Date
Details
Price
Change
Source
2/01/2026
Listed
$435,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$435,000 Just Listed
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Property Description
Fully occupied, all-brick three-unit investment property generating $40,280 in gross income and $35,075 in net income. The building includes a 3-bedroom/2-bath unit, a 1-bedroom/1-bath unit, and a studio apartment, all leased with staggered expirations extending through 2026, providing strong income stability. Tenants pay all utilities, including electric, gas heat, and water. Water is submetered, making it a tenant responsibility. Landlord expenses are minimal and clearly documented, limited to taxes and insurance. In-place rents provide consistent cash flow, with upside supported by historical leasing performance and recent rent growth in the Allentown-Central submarket. This asset is well suited for investors seeking stabilized income, a diversified unit mix, and a clear path to improved performance through rent growth.
Full Property Details
Full Property Details for 139 N 5th St
General
- Price: $435,000
- Taxes: $3,201 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PALH2014394
- Updated: 2/1/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease Info: Yearly
- Rent Control: Yes
Interior
- Flooring: Engineered Wood, Ceramic Tile
Parking
- Parking Type: On Street
Location
- Area: Allentown City (12302)
- Municipality: ALLENTOWN CITY
- County: LEHIGH
- Subdivision: ALLENTOWN
- Driving Directions: Turn right onto Airport Rd 7.5 mi Turn right onto American Pkwy 2.2 mi Turn right onto W Gordon St 0.3 mi Turn left onto N 5th St
- Location Details: Downtown
School Information
- School District: Allentown
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic
- Water: Public
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Block, Stone
- Sq. Ft. Source: Assessor
- Year Built: 1870
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Property View: City
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,938
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 114.00
- Zoning: R-H
Financial Considerations
- Operating Expenses: $5,205
- Assessment Year: 2025
- School Tax: $2,250
- City/TownTax: $576
- City/TownTax Freq: Annually
- County Tax: $375
- County Tax Freq: Annually
- Tax w/Assessment: $99,400
- Tax Amount: $3,201
- Tax Year: 2025
- Owner Pays: Insurance
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 21
Listed by eXp Commercial, james J Reardon
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Listing agent
— 139 N 5th St —
james J Reardon
eXp Commercial
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 139 N 5th St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Central El School, Allentown, PA 829 West Turner Street, Allentown, PA 18102 | 1-5 | 0.4 mi |
Harrison-Morton Middle School 137 North 2nd Street, Allentown, PA 18101 | 6-8 | 0.5 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 1.4 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 139 N 5th St
Estimate the Cost
Estimate the Cost for 139 N 5th St
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,340Sq. Ft.
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- Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 2,270Sq. Ft.
- Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,520Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- 2,767Sq. Ft.
139 N 5th Street, Allentown, PA 18103 (MLS# PALH2014394) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 139 N 5th Street is currently listed for $435,000 and was received on February 01, 2026. Want to learn more about 139 N 5th 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.