The median home value in Allentown, PA is $328,000.
This is
higher 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 $328,000.
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!
This property is a well-maintained 2-unit home within walking distance to downtown Allentown, an area experiencing exciting growth and development. The first-floor unit is a spacious 1-bedroom, 1-bathroom apartment with a large living and dining room, and an updated kitchen. This apartment boasts an open feel and modern touches, making it perfect for tenants or owner-occupants alike. The second-floor unit is a 2-bedroom, 1-bathroom apartment featuring a similarly updated kitchen and a generous living and dining area. Both units are freshly updated with new flooring, giving them a clean, modern look. Impeccably maintained, this property is move-in ready and requires no immediate updates. With options for either owner-occupancy with rental income or dual rental for additional profit, this versatile property offers significant potential. Itâ??s ideal for long-term tenants or could be a lucrative short-term rental option, capitalizing on the appeal of downtown Allentown.
â?? New Opportunity in [Allentown,PA]â?? Perfect for first-time homebuyers or those seeking their first investment property! This charming 4-bedroom, 1-bath home spans 1,508 sq ft, offering ample space and potential.Donâ??t miss out on this chance to own a home that fits your future plans. Whether youâ??re stepping into homeownership or starting your investment journey, this is a must-see! For more details or to schedule a viewing, contact me today!!
The largest site available within the Neighborhood Improvement Zone (NIZ) perfect for major redevelopment project. The entire block adjacent to the PPL tower, this 30,057 SF site includes 7 buildings, fronts on 3 streets and backs up to the parking deck with the potential of a skywalk directly into the deck. While the property currently includes 6 storefronts and 22 apartments, the true value is in redevelopment and taking advantage of the incredible tax incentives of the NIZ. Available are sketch plans for a 9-story mixed-use building Or an 11-story hotel conference center.
Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentownâ??s NIZ opportunity zone, this beautiful building features a gorgeous first floor retail / office space that is currently a salon, 3 upper floor apartments and a 30 car private parking lot. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone.
This 3-bedroom, 1-bath home in Allentown offers a practical layout for your families needs. Clear Co from City The first level, features a living room, dining room, and kitchen with laundry. The Laundry has access to the fenced in rear yard and a enclosed shared walkway with the neighbor. The second Level you will have a full bath and 2 bedrooms. One is a walk-through room The third floor is a finished bedroom The home has a full basement. There is also an additional laundry hookup in the basement. This great home and its convient location to public transportation, stores, conveniency stores, restaurants, etc. Makes it and appealing opportunity for both homeowners and investors. Owned by a PA Real Estate Broker
Location!! Don't miss the prime re-developemnt opportunity! Great opportunity to be part of the downtown Allentown revitalization and own a property in the NIZ (Neighborhood Improvement Zone). This building consists of 4 floors and a full basement. Each floor is approximately 5,000 SF for a total of 20,042 SF above grade and additional approximately 5,000 SF below grade which is mostly finished space. Great building for a Residential Conversion on the 3 upper floors leaving a 5,000 SF commercial space on the first floor 10,000 with the full basement. This building also could be great office building as well as other uses zoning is B-2. Located in the NIZ Improvement Zone and Opportunity Zone and directly in the heart of over 1 Billion Dollars of development. Across the street from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and so much more. This property is a must see!
VIEWING SATURDAY THE 7th. READ IN FULL FOR DETAILS. This is building #3 of a 3-package investment portfolio. This is a rare find for investors as these buildings are some of the last legally grandfathered Rooming Houses in Allentown. This incredible portfolio expansion consists of 21 guest rooms within the 3 buildings. These rooms are consistently filled and most are long-term guests giving the new owner even more possibilities for higher future income. A breakdown of all costs and details is available upon request or from your agents. The other 2 property addresses that are included are 387 West Turner St (MLS #PALH2009718) and 625 W Allen St. (MLS #PALH2009720) There will only be 2 Days/Times to view all 3 buildings. VIEWINGS WILL BE: September 6th Friday and the 7th Saturday. We will be starting at 387 W Turner St... Anyone who would like to walk through the buildings will need to meet at 387 W Turner St. first between 10:30 and 10:55 AM... No exceptions, and no private viewings due to the number of tenant guests. All properties will come with a cleared CO before settlement unless otherwise negotiated. Agents: detailed info and instructions are attached to each MLS listing.
