858 N 7th Street, Allentown City, PA 18102 - Photo 1

1/1

$612,000

Sold
Closed
Apartment
7 Beds
5 Full Baths
2,828 Sq. Ft.

1/1

Property Description

Come see this updated 5-Units property centrally located in the fast-growing Allentown City. This property offering strong CASH FLOW of $69,000/year in gross income with over 9.86% Cap rate. Tenants responsible for all their own utilities, while owner covers only: water/sewer & trash. New Roof installed in 2024, Separate Basement entrance for storage area or refinish in the future, Low Expenses, LOW TAXES and reliable tenants for immediate income and peace of mind. Centrally located near Downtown Allentown and all local attractions. Don't miss out on this great investment opportunity to own a solid Income producing asset in a desirable location in Allentown city. schedule your showing today!

Full Property Details

Full Property Details for 858 N 7th St

General

Sold For: $612,000
Taxes: $3,467
Status: Closed
Type: Apartment
Source: Lehigh_Valley
MLS ID: 756610
Added to Site: 401 day(s) ago

Interior

Interior Features: Balcony

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 7

Additional Information

Security/Safety: Fire Escape

Parking

Parking Features: On Street

Location

Area: Allentown-Central
County: Lehigh
Subdivision: Not in Development
Driving Directions: From I-22 take 7th St towards Allentown. Property on the corner of Greenleaf intersection

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: Baseboard, Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick
Square Feet: 2,828
Living Area: 2,828 Sq. Ft.

Lot Features

Lot Size (Acres): 0.048
Lot Size (Sq. Ft.): 2,082
Lot Size Source: Public Records
Zoning: R-Mh-Medium High Density

Financial Considerations

Operating Expenses: $7,342
Tax Amount: $3,467.65
Terms: Cash, Conventional

Disclosures and Reports

Property ID: 549794199683 001

Listed by Reinvest Real Estate LLC
Sold by I-Do Real Estate

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— 858 N 7th St —

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Schools

Schools serving 858 N 7th St

School District:Allentown City School District

Name	Grades	Distance
Washington El School, Allentown, PA 837 North Ninth Street, Allentown, PA 18102	1-5	0.2 mi
Trexler Middle School 851 North 15th Street, Allentown, PA 18102	6-8	0.8 mi
William Allen High School 106 N 17th St, Allentown, PA 18104	9-12	1.4 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 858 N 7th St

Date

Details

Price

Change

Source

3/27/2026

Sold

$612,000

-2.06%

MLS

7/29/2025

Price Reduced

$624,900

-1.59%

MLS

6/18/2025

Price Reduced

$635,000

-1.55%

MLS

6/10/2025

Price Increased

$645,000

0.8%

MLS

5/21/2025

Price Reduced

$639,900

-1.4%

MLS

5/06/2025

Price Reduced

$649,000

-0.14%

MLS

4/30/2025

Listed

$649,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 1 day ago

2
Beds
2
Total Baths
1,789
Sq. Ft.

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Price Reduced

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858 N 7th Street, Allentown City, PA 18102 (MLS# 756610) is a Apartment property that was sold at $612,000 on March 27, 2026. Want to learn more about 858 N 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.

858 N 7th St Allentown City, PA 18102