

732 W Tilghman StreetAllentown City, PA 18102
Multi-Family · 14 Beds · 6 Full Baths · 7,076 Sq. ft. | 0.08 Acres732 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.
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
732 W Tilghman Street Monthly Cost
732 W Tilghman Street Market Data
Based on the last 30 days in this zip code
732 W Tilghman Street History
| Date | Value | Agent |
|---|---|---|
| 5/5/2026Source: Greater Lehigh Valley MLS | May 05, 2026 |
|
| 11/17/2025Source: Greater Lehigh Valley MLS | November 17, 2025 |
|
| 7/28/2025Source: Greater Lehigh Valley MLS | June 05, 2025 |
