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Sold for $320,000 on 08/13/25
  • $320,000

    518 W Tilghman St, Allentown, PA 18102

    3beds
    2,141sqft
    Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $149/sqft
    $1,976 Estimated rent

    What's special

    Turnkey Investment Opportunity in Allentown’s Historic Old Fairgrounds District! This fully occupied, income-producing brick 3 unit offers a strong return and hassle-free ownership in the heart of Allentown. With three well-maintained 1-bedroom units, this property generates $34,620 in gross annual income. Tenants enjoy the convenience of public water/sewer, and the property benefits from efficient gas and electric utilities with RUBS implemented to help manage costs. Key features include: • Solid brick construction and classic 1900 charm • Separate electric meters • Current leases in place through early 2026 • Zoned R-MH in a desirable residential area near transit, dining, and more • Off-street garage included for unit 1 Whether you’re a seasoned investor or just getting started, this is a rare chance to acquire a stabilized asset in a growing rental market. Low property taxes and strong tenant history make this a must-see. Schedule your private showing today—48 hours’ notice preferred.

    Zillow last checked: 7 hours ago

    Listing updated: August 15, 2025 at 07:43am

    Listed by:

    Frank J. Renaldi, Jr.,

    CENTURY 21 Pinnacle

    Bought with:

    Gary Elbert, RS205118L

    Bellman & Radcliff

    Evelyn Martinez, RS280034

    Bellman & Radcliff

    Source: GLVR,MLS#: 759942MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric, Gas
    Cooling
    • None
    Interior area
    • Total interior livable area: 2,141 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage, On Street
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 1,916 sqft
    Details
    • Parcel number: 640704518364 1
    • Zoning: R-MH
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Allentown
    • Subdivision: Old Frgrnds Historic

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability