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$275,000 Sale Pending
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Property Description
Fully Occupied Investment Property in Allentown, PA Great opportunity to own a fully leased property in Allentown with steady rental income. The landlord covers water, sewer, and trash, while tenants are responsible for gas, heat, and electric, helping offset operating costs. A solid investment in a strong rental market with consistent demand and reliable cash flow potential.
Full Property Details
Full Property Details for 220 S Madison St
General
- Price: $275,000
- Taxes: $2,930
- Status: Pending
- Type: Townhouse
- Source: Lehigh_Valley
- MLS ID: 775598
- Updated: 5/3/2026
- Added to Site: 24 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: Head east on Tilghman St. Turn right onto 15th St. Turn left onto Union St. Turn right onto S Madison St. Destination will be on the right
School Information
- Elem School District: Allentown
- Midd School District: Allentown
- High School District: Allentown
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.044
- Lot Size (Sq. Ft.): 1,920
- Zoning: R-MH
Financial Considerations
- Operating Expenses: $6,589
- Tax Amount: $2,930.73
Disclosures and Reports
- Property ID: 549677788628 1
Listed by Steel City Realty
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Schools
Schools serving 220 S Madison St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Union Terrace El School 1939 Union Street, Allentown, PA 18104 | K-5 | 0.7 mi |
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 0.5 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 220 S Madison St
Date
Details
Price
Change
Source
4/25/2026
Listed
$275,000
202.2%
MLS
4/27/2017
Sold
$91,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 220 S Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,931
1%
$90,100
—
2025
$2,910
—
$90,100
—
2024
$2,910
—
$90,100
—
2023
$2,910
-36%
$90,100
—
2022
$4,547
71%
$90,100
—
2019
$2,666
—
$90,100
—
2020
$2,678
2%
$90,100
—
2019
$2,635
7%
$90,100
—
2018
$2,462
3%
$90,100
—
2017
$2,399
—
$90,100
—
2016
$2,402
—
$90,100
—
2015
$2,404
-33%
$90,100
—
2014
$3,565
—
$90,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 220 S Madison St
220 S Madison Street, Allentown City, PA 18102 (MLS# 775598) is a Townhouse property with 4 bedrooms and 1 full bathroom. 220 S Madison Street is currently listed for $275,000 and was received on April 25, 2026. Want to learn more about 220 S Madison Street? Do you have questions about finding other Townhouse real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.

