NOT LISTED FOR SALE

818 W Walnut St Allentown, PA 18102

Center City Neighborhood
5 Beds
5 Baths
2,824 Sq Ft
2,204 Sq Ft Lot

Last Sold March 06, 2024

Last sale price $460,000 $163 Per Sq Ft

39 Days on Market

About This Home

As of March 2024

Five-unit investment opportunity in the heart of Allentown. All five units are currently leased. Tenants are responsible for their utility expenses (electricity and heating). The building comprises four one-bedroom apartments and, one efficient unit. The third-floor unit spans two floors, offering additional living space. There are two parking spaces in the rear, which offer additional income opportunities.

Last Agent to Sell the Property

Jessie Cevallos

BetterHomes&GardensRE/Cassidon Listed on: 11/20/2023

BetterHomes&GardensRE/Cassidon

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 1900

Lot Details

  • 2,204 Sq Ft Lot
  • Lot Dimensions are 20 x 110

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,824 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640609559401001

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,030
  • Insurance Expense $2,870
  • Manager Expense $3,920
  • Water Sewer Expense $1,254
  • Operating Expense $14,019
  • Gross Income $47,040
  • Net Operating Income $33,021

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,525

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 141800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Semi Modern
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Square Footage: 2824

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 1030
  • Insurance: 2870
  • Water Sewer: 1254

Condo/Co-op/Association

  • Lawn Snow Removal: 420
  • Management: 3920

Fee Information

  • Operating Expense: 14019

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.051
  • Lot Dimensions: 20 x 110
  • Lot Sq Ft: 2204
  • Zoning Code: R-H-HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640609559401001
  • County Taxes: 536.00
  • Municipal Taxes: 778.00
  • Total Taxes: 4525.00

Multi Family

  • School Taxes: 3211.00
  • Total Units: 5
  • Total Unit Count: 5

MLS Schools

  • School District: Allentown

Range of Values:

Collateral Analytics

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ICE

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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
03/06/2024 03/06/24 Sold $460,000 -3.1% $163 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/22/2023 12/22/23 Price Changed $474,900 -5.0% $168 / Sq Ft
12/02/2023 12/02/23 Price Changed $499,900 -12.3% $177 / Sq Ft
11/20/2023 11/20/23 For Sale $569,900 +34.1% $202 / Sq Ft
04/21/2022 04/21/22 Sold $425,000 +6.3% $150 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $399,900 0.0% $142 / Sq Ft
02/28/2019 02/28/19 Rented $850 0.0% --
01/08/2019 01/08/19 For Rent $850 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jessie Cevallos

    Seller's Agent in 2024

    Jessie Cevallos

    BetterHomes&GardensRE/Cassidon

    (610) 504-0337

    31 in this area

    113 Total Sales

    Jessie Cevallos
    Section Image
  • Jennifer de Jesus

    Buyer's Agent in 2024

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    144 in this area

    441 Total Sales

    Jennifer de Jesus
    Section Image

  • W

    Seller's Agent in 2019

    William Ortiz

    Home Team Real Estate

    (610) 216-1618

    12 Total Sales

    William Ortiz
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jeffrey Ramos

    Home Team Real Estate

    (484) 788-2776

    9 Total Sales

    Jeffrey Ramos
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 727484

Greater Lehigh Valley REALTORS®

Pennsylvania Lehigh County Allentown 18101 Center City

818 W Walnut St, Allentown, PA

This home is located at 818 W Walnut St, Allentown, PA 18102 since 20 November 2023. This property was built in 1900. 818 W Walnut 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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