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$39,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
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Vacant-lot in prime location in center city Allentown. Currently Leased & used as parking-lot for the church. $1,800/year. Cross the street from the Sheridan Elementary School, Fully paved and 2-entry from the front and back. This vacant-lot used to be a Residential Home but the structure has been removed few years ago. Public Sewer/water is available, there is a sewer line and water hook up on the lot. Any questions for Water/sewer hookup, Rebuild a residential home, Garages and any future potential uses, please refer to Allentown city zoning office. Schedule your private showing today and don't miss on this investment opportunity. Bring offers!! Motivated Seller.

Full Property Details for 516 N 2nd St

General

  • Price: $39,000
  • Taxes: $324
  • Status: Pending
  • Type: Multi-Family
  • Source: Lehigh_Valley
  • MLS ID: 737627
  • Updated: 4/8/2026
  • Added to Site: 713 day(s) ago

Parking

  • Total Spaces: 10

Location

  • Area: Allentown-Central
  • County: Lehigh
  • Subdivision: Not in Development
  • Driving Directions: from American Pkwy take Tilghman st towards East Allentown, right on N 2nd st. Lot should be on the right next to the church

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: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Other

Lot Features

  • Lot Size (Acres): 0.067
  • Lot Size (Sq. Ft.): 2,905
  • Lot Size Source: Public Records
  • Zoning: R-MH-MEDIUM HIGH DENSITY

Financial Considerations

  • Operating Expenses: $325
  • Tax Amount: $324.74
  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 640734138165001

Listed by Reinvest Real Estate LLC

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Listing agent

— 516 N 2nd St —

  • Reinvest Real Estate LLC

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 516 N 2nd St

School District:Allentown City School District
NameGradesDistance
Sheridan El School
521 North 2nd Street, Allentown, PA 18102
1-50 mi
Harrison-Morton Middle School
137 North 2nd Street, Allentown, PA 18101
6-80.4 mi
Louis E Dieruff High School
815 North Irving Street, Allentown, PA 18109
9-121.3 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 516 N 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$39,000
-13.33%
MLS
6/27/2025
Price Reduced
$45,000
-9.82%
MLS
7/15/2024
Price Reduced
$49,900
-15.42%
MLS
5/09/2024
Listed
$59,000
31.11%
MLS
7/24/2012
Sold
$45,000
—
Public Record
Get Price Alerts and Save Property
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 for 516 N 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$325
—
$6,500
—
2024
$325
—
$6,500
—
2023
$325
85%
$6,500
—
2022
$176
-43%
$6,500
—
2019
$307
—
$6,500
—
2020
$308
1%
$6,500
—
2019
$305
13%
$6,500
—
2018
$269
2%
$6,500
—
2017
$264
—
$6,500
—
2016
$264
—
$6,500
—
2015
$264
3%
$6,500
—
2014
$257
—
$6,500
—
View All
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 for 516 N 2nd St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Reinvest Real Estate LLC

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Listed by Howard Hanna TheFrederickGroup

516 N 2nd Street, Allentown City, PA 18102 (MLS# 737627) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 516 N 2nd Street is currently listed for $39,000 and was received on May 09, 2024. Want to learn more about 516 N 2nd Street? Do you have questions about finding other Multi-Family 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.

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