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535 Elliger St, Allentown, PA, 18102

2beds
1baths
1,176sqft
$149,995
$128price/sqft
$1,242/moest. monthly cost
$49,680/yrincome needed

About This Home

Excellent investment opportunity in Allentown, PA! This well-maintained 2-bedroom, 1-bath property is tenant-occupied with a month-to-month lease generating $1,150 per month, offering immediate rental income with future flexibility. Features a brand-new roof for added peace of mind and reduced maintenance costs. 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

77
WalkingVery Walkable
44
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

4/10
2/10

Construction

Condition

  • Year built: 1903

Materials

  • Construction materials: Brick,Brick Veneer

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,176 sqft

Property

Details

  • Parcel number: 6407148061871
  • Zoning: R-MH
  • Special condition: None

Features

  • Stories: 2

Lot

  • Lot size: 1,045 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 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 $758$9,096
Home Insurance *$83$996
Property Taxes $177$2,124
Electricity $224$2,692
Total$1,242$14,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,582/yr
40% on housing$37,260/yr
45% on housing$33,120/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

$128This 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$139,995
2026-08-11Price change$144,995
2026-08-01Price change$149,995
2026-07-18Listed for sale$159,995
2024-08-27Listing removed$119,999
2024-07-04Pending sale$119,999
2024-06-30Price change$119,999
2024-06-19Listed for sale$129,999
2014-07-21Sold$21,000
2014-06-06Listed for sale$24,900
2011-10-17Listing removed$27,500
2011-10-03Price change$27,500
2011-08-13Price change$472
2011-06-18Price change$30,950
2011-06-09Price change--
2011-05-17Price change$24,150
2011-04-17Price change$25,950
2011-03-17Listed for sale$27,900
2005-11-02Sold$26,000
2003-01-28Sold$35,697

For Sale by Agent

AgentKelvin Diaz
BrokerageAllentown City Realty

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