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Located in Allentown's Old Fairgrounds Historic District, 407 N 5th Street is a 2-bedroom (possible 3), 1.5-bath end-unit rowhome offering 1,400+ sq ft of space and a solid layout. Priced well below market value, this property is in need of full cosmetic renovation, including flooring, paint, ceiling and wall repair, kitchen and bath updates, and general clean-out. Ideal for experienced investors or buyers looking for sweat equity. The home features a large eat-in kitchen, separate dining and living rooms, first-floor laundry, and a bonus room for office or storage. A fenced backyard, covered rear patio, and full basement add to the usability. Recent improvements include some updated windows, newer exterior door, and upgraded electric panel. Comparable renovated homes in the area have sold between $190,000-$220,000, making this a promising ARV opportunity. Property is being sold as-is.
| DAYS ON MARKET | 4 | LAST UPDATED | 8/7/2025 |
|---|---|---|---|
| TRACT | Old Frgrnds Historic | YEAR BUILT | 1854 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer |
| AREA | Allentown-Central |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Aluminum Siding, Stone Veneer |
| HEAT | Baseboard, Hot Water, Natural Gas, Radiant |
| INTERIOR | Eat-in Kitchen, Storage |
| LOT | 2265 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 20 X 112.5 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Colonial |
| SUBDIVISION | Old Frgrnds Historic |
| TAXES | 1888.7 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Serhant Pennsylvania LLC
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