Allentown PA Multi Family for Sale

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Type:
Investment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1915
Baths:
MLS#:
750418
Subdivision:
Not In Development

ADDITIONAL INFORMATION

A unique opportunity, The sale included a three-unit and the retail business, grocery store in a package. It features a well-established grocery store on the first floor, owner-operated for over 40 years, and now available due to retirement. Accompanying units include a two-bedroom apartment and a detached garage. It has a successful operational history spanning decades in south Allentown and a recent city inspection pass in 2023: newer oil boiler (2023) and chimney liners (2023). Owner financing is available. The property is sold in its current state, As-Is. Buyer is responsible for any City Inspection requirementsâ??NO Sign on the property.

Type:
Investment
Sq.Ft.:
5,600
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1910
Baths:
MLS#:
749682
Subdivision:
Not In Development

ADDITIONAL INFORMATION

Great Investment Opportunity! Offering 6 apartment units. Features two 2-bedroom apartments, 4 one-bedroom apartments, and a detached garage. All the units have separate electrical meters. Well-maintained property with recent updates. Convenient location in Allentown with access to amenities and services. Property being sold in â??As Is Conditionâ?? Buyer responsible for any City Inspection requirements. The property is conveniently located near the heart of Allentownâ??s redevelopment shops, restaurants, parks, and major transportation routes. The property is being sold in "As is Condition". The buyer is responsible for CO inspections if needed.

Type:
Investment
Sq.Ft.:
1,664
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1890
Baths:
MLS#:
745742
Subdivision:
Not In Development

ADDITIONAL INFORMATION

ATTENTION INVESTORS! Add this FOUR BEDROOM/ONE BATH Row Home to your portfolio with a 9% CAP Rate! Current Tenant pays $1845 in rent plus all utilities. Home is conveniently located to I-78 access, local hospitals, restaurants and shopping. Low taxes add to your cash flow! Buyer will be responsible for the city of Allentown CO.

Type:
Investment
Sq.Ft.:
44,196
Status:
Active
Beds:
n/a
Lot size:
2.26 Acres
Year built:
1980
Baths:
MLS#:
741679
Subdivision:
Not In Development

ADDITIONAL INFORMATION

Jump on this hot property. Combined 4 story adaptive reuse building for 40 apartments PLUS site for 50 new unit building. Total 90 units in great location in South Allentown just off Lehigh St. close to shopping, Rt. 309 and easy access to everywhere. This is an attention getting location and apartment development site that is a rare offering in the market. This location and newly built apartments will be the site that tenants will be drawn to as the latest hot location in the Lehigh Valley. Great designs on both the adaptive reuse and the new building. Existing structure with new roof limits cost on renovation and plans already done for new building on approved site means this project is ready to go. Act now and take advantage of this great project.

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Andrea D. Conner, License RM425337, Xome Inc., License RB067821, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. Real Estate listings held by brokerage firms other than this broker's Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is 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. Copyright 2025 Greater Lehigh Valley REALTORS® Multiple Listing Service. All Rights Reserved.



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 18103 has a population of 125,250. Allentown 18103 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 18103 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 18103 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.

Allentown Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    60
    30-day change

Allentown Schools and Demographics

Education near Allentown, PA

Metric City County
High School Graduates 80.57 89.69
College Degree - 2 year 7.55 9.45
College Degree - 4 year 17.25 31.46
Graduate Degree 3.8 8.82
Expenditures per Student 19,712 19,712
Students per Teacher 15.1 15.1

Elementary Schools near Allentown, PA

School Grades Students P/T Ratio ZIP
Central Elementary School KG - 05 844 21.6 18102
Harry S Truman Elementary School KG - 05 384 14.8 18103
Hiram W Dodd Elementary School KG - 05 663 18.4 18103
Jefferson Elementary School KG - 05 671 18.6 18103
Lehigh Park Elementary School KG - 05 311 18.3 18103
Lincoln Early Chld Center KG - KG 342 27 18102
Lincoln Elementary School KG - 05 413 17.3 18049
Luis A. Ramos El School KG - 05 878 21.3 18102
Roberto Clemente Elementary Charter SCHO KG - 05 308 19.3 18102
Roosevelt Elementary School KG - 05 700 19.8 18103
Seven Generations Charter School KG - 08 392 10.7 18049
Sheridan Elementary School 01 - 05 685 21 18102
Washington Elementary School 01 - 05 455 20.7 18102
Western Salisbury Elementary School KG - 05 219 12.6 18103

Middle Schools near Allentown, PA

School Grades Students P/T Ratio ZIP
Arts Academy CS 05 - 08 373 13.5 18103
Harrison-Morton Middle School 06 - 08 853 17.8 18101
Salisbury Middle School 06 - 08 365 13.2 18103
South Mountain Middle School 06 - 08 1,017 15.2 18103
Southern Lehigh Middle School 07 - 08 524 11.9 18034
Trexler Middle School 06 - 08 850 16.7 18102

High Schools near Allentown, PA

School Grades Students P/T Ratio ZIP
Emmaus High School 09 - 12 2,645 17.4 18049
Salisbury Senior High School 09 - 12 572 15.2 18103
Southern Lehigh Senior High School 09 - 12 1,045 15.8 18034

Ungraded Schools near Allentown, PA

School Grades Students P/T Ratio ZIP
Roberto Clemente CS 06 - 12 312 14.6 18102

Demographics near Allentown, PA 18103

Metric Zip Code City
Neighborhood Type Suburban
Population 125,250 372,492
Population Density 7,138 1,079
Median Age 31.9 38.8
People per Household 2.7 2.6
Median Household Income 47,703 69,440
Average Income per Capita 22,976 36,301