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Sold for $310,000 on 07/30/25
  • $310,000

    343 N 16th St, Allentown, PA 18102

    3beds
    1,612sqft
    Multi Family, Apartment
    Built in 1915
    -- sqft lot
    $303,000 Zestimate®
    $192/sqft
    $1,904 Estimated rent

    What's special

    This well-maintained two-family property in Allentown offers the perfect blend of immediate cash flow and future upside. The renovated first-floor unit is occupied by a long-term tenant paying $1,250/month, while the spacious 2-bedroom second-floor unit is vacant and move-in ready—ideal for an owner-occupant or a new tenant. The upstairs unit is now poised to command market rent of approximately $1,650/month. The property features a central boiler (heat paid by landlord), a shared washer and dryer in the basement, and a clear certificate of occupancy in place. Whether you're looking to house hack or expand your rental portfolio, this is a turn-key opportunity with solid fundamentals and value-add potential. Don't miss out on this fantastic opportunity to own a profitable and well-cared-for two-family building. Contact us today to schedule a viewing and make this investment yours! A Minimum of 24 Hour Notice is Required for Showing - Contact Info in Agent Remarks.

    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 11:27am

    Listed by:

    Nick Spade,

    Spade Property Management Inc.

    Bought with:

    Anthony Ramos, RM425965

    Century 21 Ramos Realty

    Maria Rossi, RS365548

    Century 21 Ramos Realty

    Source: GLVR,MLS#: 757199MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas, Hot Water
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Interior area
    • Total interior livable area: 1,612 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 1,568 sqft
    Details
    • Parcel number: 549750330984001
    • Zoning: R-MH-MEDIUM HIGH DENSITY
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick, Frame
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Allentown
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $303,000
    2% more+ $6,060
    With Zillow Showcase(estimated)
    $309,060