438 N 7th Street, Allentown, PA 18102
$502,000
Property Type:
Commercial Sale
Square Footage:
4,681
Lot Size (sq. ft.):
4,661
Status:
Active
Current Price:
$502,000
List Date:
8/11/2025
Last Modified:
8/25/2025
Listing Details MLS# PM-134720
General Property Information
- Above Grade Finished Area
- 2878
- Building Area Total
- 4681
- Building Area Source
- Public Records
- Stories
- 3
- Year Built
- 1843
- Garage YN
- No
- Carport YN
- No
- Open Parking YN
- Yes
- Open Parking Spaces
- 3
- Lot Size Acres
- 0.107
- Water Body Access YN
- No
- List Price/SqFt
- 107.24
Property Features
Special Listing Conditions:
Standard
Possession:
Close Of Escrow
Structure Type:
Mixed Use
Current Use:
Mixed Use
Building Features:
High Traffic Area
Construction Materials:
Brick
Cooling:
Ceiling Fan(s)
Heating:
Baseboard
Water Source:
Public
Sewer:
Public Sewer
Parking Features:
Parking Pad; On Street
Road Frontage Type:
City Street
Contract Information
- Property Sub Type
- Mixed Use
- Listing Contract Date
- 2025-08-11
- Listing Service
- Full Service
Location Tax and Legal
- County
- Lehigh
- Street Number
- 438
- Street Direction Prefix
- N
- Street Name
- 7th
- Street Suffix
- Street
- City (Post Office)
- Allentown
- State
- PA
- Postal Code
- 18102
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- 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.
Unit Details
- Number Of Units Leased
- Yes
More Information
Income and Expenses
- Gross Income
- 60420
- Net Operating Income
- 44320
- Operating Expense
- 16100
Location, Tax, and Legal
- Parcel Number
- 02 08 G09SE1C 014 007
- Municipality
- Allentown City
- County Tax Amount
- 338.31
- Municipal Tax Amount
- 625.65
- School Tax Amount
- 2026.55
- Tax Annual Amount
- 2990.51
- Tax Assessed Value
- 89500
- Tax Year
- 2025
- Tax Map Number
- 549792978241001
- Deed Recording Date
- 2019-12-10
- Tax Legal Description
- Property Address: 0438 N 7th St /Tile Number: 475912D/School District: Allentown School District /Family Rooms: 0
- Zoning Description
- Multi-Family
Special Listing Conditions
- Standard
- Yes
Possession
- Close Of Escrow
- Yes
Structure Type
- Mixed Use
- Yes
Current Use
- Mixed Use
- Yes
Building Features
- High Traffic Area
- Yes
Construction Materials
- Brick
- Yes
Cooling
- Ceiling Fan(s)
- Yes
Heating
- Baseboard
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Parking Features
- Parking Pad
- Yes
- On Street
- Yes
Road Frontage Type
- City Street
- Yes
Listing Office:
Keller Williams Real Estate - Allentown
Last Updated: August - 25 - 2025
Information deemed reliable but not guaranteed.
