858 N 7th St

$624,900
Price
7
Beds
2,828 Sq. Ft.
$221 / Sq. Ft.
2,828
Sq. Ft.
$221
per Sq. Ft.

Description

Come see this updated 5-Units property centrally located in the fast-growing Allentown City. This property offering strong CASH FLOW of $69,000/year in gross income with over 9.86% Cap rate. Tenants responsible for all their own utilities, while owner covers only: water/sewer & trash. New Roof installed in 2024, Separate Basement entrance for storage area or refinish in the future, Low Expenses, LOW TAXES and reliable tenants for immediate income and peace of mind. Centrally located near Downtown...Come see this updated 5-Units property centrally located in the fast-growing Allentown City. This property offering strong CASH FLOW of $69,000/year in gross income with over 9.86% Cap rate. Tenants responsible for all their own utilities, while owner covers only: water/sewer & trash. New Roof installed in 2024, Separate Basement entrance for storage area or refinish in the future, Low Expenses, LOW TAXES and reliable tenants for immediate income and peace of mind. Centrally located near Downtown Allentown and all local attractions. Don't miss out on this great investment opportunity to own a solid Income producing asset in a desirable location in Allentown city. schedule your showing today!
  1. Listed by Dean F. Alk • Reinvest Real Estate LLC
    P: (484)-619-8394 C: (484)-619-8394 deansellsbetter@gmail.com

Property Details for 858 North 7th Street

Senior Community
No
Subdivision Name
Not in Development
LISTING UPDATED: 12/09/2025 06:28 PM

Property Details for 858 North 7th Street

StatusActive
MLS #756610
Days on Market229
Taxes$3,468 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built-
CountyLehigh County

Location

Listing Courtesy of Reinvest Real Estate LLC
Add your commute

Building Information for 858 North 7th Street

Building/Complex858 N 7th StFloor-Stories-Residences5Pet Policy-Pet Policy Details-Year Built-Building Size-

Payment Calculator

$3,377 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,088

Property Taxes

$289

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 858 North 7th Street

Summary
Location and General Information
  • Country Subdivision: 42077
  • Directions: From I-22 take 7th St towards Allentown. Property on the corner of Greenleaf intersection
  • Latitude: 40.614865
  • Longitude: -75.477996
  • MLS Area Major: Allentown-Central
  • Zoning: R-Mh-Medium High Density
Taxes and HOA
  • Parcel Number: 549794199683 001
  • Tax Annual Amount: $3,468
  • Tax Assessed Value: $108,600
School Information
  • Elementary School District: Allentown
  • High School District: Allentown
  • Middle Or Junior School District: Allentown
Parking
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Total: 0.0
Property
Lot Information
  • Above Grade Finished Area: 2828.0
  • Below Grade Finished Area: 300.0
  • Living Area: 2828.0
  • Lot Size Acres: 0.048
  • Lot Size Area: 2082.0
  • Lot Size Square Feet: 2082.0
Property and Assessments
  • Year Built Details: Unknown
Interior and Exterior Features
Interior Features
  • Basement: Yes
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7
  • Heating: Yes
  • Rooms Total: 16
Room Information
Room 1
  • Room Description: Estimated size
  • Room Dimensions: 12.00 x 12.00
  • Room Length: 12.0
  • Room Level: Third
  • Room Type: LivingRoom
  • Room Width: 12.0
Room 2
  • Room Description: Estimated size
  • Room Dimensions: 13.00 x 11.00
  • Room Length: 13.0
  • Room Level: Second
  • Room Type: LivingRoom
  • Room Width: 11.0
Room 3
  • Room Description: Estimated size
  • Room Dimensions: 13.00 x 11.00
  • Room Length: 13.0
  • Room Level: Second
  • Room Type: LivingRoom
  • Room Width: 11.0
Room 4
  • Room Description: Estimated size
  • Room Dimensions: 13.00 x 12.00
  • Room Length: 13.0
  • Room Level: First
  • Room Type: LivingRoom
  • Room Width: 12.0
Room 5
  • Room Description: Estimated size
  • Room Dimensions: 13.00 x 11.00
  • Room Length: 13.0
  • Room Level: First
  • Room Type: LivingRoom
  • Room Width: 11.0
Room 6
  • Room Description: Estimated size
  • Room Dimensions: 12.00 x 12.00
  • Room Length: 12.0
  • Room Level: Third
  • Room Type: Kitchen
  • Room Width: 12.0
Room 7
  • Room Description: Estimated size
  • Room Dimensions: 12.00 x 10.00
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Kitchen
  • Room Width: 10.0
Room 8
  • Room Description: Estimated size
  • Room Dimensions: 12.00 x 10.00
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Kitchen
  • Room Width: 10.0
Room 9
  • Room Description: Estimated size
  • Room Dimensions: 11.00 x 9.00
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 9.0
Room 10
  • Room Description: Estimated size
  • Room Dimensions: 12.00 x 9.00
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 9.0
Room 11
  • Room Description: Estimated size
  • Room Dimensions: 6.00 x 4.00
  • Room Length: 6.0
  • Room Level: Third
  • Room Type: FullBath
  • Room Width: 4.0
Room 12
  • Room Description: Estimated size
  • Room Dimensions: 6.00 x 4.00
  • Room Length: 6.0
  • Room Level: Second
  • Room Type: FullBath
  • Room Width: 4.0
Room 13
  • Room Description: Estimated size
  • Room Dimensions: 6.00 x 4.00
  • Room Length: 6.0
  • Room Level: Second
  • Room Type: FullBath
  • Room Width: 4.0
Room 14
  • Room Description: Estimated size
  • Room Dimensions: 5.00 x 4.00
  • Room Length: 5.0
  • Room Level: First
  • Room Type: FullBath
  • Room Width: 4.0
Room 15
  • Room Description: Estimated size
  • Room Dimensions: 6.00 x 4.00
  • Room Length: 6.0
  • Room Level: First
  • Room Type: FullBath
  • Room Width: 4.0
Room 16
  • Room Description: Estimated size
  • Room Dimensions: 12.00 x 11.00
  • Room Length: 12.0
  • Room Level: Third
  • Room Type: Bedroom
  • Room Width: 11.0
Room 17
  • Room Description: Estimated size
  • Room Dimensions: 12.00 x 12.00
  • Room Length: 12.0
  • Room Level: Third
  • Room Type: Bedroom
  • Room Width: 12.0
Room 18
  • Room Description: Estimated size
  • Room Dimensions: 12.00 x 11.00
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 11.0
Room 19
  • Room Description: Estimated size
  • Room Dimensions: 13.00 x 11.00
  • Room Length: 13.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 11.0
Room 20
  • Room Description: Estimated size
  • Room Dimensions: 13.00 x 11.00
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 11.0
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $360.00
  • Fuel Expense: $.00
  • Gardener Expense: $.00
  • Gross Income: $69,000
  • Insurance Expense: $2,157.00
  • Maintenance Expense: $.00
  • Net Operating Income: $61,658
  • Operating Expense: $7,342.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
  • Trash Expense: $3,025.00
  • Water Sewer Expense: $1,800.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Actual Rent Range: 1100.00
  • Unit Type Area: 600.0
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: M-M lease ends
  • Unit Type Occupant Type: Occupied
  • Unit Type Total Rent: $1,100.00
  • Unit Type Unit Num: 3
Unit 2
  • Unit Type Actual Rent: $507.00
  • Unit Type Total Rent: 2
Unit 3
  • Unit Type Unit Num: 625.0
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 2.0
  • Unit Type Area Units: Month-Month Lease
  • Unit Type Pet Deposit Per Pet: Yes
Unit 4
  • Unit Type Total Rent: $507.00
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $1.00
  • Unit Type Num Full Baths: 1100
  • Unit Type Occupant Type: 4
Unit 5
  • Unit Type Unit Num: 1
  • Unit Type Furnished: Occupied
  • Unit Type Lease Expires: 12-31-1969 07:00:01 PM
  • Unit Type Num Full Baths: 1

