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$184,900 Sale Pending
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Property Description
Investor opportunity in Allentown! This spacious 5-bedroom, 1.5-bath twin offers nearly 1,500 sq. ft. of living space, featuring a newer roof, efficient gas heating system, and a fenced yard providing privacy and low-maintenance outdoor space. With a projected rent of $1,900 per month and annual taxes of only $1,532, the property delivers an impressive estimated 10.5% cap rate. Conveniently located just minutes from downtown Allentown, tenants will enjoy quick access to shopping, dining, schools, and major highways. A solid, well-maintained property offering excellent cash flow and long-term investment stability.
Full Property Details
Full Property Details for 137 N 3rd St
General
- Price: $184,900
- Taxes: $1,532
- Status: Pending
- Type: Townhouse
- Source: Lehigh_Valley
- MLS ID: 766170
- Updated: 12/29/2025
- Added to Site: 101 day(s) ago
Interior
- Interior Features: Wired for Data
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Exterior
- Porch/Patio/Deck: Patio
Parking
- Parking Features: On Street
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: From Route 22, exit onto Hamilton St toward downtown Allentown, then continue east and turn right ontoN 3rd St. The property at 137 N 3rd St will be on the left.
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: Gas, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 1,478
- Living Area: 1,478 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.023
- Lot Size (Sq. Ft.): 1,020
- Zoning: R-MH
Financial Considerations
- Operating Expenses: $500
- Tax Amount: $1,532.92
Disclosures and Reports
- Property ID: 640732741464 1
Listed by EXP Realty LLC
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Schools
Schools serving 137 N 3rd St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Sheridan El School 521 North 2nd Street, Allentown, PA 18102 | 1-5 | 0.4 mi |
Harrison-Morton Middle School 137 North 2nd Street, Allentown, PA 18101 | 6-8 | 0.1 mi |
Louis E Dieruff High School 815 North Irving Street, Allentown, PA 18109 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 137 N 3rd St
Date
Details
Price
Change
Source
12/04/2025
Price Reduced
$184,900
-2.11%
MLS
11/20/2025
Price Reduced
$188,890
-3.13%
MLS
10/14/2025
Price Reduced
$195,000
-2.5%
MLS
10/09/2025
Listed
$200,000
150%
MLS
12/14/2018
Sold
$80,000
—
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 137 N 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,540
—
$48,700
—
2024
$1,540
—
$48,700
—
2023
$1,540
-38%
$48,700
—
2022
$2,501
78%
$48,700
—
2019
$1,408
—
$48,700
—
2020
$1,415
2%
$48,700
—
2019
$1,391
7%
$48,700
—
2018
$1,304
3%
$48,700
—
2017
$1,271
—
$48,700
—
2016
$1,272
—
$48,700
—
2015
$1,274
-34%
$48,700
—
2014
$1,927
—
$48,700
—
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 137 N 3rd St
137 N 3rd Street, Allentown, PA 18101 (MLS# 766170) is a Townhouse property with 5 bedrooms, 1 full bathroom and 1 partial bathroom. 137 N 3rd Street is currently listed for $184,900 and was received on October 09, 2025. Want to learn more about 137 N 3rd Street? Do you have questions about finding other Townhouse real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

