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$730,000
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Property Description
Don't judge a book by its cover-this 5-unit investment in Allentown delivers serious numbers. Now offered at an improved price with a 9.36% cap rate, gross annual income over $84,000, and a clear CO. Two buildings on one deed with separated utilities, new roofs (2021 & 2023), and 4 of 5 units renovated within the last 3 years. Strong cash flow in a desirable, walkable Walnut Street location-an opportunity that's hard to overlook.
Full Property Details
Full Property Details for 932 Walnut St
General
- Sold For: $730,000
- Taxes: $5,276
- Status: Closed
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 765233
- Added to Site: 147 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 10
Parking
- Parking Features: On Street
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: From Rt 22 - 145 S - R on Union st onto Jackson. Make a right on walnut. Property on right.
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, Gas, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Stucco, Vinyl Siding
- Stories/Levels: 3
- Square Feet: 5,220
- Living Area: 5,220 Sq. Ft.
- Year Built: 1885
Lot Features
- Lot Size (Acres): 0.069
- Lot Size (Sq. Ft.): 2,998
- Lot Size Source: Public Records
- Zoning: B-2
Financial Considerations
- Operating Expenses: $14,548
- Tax Amount: $5,276.13
Disclosures and Reports
- Property ID: 549699924715 1
Listed by Coldwell Banker Hearthside
Sold by Advanced Realty Services
Get Pre-Approved Today
Schools
Schools serving 932 Walnut St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Jefferson El School, Allentown, PA 750 Saint John Street, Allentown, PA 18103 | PK-5 | 0.7 mi |
South Mountain Middle School 709 West Emaus Avenue, Allentown, PA 18103 | 6-8 | 1.8 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 1 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 932 Walnut St
Date
Details
Price
Change
Source
2/20/2026
Sold
$730,000
-2.67%
MLS
11/07/2025
Price Reduced
$750,000
-6.24%
MLS
9/29/2025
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
932 Walnut Street, Allentown, PA 18102 (MLS# 765233) is a Apartment property that was sold at $730,000 on February 20, 2026. Want to learn more about 932 Walnut 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.