Unique opportunity to acquire a buildable site for a single-family detached home on over 12 acres encompassing the storied Monocacy Creek. The â??heavy liftingâ?? of getting approvals (engineering/legal/PennDot) from both Bath Borough and East Allen Township to assemble this buildable site has been lengthy/costly, but now complete - including perc testing by Borough Sewage Enforcement Officer (SEO) for a new septic system; PennDot approval for new driveway access onto the State road. Public water. Ready for your builder to create a sanctuary that capitalizes on the unique natural beauty/topography of this preserved land, a quick golf cart ride to Whitetail Golf Club up Slate Post/Trickle Creek, and minutes to quaint downtown Bath, within the Northampton School District. Possible for Buyer to retain much of the acreage in Act 319 for favorable/lower property taxes for land preservation. Adjacent to 2 acre classic farmette at 450 N. Chestnut and the new to-be-built luxury home south on 987.
Open house November the 9th Saturday, 1 to 3 pm.Walking Distance to PPL Center - visible from the building! ALL WALK IN DISTANCE- *Da Vinci Science Center Walk in Distance, *PPL Center, 2 blocks -VISIBLE FROM THE BUILDING! *Downtown Allentown Market 3 blocks* Miller Symphony Hall 4 blocks *Arts Park- Walk in Distance, 5 blocks *Allentown Art Museum, * Walk in Distance from NeW Hamilton Grand Plaza Condo( Opening Soon) Walk in Distance *Lehigh Valley Intl. Airport 5 miles , This Expansive building in the heart of downtown Allentown offers incredible potential for developers and investors alike. With a strategic location just steps away from the PPL Center, this property is ideal for a variety of commercial uses. Key Features: Parking Included: Convenient parking in the back, Multiple floors: Open first floor, second floor with multiple office spaces, Versatile space: Spacious basement with usable square footage, Zoned commercial: Perfect for retail, office, or mixed-use development. Historical use: Previously, it was a social club, church, restaurant, and bar! This is a rare opportunity to own a GEM in Allentown's rapidly growing downtown area. Don't miss out on this chance to transform this property into your next successful project. Contact the listing agent today for more details. Zoning information is attached to MLS.
Welcome to this unique and versatile property in the heart of Allentown, PA! This two-unit home offers endless possibilities with a commercial space on the first floor and an apartment upstairs. Located within walking distance to everything Allentown has to offer, you'll never have to go far for dining, shopping, or entertainment. The convenience of off-street parking adds to the appeal of this property. Whether you're looking for an investment opportunity or a place to call home while running a business, this property is ready for its next owner. Property will be delivered vacant at closing. Don't miss out on this rare find in Allentown - schedule your showing today!
+/- 3,000 SF Restaurant and Lounge for lease. The space will be delivered in a v-shell condition with an existing hood system. This building features the ability to do take-out on the first floor, as well as dining and event planning on the second floor. The space also has an outdoor deck for additional seating and entertainment. The building is located one block from significant Development such as (NIZ) Neighborhood Improvement Zone. The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River.
Ready to dive into the vibrant restaurant scene? Hereâs your chance to take over a thriving restaurant right in the bustling heart of Allentown! This opportunity includes all restaurant equipment, making it fully equipped and ready for immediate operation. The prime location, nestled in the center of Allentown, attracts a steady stream of customers and offers plenty of convenient parking for them. Additionally, a delivery van is available and can be negotiated separately from the sale. Note that this sale does not include real estate transfer; instead, it encompasses all restaurant equipment. The existing lease can be transferred to the new owner, subject to the owner's approval. Don't miss out on this fantastic opportunity to own a popular dining spot in a prime location. Serious inquiries only. *******************¿Listo para unirte al mundo de los restaurantes? ¡Aquà tienes la oportunidad de tener un restaurante exitoso en el corazón de Allentown! Esta oferta incluye todo lo que necesitas para empezar a trabajar de inmediato. Está en un lugar genial con mucho estacionamiento. También puedes comprar una van de adomicilio por separado. La venta no incluye el lugar, solo el equip que hay adentro del restaurante. El contrato de alquiler puede pasar a ser tuyo, si el dueño está de acuerdo. No dejes pasar esta oportunidad de tener un restaurante popular en un lugar increÃble. Por favor, solo contacta si estás realmente interesado.
