#754238, Listing Office: Steel City Realty
175 W Tilghman St Allentown City, PA 18102
Property details
About 175 W Tilghman St
(Open House on Saturday, April 5th , from 1 PM to 3 PM) Prime Investment Opportunity in the Heart of Allentown! This well-maintained, high-performing 3-unit property offers immediate cash flow, strong equity potential, and minimal landlord expenses, making it a rare and lucrative find. Ideally located next to the city’s exciting waterfront redevelopment, it provides unbeatable access to major roadways, top-rated dining, entertainment, and both public and private schools. The first unit is a spacious 4-bedroom, 1.5-bath home, rented to a long-term tenant at $1,781/month, while the second unit features a charming 2-bedroom, 1-bath layout, currently leased at $875/month. The third unit, a cozy 1-bedroom, 1-bath apartment, sits above a 1-car garage, renting for $1,150/month, with potential to add even more value by utilizing the garage for extra parking or storage income. With stable, guaranteed rental income from two assisted leases and additional room for rent increases, this low-maintenance, well-situated property is a fantastic opportunity for both seasoned and first-time investors. Don’t miss out on this exceptional investment—it won’t last long!
Highlights
Summary
- MLS Number: 754602
- MLS Name: HIGH
- Office Name: Mamari Realty
- Office Phone: (610) 504-4881
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Last updated on: 4/9/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$389,900
175 W Tilghman St
$4,630
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Sheridan Elementary School
Public District 1-5
0.2 mi
•521 N 2nd St
5
Washington Elementary School
Public District 1-5
0.9 mi
•837 N 9th St
5
Central Elementary School
Public District 1-5
1.0 mi
•829 W Turner St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,370. Typical income of Allentown City, PA residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 175 W Tilghman St
This home is located at 175 W Tilghman St in Allentown City, PA and zip code 18102 in the 6th Ward neighborhood. This 3,246 square foot home, which was built in 1952, sits on a 0.06 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $389,900.
Over 38 listings were sold over their listed price in March 2025 in Allentown City, PA. In the same period over 24 listings were sold below the listed price and 24 listings were sold for the listed price. Between February and March 2025, Allentown City, PA real estate market has seen decrease in the number of listings by 1.1%. The median list price of listings available in March 2025 was $294,055, while the average time on the real estate market was 28 days.