Date
Details
Price
Change
Source
1/19/2026
Listed
$2,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,595,000 Sale Pending
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Property Description
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
Full Property Details
Full Property Details for 222 S 15th St
General
- Price: $2,595,000
- Taxes: $18,378
- Status: Pending
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 770573
- Updated: 2/11/2026
- Added to Site: 45 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 15
- Full Bathrooms: 15
Bedrooms
- Total Bedrooms: 20
Parking
- Parking Features: On Street
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Cross Streets: Union
- Driving Directions: Hamilton Street to South on 15th Street units 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
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Gas, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 10,878
- Living Area: 10,878 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,800
- Lot Size Source: Public Records
- Lot Dimensions: 40 x 120
- Zoning: RM
Financial Considerations
- Operating Expenses: $42,000
- Tax Amount: $18,378.34
Disclosures and Reports
- Property ID: 549667943712 001
Listed by Rudy Amelio Real Estate
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Listing agents
— 222 S 15th St —
Rudy Amelio Real Estate
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Schools
Schools serving 222 S 15th St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Union Terrace El School 1939 Union Street, Allentown, PA 18104 | K-5 | 0.5 mi |
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 0.3 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 222 S 15th St
Tax History
Tax History for 222 S 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,378
—
$539,600
—
2024
$18,378
—
$539,600
—
2023
$18,378
-29%
$539,600
—
2022
$25,969
54%
$539,600
—
2019
$16,917
—
$539,600
—
2020
$16,992
2%
$539,600
—
2019
$16,730
8%
$539,600
—
2018
$15,497
2%
$539,600
—
2017
$15,121
—
$539,600
—
2016
$15,142
—
$539,600
—
2015
$15,146
-29%
$539,600
—
2014
$21,351
—
$539,600
—
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 222 S 15th St
222 S 15th Street, Allentown City, PA 18102 (MLS# 770573) is a Apartment property with 20 bedrooms and 15 full bathrooms. 222 S 15th Street is currently listed for $2,595,000 and was received on January 19, 2026. Want to learn more about 222 S 15th Street? Do you have questions about finding other Apartment 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.