Exceptional turnkey mixed-use investment opportunity in the heart of Downtown Allentown! This fully renovated building features one highly visible commercial storefront on the main level and three completely modernized residential rental units above, creating multiple streams of income for investors. The residential portion includes one spacious 1-bedroom apartment and two beautifully updated 2-bedroom apartments, each featuring modern kitchens, remodeled bathrooms, luxury vinyl plank flooring, fresh finishes, and vinyl replacement windows. The street-level commercial space offers outstanding corner visibility with excellent exposure for retail, office, or service-based businesses. Originally built in 1885, the property has undergone a complete interior and exterior renovation while maintaining its timeless character. Offering over 4,000 square feet of gross building area with public water, public sewer, and natural gas, this property is ideally located near major highways, shopping, restaurants, and the continued revitalization of Downtown Allentown. Floor plans for each level are included in the listing documents for your convenience. Please inquire for additional information, financials, and rental details. This is an outstanding opportunity to own a fully updated, income-producing investment property with exceptional long-term potential
4 Unit Allentown. - Discover an exceptional opportunity in Old Allentown with this meticulously maintained corner property, ideally situated just three blocks from the vibrant PPL Center. This building presents a unique blend of residential comfort and commercial potential, making it a compelling investment or an ideal location for an owner-operator. The exterior boasts a classic brick and stucco facade, featuring prominent storefront windows that invite street presence and ensure high visibility for any business venture. Inside the commercial space, exposed brick walls and durable tile flooring create a versatile and inviting atmosphere. This multi-unit structure includes three (3) occupied residential apartments, offering immediate income generation. An attached two-car garage provides valuable convenience and additional storage in this urban setting. The property's strategic location ensures easy access to downtown amenities, enhancing its appeal for both residents and customers. This well-preserved building offers a rare chance to own a piece of Allentown's historic charm with modern functionality.
4 unit Allentown - Discover an unparalleled investment opportunity nestled in the vibrant heart of downtown Allentown City. This restored commercial and residential property, comprising 112-114 and 114R N 8th St, offers a unique blend of established businesses and charming living spaces. The street-level features two storefronts/ Ascend to the second floor to find a true gem: a beautifully appointed one-bedroom apartment/ Tucked away through a private courtyard, a spacious rear apartment awaits, offering two or three bedrooms, two full bathrooms, a convenient laundry room, and a serene sunroom. Each unit benefits from its own private entrance, ensuring privacy and ease of access. This exceptional property also boasts a generous two-car, two-story garage, providing invaluable parking and storage solutions in a bustling urban setting. The blend of commercial vitality and comfortable residential living, coupled with its prime location and unique features, makes this property an extraordinary find for the discerning investor or homeowner seeking a dynamic lifestyle.
For sale: three-unit investment property located in Allentown, PA. The second and third floors are currently occupied by long-term tenants, and there are approved plans to create a third three-bedroom apartment in the retail space. This property is situated in a vibrant residential area on Ridge Avenue, just three blocks from the newly constructed Jaindl Enterprise Waterfront mixed-use Class A building. Allentown’s Vision 2030 Initiative includes plans for neighborhood revitalization, making this location a strategic investment opportunity.
Live Upstairs, Work Downstairs – A Rare Mixed-Use Opportunity in Allentown Suburbs! This could be a great investment! Open House - June 14 2026 1 to 3pm. Take advantage of this unique opportunity to own a versatile mixed-use property that allows you to operate your business while enjoying comfortable residential living above. The bright and spacious upper-level ranch-style residence features an open floor plan with generously sized rooms throughout, including 3 bedrooms, a large living room, dining area, and an inviting eat-in kitchen. The kitchen is flooded with natural light from windows on two levels and enhanced by a soaring vaulted ceiling, creating a warm and airy atmosphere. A conveniently located powder room and laundry area are situated just off the kitchen as well as 1 full bathroom. The lower level offers a separate entrance and has been recently updated as professional office space. The layout includes four private offices, a welcoming reception/waiting area, a main office, kitchenette, and powder room. Some office furniture is included, making this an excellent turnkey opportunity for a wide variety of professional uses. Ideally located just off Route 22 and minutes from MacArthur Road, this property provides excellent accessibility and visibility. Situated on a .22-acre corner lot, the property offers paved parking for up to five vehicles. Additional features include: •
Excellent fully occupied mixed-use investment opportunity in the heart of Allentown! This income-producing property features a commercial storefront along with three residential units, offering strong cash flow potential and diversified income streams. The building includes: • Commercial space on the ground level • 1-bedroom apartment on the 1st floor • Spacious 2-bedroom apartment with balcony access on the 1st floor • Top floor 2-bedroom apartment Located in a prime area with strong rental demand and close proximity to downtown Allentown, major routes, shopping, restaurants, and local amenities. Ideal opportunity for investors looking to expand their portfolio with a stabilized asset.
