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$399,000

0beds
|
0baths
|
0sqft
|
1900built
744 N 5th St,Allentown, PA 18102

Est.$2,624/moCustomize payment

What's special

Built in 1900

126 years old

2 parking spaces

Garage

Overview

Fully occupied three-unit investment opportunity generating $40,500 in gross income and $33,933 in net income, offering immediate cash flow with additional upside. The property consists of three spacious 1-bedroom units, a proven and efficient unit mix supported by consistent rental demand in the area. All units are currently occupied on month-to-month leases, providing a new owner with full flexibility to increase rents to market and unlock additional value from day one. Tenants pay electric heat (baseboard) and gas for cooking, both separately metered, while landlord expenses are limited to ...

Listing updated: May 30, 2026 at 12:03 PM

Listed by:

james J Reardon 484-866-2495, eXp Commercial

Source: Bright MLS · MLS #PALH2015446Bright MLS

Property details

Cost estimate

Est. monthly payment

$2,426/mo
Principal & interest
$2,092
Property tax
$202
Home insurance (est.)
$133

Down payment

$79,80020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($79,800), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
May 29, 2026Price reduced$399,000($16,000)
May 5, 2026Listed for sale$415,000

Location

744 N 5th St, Allentown, PA 18102

Nearby schools

WILLIAM ALLEN

High School

Nearby homes

$399,000

0 beds · 0 baths · 0 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 6/24/2026.