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953 W Walnut St, Allentown, PA, 18101

--beds
--baths
1,086sqft
$1,099,900
$1,013price/sqft
$7,592/moest. monthly cost
$303,680/yrincome needed

About This Home

Amazing redevelopment opportunity. 50' x 108' lot in the Neighborhood Improvement Zone (NIZ). B-2 Zoning the limit with no maximum building height and no maximum building coverage. Neighboring lot approved for 34 story building. This lot could be approved for same or potentially even more stories. Existing building currently rented which gives you income during development and until project is ready to build. Steps from the new Maple Street Parking Deck and over 1 Billion Dollars of development including, the new Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, Restaurants, Retail, Nightlife, and so much more.

Getting Around

92
WalkingWalker's Paradise
45
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

3/10
2/10
2/10
William Allen High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 1,086
  • Total interior livable area: 1,086 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,561$66,732
Home Insurance *$506$6,072
Property Taxes $1,301$15,612
Electricity $224$2,692
Total$7,592$91,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$260,297/yr
40% on housing$227,760/yr
45% on housing$202,453/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,013This listing

vs Other Active Listings

Avg $/sqft

ZIP 18101$146
Lehigh County$170

vs Homes Sold Last Month

Median $/sqft

ZIP 18101$166
Lehigh County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-14Listed for sale$1,099,900
2025-02-01Listing removed$1,099,900
2024-04-10Listed for sale$1,099,900

For Sale by Agent

AgentAndrew Ginsburg
BrokerageRegency Real Estate

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