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242 N Hall St, Allentown, PA, 18102

4beds
1baths
1,200sqft
$169,995
$142price/sqft
$1,378/moest. monthly cost
$55,120/yrincome needed

About This Home

Excellent investment opportunity in Allentown, PA! This well-maintained 4-bedroom, 1-bath property is tenant-occupied with a month-to-month lease generating $1,500 per month, offering immediate rental income with future flexibility. Tenants are responsible for all utilities, including water, sewer, trash, and snow removal, helping maximize your cash flow. Whether you’re looking to expand your portfolio or purchase your first investment property, this is a fantastic income-producing opportunity with strong upside potential. Don’t miss out!

Getting Around

93
WalkingWalker's Paradise
47
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

2/10
2/10
William Allen High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1870

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 1,200 sqft

Property

Details

  • Parcel number: 640701168648001
  • Zoning: R-MH-MEDIUM HIGH DENSITY
  • Special condition: None

Features

  • Stories: 3

Lot

  • Lot size: 1,350 sqft
  • Lot size dimensions: 10 x 115

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage
  • Has garage: Yes

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 WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Lightning
Winter Weather
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 $859$10,308
Home Insurance *$94$1,128
Property Taxes $201$2,412
Electricity $224$2,692
Total$1,378$16,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,245/yr
40% on housing$41,340/yr
45% on housing$36,746/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

$142This listing

vs Other Active Listings

Avg $/sqft

ZIP 18102$120
Lehigh County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 18102$180
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)

Price History

DateEventPrice
2026-08-17Price change$164,995
2026-08-01Price change$169,995
2026-07-19Listed for sale$179,995
2024-08-27Listing removed$149,999
2024-06-30Price change$149,999
2024-06-11Price change$159,999
2024-06-04Listed for sale$179,999
2023-09-24Listing removed--
2023-09-05Listed for rent$1,400
2018-04-05Listing removed$52,900
2018-02-27Price change$52,900
2018-02-12Price change$57,900
2018-01-02Listed for sale$59,900
2017-06-09Listing removed$44,900
2017-05-12Listed for sale$44,900
2016-01-01Listing removed$35,900
2015-11-19Price change$35,900
2015-07-08Listed for sale$49,900
2012-02-10Sold$13,000
2011-11-29Price change$19,900
2011-09-10Listed for sale$29,000
2008-07-22Sold$40,500
2005-10-03Sold$45,000
1999-06-01Sold$16,000

For Sale by Agent

AgentKelvin Diaz
BrokerageAllentown City Realty

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