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$519,999

117 Franklin St

Allentown City, PA
Active
4
Bedrooms
4
Bathrooms
0.06
Lot Size (acres)
1905
Year Built
23
Days On Market

Rare opportunity to acquire a unique 4-unit investment property featuring two separate buildings on one parcel in Allentown. The property includes a solid brick multi-unit building plus 118 N Perry St, a separate detached residence on the same parcel creating a rental configuration that is difficult to replicate. Both buildings have been exceptionally well maintained, with recent cosmetic improvements and modern renovations throughout. Four individual units offer functional layouts combining classic character with updated interiors and practical long-term rental use. Conveniently located near Center City and the West Park area, with easy access to hospitals, major employers, restaurants, schools and public transportation. Four units. Two buildings. One parcel. A distinctive Allentown investment opportunity with a configuration that rarely becomes available. Schedule a private showing to experience the property and its investment potential firsthand.

Listing Information

Listing Updated
19 days ago
Listed By
Ignacio E. Patricio · Ignite Realty Group, 4842245662
MLS#
785345
Source
Greater Lehigh Valley REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
117 N Franklin St, Allentown City, PA 18102
City
Allentown City
County
Lehigh
Neighborhood
West Park Historic
Zip Code
18102

Architecture

Bedrooms
4
Bathrooms
4
Stories
3
Year Built
1905
Construction Materials
Brick
Garage Spaces
0

Features & Amenities

Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Heating
Electric

Property Features

Lot Size
0.06 Acres
Water
Public
Sewer
Public Sewer

Square Footage

Total
2,666 sq. ft.

Tax & Financial Information

List Price
$519,999
Annual Taxes
$3,906

Schools

83/100
Washington Elementary School
Elementary · Grades 01–05 · 1 mi
City
Allentown
Students
362
Student–teacher
14.1
Parent reviews
5.0★ avg · 2 reviews
Student body
80% Hispanic / Latino · 9% Two or More Races · 9% Black
Free/reduced lunch
99%
Phone
(484) 765-4941
74/100
Trexler Middle School
Middle · Grades 06–08 · 0.8 mi
City
Allentown
Students
850
Parent reviews
5.0★ avg · 2 reviews
Student body
74% Hispanic / Latino · 12% Black · 7% White
Free/reduced lunch
100%
Phone
(484) 765-4601
68/100
Lincoln Early Children Center
Grades KG–KG · 0.3 mi
City
Allentown
Students
173
Student–teacher
13.3
Student body
73% Hispanic / Latino · 15% Black · 6% White
Free/reduced lunch
100%
Phone
(484) 765-5441
68/100
Cleveland Elementary School
Grades M–M · 0.7 mi
City
Allentown
Students
249
Student–teacher
13.8
Student body
71% Hispanic / Latino · 12% Black · 10% Two or More Races
Free/reduced lunch
100%
Phone
(484) 765-4821
65/100
Bldg 21 Allentown
Grades 09–10 · 1.1 mi
City
Allentown
Students
277
Student–teacher
16.2
Student body
69% Hispanic / Latino · 18% Black · 12% White
Phone
(484) 765-4400
58/100
William Allen High School
High · Grades 09–12 · 0.3 mi
City
Allentown
Students
2,747
Parent reviews
3.3★ avg · 6 reviews
Student body
72% Hispanic / Latino · 17% Black · 10% White
Free/reduced lunch
78%
Phone
(484) 765-5001
55/100
Luis A. Ramos Elementary School
Elementary · Grades KG–05 · 0.4 mi
City
Allentown
Students
699
Student body
78% Hispanic / Latino · 9% Black · 7% Two or More Races
Free/reduced lunch
100%
Phone
(484) 765-4841
55/100
Union Terrace Elementary School
Elementary · Grades PK–05 · 0.6 mi
City
Allentown
Students
658
Student body
71% Hispanic / Latino · 11% Black · 10% Two or More Races
Free/reduced lunch
100%
Phone
(484) 765-5481

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/03/2026Listed for sale$519,999

Listed by Ignacio E. Patricio · Ignite Realty Group · 4842245662

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater Lehigh Valley REALTORS. All rights reserved.

Last Updated: October 6, 2026 at 4:48 PM | Source: Greater Lehigh Valley REALTORS | MLS#: 785345

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