#756610, Listing office: Reinvest Real Estate LLC
$345,000 List price
518 W Tilghman St Allentown City, PA 18102
3 beds
3 full
2,141 sqft
0.04 acres
$161 / sqft
Condo
Property details
About 518 W Tilghman St
Turnkey Investment Opportunity in Allentown’s Historic Old Fairgrounds District! This fully occupied, income-producing brick 3 unit offers a strong return and hassle-free ownership in the heart of Allentown. With three well-maintained 1-bedroom units, this property generates $34,620 in gross annual income. Tenants enjoy the convenience of public water/sewer, and the property benefits from efficient gas and electric utilities with RUBS implemented to help manage costs. Key features include: • Solid brick construction and classic 1900 charm • Separate electric meters • Current leases in place through early 2026 • Zoned R-MH in a desirable residential area near transit, dining, and more • Off-street garage included for unit 1 Whether you’re a seasoned investor or just getting started, this is a rare chance to acquire a stabilized asset in a growing rental market. Low property taxes and strong tenant history make this a must-see. Schedule your private showing today—48 hours’ notice preferred.
Highlights
Home typeCondominium
HeatingElectric, Natural Gas
StatusActive
Size2,141 sqft
Lot size0.044 Acres
Year built1900
ParkingDetached, Garage, On Street
MLS #759942
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Detached, Garage, On Street
- Heating: Electric, Natural Gas
- Cooling: None
- List Price: $345,000
- Price/SqFt: $161
- Directions: From 22 - Take Macarthur Rd/145 South to Tilghman, left onto Tilghman, home will be on the righthand side.
- Year Built: 1900
- Stories: 3
- Living Area: 2,141 SqFt
- Lot Size: 0.044 Acres
- MLS Number: 759942
- MLS Name: HIGH
- Office Name: CENTURY 21 Pinnacle
- Office Phone: (610) 691-0535
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Last updated on: 7/2/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
5
Washington Elementary School
Public District 1-5
0.4 mi
•837 N 9th St
4
Sheridan Elementary School
Public District 1-5
0.5 mi
•521 N 2nd St
5
Central Elementary School
Public District 1-5
0.6 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 $22,949. The majority of Allentown City, PA residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
73%
<35k
24%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
34%
Single, with Kids
10%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
13%
12-17 yrs old
27%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Soccer
Where do the neighbors shop?
Burlington
Family Dollar
Forever 21
Where do the neighbors go to eat?
Popeyes
Burger King
Dominos Pizza
What do the neighbors drive?
Dodge
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 518 W Tilghman St
The listing price of 518 W Tilghman St property is $345,000.
The property 518 W Tilghman St is a condo located in Allentown City, Pennsylvania, 18102.
Active Listing: 518 W Tilghman St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 518 W Tilghman St are: Washington Elementary School (GreatSchools Rating 5/10), Sheridan Elementary School (GreatSchools Rating 4/10), Central Elementary School (GreatSchools Rating 5/10), Harrison-Morton Middle School (GreatSchools Rating 3/10), Trexler Middle School (GreatSchools Rating 3/10), Francis D. Raub Middle School (GreatSchools Rating 1/10), Roberto Clemente Charter School (GreatSchools Rating 4/10), Building 21 Allentown (GreatSchools Rating 2/10), Executive Education Academy Charter School (GreatSchools Rating 6/10).
The property at 518 W Tilghman St has 3 bedrooms and 3 bathrooms.
The property 518 W Tilghman St is 2,141 SqFt (source: MLS/tax record).
The year of construction for 518 W Tilghman St is 1900.
This home is located at 518 W Tilghman St in Allentown City, PA and zip code 18102 in the Center City neighborhood. This 2,141 square foot home, which was built in 1900, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $345,000.
Over 77 listings were sold over their listed price in June 2025 in Allentown City, PA. In the same period over 24 listings were sold below the listed price and 33 listings were sold for the listed price. Between May and June 2025, Allentown City, PA real estate market has seen decrease in the number of listings by 2%. While the average time on the market in June 2025 was 18 days, the median list price was $294,000.
From Rocket Homes Real Estate and based on county public records data.