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33431698
33431707

139 North 5th Street, Allentown, PA 18102

AP
PA RS379206
EXP Realty
Listed by EXP Realty
$435,000
3 days on market
Updated 3 days ago
Opportunity zone

Clean Allentown, PA Triplex. Clear CO

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,390
Net Rentable (SqFt) 2,390
Units 3
Cap Rate 7.00%
NOI $30,241
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 9.00%
Pro-Forma NOI $37,661
Class B
Year Built 1870
Buildings 1
Stories 3
Lot Size (SqFt) 1,938
Zoning R-H
Parking Spaces spaces
Investment Type Value Add
Ownership 100
Sale Condition N/A

About This Property

Marketing description

Group showing nexr Saturday 3/21/26 from 1215-100 Fully occupied,

all-brick three-unit investment property generating $40,280 in gross income

and $35,075 in net income. The building includes a 3-bedroom/2-bath unit,

a 1-bedroom/1-bath unit, and a studio apartment, all leased with staggered

expirations extending through 2026, providing strong income stability.

Tenants pay all utilities, including electric, gas heat, and water. Water is

submetered, making it a tenant responsibility. Landlord expenses are

minimal and clearly documented, limited to taxes and insurance. In-place

rents provide consistent cash flow, with upside supported by historical

leasing performance and recent rent growth in the Allentown-Central

submarket. This asset is well suited for investors seeking stabilized income,

a diversified unit mix, and a clear path to improved performance through

rent growth.

Listing Contacts

AP
PA RS379206
EXP Realty
Listed by EXP Realty

Valuation Calculator

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$
$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,241.00
$2,520.08/mo

Valuation Metrics

0
DSCR
6.95%
Cap Rate
6.95%
ROI

Map

Zoning

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R-H ResidentialMulti FamilyHigh Density Residential
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Akinlana Popoola
License
RS379206
Brokerage
exp realty
Brokerage Phone
(888) 397-7352
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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