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518 N New St, Allentown, PA, 18102

3beds
2baths
1,024sqft
$185,000
$181price/sqft
$1,479/moest. monthly cost
$59,160/yrincome needed

About This Home

This single-family row home is currently tenant-occupied at $1,575/month, providing immediate rental income for investors. The tenant pays all utilities, keeping operating expenses low and maximizing cash flow. The property also offers flexibility for a future owner-occupant, making it a great option whether you're looking to expand your portfolio or purchase a home with income potential. A solid opportunity in a strong rental market. The seller owns a portfolio of 9 single-family homes, all available for sale. Please inquire with the listing agent.

Getting Around

84
WalkingVery Walkable
45
TransitSome Transit
51
BikeBikeable

Schools

3/10
2/10
William Allen High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1905

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range,Electric Water Heater,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom

  • Level: Second
  • Dimensions: 12.00 x 10.00

Bedroom

  • Level: Second
  • Dimensions: 11.00 x 9.00

Bedroom

  • Level: Third
  • Dimensions: 20.00 x 10.00

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Dining Area,Eat-in Kitchen
  • Finished area below ground: 0
  • Finished area above ground: 1,024

Half Bath

  • Level: First
  • Dimensions: 5.00 x 4.00

Heating & Cooling

  • Heating features: Electric
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,024 sqft

Kitchen

  • Level: First
  • Dimensions: 14.00 x 12.00

Living Room

  • Level: First
  • Dimensions: 22.00 x 14.00

Other

  • Level: Second
  • Dimensions: 12.00 x 8.00

Property

Details

  • Parcel number: 549782557413 1
  • Zoning: R-MH
  • Special condition: None

Features

  • Levels: Two and One Half
  • Stories: 2

Lot

  • Lot size: 784.08 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: 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
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Winter Weather
Inland Flooding
Strong Wind

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 $935$11,220
Home Insurance *$102$1,224
Property Taxes $218$2,616
Electricity $224$2,692
Total$1,479$17,748
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,708/yr
40% on housing$44,370/yr
45% on housing$39,440/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

$181This 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
2026-03-15Listed for sale$195,000
2024-02-26Listing removed--
2024-01-24Price change$1,550
2023-11-27Listed for rent$1,595
2022-11-30Listing removed--
2022-11-04Listed for rent$1,485
2022-07-25Sold$121,000
2022-05-29Pending sale$125,000
2022-04-15Price change$125,000
2022-03-25Pending sale$120,000
2022-03-16Listed for sale$120,000
2018-09-28Sold$55,000
2018-07-12Listed for sale$69,900
2015-06-26Sold$26,000
2015-05-13Price change$29,900
2015-04-15Listed for sale$33,000
2014-10-31Sold$1,577
2006-07-18Sold$87,900
2005-07-01Sold$35,000

For Sale by Agent

AgentJennifer L. DeJesus
BrokerageSteel City Realty

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