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$196,000
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Property Description
Semi-detached twin with a garage and large yard, generating $23,040 gross and $19,751 net annually. Located at 736-738 N Lumber St, Allentown, with approximately 1,330 sq ft above grade. The property includes a 4-bedroom, 1-bath residential unit that is currently occupied, along with a detached garage generating separate monthly income. Current gross rental income totals approximately $1,920 per month, with room to increase rents. Tenants are responsible for all utilities. Landlord operating expenses are clearly documented and include taxes, insurance and maintenance. The property offers immediate income with clearly defined upside. Suitable for investors seeking stabilized cash flow, simple management, and incremental income growth in an established Allentown submarket.
Full Property Details
Full Property Details for 736 N Lumber St
General
- Sold For: $196,000
- HOA FEE: $461
- Taxes: $2,095
- Status: Closed
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 770867
- Added to Site: 124 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 3
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: washington st to Lumber st
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: None, Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 2
- Square Feet: 1,330
- Living Area: 1,330 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.086
- Lot Size (Sq. Ft.): 3,750
- Zoning: R-MH
Financial Considerations
- Maint. Fee: $461
- Operating Expenses: $3,288
- Tax Amount: $2,095.17
Disclosures and Reports
- Property ID: 549783791141 1
Listed by EXP Realty LLC
Sold by EXP Realty LLC
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Schools
Schools serving 736 N Lumber St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Washington El School, Allentown, PA 837 North Ninth Street, Allentown, PA 18102 | 1-5 | 0.1 mi |
Trexler Middle School 851 North 15th Street, Allentown, PA 18102 | 6-8 | 0.7 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 736 N Lumber St
Date
Details
Price
Change
Source
4/09/2026
Sold
$196,000
-2%
MLS
2/01/2026
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
736 N Lumber Street, Allentown City, PA 18102 (MLS# 770867) is a Apartment property that was sold at $196,000 on April 09, 2026. Want to learn more about 736 N Lumber 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.

