438 N 7th St, Allentown, PA, 18102
About This Home
Value-Add Mixed-Use Opportunity – Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. • Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage—ideal for an owner-occupant or to maximize rental income. • Unit 2: One-bedroom studio apartment, perfect for consistent rental income. • Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.
Getting Around
Walker's Paradise
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1843
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Ceiling Fan(s)
Interior Area
- Total interior livable area: 2,878 sqft
Property
Details
- Parcel number: 549792978241 1
- Zoning: B1/R
- Special condition: None
Features
- Stories: 3
Lot
- Lot size: 4,660 sqft
Parking
- Total spaces: 3
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
- Winter Weather
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,427 | $29,124 |
| Home Insurance * | $266 | $3,192 |
| Property Taxes | $568 | $6,816 |
| Electricity | $315 | $3,789 |
| Total | $3,576 | $42,912 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Price change | $480,000 |
| 2025-08-07 | Listed for sale | $502,000 |
| 2019-12-11 | Sold | $135,000 |
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