932 W Walnut St Allentown, PA 18102
Center City NeighborhoodEstimated payment $4,390/month
Total Views
140,238
10
Beds
5
Baths
5,220
Sq Ft
$144
Price per Sq Ft
Highlights
- Very Popular Property
- Heating Available
- 1-minute walk to Valania Park
- Brick or Stone Mason
About This Home
Don’t judge a book by its cover—this 5-unit investment in Allentown delivers serious numbers. Now offered at an improved price with a 9.36% cap rate, gross annual income over $84,000, and a clear CO. Two buildings on one deed with separated utilities, new roofs (2021 & 2023), and 4 of 5 units renovated within the last 3 years. Strong cash flow in a desirable, walkable Walnut Street location—an opportunity that’s hard to overlook.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,276
Year Built
- Built in 1885
Parking
- On-Street Parking
Home Design
- Brick or Stone Mason
- Vinyl Siding
- Stucco
Interior Spaces
- 5,220 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Utilities
- Heating Available
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $475
- Insurance Expense $3,300
- Water Sewer Expense $2,400
- Operating Expense $14,548
- Gross Income $84,780
- Net Operating Income $70,232
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $750,000 | -6.2% | $144 / Sq Ft | |
| 09/29/2025 09/29/25 | For Sale | $799,900 | +156.4% | $153 / Sq Ft | |
| 12/30/2020 12/30/20 | Sold | $312,000 | -10.8% | $60 / Sq Ft | View Prior Sale |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- | |
| 07/30/2020 07/30/20 | For Sale | $349,900 | -- | $67 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
About the Listing Agent
As the team manager of the Cliff Lewis Experience, I oversee one of the top-performing real estate teams in the United States and Canada under Coldwell Banker. With over 15 years in the industry and 500+ properties sold personally, I’ve shifted my focus toward building, managing, and mentoring an elite group of agents who share one mission: delivering an exceptional real estate experience for every client.
Every listing and transaction reflects the collective effort, care, and skill of
Nick's Other Listings
Source: Greater Lehigh Valley REALTORS®
MLS Number: 765233
APN: 549699924715-1
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