Listing provided courtesy of The Real Estate Firm&PropMngmt- MLS# 779204MLS Provider

521 N 6th StreetAllentown City, PA 18102

Multi-Family · 5 Beds · 3 Full Baths · 2,208 Sq. ft. | 0.04 Acres
$382,500 Active

521 N 6th Street Overview

Time on Site:
7 days
Visits:
1

521 N 6th St | Allentown, PA – Income-Producing Rooming House Investment Opportunity Discover a compelling investment opportunity in the heart of Allentown with this cash-flowing rooming house offering stable income and attractive returns. Generating approximately $37,656 in annual gross income and delivering a Net Operating Income of $31,490, this property offers an impressive 8.23% cap rate at the current list price of $382,500. Based on a self-managed ownership model and conservative operating expenses, investors can benefit from strong cash flow and long-term appreciation potential. Positioned to meet the continued demand for affordable housing options, this income-producing asset presents an excellent opportunity for investors seeking immediate returns with additional upside through principal paydown, tax advantages, and future appreciation. Conveniently situated near Downtown Allentown, the property offers easy access to public transportation, major employment centers, shopping, dining, and everyday conveniences. The area’s ongoing revitalization and continued demand for workforce housing support long-term occupancy and future growth potential. Whether you’re expanding an existing portfolio or acquiring your first income-producing asset, 521 N 6th St presents an opportunity to secure a cash-flowing property in one of the Lehigh Valley’s most active rental markets.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

521 N 6th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,208
  • Price/Sq.ft. $173
  • Lot 0.04 Acres

Details

General

School Information

  • School District: Allentown

Income/Expenses

  • Insurance Expense: 2500.0
  • Maintenance Expense: 1130.0
  • Net Operating Income: 31140.0
  • Operating Expense: 6516.0

Building Information

  • Year Built: 1890

Location/Region

  • County Or Parish: Lehigh
  • MLS Area Major: Allentown-Central
  • Postal City: Allentown City
  • Subdivision Name: Old Frgrnds Historic

Tax Information

  • Tax Annual Amount: 2537.0
  • Tax Assessed Value: 78700

General Information

  • Parcel Number: 640703539721 1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: R-MH

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 5

General Information

  • Living Area: 2208.0
  • Living Area Source: Assessor
  • Stories: 3
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: Detached,Garage,On Street

Lot Information

  • Lot Size Area: 1921.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 1921.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Brick

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer

521 N 6th 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.

521 N 6th 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.

521 N 6th 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

521 N 6th Street History

Date Event Value Agent
6/22/2026Source: Greater Lehigh Valley MLS Added to Database
June 22, 2026
7/28/2025Source: Greater Lehigh Valley MLS Added to Database
June 05, 2025