1335 S Fountain, Allentown, PA 18103 - Photo 1

1/1

$290,000

Sold
Closed
Apartment
4 Beds
2 Full Baths

1/1

Property Description

Great opportunity to own a well-maintained 2-unit investment property in the desirable Park Terrace subdivision on Allentown's South Side. This building features two spacious 2-bedroom, 1-bath units-each with its own washer and dryer, separate electric heat, and private entrances. The first-floor unit offers easy access and a practical layout, while the second-floor unit enjoys a private balcony-perfect for relaxing or entertaining. With two dedicated off-street parking spots, this property provides convenience for tenants and owners alike. Whether you're looking to expand your portfolio or begin your investment journey, this turnkey property can deliver great income with a projected cap rate of 6.4%. Tenants pay their own electric, keeping operating expenses low. Located minutes from parks, shops, schools, and major roadways, this property offers strong rental appeal in a high-demand area. Don't miss your chance to invest in a solid, income-generating asset in the heart of Allentown.

Full Property Details

Full Property Details for 1335 S Fountain

General

Sold For: $290,000
HOA FEE: $1,500
Taxes: $4,971
Status: Closed
Type: Apartment
Source: Lehigh_Valley
MLS ID: 759319
Added to Site: 219 day(s) ago

Interior

Interior Features: Balcony

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Parking

Total Spaces: 4
Parking Features: Driveway, Off Street, On Street

Location

Area: Allentown-South
County: Lehigh
Subdivision: Parkway Terrace
Driving Directions: 15th street turns into ward street then left onto w wyoming the right onto s howardthen left on juniata then right on s fountain

School Information

Elem School District: Allentown
Midd School District: Allentown
High School District: Allentown

Community

Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Electric

Utilities

Sewer: Public Sewer
Water: Public
Cable Available: Yes
Utility Description: Cable Available

Structural Information

Construction: Brick
Year Built: 1984

Lot Features

Zoning: R-M-Medium Density Reside

Financial Considerations

Maint. Fee: $1,500
Operating Expenses: $9,271
Tax Amount: $4,971
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Property ID: 640614718088 001

Listed and Sold by Better Homes&Gardens RE Valley

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Schools

Schools serving 1335 S Fountain

School District:Allentown City School District

Name	Grades	Distance
Jefferson El School, Allentown, PA 750 Saint John Street, Allentown, PA 18103	PK-5	0.4 mi
South Mountain Middle School 709 West Emaus Avenue, Allentown, PA 18103	6-8	0.8 mi
William Allen High School 106 N 17th St, Allentown, PA 18104	9-12	1.6 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 1335 S Fountain

Date

Details

Price

Change

Source

8/15/2025

Sold

$290,000

-10.74%

MLS

6/12/2025

Listed

$324,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Richard A Zuber Realty-Boyertown, Amy Muzopappa

Price Reduced

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$409,900

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Single Family
Active
Updated 3 days ago

4
Beds
1
Total Bath
1,170
Sq. Ft.

Listed by Richard A Zuber Realty-Boyertown, Amy Muzopappa

1335 S Fountain, Allentown, PA 18103 (MLS# 759319) is a Apartment property that was sold at $290,000 on August 15, 2025. Want to learn more about 1335 S Fountain? 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.

1335 S Fountain Allentown, PA 18103