Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$39,000

  • For Sale
  • Active
  • Multi-Family
See This Home
Save This Home
See This Home
Save This Home
Vacant-lot in prime location in center city Allentown. Currently Leased & used as parking-lot for the church. $1,800/year. Cross the street from the Sheridan Elementary School, Fully paved and 2-entry from the front and back. This vacant-lot used to be a Residential Home but the structure has been removed few years ago. Public Sewer/water is available, there is a sewer line and water hook up on the lot. Any questions for Water/sewer hookup, Rebuild a residential home, Garages and any future potential uses, please refer to Allentown city zoning office. Schedule your private showing today and don't miss on this investment opportunity. Bring offers!! Motivated Seller.

Full Property Details for 516 N 2nd St

General

  • Price: $39,000
  • Taxes: $324
  • Status: Active
  • Type: Multi-Family
  • Source: Lehigh_Valley
  • MLS ID: 737627
  • Updated: 11/21/2025
  • Added to Site: 620 day(s) ago

Parking

  • Total Spaces: 10

Location

  • Area: Allentown-Central
  • County: Lehigh
  • Subdivision: Not in Development
  • Driving Directions: from American Pkwy take Tilghman st towards East Allentown, right on N 2nd st. Lot should be on the right next to the church

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: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Other

Lot Features

  • Lot Size (Acres): 0.067
  • Lot Size (Sq. Ft.): 2,905
  • Lot Size Source: Public Records
  • Zoning: R-MH-MEDIUM HIGH DENSITY

Financial Considerations

  • Operating Expenses: $325
  • Tax Amount: $324.74
  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 640734138165001

Listed by Reinvest Real Estate LLC

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 516 N 2nd St —

  • Reinvest Real Estate LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 516 N 2nd St

School District:Allentown City School District
NameGradesDistance
Sheridan El School
521 North 2nd Street, Allentown, PA 18102
1-50 mi
Harrison-Morton Middle School
137 North 2nd Street, Allentown, PA 18101
6-80.4 mi
Louis E Dieruff High School
815 North Irving Street, Allentown, PA 18109
9-121.3 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 516 N 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$39,000
-13.33%
MLS
6/27/2025
Price Reduced
$45,000
-9.82%
MLS
7/15/2024
Price Reduced
$49,900
-15.42%
MLS
5/09/2024
Listed
$59,000
31.11%
MLS
7/24/2012
Sold
$45,000
—
Public Record
Get Price Alerts and Save Property
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 for 516 N 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$325
—
$6,500
—
2024
$325
—
$6,500
—
2023
$325
85%
$6,500
—
2022
$176
-43%
$6,500
—
2019
$307
—
$6,500
—
2020
$308
1%
$6,500
—
2019
$305
13%
$6,500
—
2018
$269
2%
$6,500
—
2017
$264
—
$6,500
—
2016
$264
—
$6,500
—
2015
$264
3%
$6,500
—
2014
$257
—
$6,500
—
View All
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 for 516 N 2nd St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Reinvest Real Estate LLC

516 N 2nd Street, Allentown City, PA 18102 (MLS# 737627) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 516 N 2nd Street is currently listed for $39,000 and was received on May 09, 2024. Want to learn more about 516 N 2nd 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.

Tour this property