Listing provided courtesy of Keller Williams Allentown- MLS# 762577MLS Provider

438 N 7th StreetAllentown City, PA 18102

Multi-Family · 2,878 Sq. ft. | 0.11 Acres
$480,000 Active

438 N 7th Street Overview

Time on Site:
327 days
Visits:
20

Value-Add Mixed-Use Opportunity – Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. • Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage—ideal for an owner-occupant or to maximize rental income. • Unit 2: One-bedroom studio apartment, perfect for consistent rental income. • Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.

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438 N 7th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,878
  • Price/Sq.ft. $167
  • Lot 0.11 Acres

Details

General

School Information

  • School District: Allentown

Income/Expenses

  • Insurance Expense: 5076.0
  • Maintenance Expense: 2400.0
  • Net Operating Income: 44320.0
  • Operating Expense: 16100.0
  • Water Sewer Expense: 800.0

Building Information

  • Year Built: 1843

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: 2990.51
  • Tax Assessed Value: 89500

General Information

  • Parcel Number: 549792978241 1
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: B1/R

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Cooling: Ceiling Fan(s)
  • Living Area: 2878.0
  • Living Area Source: Assessor
  • Stories: 3
  • Stories Total: 3

Exterior

Parking Information

  • Parking Total: 3.0

Lot Information

  • Lot Size Acres: 0.107
  • Lot Size Area: 4681.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4681.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick

General Information

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

Unit Information

Unit 2 Details

  • Total Rent: 1300.0
  • Actual Rent: 1300.0
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Total Rent: 1500.0
  • Actual Rent: 1500.0
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Total Rent: 2500.0
  • Actual Rent: 2500.0
  • Beds Total: 0
  • Baths Total: 1
  • Description: Commercial Space/ Owner Occ

438 N 7th Street Neighborhood

Community

18102 (Allentown City) 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.

438 N 7th Street Monthly Cost

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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.

438 N 7th 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

438 N 7th Street History

Date Event Value Agent
5/1/2026Source: BRIGHT MLS Price Reduction
$480,000 -4.4%
5/1/2026Source: Pocono Mountains MLS Price Reduction
$480,000 -4.4%
8/11/2025Source: Pocono Mountains MLS Added to Database
August 11, 2025
8/8/2025Source: BRIGHT MLS Added to Database
August 08, 2025