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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
- HOA FEE: $500
- Taxes: $3,202
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 770822
- Updated: 2/1/2026
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 3
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- 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
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: None, Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 2,390
- Living Area: 2,390 Sq. Ft.
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.044
- Lot Size (Sq. Ft.): 1,938
- Lot Dimensions: 17 x 114
- Zoning: R-H
Financial Considerations
- Maint. Fee: $500
- Operating Expenses: $5,205
- Tax Amount: $3,202.67
Disclosures and Reports
- Property ID: 640711871696 1
Listed by EXP Realty LLC
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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
Date
Details
Price
Change
Source
2/01/2026
Listed
$435,000
430.49%
MLS
1/09/2018
Sold
$82,000
—
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 139 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,203
—
$99,400
—
2024
$3,203
—
$99,400
—
2023
$3,203
-36%
$99,400
—
2022
$5,027
71%
$99,400
—
2019
$2,933
—
$99,400
—
2020
$2,947
2%
$99,400
—
2019
$2,899
7%
$99,400
—
2018
$2,710
3%
$99,400
—
2017
$2,640
—
$99,400
—
2016
$2,644
—
$99,400
—
2015
$2,647
-33%
$99,400
—
2014
$3,933
—
$99,400
—
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 139 N 5th St
139 N 5th Street, Allentown City, PA 18102 (MLS# 770822) is a Apartment property with 4 bedrooms and 3 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 Apartment 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.
