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$749,900 Just Listed
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Property Description
Great Investment opportunity to own this 4-6 units property with oversized 2-car Garages and 4-parking spots. A potential $85,800/year in gross income with over 10% Cap rate. 6- Electric & gas meters for each unit, while lower-level is electric baseboard heat. Each building has 3 units with over 6,192sqft of living space (12 bedrooms and 6 full Baths in total). Centrally located near Downtown Allentown and all local attractions. Don't miss out on this great investment opportunity. Schedule your private showing today. Bring offers!! Motivated Seller
Full Property Details
Full Property Details for 529 N 2nd St
General
- Price: $749,900
- Taxes: $6,538
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 782660
- Updated: 8/13/2026
- Added to Site: 6 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Parking
- Garage: Yes
- Total Spaces: 6
- Parking Features: Detached, Garage, Off Street, Parking Garage, Parking Pad
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: From American pkwy, east on Tilghman St, right on 2nd st. Peoperty on the left next to Sheridan Elementary School
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: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Baseboard, Electric, Gas, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Construction: Brick
- Square Feet: 6,192
- Living Area: 6,192 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.115
- Lot Size (Sq. Ft.): 5,000
- Lot Size Source: Public Records
- Zoning: R-Mh-Medium High Density
Financial Considerations
- Operating Expenses: $8,539
- Tax Amount: $6,538.9
Disclosures and Reports
- Property ID: 640734350365 1 & 640734259593 1
Listed by Reinvest Real Estate LLC
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Schools
Schools serving 529 N 2nd St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Sheridan El School 521 North 2nd Street, Allentown, PA 18102 | 1-5 | 0 mi |
Harrison-Morton Middle School 137 North 2nd Street, Allentown, PA 18101 | 6-8 | 0.4 mi |
Louis E Dieruff High School 815 North Irving Street, Allentown, PA 18109 | 9-12 | 1.3 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 529 N 2nd St
Date
Details
Price
Change
Source
8/13/2026
Listed
$749,900
—
MLS
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 529 N 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,270
1%
$101,200
—
2025
$3,247
—
$101,200
—
2024
$3,247
—
$101,200
—
2023
$3,247
-37%
$101,200
—
2022
$5,136
73%
$101,200
—
2019
$2,973
—
$101,200
—
2020
$2,987
2%
$101,200
—
2019
$2,938
7%
$101,200
—
2018
$2,748
3%
$101,200
—
2017
$2,677
—
$101,200
—
2016
$2,681
—
$101,200
—
2015
$2,684
-33%
$101,200
—
2014
$4,004
—
$101,200
—
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 529 N 2nd St
529 N 2nd Street, Allentown City, PA 18102 (MLS# 782660) is a Apartment property with 12 bedrooms and 6 full bathrooms. 529 N 2nd Street is currently listed for $749,900 and was received on August 13, 2026. Want to learn more about 529 N 2nd 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.

