9.4% Cap Rate - Renovated Money Maker Generating $118,380 Gross Income and $101,327. This beautiful, cash-flowing, turnkey, 7-unit multi-family investment property has multiple units completely renovated including NEW Hardwood Flooring, New Kitchens, New Paint, Newer Appliances, New windows in some units, New bathrooms in some units including vanities, and the best part, SEPARATED WATER, so all unities are on the tenants and this property just generates profit. Tenants love central air! Six apartments have high-efficiency heat pumps for heat and AC and split units for heating and air conditioning in the carriage house. The property’s lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. The units are spacious and have plenty of sunlight. This area of town has become a hotspot for investors with consistent tenants in the area due to warehouse and retail development. Now fully rented! *One of the sellers is a Licensed real estate agent.
Sold for $1,190,000 on 10/20/25
$1,190,000
39 N 11th St, Allentown, PA 18101
9beds
5,604sqft
Multi Family, Apartment
Built in 1900
-- sqft lot
$1,190,200 Zestimate®
$212/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 20, 2025 at 03:02pm
Listed by:
Joshua Schoenberger 888-397-7352,
EXP Realty LLC
Bought with:
nonmember
NON MBR Office
Source: GLVR,MLS#: 760476
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Forced Air
Cooling
- Central Air
Features
- Balcony
- Flooring: Hardwood
Interior area
- Total interior livable area: 5,604 sqft
Property
Parking
- Total spaces: 6
Features
- Stories: 3
Lot
- Size: 4,617 sqft
Details
- Parcel number: 549689792985001
- Zoning: R-H-HIGH DENSITY RESIDENT
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Unknown
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Fire Escape
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,190,200
2% more+$23,804
With Zillow Showcase(estimated)$1,214,004