Annual Income: $61,020.00 Net Operating Income (NOI): $48,499.06. Prime Investment Opportunity: Turn-Key 4-Unit 100% occupied Brick Multi-Family in Allentown. Presenting a meticulously maintained, all-brick 4-unit residential building located in the heart of Allentown at 135 N 8th Street. This property offers a robust mix of units and consistent cash flow, making it an ideal addition to a savvy investor's portfolio or a perfect house-hacking opportunity. Right in the heart of the Old Allentown Historic District. Situated just one minute from the vibrant center of Allentown, this property offers a rare combination of historical charm and steady cash flow in one of the city's most sought-after rental corridors.Property Overview This fully occupied multi-family building is a turnkey opportunity for seasoned investors or those looking to expand their portfolio in a high-demand areaFinancial Performance :efficient Expense Ratio: Low owner-paid utilities and well-managed operating costs. Unit Breakdown & Revenue The building features a diverse unit mix to maximize occupancy and appeal to a wide range of tenants. Property Features & Updates Solid Construction: Classic all-brick exterior provides durability and timeless curb appeal with minimal maintenance.Prime Location: Situated in the 18102 zip code, tenants enjoy easy access to downtown Allentown’s amenities, dining, and public transportation.Proven Track Record: Conservative 5% vacancy is already factored into the financial projections, showing a high-performing asset.Investment Summary with a Net Profit of over $48,000 annually, this property stands out as a high-yield asset in a growing market. The heavy lifting has been done—bring your portfolio to the next level with this stable, brick-and-mortar investment.Schedule your private showing today and secure your position in the Allentown rental market. Seller has a lot more properties to sell. 106 N 8th is also listed-1 block away. Looking to expand your portfolio? Like this property all of his properties are fully occupied and all are renovated--not a rug in any of them! Showings will be limited to accomadate tenants. Property will be sold with a cleared CO from the city of Allentown!
1217 W Allen Street offers a compelling opportunity for investors seeking a well-positioned asset in Allentown City. Located near major commuter routes, employment centers, and neighborhood amenities, this property benefits from consistent rental demand and strong occupancy potential. The home features a practical layout with a bright living area, separate dining space, and an modern yet functional kitchen setup. Upstairs, you'll find 3 well-sized bedrooms and a full bath, while additional space on the upper floor allows for flexible configurations—ideal for storage, workspace, or future value-add improvements. Highlights of the property include: A manageable yard area that keeps exterior maintenance streamlined, a covered front entry that enhances curb appeal, a detached garage offering additional parking or storage options. With its central location, adaptable footprint, this property is well-suited for investors pursuing long-term cash flow or portfolio diversification in a high-demand rental market.
This property presents a solid investment opportunity on Allentown’s East Side, offering strong rental potential and long-term value growth. The home features a practical, well-designed layout with comfortable living areas, an updated and functional kitchen, and well-proportioned bedrooms, including a finished attic that adds valuable flexibility for occupants. Recent improvements and efficient mechanical systems support low-maintenance ownership, making the property suitable for immediate occupancy while still allowing room for future value-add enhancements. The exterior offers a manageable yard and off-street parking options, enhancing tenant appeal and ease of upkeep. Whether you're expanding an existing portfolio or making your first investment purchase, this home provides an attractive combination of affordability, rental viability, and long-term upside potential.
Historic Victorian Mixed-Use Gem – West Walnut District, Allentown Meticulously restored Victorian in Allentown’s sought-after West Walnut Historic District, steps from downtown. Features 2 updated residential units plus street-level commercial space (currently a beauty salon). Unit 1: 2BR, new marble bath. Unit 2: spacious duplex with mountain views. Both units offer granite kitchens, new stainless appliances, oak floors, porches, and high ceilings. Restored high tower with white copper detail and mansard slate roof by master artisan. Tower delivers 345° panoramic views of South Mountain & historic landmarks. Built c.1900 by a German immigrant as the city’s first creamery/cheese shop; later an art & design studio tied to Wild Water Kingdom’s early design. Walk to parks, PPL Center, Da Vinci Center, Montessori School, medical centers, shops, and dining. Quiet at night, vibrant by day—ideal for live/work, investment, or owner-occupant. A rare blend of historic character, modern upgrades, and prime location. Ready to go Clear CO in hand
Allentown is located in Pennsylvania. Allentown, Pennsylvania has a population of 125,250. Allentown is less family-centric than the surrounding county with 25.04% 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 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 is 31.9 years.
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.
