
932 W Walnut St Allentown, PA 18102
Center City NeighborhoodEstimated payment $4,681/month
Highlights
- Hot Property
- Heating Available
- 1-minute walk to Valania Park
- Brick or Stone Mason
About This Home
5-Unit Investment in Allentown. Gross annual income of over $84,000 with 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 with a cap rate of 8.78% in a desirable, walkable Walnut Street location.
Townhouse Details
Home Type
- Townhome
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
Additional Features
- 2,998 Sq Ft Lot
- 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
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 |
---|---|---|---|---|---|
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 |
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
Nicholas' Other Listings
Source: Greater Lehigh Valley REALTORS®
MLS Number: 765233

APN: 549699924715-1
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