Allentown PA Multi Family for Sale
- Type:
- Investment
- Sq.Ft.:
- 1,322
- Status:
- NEW LISTING
- Beds:
- 2
- Lot size:
- 0.04 Acres
- Year built:
- 1923
- Baths:
- 2.00
- MLS#:
- 750698
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
This all brick 2 unit property is waiting for you to add it to your portfolio if you are an investor or you have the option to live in one and rent to other! Each unit has one bedroom, one bathroom, laundry and electric baseboard heat. Apartment on the second floor, lease ends in May and the 1st floor is month to month. 1st floor pays $1,100 and includes the detached one car garage, second floor pays $725. Rents can be raised if you are looking to have them both rented for additional income. The property has low maintenance and is great to live in or keep it rented. Make your appointment today!
- Type:
- Investment
- Sq.Ft.:
- 2,008
- Status:
- NEW LISTING
- Beds:
- 3
- Lot size:
- 0.04 Acres
- Year built:
- 1890
- Baths:
- 2.00
- MLS#:
- 750519
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
HIGHEST AND BEST BY WED 1/8/25 at 5PM. Opportunity awaits with this expansive two family property offering over 2,000 square feet of living space. Both units are vacant, giving you total flexibility to renovate or reconfigure before leasing or moving in. A single electrical meter and central furnace and water heater currently provide utilities for both units, but thereâ??s ample potential to separate services if desired. The property is in good condition yet is sold as is, inviting you to bring your personal touches or upgrades. With its generously sized units and blank-slate status, this home offers a prime canvas for your investment or owner-occupant vision. Donâ??t miss out on this rare chance to craft a customized two-family residence that meets your exact needs!
- Type:
- Investment
- Sq.Ft.:
- 2,392
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- 5.00
- MLS#:
- 750006
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Prime Value-Add Opportunity: 5-Unit Investment Property in Allentown Unlock the potential of this well-located 5-unit property in the heart of Allentown. Perfect for investors seeking to add value, this property offers significant upside through renovations and strategic management. With strong rental demand in the area, itâ??s an ideal asset to enhance your portfolio. All units are 1 bedrooms. LL pays water/sewer/gas. Much of the trash has been turned over to tenats to pay and some units have been put on RUBS billing further solidiying the postive cash flow position on this asset.
$299,999
524 LUMBER Allentown City, PA 18102
- Type:
- Investment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1882
- Baths:
- 3.00
- MLS#:
- 749917
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Come see this restored 2-unit investment property in the heart of Allentown. The primary residence has first floor master bedroom and open concept living, dining room and kitchen. The 2nd floor has a shared bathroom with 2 bedrooms and washer and dryer hook up. The attic was converted to a spacious bedroom. The detached studio faces Nagle street. It has a petite kitchen with a comfortable dining and living room setup. The unit and has its own partial basement. Good income producing property. Schedule your showings today
- Type:
- Investment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1925
- Baths:
- 5.00
- MLS#:
- 749320
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
A fantastic Investment Opportunity in the Heart of Center City Allentown! This all-brick, 4-unit building offers incredible potential with three fully renovated residential units and one versatile commercial space, each with its own private entrance. All units have been fully remodeled, featuring new flooring, fresh paint, and updated kitchens and bathrooms. Additional features include a garage also rented. Utilities are separately metered, with the owner responsible only for water. Situated on a corner lot, this property boasts: Strong income potential, low maintenance requirements, an unbeatable location close to businesses, restaurants, and major highways. Donâ??t miss out on this rare opportunity to own a high-performing property in a vibrant, growing area!
- Type:
- Investment
- Sq.Ft.:
- 5,181
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.25 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 749531
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
TRULY UNIQUE TURN OF THE CENTURY GRAND WEST END HOME located on landmark corner of 15th and Hamilton Street. Almost 5200 square feet of living space on 3 floors. 50x230 ft deep corner lot with detached 2 car garage offers lots of possibilities. Wrap around porch- double door entry vestibule with original leaded glass windows set the tone of the wonderful period details of this property- hardwood floors, pocket doors, great woodwork and numerous built-ins throughout. Full baths on each floor- MASTER CHEF'S Kitchen with dual gas ranges, 3 sinks and prep area, heated slate floors, granite countertops, artistic whimsical backsplash, butlers pantry- first floor laundry hookup. Front and back staircases. CALL FOR YOUR PRIVATE SHOWING!
