Listing provided courtesy of BHHS Regency Real Estate- MLS# 774455MLS Provider

732 W Tilghman StreetAllentown City, PA 18102

Multi-Family · 14 Beds · 6 Full Baths · 7,076 Sq. ft. | 0.08 Acres
$1,395,000 Active

732 W Tilghman Street Overview

Time on Site:
55 days
Visits:
3

732 Tilghman Street offers a rare turnkey 6-unit multifamily opportunity in Allentown, PA, with strong in-place rental income of $132,000 annually and drive-in off-street parking. Fully gut renovated down to the brick walls and rebuilt with brand-new construction interiors, this property is ideal for both seasoned multifamily investors and newer investors seeking a professionally renovated, low-maintenance asset. Unlike many older multifamily buildings that require ongoing capital improvements, 732 Tilghman has already undergone the heavy lifting. The building features a new roof, new windows, new drywall, new trim and doors, recessed lighting, updated interiors, electric baseboard heat, electric hot water, separate electric utilities, in-unit washer/dryers, and security cameras. Each apartment has been finished with hardwood flooring, white shaker cabinetry, quartz countertops, and modern, durable finishes designed for tenant appeal and long-term ownership. This property is positioned to provide stable income, easier management, and reduced maintenance demands compared to a typical older apartment building. The location is also a major advantage as this property sits minutes from Route 222 in one direction and just minutes from Downtown Allentown in the other. Downtown Allentown has recieved a billion dollars of redevelopment and has reshaped the urban core, including the PPL Center arena, the Da Vinci Science Center, the Moxy Hotel, Archer Music Hall, restaurants, entertainment venues, offices, and new residential development. This proximity helps support long-term tenant demand and positions the property within one of the Lehigh Valley’s most active growth corridors. 732 Tilghman Street is a true turnkey multifamily asset offering income, quality improvements, reduced maintenance exposure, and long-term ownership appeal in the Lehigh Valley market.

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732 W Tilghman Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,076
  • Price/Sq.ft. $197
  • Lot 0.08 Acres

Details

General

School Information

  • School District: Allentown

Income/Expenses

  • Electric Expense: 800.0
  • Insurance Expense: 4500.0
  • Maintenance Expense: 3000.0
  • Net Operating Income: 94318.0
  • Operating Expense: 33748.0
  • Water Sewer Expense: 2520.0

Building Information

  • Year Built Details: Unknown

Location/Region

  • County Or Parish: Lehigh
  • MLS Area Major: Allentown-Central
  • Postal City: Allentown City
  • Subdivision Name: Not in Development

Tax Information

  • Tax Assessed Value: 292700

General Information

  • Parcel Number: 549793368631 1
  • Property Condition: Unknown
  • Property Sub Type: Detached
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: R-MH

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Total: 6
  • Bedrooms Total: 14

General Information

  • Living Area: 7076.0
  • Living Area Source: Assessor
  • Security Features: Closed Circuit Camera(s)
  • Stories: 3
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: Built In,Garage
  • Parking Total: 6.0

Lot Information

  • Lot Size Area: 3311.0
  • Lot Size Dimensions: 29 x 115
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 3311.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer

732 W Tilghman 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.

732 W Tilghman 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.

732 W Tilghman 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

732 W Tilghman Street History

Date Event Value Agent
5/5/2026Source: Greater Lehigh Valley MLS Added to Database
May 05, 2026
11/17/2025Source: Greater Lehigh Valley MLS Added to Database
November 17, 2025
7/28/2025Source: Greater Lehigh Valley MLS Added to Database
June 05, 2025