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Property Description
Excellent opportunity to add a THREE-UNIT detached investment property to your real estate portfolio! Conveniently situated in East Allentown, offers three separate residential units with a desirable 2-bedroom, 1-full-bath configuration in each unit, providing a total of 6 bedrooms and 3 full bathrooms. Whether you are an experienced investor looking to expand your rental portfolio or an owner-occupant interested in living in one unit while generating rental income from the others, this property offers tremendous flexibility and income-producing potential. The MAIN-LEVEL UNIT features 2 bedrooms, 1 full bathroom and an eat-in kitchen, providing a practical and comfortable floor plan. The SECOND-FLOOR UNIT welcomes you into a bright and spacious living room and features a separate eat-in kitchen equipped with a gas stove, refrigerator and double sink. Two generously sized bedrooms and a full bathroom complete this level. The THIRD-FLOOR UNIT provides another 2-bedroom, 1-full-bath configuration, giving the property three individual residential units and a total of six bedrooms throughout the building. Outside, the property offers a large backyard with plenty of room for tenants to enjoy outdoor space-an excellent feature for a multi-unit property in the city. A balcony provides additional outdoor living space. Even better, the property includes off-street parking/parking-pad spaces, providing valuable parking convenience for occupants. The detached three-story building features brick and vinyl exterior construction and is situated on an approximately 32.5' x 120' lot. Public water and public sewer service the property. The property has historically been recognized as a converted three-apartment residential property. LOCATION is another major advantage. Situated just off Union Boulevard in East Allentown, the property offers convenient access to Airport Road, Route 22 and other major Lehigh Valley transportation routes, making travel throughout Allentown, Bethlehem and the surrounding area convenient. Coca-Cola Park, shopping centers, restaurants, parks, schools and numerous everyday conveniences are all located nearby.
Full Property Details
Full Property Details for 875 Jerome St
General
- Price: $429,000
- HOA FEE: $500
- Taxes: $2,564
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 785760
- Updated: 10/6/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Balcony
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 3
- Parking Features: Off Street, Parking Pad
Location
- Area: Allentown-South
- County: Lehigh
- Subdivision: Not in Development
- Cross Streets: Union Blvd
- Driving Directions: From US-22, Take the Airport Road S exit, L onto Union Blvd, R onto N Jerome St, L onto E Clay St, R onto N Jay St.
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: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Construction: Vinyl Siding
- Stories/Levels: 3
- Square Feet: 1,600
- Living Area: 1,600 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.105
- Lot Size (Sq. Ft.): 4,570
- Lot Size Source: Public Records
- Lot Dimensions: 32.5 x 120
- Zoning: R-M-Medium Density Reside
Financial Considerations
- Maint. Fee: $500
- Operating Expenses: $6,500
- Tax Amount: $2,564
Disclosures and Reports
- Property ID: 640798634729-1
Listed by Keller Williams Northampton
Get Pre-Approved Today
Schools
Schools serving 875 Jerome St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Ritter El School 790 North Plymouth Street, Allentown, PA 18109 | K-5 | 0.4 mi |
Harrison-Morton Middle School 137 North 2nd Street, Allentown, PA 18101 | 6-8 | 1.5 mi |
Louis E Dieruff High School 815 North Irving Street, Allentown, PA 18109 | 9-12 | 0.2 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 875 Jerome St
Date
Details
Price
Change
Source
10/06/2026
Listed
$429,000
63.43%
MLS
10/21/2024
Sold
$262,500
—
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 875 Jerome St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,564
1%
$73,000
—
2025
$2,540
—
$73,000
—
2024
$2,540
—
$73,000
—
2023
$2,540
-26%
$73,000
—
2022
$3,442
47%
$73,000
—
2019
$2,342
—
$73,000
—
2020
$2,353
2%
$73,000
—
2019
$2,317
8%
$73,000
—
2018
$2,139
2%
$73,000
—
2017
$2,088
—
$73,000
—
2016
$2,091
—
$73,000
—
2015
$2,091
-28%
$73,000
—
2014
$2,888
—
$73,000
—
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 875 Jerome St
875 Jerome Street, Allentown City, PA 18109 (MLS# 785760) is a Apartment property with 6 bedrooms and 3 full bathrooms. 875 Jerome Street is currently listed for $429,000 and was received on October 06, 2026. Want to learn more about 875 Jerome 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.

