Allentown Homes under $200,000

Welcome to Allentown, Pennsylvania – a vibrant city nestled in the heart of Lehigh County, where rich history meets modern convenience. Known for its diverse culture, Allentown boasts a thriving arts scene, beautiful parks, and a variety of dining options that cater to every palate. With its strategic location just 90 miles north of Philadelphia and a short drive to the Pocono Mountains, Allentown offers residents the perfect blend of urban living and outdoor adventure.

For those looking to plant roots in this charming city, Allentown presents an exciting opportunity with homes available for under $200,000. This price point opens the door to a variety of options, from quaint single-family homes to cozy townhouses, making it an ideal choice for first-time homebuyers, families, or anyone looking to downsize.

Imagine settling into a historic neighborhood lined with tree-shaded streets, where community spirit thrives and neighbors are always ready to lend a hand. With affordable housing options, you can enjoy the benefits of homeownership without breaking the bank. Picture yourself enjoying weekend strolls in Cedar Beach Park or exploring the local farmers' market, all while knowing you’ve made a smart investment in a growing community.

Allentown is not just a place to live; it’s a place to thrive. With its affordable homes and welcoming atmosphere, now is the perfect time to explore what this dynamic city has to offer. Discover your dream home in Allentown today, and be part of a community that celebrates both tradition and progress!

Newest Allentown Homes under $200,000

$199,950

3 Beds ⋅ 1 Baths ⋅ 785911 MLS

Welcome to this 3-bedroom brick twin home located in Allentown, conveniently situated across the street from a school. The first floor features a comfortable living room and kitchen with attractive vinyl plank flooring. The second floor offers a bedroom, full bathroom, and access to a balcony. The third floor provides two additional bedrooms, offering plenty of space and flexibility. Outside, enjoy a fenced-in backyard perfect for relaxing or entertaining. Conveniently located near shopping, restaurants, and major roadways. Schedule your showing today!

230 N Nagle St, Allentown

$189,000

4 Beds ⋅ 2 Baths ⋅ 786052 MLS

Welcome to this charming brick home in historic downtown Allentown! Featuring 4 bedrooms and 2 bathrooms, this freshly painted home offers new vinyl flooring and separate living and dining rooms. The new kitchen features tile flooring and new appliances, while the updated bathrooms on the second floor add a fresh, modern touch. Newer gas heat and gas hot water provide added value. Very low property taxes make this an excellent opportunity for a first-time homebuyer or an investor looking to expand a rental portfolio. Conveniently located near downtown attractions, dining, shopping, and major highways. Schedule your showing today!

118 N Poplar St, Allentown

$179,900

4 Beds ⋅ 2 Baths ⋅ 786016 MLS

Welcome to 516 N. Law Street! This home features fresh paint throughout, new tile carpeting in the second- and third-floor bedrooms. Both bathrooms have been refreshed with new vanities, and the upstairs bathroom also features a new toilet. The kitchen has been enhanced with newer cabinetry, adding a fresh touch to the space. With updates throughout and plenty of potential, this home is a wonderful opportunity for buyers looking to make it their own. Come see all it has to offer! Property has a Clear CO from the city of Allentown.

516 N Law St, Allentown

$165,000

4 Beds ⋅ 1 Baths ⋅ 785826 MLS

Investment Opportunity or First-Time Homebuyer Gem in Allentown! This 4-bedroom, 1-bath home offers an excellent opportunity for an investor or a buyer looking to build equity in the Lehigh Valley. The property is currently tenant occupied on a month-to-month lease, with tenants paying $1,500/month plus all utilities, including water, sewer, and trash. Enjoy the added peace of mind of a brand-new porch roof and the benefit of low property taxes. Conveniently located near shopping, restaurants, parks, and major highways, making everyday living and commuting easy. Whether you're looking to add a solid rental property to your portfolio or purchase your first home, this Allentown property is worth a closer look!

225 N 2nd St, Allentown

$179,900

3 Beds ⋅ 1 Baths ⋅ 784990 MLS

Welcome to 216 N Railroad St, a conveniently located Allentown property offering an excellent opportunity for an owner-occupant, investor, or buyer looking to add value. Ideally situated near local amenities, shopping, dining, and major roadways, this property provides easy access to everything the area has to offer. With its convenient location and potential, this is an opportunity worth exploring.

