This well maintained three-unit building presents a fantastic investment opportunity in a highly desirable location just minutes from the city center and St. Luke’s Hospital. With strong rental demand in the area, this property offers reliable income potential and excellent prospects for long-term appreciation.
Each spacious unit features separate electric meters, allowing tenants to pay their own electric helping reduce operating costs and increase profitability. The first-floor unit boasts high ceilings, while all units offer practical layouts and appealing features that make them easy to rent out.
The property also includes a large backyard a rare bonus in this area providing outdoor space for tenants or future value-add opportunities.
Whether you're a seasoned investor or an owner-occupant looking to house hack, this property is an ideal fit. Live in one unit while renting out the other two to generate passive income and build equity.
The property will be delivered with a clear Certificate of Occupancy, offering a smooth and worry-free transition to ownership.
Don’t miss this opportunity to own a solid, income-generating asset in a prime, central location!
Agent Related to Owner
For sale
$385,000
245 N 4th St, Allentown, PA 18102
4beds
2,400sqft
Est.:
Multi Family, Apartment
Built in 1885
-- sqft lot
$376,300 Zestimate®
$160/sqft
$-- HOA
What's special
- 23 days
- on Zillow |
- 441 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 09:33am
Listed by:
Allen Lin,
Realty Mark LLC 215-376-4444
Source: GLVR,MLS#: 761414
Originating MLS: Lehigh Valley MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Radiator(s)
Cooling
- None
Interior area
- Total interior livable area: 2,400 sqft
Property
Details
- Parcel number: 6407222586691
- Zoning: R-MH
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Unknown
- Year built: 1885
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Sewer Not Available
Community & HOA
Community
- Subdivision: Old Frgrnds Historic
Location
- Region: Allentown
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $106,000
- Annual tax amount: $5,295
- Date on market: 7/20/2025
- Listing terms: Cash,Conventional
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