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$502,000
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Property Description
Value-Add Mixed-Use Opportunity - Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. "¢ Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage-ideal for an owner-occupant or to maximize rental income. "¢ Unit 2: One-bedroom studio apartment, perfect for consistent rental income. "¢ Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.
Full Property Details
Full Property Details for 438 N 7th St
General
- Price: $502,000
- Taxes: $2,989 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PALH2012930
- Updated: 12/17/2025
- Added to Site: 195 day(s) ago
Business
- Business Type: Apartment Building, Other/General Retail
Parking
- Total Spaces: 3
- Parking Features: Private
- Parking Type: On Street, Parking Lot
Location
- Area: Allentown City (12302)
- Municipality: ALLENTOWN CITY
- County: LEHIGH
- Driving Directions: Head south on PA-145 S/MacArthur Rd. Continue to follow PA-145 S. Destination will be on the right.
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 2878
- Year Built: 1843
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,681
- Lot Size Source: Assessor
- Lot Dimensions: 21.00 x 230.00
- Zoning: B1/R
Financial Considerations
- Price Per Sq. Ft.: $174.43
- Operating Expenses: $16,100
- Assessment Year: 2025
- School Tax: $2,026
- City/TownTax: $625
- City/TownTax Freq: Annually
- County Tax: $338
- County Tax Freq: Annually
- Tax w/Assessment: $89,500
- Tax Amount: $2,989
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 7
Listed by Keller Williams Real Estate - Allentown, AYON Abraham CODNER
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Schools
Schools serving 438 N 7th St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Central El School, Allentown, PA 829 West Turner Street, Allentown, PA 18102 | 1-5 | 0.3 mi |
Lincoln Early Chld Center 1402 Walnut Street, Allentown, PA 18102 | PK-5 | 1 mi |
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 1.4 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 1.2 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 438 N 7th St
Date
Details
Price
Change
Source
8/08/2025
Listed
$502,000
271.85%
MLS
12/10/2019
Sold
$135,000
—
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 438 N 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,991
—
$89,500
—
2024
$2,991
—
$89,500
—
2023
$2,991
-32%
$89,500
—
2022
$4,384
60%
$89,500
—
2019
$2,748
—
$89,500
—
2020
$2,761
2%
$89,500
—
2019
$2,717
8%
$89,500
—
2018
$2,525
3%
$89,500
—
2017
$2,462
—
$89,500
—
2016
$2,466
—
$89,500
—
2015
$2,467
-30%
$89,500
—
2014
$3,541
—
$89,500
—
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 438 N 7th St
438 N 7th Street, Allentown, PA 18102 (MLS# PALH2012930) is a Apartment property. 438 N 7th Street is currently listed for $502,000 and was received on August 08, 2025. Want to learn more about 438 N 7th Street? Do you have questions about finding other Apartment real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