5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, OR an office building OR renderings are available for a mixed-use project with retail first floor, office second floor and 7 to 10 stories of apartments above. The property backs up to an Allentown Authority parking garage. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000
Incredible redevelopment opportunity for a corner building on a large 30â?? x 230â?? lot only 2 blocks from the PPL center in the heart of Allentownâ??s NIZ opportunity zone. This large 3 story building with off street parking may be reconfigured, or an investor or user may consider building a new project to take full advantage of all the benefits the opportunity zone offers. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone.
ATTENTION INVESTORS! SEMI-DETACHED THREE BEDROOM TWIN ready for new Investor! Tenant pays all utilities including water, sewer and trash. Property is being sold "as is" and buyer will assume responsibility for completing City of Allentown CO requirements. Great rate of return on your investment with this monthly rental of $1595 and your tenant paying all utilities.
Here's your chance to be part of the Downtown Allentown Redevelopment!! This 15,729 Sq. Ft. 3 story commercial building is located between both revitalization areas of Allentown - Center City and The Waterfront. 1st floor has 12' ceilinged a freight elevator. 2nd floor has 10.5' ceilings and the 3rd floor has 9' ceilings. Great opportunity for a business owner or investor!. New mural on side of building! This property is a must see!
Seller financing available! Location - it doesn't get any better than this!! This investment opportunity consists of 11 fully renovated units (7) Residential Units and (4) Commercial Units. All units have been fully renovated including all the common areas and exterior. All units have electric heat and air conditioning and electric hot water - all units have separate utilities. Each of the 7 Residential Units have Electric Mini-Splits for heating and cooling, 2 Commercial units have Mini Splits, and 2 have Heat Pumps. All exterior and common areas are monitored by security cameras and internet is included w/ all of the tenants rent. Newly installed laundry room in basement features coin operated washer/dryers. Located in the NIZ Improvement Zone and Opportunity Zone and directly in the heart of over 1 Billion Dollars of development. Across the street from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and so much more. This property is a must see!
Location! Great opportunity to be part of the downtown Allentown revitalization and own a property in the NIZ (Neighborhood Improvement Zone). This opportunity which includes both 623 and 625 Hamilton Street is just steps from the new PPL Arena and surrounded by over 1 Billion Dollars of new development. The rear of the property backs up directly onto the new Arts Walk. Owner has approved plans to add 8 Units to the upper floors. Owner has secured national tenant for 1 of the 4 potential commercial spaces on first floor. National tenant paying $3000/Month. Don't miss the prime re-developemnt opportunity. This property is a must see!
Property sold with Clear CO!! Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 15 Units - 12 Residential Units and 3 commercial spaces. Because of its proximity to the new Downtown development this property is a great opportunity for a developer to demo/repurpose the building or renovate whatâs existing and raise rents. All units have room to renovate and raise rents making it a great value add opportunity. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing 7th Street and which is the main arteries into downtown Allentown. Located steps from the new downtown development which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 134 - 138 N. 7th Street is an excellent long term value add opportunity in the most up and coming area in Allentown. This property is a must see!
Building and lot is now available.
The six level structure boasts the only glass rooftop bar in Allentown. Each floor was elegantly designed utilizing the best finishes available. This restaurant opened as The Cosmopolitan and later transformed into Hook Seafood Restaurant. Cosmopolitan and Hook were ahead of their time in this once struggling city. Those times have certainly changed and this versatile facility is primed to be re-opened as designed or possibly repositioned as a boutique hotel or high end residential project. The resurgence of downtown Allentown has been nationally noticed and applauded, with $1 Billion+ in new development spurred by the creation of the one of a kind Neighborhood Improvement Zone (NIZ) legislation. New office buildings, retail, residential projects, event centers and a world class sports and entertainment arena have pumped life into the downtown again. This gorgeous restaurant/event/catering/conference facility could be your opportunity to become part of the incredible success story!
â?¢ Two-story retail/office building consisting of ±5,300 SF â?¢ Off-street parking lot at rear of building with 10 spaces â?¢ Electric updated in 2018 and 2022; Heating updated 2020 & 2022 â?¢ Building equipped with local alarm system including fire alarm â?¢ Storage area in basement â?¢ Located in City of Allentownâ??s NIZ (Neighborhood Improvement Zone) â?¢ Surrounding area residentially dense with many area amenities including PPL Center just three blocks away â?¢ Accessible via Routes 22, 309, and 222