Renovated 3 unit investment property in close proximity to Sacred Heart Hospital with projected 11.1 percent cap rate.. 1st and 2nd floor are 2 bedroom units, 3rd floor unit has 1 bedroom. This property would be a great addition to your portfolio or for a live in owner. Seller is very motivated.
Sold for $400,000 on 07/29/25
$400,000
235 N 4th St, Allentown, PA 18102
--beds
0baths
2,648sqft
MultiFamily
Built in 1885
-- sqft lot
$414,400 Zestimate®
$151/sqft
$1,722 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Gas
Interior area
- Total interior livable area: 2,648 sqft
Property
Parking
- Parking features: Garage - Attached, None
Features
- Exterior features: Brick
Lot
- Size: 2,613 sqft
Details
- Parcel number: 6407223447381
- Zoning: R-Mh-Medium High Density Residential
- Zoning description: R-Mh-Medium High Density Residential
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
Condition
- Year built: 1885
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Location
- Region: Allentown
Other
Other facts
- WaterSource: Public
- StoriesTotal: 3.0
- Heating: Gas
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Brick
- PetsAllowed: No
- LivingAreaSource: Tax Records
- GrossIncome: 34200
- LotDimensionsSource: Tax Records
- LotSizeSource: Tax Records
- AboveGradeFinishedAreaSource: Tax Records
- Cooling: No Air
- Sewer: Public
- StructureType: Row/Townhouse
- Zoning: R-Mh-Medium High Density Residential
- ZoningDescription: R-Mh-Medium High Density Residential
- MlsStatus: Available
- TaxAnnualAmount: 3529.80
- NetOperatingIncome: 27771
- OperatingExpense: 6429
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$414,400
2% more+ $8,288
With Zillow Showcase(estimated)
$422,688