137 N 3rd Street, Allentown City, PA 18101 - Photo 1

1/1

$185,000

Sold
Closed
Townhouse
5 Beds
1 Full Bath
1 Partial Bath
1,478 Sq. Ft.
Updated 12 days ago

1/1

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

Sold For: $185,000
Taxes: $1,532
Status: Closed
Type: Townhouse
Source: Lehigh_Valley
MLS ID: 766170
Added to Site: 125 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
Sold by I-Do Real Estate

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— 137 N 3rd St —

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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

1/30/2026

Sold

$185,000

0.05%

MLS

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

—

MLS

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

137 N 3rd Street, Allentown City, PA 18101 (MLS# 766170) is a Townhouse property that was sold at $185,000 on January 30, 2026. Want to learn more about 137 N 3rd Street? Do you have questions about finding other Townhouse real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.

137 N 3rd St Allentown City, PA 18101