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$377,000
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Property Description
This well maintained three-unit building presents a fantastic investment opportunity in a highly desirable location just minutes from the city center and St. Luke's Hospital. With strong rental demand in the area, this property offers reliable income potential and excellent prospects for long-term appreciation. Each spacious unit features separate electric meters, allowing tenants to pay their own electric helping reduce operating costs and increase profitability. The first-floor unit boasts high ceilings, while all units offer practical layouts and appealing features that make them easy to rent out. The property also includes a large backyard a rare bonus in this area providing outdoor space for tenants or future value-add opportunities. Whether you're a seasoned investor or an owner-occupant looking to house hack, this property is an ideal fit. Live in one unit while renting out the other two to generate passive income and build equity. The property will be delivered with a clear Certificate of Occupancy, offering a smooth and worry-free transition to ownership. Don't miss this opportunity to own a solid, income-generating asset in a prime, central location! Agent Related to Owner
Full Property Details
Full Property Details for 245 N 4
General
- Sold For: $377,000
- Taxes: $5,295
- Status: Closed
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 761414
- Added to Site: 181 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Old Frgrnds Historic
- Cross Streets: Chew st
- Driving Directions: Between 4 and Chew
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: Gas, Radiator(s)
Utilities
- Sewer: None
- Water: Public
- Utility Description: Sewer Not Available
Structural Information
- Construction: Brick
- Square Feet: 2,400
- Living Area: 2,400 Sq. Ft.
- Year Built: 1885
Lot Features
- Zoning: R-MH
Financial Considerations
- Operating Expenses: $500
- Tax Amount: $5,295.85
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 640722258669-1
Listed by Realty Mark LLC
Sold by Keller Williams Allentown
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Schools
Schools serving 245 N 4
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Central El School, Allentown, PA 829 West Turner Street, Allentown, PA 18102 | 1-5 | 0.5 mi |
Lincoln Early Chld Center 1402 Walnut Street, Allentown, PA 18102 | PK-5 | 1.2 mi |
Harrison-Morton Middle School 137 North 2nd Street, Allentown, PA 18101 | 6-8 | 0.3 mi |
Louis E Dieruff High School 815 North Irving Street, Allentown, PA 18109 | 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 245 N 4
Date
Details
Price
Change
Source
9/17/2025
Sold
$377,000
-2.08%
MLS
7/23/2025
Listed
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
245 N 4, Allentown City, PA 18102 (MLS# 761414) is a Apartment property that was sold at $377,000 on September 17, 2025. Want to learn more about 245 N 4? 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.
