#758240, Listing Office: Signature Lux Realty
343 N 16th St Allentown City, PA 18102
Property details
About 343 N 16th St
This well-maintained two-family property in Allentown offers the perfect blend of immediate cash flow and future upside. The renovated first-floor unit is occupied by a long-term tenant paying $1,250/month, while the spacious 2-bedroom second-floor unit is vacant and move-in ready—ideal for an owner-occupant or a new tenant. The upstairs unit is now poised to command market rent of approximately $1,650/month. The property features a central boiler (heat paid by landlord), a shared washer and dryer in the basement, and a clear certificate of occupancy in place. Whether you're looking to house hack or expand your rental portfolio, this is a turn-key opportunity with solid fundamentals and value-add potential. Don't miss out on this fantastic opportunity to own a profitable and well-cared-for two-family building. Contact us today to schedule a viewing and make this investment yours! A Minimum of 24 Hour Notice is Required for Showing - Contact Info in Agent Remarks.
Highlights
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 3
- Parking: On Street
- Heating: Natural Gas, Hot Water
- Cooling: Wall/Window Unit(s)
- List Price: $299,900
- Price/SqFt: $186
- Directions: Driving West down Hamilton Street, make a right onto N 17th St, next make a right onto W Gordon St, and the a right onto N 16th St. Property on left
- Year Built: 1915
- Stories: 3
- Living Area: 1,612 SqFt
- Lot Size: 0.036 Acres
- MLS Number: 757199
- MLS Name: HIGH
- Office Name: Spade Property Management Inc.
- Office Phone: (610) 439-8280
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Last updated on: 6/2/2025, 6:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,900
343 N 16th St
$3,561
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Ramos Elementary School
Public District KG-5
0.2 mi
•1430 W Allen St
5
Brigadier General Anna Mae Hays Elementary School
Public District KG-5
0.4 mi
•1227 W Gordon St
4
Union Terrace Elementary School
Public District KG-5
0.7 mi
•1939 W Union 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 $39,722. The majority of Allentown City, PA residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 343 N 16th St
The listing price of 343 N 16th St property is $299,900.
The property 343 N 16th St is a condo located in Allentown City, Pennsylvania, 18102.
Active Listing: 343 N 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 343 N 16th St are: Ramos Elementary School (GreatSchools Rating 4/10), Brigadier General Anna Mae Hays Elementary School (GreatSchools Rating 5/10), Union Terrace Elementary School (GreatSchools Rating 4/10), Trexler Middle School (GreatSchools Rating 3/10), Francis D. Raub Middle School (GreatSchools Rating 1/10), Harrison-Morton Middle School (GreatSchools Rating 3/10), William Allen High School (GreatSchools Rating 2/10), Building 21 Allentown (GreatSchools Rating 2/10), Roberto Clemente Charter School (GreatSchools Rating 4/10).
The property at 343 N 16th St has 3 bedrooms and 2 bathrooms.
The property 343 N 16th St is 1,612 SqFt (source: MLS/tax record).
The year of construction for 343 N 16th St is 1915.
This home is located at 343 N 16th St in Allentown City, PA and zip code 18102 in the West End neighborhood. This 1,612 square foot home, which was built in 1915, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $299,900.
Allentown City, PA housing market in May 2025 saw over 61 listings sold above listed price, more than 17 sold at listed price and over 35 sold below. The number of homes for sale in Allentown City, PA increased by 1.4% between April and May 2025. The median list price of listings available in May 2025 was $293,933, while the average time on the real estate market was 23 days.