Here’s your chance to be a part of Allentown's revitalization! Allentown 2-Unit, perfect for an investor or owner-occupant! This property features the perfect blend of historic elegance and contemporary updates. The well-designed layout offers comfortable living spaces & seamless flow, creating an inviting environment for occupants. Parking is always a priority, and ensures convenience 2 off street parking spaces in addition to on-street parking. Unit 1 is a 1 Bedroom and is rented for $1,100 per month & Unit 2 takes up the 2nd and 3rd floor and is a 4 Bedroom and is leased at $1,600 per month. This property guarantees steady & lucrative rental income, along with an affordable and comfortable way of living for an owner occupant. Tenants pay all utilities - Unit 1 is gas forced air and Unit 2 is baseboard electric. Rents are below market. Conveniently located near the heart of Allentown’s redevelopment shops, restaurants, parks, and major transportation routes. Just a few blocks from over 1 Billion Dollars of development including, the new Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, Restaurants, Retail, Nightlife, and so much more. Residents will enjoy easy access to all the amenities the area has to offer. This property is a must see!
Sold for $299,900 on 05/28/24
$299,900
21 S Madison St, Allentown, PA 18102
5beds
2,228sqft
Multi Family, Apartment
Built in 1903
-- sqft lot
$318,500 Zestimate®
$135/sqft
$2,003 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 29, 2024 at 06:13am
Listed by:
Andrew A. Ginsburg,
BHHS Regency Real Estate
Bought with:
Merise Carter, RS339310
Keller Williams Northampton
Source: GLVR,MLS#: 736049
Originating MLS: Lehigh Valley MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Electric, Forced Air, Gas, Hot Water
Cooling
- None
Interior area
- Total interior livable area: 2,228 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 2,134 sqft
- Dimensions: 21 x 100
Details
- Parcel number: 549678579808001
- Zoning: B1/R
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Services availability

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$318,500
2% more+ $6,370
With Zillow Showcase(estimated)
$324,870