Do not miss this great opportunity. 8 unit property with very large apartments (6 units approx 900 sq.ft). Tenants pay for their own gas heat and electric, 3 bedroom units and 1- 2 bedroom and 1-1bdm. New roof, gas heat, enclosed fire escape, The 6 rear apartments are all almost exactly alike. Owner has keep property as a 2 bedroom units but could easily raise rent as a 3 bedroom. Recent CO has been obtained .Owner has keep rents low to keep the current quality tenants. 1 3 bdm unit rented immediately
Sold for $1,400,000 on 09/23/25
$1,400,000
1316 W Walnut St, Allentown, PA 18102
15beds
8,794sqft
SingleFamily
Built in 1900
5,401 Square Feet Lot
$1,122,800 Zestimate®
$159/sqft
$1,623 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Gas
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 8,794 sqft
Property
Features
- Exterior features: Other, Vinyl, Brick
Lot
- Size: 5,401 sqft
Details
- Parcel number: 5496788413011
- Zoning: R-Mh-Medium High Density Residential
- Zoning description: R-Mh-Medium High Density Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Both Halves
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Security
- Security features: Fire Escape
Location
- Region: Allentown
Other
Other facts
- WaterSource: Public
- StoriesTotal: 3.0
- Heating: Gas
- HeatingYN: true
- ConstructionMaterials: Frame, Other, Brick, Vinyl, Aluminum
- NumberOfUnitsTotal: 8
- PetsAllowed: No
- LivingAreaSource: Tax Records
- SecurityFeatures: Fire Escape
- LotDimensionsSource: Tax Records
- LotSizeSource: Tax Records
- AboveGradeFinishedAreaSource: Tax Records
- Cooling: No Air
- Sewer: Public
- BuildingFeatures: Fire Escape
- Zoning: R-Mh-Medium High Density Residential
- ZoningDescription: R-Mh-Medium High Density Residential
- ArchitecturalStyle: Both Halves
- GrossIncome: 76000
- MlsStatus: Available
- CoListAgentFullName: George P. Neely III
- OperatingExpense: 13943
- NetOperatingIncome: 62600
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,122,800
2% more+$22,456
With Zillow Showcase(estimated)$1,145,256