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$425,000
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Property Description
Investor's Delight! Don't miss this spacious 3-unit apartment building offering strong positive cash flow. Each apartment is just under 1,000 sq. ft., providing comfortable living space for tenants. Recent updates include brand-new replacement windows and siding, ensuring a low-maintenance exterior and reduced heating costs for years to come. The property has passed annual HUD inspections, demonstrating consistent upkeep and compliance. Additional income opportunity: the garage rents for $150/month. A solid investment with great potential and minimal upkeep - perfect for both new and seasoned investors!
Full Property Details
Full Property Details for 514 N 5th St
General
- Sold For: $425,000
- Taxes: $3,143
- Status: Closed
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 767871
- Added to Site: 67 day(s) ago
Interior
- Interior Features: Balcony
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Garage: Yes
- Attached garage: Yes
- Parking Features: Attached, Garage
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Old Frgrnds Historic
- Driving Directions: Tilghman St to South on 5th St. cross Allen to building on 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, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Construction: Brick, Vinyl Siding
- Stories/Levels: 3
- Square Feet: 2,928
- Living Area: 2,928 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,746
- Lot Size Source: Public Records
- Lot Dimensions: 15.87 x 110
- Zoning: R-MH
Financial Considerations
- Operating Expenses: $5,161
- Tax Amount: $3,143.62
Disclosures and Reports
- Property ID: 640703947384 001
Listed by Mountain Top Real Estate
Sold by Keller Williams Allentown
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Schools
Schools serving 514 N 5th St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Cleveland El School, Allentown, PA 424 North Ninth Street, Allentown, PA 18102 | 1-5 | 0.5 mi |
Lincoln Early Chld Center 1402 Walnut Street, Allentown, PA 18102 | PK-5 | 1.2 mi |
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 1.6 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 514 N 5th St
Date
Details
Price
Change
Source
12/16/2025
Sold
$425,000
7.59%
MLS
11/14/2025
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
514 N 5th Street, Allentown City, PA 18102 (MLS# 767871) is a Apartment property that was sold at $425,000 on December 16, 2025. Want to learn more about 514 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.
