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$680,000
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Property Description
36 unit climate controlled self storage facility plus 3 apartments above at an 8.28% cap rate with lots of room for growth in rents. Located on a quiet street of Allentown and right off the bustling 4th street that's full of every retailer. New flat rubber roof over the storage completed 3 years ago. All apartments pay their own heat and cooking utilities. LL pays for water, sewer, insurance and taxes. Call for full financials. Seller is motivated to get this one sold and move onto a bigger facility
Full Property Details
Full Property Details for 2312 S 5th St
General
- Sold For: $680,000
- HOA FEE: $4,579
- Status: Closed
- Type: Multi-Family
- Source: Lehigh_Valley
- MLS ID: 752876
- Added to Site: 327 day(s) ago
Parking
- Total Spaces: 6
Location
- Area: Allentown-South
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: Turn onto 5th street from 4th street allentown. property is to the right.
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
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Square Feet: 11,685
- Living Area: 11,685 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.303
- Lot Size (Sq. Ft.): 13,199
- Zoning: R-L-LOW DENSITY RESIDENTI
Financial Considerations
- Maint. Fee: $4,579
- Operating Expenses: $28,260
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 640651803000001
Listed and Sold by KW Commercial - Northampton
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Schools
Schools serving 2312 S 5th St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Hiram W Dodd El School 1944 South Church Street, Allentown, PA 18103 | K-5 | 0.4 mi |
South Mountain Middle School 709 West Emaus Avenue, Allentown, PA 18103 | 6-8 | 0.3 mi |
Louis E Dieruff High School 815 North Irving Street, Allentown, PA 18109 | 9-12 | 3.3 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 2312 S 5th St
Date
Details
Price
Change
Source
8/15/2025
Sold
$680,000
-2.16%
MLS
5/10/2025
Price Reduced
$695,000
-5.44%
MLS
3/24/2025
Price Reduced
$735,000
-3.92%
MLS
2/01/2025
Listed
$765,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2312 S 5th Street, Allentown City, PA 18103 (MLS# 752876) is a Multi-Family property that was sold at $680,000 on August 15, 2025. Want to learn more about 2312 S 5th Street? Do you have questions about finding other Multi-Family 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.
