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For sale
  • Price cut: $200K (3/24)
    $2,395,000

    222 S 15th St, Allentown, PA 18102

    20beds
    10,878sqft
    : 
    Multi Family, Apartment
    Built in ----
    -- sqft lot
    $2,238,900 Zestimate®
    $220/sqft
    $-- HOA

    What's special

    Gas heat
    Exceptional opportunity to acquire a 15-unit apartment building in Allentown. This brick, 3-story apartment-style property features a strong unit mix of 1,2 bedroom and efficiency apartments, providing immediate cash flow. The property is serviced by public water and sewer, offers gas heat, and individual units include oven/range and refrigerator. Located near downtown Allentown, public transportation, entertainment, dining, and shopping, ensuring consistent rental demand. Well-maintained asset with long-term tenants and upside potential through rent optimization. Ideal for investors seeking a stable, income-producing multifamily property in a growing urban market. 48-hour notice required for showings. Landlord pays gas heat, hot water, water/sewer, trash. Tenant pays gas cooking and electric. Each unit has separate meters for electric and gas cooking
    73 days
    |
    1,356
    |
    46
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 24, 2026 at 08:59am

    Listed by:

    Rudy Amelio Jr. 610-437-5501,

    Rudy Amelio Real Estate 610-437-5501,

    Jennifer R. Hart 484-767-3337,

    Rudy Amelio Real Estate

    Source: GLVR,MLS#: 770573MLS LogoOriginating MLS: Lehigh Valley MLS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 20
      • Bathrooms: 15
      • Full bathrooms: 15
      Heating
      • Gas, Radiator(s)
      Cooling
      • Wall/Window Unit(s)
      Interior area
      • Total interior livable area: 10,878 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 3
      Lot
      • Size: 4,791.6 Square Feet
      • Dimensions: 40 x 120
      Details
      • Parcel number: 549667943712 001
      • Zoning: RM
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Brick
      Condition
      • Unknown

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Not in Development
      Location
      • Region: Allentown

      Financial & listing details

      • Price per square foot: $220/sqft
      • Tax assessed value: $539,600
      • Annual tax amount: $18,378
      • Date on market: 1/19/2026
      • Cumulative days on market: 51 days
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        Estimated market value

        $2,238,900

        $2.13M - $2.35M

        $1,716/mo

        Price history

        Price history
        DateEventPrice
        3/24/2026Price change$2,395,000-7.7%$220/sqft
        Source: GLVR #770573 Report a problem
        3/6/2026Listed for sale$2,595,000$239/sqft
        Source: GLVR #770573 Report a problem
        2/11/2026Pending sale$2,595,000$239/sqft
        Source: GLVR #770573 Report a problem
        1/19/2026Listed for sale$2,595,000$239/sqft
        Source: GLVR #770573 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $14,609/mo
        Principal & interest
        $11915
        Property taxes
        $2694
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          Climate risks

          Neighborhood: West Walnut/Union Terrace

          Getting around

          75 / 100
          Very Walkable
          39 / 100
          Some Transit
          41 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Allentown

          Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 18102