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$454,999
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Property Description
Mixed-use 3-unit property in the heart of Center City Allentown, offering strong income and future upside. The building includes a commercial space on the first floor and two 1-bedroom apartments on the upper levels. Two units occupied and currently generating approximately $2,950 per month, with potential to lease at full capacity to $4,150. Residential leases are short term, providing flexibility for rent adjustments or repositioning. Located along busy North 7th Street, the property offers excellent visibility and steady foot traffic, surrounded by restaurants, shops, and local businesses. HVAC in commercial unit, mini splits in second unit, all units metered separately. Just minutes from the PPL Center, Hamilton Street corridor, and major transportation routes. Seller is motivated-agents are encouraged to bring all offers.
Full Property Details
Full Property Details for 520 7th St
General
- Price: $454,999
- HOA FEE: $1,500
- Taxes: $2,821
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 784301
- Updated: 10/2/2026
- Added to Site: 10 day(s) ago
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: Head east on Allen street, make a right on 7th street and property is 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
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 2,463
- Living Area: 2,463 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.041
- Lot Size (Sq. Ft.): 1,807
- Zoning: B1/R
Financial Considerations
- Maint. Fee: $1,500
- Operating Expenses: $7,321
- Tax Amount: $2,821.13
Disclosures and Reports
- Property ID: 549793901854-1
Listed by I-Do Real Estate
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Schools
Schools serving 520 7th St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 1.4 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 1.2 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 520 7th St
Date
Details
Price
Change
Source
9/28/2026
Listed
$454,999
384.04%
MLS
5/08/1998
Sold
$94,000
—
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 520 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,821
1%
$87,400
—
2025
$2,802
—
$87,400
—
2024
$2,802
—
$87,400
—
2023
$2,802
-37%
$87,400
—
2022
$4,439
73%
$87,400
—
2019
$2,565
—
$87,400
—
2020
$2,577
2%
$87,400
—
2019
$2,535
7%
$87,400
—
2018
$2,371
3%
$87,400
—
2017
$2,310
—
$87,400
—
2016
$2,314
—
$87,400
—
2015
$2,316
-20%
$87,400
19%
2014
$2,896
—
$73,200
—
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 520 7th St
520 7th Street, Allentown City, PA 18102 (MLS# 784301) is a Apartment property with 0 bedrooms and 0 full bathrooms. 520 7th Street is currently listed for $454,999 and was received on September 28, 2026. Want to learn more about 520 7th 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.

