Listing provided courtesy of Century 21 Ramos Realty- MLS# 778174MLS Provider

500 W Gordon StreetAllentown City, PA 18102

4,220 Sq. ft. | 0.06 Acres
$575,000 Active

500 W Gordon Street Overview

Time on Site:
27 days
Visits:
1

Excellent investment opportunity! Mixed-use corner property featuring a well-established, operating pizzeria/restaurant on the first floor with excellent visibility and exposure. The residential portion includes two apartments. The first unit is a 1-bedroom apartment with two levels. The second unit is a well-maintained 3-bedroom apartment featuring hardwood floors, an updated tile bathroom, and ample living space. The property offers separate utilities for the commercial space and each residential unit, making management efficient and expenses easy to track. A large basement provides abundant storage space for both the business and tenants. Prime corner location with strong street presence, convenient access to major routes ,walking distance to the hospital, and local amenities. An ideal opportunity for investors seeking multiple income streams from both commercial and residential tenants.

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500 W Gordon Street Facts & Features

  • Type
  • Sq. ft. 4,220
  • Price/Sq.ft. $136
  • Lot 0.06 Acres

Details

General

School Information

  • School District: Allentown

Income/Expenses

  • Other Expense: 500.0
  • Insurance Expense: 1850.0
  • Maintenance Expense: 2800.0
  • Net Operating Income: 34250.0
  • Operating Expense: 5350.0
  • Water Sewer Expense: 1128.0

Building Information

  • Year Built: 1900
  • Year Built Details: Unknown

Location/Region

  • County Or Parish: Lehigh
  • MLS Area Major: Allentown-Central
  • Postal City: Allentown City
  • Subdivision Name: Not in Development

Tax Information

  • Tax Annual Amount: 5886.46
  • Tax Assessed Value: 182600

General Information

  • Parcel Number: 640712277558-1
  • Property Condition: Unknown
  • Property Sub Type: Commercial
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: R-MH

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Cooling: Wall/Window Unit(s)
  • Living Area: 4220.0

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 1.0

Lot Information

  • Lot Size Area: 2744.0
  • Lot Size Square Feet: 2744.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Other

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

500 W Gordon Street Neighborhood

Community

18102 (ALLENTOWN) Demographics

30
Median Age
16,327
Population Density (per sq. mile)
14%
College Educated
$34,538
Estimated Median Income
4,970
Estimated Total Home Owners
11,624
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

500 W Gordon Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

500 W Gordon Street Market Data

Based on the last 30 days in this zip code

$316,077
Average List Price
$86
Average Price per Square Foot
1
Properties Sold
64
Average Days on Market
9
Properties for Sale
Calculations provided by Reliance Network

500 W Gordon Street History

Date Event Value Agent
6/17/2026Source: Greater Lehigh Valley MLS Added to Database
June 17, 2026
6/2/2026Source: Greater Lehigh Valley MLS Added to Database
June 02, 2026
5/29/2026Source: Greater Lehigh Valley MLS Added to Database
May 29, 2026