 | For Sale | $720,000 | +188.0% | $198 / Sq Ft |
10/12/2016 10/12/16 | Sold | $250,000 | -7.4% | $625 / Sq Ft |
08/04/2016 08/04/16 | Pending | -- | -- | -- |
06/15/2016 06/15/16 | For Sale | $270,000 | 0.0% | $675 / Sq Ft |
01/03/2012 01/03/12 | Rented | $495 | 0.0% | -- |
01/03/2012 01/03/12 | Under Contract | -- | -- | -- |
11/08/2011 11/08/11 | For Rent | $495 | -- | -- |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 753649

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