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
Sold for $377,000 on 09/17/25
$377,000
245 N 4th St, Allentown, PA 18102
4beds
2,400sqft
Multi Family, Apartment
Built in 1885
-- sqft lot
$378,100 Zestimate®
$157/sqft
$1,893 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 21, 2025 at 05:57am
Listed by:
Allen Lin 215-376-4444,
Realty Mark LLC
Bought with:
Christopher W. McKay, RS377466
Keller Williams Allentown
Source: GLVR,MLS#: 761414
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Radiator(s)
Cooling
- None
Interior area
- Total interior livable area: 2,400 sqft
Property
Details
- Parcel number: 6407222586691
- Zoning: R-MH
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Unknown
- Year built: 1885
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Sewer Not Available
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Old Frgrnds Historic
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$378,100
2% more+$7,562
With Zillow Showcase(estimated)$385,662