- Type:
- Investment
- Sq.Ft.:
- 1,950
- Status:
- Active
- Beds:
- 3
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- 748260
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
ATTENTION INVESTORS! FULLY OCCUPIED TWO UNIT! Property is located close to major highways, shopping and restaurants. New windows throughout. Current rents are to market but leases are month to month and room to asset manage or househack. Property is being sold "as is" and buyer is responsible for City of Allentown CO.
- Type:
- Investment
- Sq.Ft.:
- 1,540
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.05 Acres
- Year built:
- 1880
- Baths:
- 2.00
- MLS#:
- 748476
- Subdivision:
- Old Allentn Historic
ADDITIONAL INFORMATION
Calling all First Time Buyers & Investors ! Huge well maintained 4 Bedroom Brick Row Home in Center City Allentown. The Roof is 10 years old / Economical Gas heat with a great working & maintained Furnace ! Basement has a recently been remodeled with a full bathroom ! Huge Rooms and plenty of closet space! Property needs a little cosmetic TLC. Can be converted into a 2 Unit, ( Double Check with Zoning Office) Zoned for Medium - High Residential. Feel free to reach out with any questions or concerns.
- Type:
- Investment
- Sq.Ft.:
- 1,472
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.06 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 748356
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Move in Ready!! Twin Home in Allentown city with nice lot and 2-off street parking. The unique layout make it easy to convert this property into 2-Units **check with Allentown city zoning office** This property already passed city inspection and Clear CO on file. This home features 4 Bedrooms, 2 Full Baths. Well maintained home and all around upgrades. Nice back yard, Large bedrooms, Large living room/dining room. Efficient Gas Heat and LOW TAXES (Just $1,616/year) making this home for low cost of living. . Located blocks from convenience stores and community parks. Schedule your private showing today. Bring offers!! Motivated Seller.
- Type:
- Investment
- Sq.Ft.:
- 2,404
- Status:
- Active
- Beds:
- 5
- Year built:
- 1905
- Baths:
- 5.00
- MLS#:
- 748083
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential! Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces. Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy. High Demand Rental Market: Allentown is growing, and thereâ??s an increasing need for affordable housing options. Shared rooms appeal to young professionals and students looking for budget-friendly living, creating a consistent tenant pipeline. Efficient Management and Turnover: This propertyâ??s setup allows for efficient management and faster tenant turnover in shared rooms, making it easier to maintain high occupancy levels. Value-Add Potential: Minor upgrades could boost rents and enhance property value. Strong Market Fundamentals: Allentownâ??s job growth and revitalization create a high-demand rental market, perfect for a stable tenant base. This is an excellent opportunity to own an income-generating property that benefits from Allentown's rental demand trends and offers versatile leasing options for high returns.
- Type:
- Investment
- Sq.Ft.:
- 1,938
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- 747133
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Discover your next investment opportunity in the vibrant heart of Allentown City! This well maintained 2-unit apartment-style property offers an unbeatable combination of location, character, and income potential. Nestled conveniently close to major attractions and businesses, this property is ideal for both new and seasoned investors looking to expand their portfolio. Both units are currently leased with long-term tenants in place, yielding immediate cash flow to the new owner. Thoughtfully updated and exceptionally well-maintained. The property has gone through the City of Allentown Housing Rehabilitation Departments Healthy Home Hazard Inspection and repairs were completed in May of 2022.
- Type:
- Investment
- Sq.Ft.:
- 3,876
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1885
- Baths:
- MLS#:
- 747103
- Subdivision:
- Old Allentn Historic
ADDITIONAL INFORMATION
Welcome to this 4-unit mixed-use Investment Property. The 3 residential units are fully occupied and consist of two, 1BR units that are above the commercial space at 401 N 8th, and a 4BR SFH at 403 N 8th St, all on one parcel. The commercial space is undergoing final renovations and has a tenant lined up for January 2025, making this a prime turnkey investment for someone to begin investing or expand on their current portfolio. Minimal expenses and a high demand location make this property an opportunity to invest in Allentown's thriving rental market.
- Type:
- Investment
- Sq.Ft.:
- 986
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.02 Acres
- Year built:
- 1900
- Baths:
- 1.00
- MLS#:
- 747930
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Want to be a Real Estate investor? Here is a great opportunity to own a 3 Bedroom 1 Bath Allentown Row home that is waiting for the right buyer. Great rental property and money maker that is currently rented for $1445/Month. Minutes from major highways. This property is a must see!
- Type:
- Investment
- Sq.Ft.:
- 2,450
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.04 Acres
- Year built:
- 1911
- Baths:
- 2.00
- MLS#:
- 747314
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Turnkey 2 Unit fully occupied with leases running thru June 2025. 1 BR on 1st floor. 3 BR on 2nd/3rd floor. Tenants pay their own electric, including heat, water, and sewer. 1st floor tenant maintains small yard and has use of 1 car garage, plus use of basement with finished room. Each unit has access to it's own washer and dryer. Clean with Long Term Tenants. Brick exterior with no maintenance trim. Private entrances for each tenant. Well maintained.
- Type:
- Investment
- Sq.Ft.:
- 1,140
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1893
- Baths:
- MLS#:
- 747219
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Great Investment Opportunity in Center city Allentown whether you're a first time investor or a seasoned investor looking to add to your portfolio. This well-maintained, fully occupied investment offers great income with the potential for more. The first floor unit is a 1 bedroom with a finished basement which includes a washer/dryer. The 2nd floor unit is a potential 3 bedroom with a balcony. Tenants pay their own gas heat and electric. Both tenants are month to month and rents are currently below market, potential net earnings of 30K. Property is being sold with a Clear Certificate of Occupancy from City of Allentown!! Please allow 24 hrs before showings
$350,000
27 N 15TH Allentown City, PA 18102
- Type:
- Investment
- Sq.Ft.:
- 3,225
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.05 Acres
- Year built:
- 1910
- Baths:
- 4.00
- MLS#:
- 747067
- Subdivision:
- West Park Historic
ADDITIONAL INFORMATION
Potential Investor Delight! Old world style home ready to be sold by its loving owners for the last twenty years in Allentown's West Park Historical District!! This house boasts: five bedrooms, beautiful hardwood floors on second floor, and additional kitchen and entrance on 2nd level. Lower level is heated and has a built in bar; 1/2 bath; and washer and dryer. Water heater and furnace are newer. Plus this home has a small outdoor patio to enjoy the outdoors. Whether you are looking to make this your home for a big family or live on one floor and rent the other its perfect for just about anyone.
- Type:
- Investment
- Sq.Ft.:
- 1,174
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.1 Acres
- Year built:
- 1895
- Baths:
- 2.00
- MLS#:
- 745740
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Large TWO BEDROOM TWIN conveniently located to all of Allentown's shopping and restaurants with major highways nearby. Enjoy an updated kitchen with new cabinets and flooring. Extra storage in the rear shed. Property was recently city inspected and approved. Schedule your showing today.
- Type:
- Investment
- Sq.Ft.:
- 1,980
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.03 Acres
- Year built:
- 1915
- Baths:
- 2.00
- MLS#:
- 745109
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Well maintained 2-unit apartment building all brick construction consisting of 1 bedroom first floor apartment with use of the basement and access to nice sized yard and covered front porch. there is a 3-bedroom unit on the 2nd and 3rd floors, both units have been updated and maintained, 3 bedrooms apartment currently vacant and 1st floor rent priced under market value. Wonderful opportunity for investor or live in Owner.
- Type:
- Investment
- Sq.Ft.:
- 1,822
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.02 Acres
- Year built:
- 1905
- Baths:
- 2.00
- MLS#:
- 744534
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
INVESTMENT PROPERTY IN CENTER CITY ALLENTOWN - This 3 Bedroom 1.5 Bath, 3-Story Row Home features an eat-in kitchen with upgraded flooring and a half-bath on the first floor. Second floor hosts three fully carpeted bedrooms with closet space and a modern full bathroom. Venture to the third floor to find a large, bright room, fully carpeted and ready for any use. Long-term Tenant with new 1 YR Lease - Tenant pays all utilities except trash. Sold with clear City of Allentown CO
- Type:
- Investment
- Sq.Ft.:
- 4,120
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1904
- Baths:
- MLS#:
- 736856
- Subdivision:
- Jordan Park
ADDITIONAL INFORMATION
Introducing 701 N Jordan St, Allentown, PA 18102 - An Exceptional Investment Opportunity! This remarkable property offers the perfect blend of commercial and residential spaces, presenting a unique chance for savvy investors. Boasting a prime location in the heart of Allentown, this 5-unit building showcases a store, bar, and three spacious apartments, ensuring a diverse and lucrative income potential. Investors, entrepreneurs, and real estate enthusiasts, don't miss out on this incredible chance to acquire a versatile property that offers multiple streams of income. Embrace the potential for significant returns and become a part of Allentown's thriving business and residential landscape. Act now and seize this rare opportunity! **DO NOT SHOW UP AT THE PROPERTY WITHOUT APPOINTMENT**
- Type:
- Investment
- Sq.Ft.:
- 2,006
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.03 Acres
- Year built:
- 1908
- Baths:
- 3.00
- MLS#:
- 736509
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
ATTENTION INVESTORS! This 100% Occupied THREE UNIT Investment property yields a 9% CAP RATE making this an easy add to your Investment Portfolio! Annual Rent Income is $45,300 Net $38,836 including property taxes. Ease of renting with property location near major highways and walking distance to all that center city has to offer. All utilities are separated so landlord pays water/sewer and owners meter electric only. Schedule your showing today!
$1,099,900
953 W WALNUT Street Allentown City, PA 18102
- Type:
- Investment
- Sq.Ft.:
- 1,086
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1950
- Baths:
- 1.00
- MLS#:
- 735796
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Amazing redevelopment opportunity. 50' x 108' lot in the Neighborhood Improvement Zone (NIZ). B-2 Zoning the limit with no maximum building height and no maximum building coverage. Neighboring lot approved for 34 story building. This lot could be approved for same or potentially even more stories. Existing building could be rented until project is ready to build. Steps from the new Maple Street Parking Deck and over 1 Billion Dollars of development including, the new Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, Restaurants, Retail, Nightlife, and so much more.
- Type:
- Investment
- Sq.Ft.:
- 2,115
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 730451
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Great restoration opportunity to own the former location of the End Zone bar/restaurant. Buyer to check with City of Allentown zoning about continuing the use or a possible conversion. Land use type on tax record is Bar Or Taproom Includes Country Style Hotel. Property also features large garage/warehouse on the lower level. This property is a must see!
- Type:
- Investment
- Sq.Ft.:
- 1,496
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.02 Acres
- Year built:
- 1895
- Baths:
- 1.00
- MLS#:
- 698998
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
ATTENTION INVESTORS! FOUR Bedroom End of Row allowing for lots of natural lighting. Property has nice fenced in yard for privacy. Plenty of storage space for tenants. Easy to rent as property is close to PPL, shopping and major highways. Tenant pays $1485 per month plus all utilities. Great add to your investment portfolio with a 9% CAP rate! Property is being sold as is and buyer is responsible for the pre sale CO. Hurry-this investment won't last!
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Allentown Real Estate
The median home value in Allentown, PA is $241,400. This is lower than the county median home value of $284,100. The national median home value is $338,100. The average price of homes sold in Allentown, PA is $241,400. Approximately 38.51% of Allentown homes are owned, compared to 54.18% rented, while 7.31% are vacant. Allentown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Allentown real estate agent to arrange a tour today!
Allentown, Pennsylvania 18102 has a population of 125,250. Allentown 18102 is less family-centric than the surrounding county with 24.36% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Allentown, Pennsylvania 18102 is $47,703. The median household income for the surrounding county is $69,440 compared to the national median of $69,021. The median age of people living in Allentown 18102 is 31.9 years.
Allentown Weather
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 46.6 inches per year, with 29.2 inches of snow per year.