638 N 16th Street
Allentown City, PA 18102
Map
- 2 beds
- 3 baths
- 1,972 sqft
- 1,799 sqft lot
- $172 per sqft
- 1910 build
Investor Alert! Turnkey duplex just 2 minutes from the Allentown Fairgrounds—perfect for building or expanding your portfolio. Long-term ownership since the 1970s shows pride of care. Each unit has separate utilities, economical gas heat, and month-to-month tenants who want to stay. Current rents are well below market, with a CAP rate of 5.8%—and potential to reach 8–9% with market-level rents. The first-floor unit includes 1 bed, 1 bath, kitchen, living room, and basement access with laundry. The spacious second-floor unit features a private entrance, covered porch, brand-new central air/heating rooftop unit (June 2025), eat-in kitchen, living room, dining area, half bath with washer/dryer, and an upper-level bedroom with full bath and Jacuzzi tub. Both apartments offer two points of entry for added convenience and flexibility. A rare 2-car garage allows for off-street parking, a huge bonus in this area. Includes basement storage and low taxes. Solid structure, prime location, and strong upside—ideal for seasoned or first-time investors.
Last checked:
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Last updated Jul 4, 2025
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MLS# 759873 —
The Building
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Construction Materials:Brick
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Year Built Details:Unknown
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Year Built:1910
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Number Of Units Total:2
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Building Area:Assessor
Interior
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Living Area:1972.0
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash,Conventional,FHA,VaLoan
Location
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Longitude:-75.49504
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Latitude:40.607515
The Property
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Property Type:ResidentialIncome
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Property Sub Type:Investment
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Zoning:R-Mh
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Property Condition:Unknown
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Parcel Number:549741670302 001
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Lot Size Acres:0.041
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Lot Size Area:1799.0
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Lot Size Square Feet:1,799 Sqft
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Lot Size Units:SquareFeet
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Lot Size Source:PublicRecords
Listing Agent
- Contact info:
- Agent phone:
- (610) 691-6100
- Office phone:
- (610) 691-6100
Taxes
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Tax Annual Amount:$2,931.85
Beds
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Bedrooms Total:2
Baths
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Bathrooms Half:1
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Bathrooms Full:2
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Bathrooms Total:3
Heating & Cooling
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Cooling:CentralAir,WallWindowUnits
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Cooling:true
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Heating:Gas
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Middle School District:Allentown
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High School District:Allentown
The Community
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Subdivision Name:Not In Development
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Senior Community:false
Parking
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Parking Features:Detached, Garage
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Parking Total:2.0
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Garage:true
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/3/25
Jul 3, 2025
|
Listed / Active | GLVR | $340,000 |
