Listing provided courtesy of Coldwell Banker Hearthside- MLS# 779020MLS Provider

247 N 10th StreetAllentown City, PA 18102

Multi-Family · 6 Beds · 4 Full Baths · 1 Half Bath · 5,888 Sq. ft. | 0.03 Acres
$600,000 Active

247 N 10th Street Overview

Time on Site:
5 days
Visits:
0

Exceptional mixed-use investment opportunity in the heart of Allentown! This fully occupied, income-producing corner property features a first-floor commercial church space and four residential apartments across the upper levels, providing multiple income streams and strong long-term investment potential. The commercial unit occupies the main level and features a large open gathering area with stage, seating capacity, updated lighting, and restroom facilities. The highly visible corner location offers excellent exposure and accessibility for a variety of future commercial or community-oriented uses. The second and third floors consist of four residential apartments with a mix of updated finishes, including renovated kitchens, updated flooring, bright living spaces, and well-maintained interiors. Tenants enjoy separate entrances, shared common areas, and convenient access to downtown amenities, public transportation, shopping, dining, and major commuter routes. The building's attractive brick exterior, prominent corner presence, and historic architectural details add character and curb appeal, while the established tenancy and existing leases provide immediate cash flow for investors. Whether you're looking to expand your portfolio or acquire a stabilized mixed-use asset with upside potential, this property offers a unique opportunity in a growing market.

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247 N 10th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,888
  • Price/Sq.ft. $102
  • Lot 0.03 Acres

Details

General

School Information

  • School District: Allentown

Income/Expenses

  • Electric Expense: 420.0
  • Insurance Expense: 3000.0
  • Net Operating Income: 63082.0
  • Operating Expense: 10598.0
  • Water Sewer Expense: 1500.0

Building Information

  • Year Built: 1900

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: 4177.79
  • Tax Assessed Value: 129300

General Information

  • Parcel Number: 549781822379-1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: R-MH

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total: 5
  • Bedrooms Total: 6

General Information

  • Cooling: Wall/Window Unit(s)
  • Living Area: 5888.0
  • Stories: 3
  • Stories Total: 3

Exterior

Lot Information

  • Lot Size Area: 1459.0
  • Lot Size Square Feet: 1459.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick Veneer,Vinyl Siding
  • Property Attached: false

General Information

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

Unit Information

Unit 5 Details

  • Total Rent: 1000.0
  • Actual Rent: 1000.0
  • Beds Total: 1
  • Baths Total: 1
  • Description: lease ends 8/31/26

Unit 3 Details

  • Total Rent: 1250.0
  • Actual Rent: 1250.0
  • Beds Total: 2
  • Baths Total: 1
  • Description: lease ends 2/28/27

Unit 4 Details

  • Total Rent: 1295.0
  • Actual Rent: 1295.0
  • Beds Total: 2
  • Baths Total: 1
  • Description: Month to Month

Unit 2 Details

  • Total Rent: 1295.0
  • Actual Rent: 1295.0
  • Beds Total: 2
  • Baths Total: 1
  • Description: Lease starts July 1

Unit 1 Details

  • Total Rent: 1300.0
  • Actual Rent: 1300.0
  • Beds Total: 0
  • Baths Total: 1
  • Description: Church

247 N 10th 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.

247 N 10th Street Monthly Cost

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$ %
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$
$
* 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.

247 N 10th 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

247 N 10th Street History

Date Event Value Agent
6/24/2026Source: Greater Lehigh Valley MLS Added to Database
June 24, 2026