Property History for 858 North 7th Street

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Price Change

GLVRMLS #756610

$624,900
Jun 18, 2025

Price Change

GLVRMLS #756610

$635,000
Jun 10, 2025

Price Change

GLVRMLS #756610

$645,000
Jun 6, 2025

Price Change

GLVRMLS #756610

$639,900
May 19, 2025

Withdrawn

GLVRMLS #756616

Apr 30, 2025

Listed (Active)

GLVRMLS #756616

$649,900
Apr 30, 2025

Listed (Active)

GLVRMLS #756610

$649,900
Jan 5, 2023

Closed

GLVRMLS #710595

$405,000
Jan 5, 2023

Listed (Active)

GLVRMLS #710595

$405,000
Sep 12, 2013

Expired

GLVRMLS #437558

$205,000
May 15, 2013

Closed

GLVRMLS #447247

$129,000
Apr 2, 2013

Pending

GLVRMLS #447247

Mar 22, 2013

Listed (Active)

GLVRMLS #447247

$129,000
Sep 12, 2012

Listed (Active)

GLVRMLS #437558

$205,000
Feb 1, 2009

Expired

GLVRMLS #315824

$367,900
Aug 6, 2008

Listed (Active)

GLVRMLS #315824

$367,900
DateEvent & SourcePrice
12/09/2025

Price Change

GLVRMLS #756610

$624,900
06/18/2025

Price Change

GLVRMLS #756610

$635,000
06/10/2025

Price Change

GLVRMLS #756610

$645,000
06/06/2025

Price Change

GLVRMLS #756610

$639,900
05/19/2025

Withdrawn

GLVRMLS #756616

04/30/2025

Listed (Active)

GLVRMLS #756616

$649,900
04/30/2025

Listed (Active)

GLVRMLS #756610

$649,900
01/05/2023

Closed

GLVRMLS #710595

$405,000
01/05/2023

Listed (Active)

GLVRMLS #710595

$405,000
09/12/2013

Expired

GLVRMLS #437558

$205,000
05/15/2013

Closed

GLVRMLS #447247

$129,000
04/02/2013

Pending

GLVRMLS #447247

03/22/2013

Listed (Active)

GLVRMLS #447247

$129,000
09/12/2012

Listed (Active)

GLVRMLS #437558

$205,000
02/01/2009

Expired

GLVRMLS #315824

$367,900
08/06/2008

Listed (Active)

GLVRMLS #315824

$367,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 858 North 7th Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Washington El School
Public1 to 5

Trexler Middle School
Public6 to 8

William Allen High School
Public9 to 12

Cleveland El School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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858 North 7th Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on April 30, 2025 by Reinvest Real Estate LLC, it's currently listed at $624,900. It has been on the market for a total of 229 days and was last sold on January 5, 2023. This listing's school district is Allentown City School District. Nearby schools include Washington El School, Trexler Middle School and William Allen High School. 858 North 7th Street is a 7-bed, 5-bath, 2,828 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reinvest Real Estate LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.