216 N Railroad St, Allentown

$189,999

3 Beds ⋅ 1 Baths ⋅ 785645 MLS

Welcome home to this beautifully reimagined, fully renovated 3-bedroom townhouse situated right at the fringe of vibrant Center City Allentown! Absolutely everything has been updated, offering you a true turnkey experience where you can move right in and start living. The sleek, multi-level layout features a bright and highly functional main living area designed to maximize modern space and comfort. Upstairs, you will find three generous bedrooms, perfect for an active household, guest quarters, or a dedicated remote workspace. Complete with top-tier finishes and low-maintenance living, this home blends classic historic charm with the peace of mind of brand-new updates. Boasting an exceptional walk score, you are just steps away from local neighborhood schools, dining, shopping, and downtown entertainment. Don't miss out on this incredible opportunity to own a worry-free, fully renovated home in a highly connected location—schedule your private tour today!

411 Gordon St, Allentown

$149,000

4 Beds ⋅ 1 Baths ⋅ 785232 MLS

ATTENTION INVESTORS! Looking for a value add property a project......look no more! This FOUR Bedroom Row is a clean slate to add your finishing touches. Home has freshly painted walls and flooring has all been removed and ready for your finishes. Old kitchen has been removed- so bring your imagination and design your own. Home is being sold "as is" and Buyer will be responsible for completing the city of Allentown CO.

538 N New St, Allentown

$75,000

3 Beds ⋅ 1 Baths ⋅ 785579 MLS

Ready to move in, large shed, new bathroom, new kitchen counters, new plumbing. Washer / Dryer both stay with the sale.

1190 Grange Rd Unit O4, Allentown

$155,500

3 Beds ⋅ 1 Baths ⋅ 785358 MLS

Welcome home to this Row home in the heart of Old Allentown! This 3 bedroom, 1 bath, living room, formal dining room and expandable heated third floor investment property; offering the perfect opportunity for an investor or owner-occupant alike. Step inside to large living room, an eat-in kitchen with updated appliances and a breakfast nook. In one of Allentown's most desirable neighborhoods; a rare find in today's market. The home is being sold in as is condition. Buyer will be required to obtain a clear City of Allentown certificate of occupancy after closing. Rear deck is in need of some major repairs. Third floor, floor to ceiling height is 5' 6". Seller requests no escalation clause when submitting an offer.

507 W Gordon St, Allentown

$164,900

3 Beds ⋅ 1 Baths ⋅ 784405 MLS

Welcome home to this recently updated brick row home in the heart of Old Allentown! This 3 bedroom, 1 bath investment property blends historic charm with move-in-ready updates; offering the perfect opportunity for an investor or owner-occupant alike. Step inside to beautiful hardwood floors throughout, an eat-in kitchen, and a bright, recently painted interior that feels crisp and clean from top to bottom. Currently tenant-occupied, this property offers immediate rental income in one of Allentown's most desirable neighborhoods; a rare find with strong cap rate potential. The home is being sold with a clear City of Allentown certificate of occupancy. Schedule your showing today and see why this charming townhome is the perfect place to call home!

318 N Fountain St, Allentown

$169,900

3 Beds ⋅ 1 Baths ⋅ 784222 MLS

Welcome to 395 W Allen Street in Allentown. This 3-bedroom, 1-bath row home offers a functional layout and an affordable opportunity for a buyer looking to make a home their own or an investor looking to add to their portfolio. The property provides a comfortable amount of living space with three bedrooms, a full bathroom, kitchen, and living areas. Conveniently located near local shopping, restaurants, public transportation, and major roadways. The home offers potential for additional improvements and updates over time, allowing the next owner to add their own touches. Whether you're looking for a primary residence or an investment opportunity, this property is worth considering at its price point. Property is also currently being offered for rent — see MLS #784404 for additional rental information.

395 W Allen St, Allentown

$200,000

3 Beds ⋅ 1 Baths ⋅ 784342 MLS

Welcome to 832 Chestnut Street! This spacious 3-bedroom, 1-bath townhouse offers comfortable living in a convenient Allentown location. The home features a functional layout with bright living spaces, hardwood flooring, and plenty of room to make it your own. Off-street parking is an added bonus in the city. Conveniently located just minutes from Downtown Allentown, with easy access to major roads, shopping, restaurants, schools, parks, public transportation, and everything the city has to offer. Whether you're a first-time homebuyer, looking for an affordable place to call home, or an investor seeking an excellent opportunity, this property is worth a look. Schedule your showing today!

832 Chestnut St, Allentown

Start Your Search

The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.

Allentown Homes under $200,000

Newest Allentown Homes under $200,000

How much is your home worth?

How much is your home worth?