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Request Info$234,900
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274 E ELM STREET Overview
- Time on Site:
- 91 days
- Visits:
- 2
This property presents a solid investment opportunity on Allentown's East Side, offering strong rental potential and long-term value growth. The home features a practical, well-designed layout with comfortable living areas, an updated and functional kitchen, and well-proportioned bedrooms, including a finished attic that adds valuable flexibility for occupants. Recent improvements and efficient mechanical systems support low-maintenance ownership, making the property suitable for immediate occupancy while still allowing room for future value-add enhancements. The exterior offers a manageable yard and off-street parking options, enhancing tenant appeal and ease of upkeep. Whether you're expanding an existing portfolio or making your first investment purchase, this home provides an attractive combination of affordability, rental viability, and long-term upside potential.
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274 E ELM STREET Facts & Features
- Type Multi-Family
- Sq. ft. 1,281
- Price/Sq.ft. $183
- Lot 0.03 Acres
Details
General
Income/Expenses
- Existing Lease Type: Yearly,Long Term
- Gross Income: 23400.00
- Income Includes: Apartment Rentals
- Net Operating Income: 19738.00
- Operating Expense Includes: Insurance
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 1281
- Year Built: 1900
Location/Region
- Country: US
- County: LEHIGH
- County Or Parish: LEHIGH
- MLS Area Major: Allentown City (12302)
- Subdivision Name: EAST ALLENTOWN
Parking Information
- Total Parking Spaces: 1
- Type of Parking: Detached Garage
Tax Information
- City/Town Tax: 452.86
- City/Town Tax Payment Frequency: Annually
- County Tax: 277.45
- County Tax Payment Frequency: Annually
- School Tax: 1662.00
- Tax Annual Amount: $2,392.31
- Tax Assessed Value: 73400.00
- Tax Year: 2025
General Information
- Exclusions: Refrigerator
- Inclusions: Washer, Dryer
- Property Sub Type: Other
- Property Type: Multi-Family
- School District Name: ALLENTOWN
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: R-MH
Unit Information
- Other Units: Unit 1
Interior
Building Information
- Cooling Fuel: None
- Heating Fuel: Electric
Parking Information
- Garage Features: Additional Storage Area,Garage - Rear Entry
- Garage Spaces: 1.00
- Garage: Yes
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
Building Interior
- Above Grade Finished Area: 1281
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: 2+ Access Exits
- Appliances: Stainless Steel Appliances, Oven/Range - Electric, Built-In Microwave, Dryer, Washer
- Cooling: None
- Fireplace: No
- Flooring: Ceramic Tile, Hardwood, Partially Carpeted
- Foundation Details: Concrete Perimeter
- Interior Features: Bathroom - Tub Shower, Combination Dining/Living, Attic, Sound System
- Living Area: 1281
- Living Area Source: Estimated
- Stories Total: 3
- Units Furnished: None
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 1
- Two Bedroom Units Count: 0
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 12.00 x 120.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 1440.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: City
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Colonial
- Construction Materials: Brick
- Patio And Porch Features: Porch(es)
- Roof: Asphalt
General Information
- Exterior Features: Sidewalks
- Number Of Units Leased: 1
- Number Of Units Total: 1
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Total Rent: 1950.00
- Beds Total: 3
274 E ELM STREET Neighborhood
Community
18104 (Allentown City) Demographics
38
Median Age
1,897
Population Density (per sq. mile)
51%
College Educated
$74,960
Estimated Median Income
11,374
Estimated Total Home Owners
5,045
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
274 E ELM STREET Monthly Cost
274 E ELM STREET Market Data
Based on the last 30 days in this zip code
$494,014
Average List Price
$232
Average Price per Square Foot
9
Properties Sold
35
Average Days on Market
27
Properties for Sale
274 E ELM STREET History
| Date | Value | Agent |
|---|---|---|
| 6/27/2026Source: BRIGHT MLS | $234,900 -2.1% |
|
| 3/31/2026Source: BRIGHT MLS | March 31, 2026 |
Listing provided courtesy of Howard Hanna The Frederick Group- MLS# PALH2014870
Contact Information: 6103980411
Contact Information: 6103980411