135 N 8th St, Allentown, PA 18102
Local realty services provided by:Pagoda Realty ERA Powered
135 N 8th St,Allentown, PA 18102
$575,000
- 7 Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: james j reardon
Office: exp commercial
MLS#:PALH2015224
Source:BRIGHTMLS
Price summary
- Price:$575,000
About this home
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!...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:PALH2015224
- Added:89 day(s) ago
- Updated:July 21, 2026 at 07:51 AM
Rooms and interior
- Bedrooms:7
- Flooring:Ceramic Tile, Engineered Wood, Luxury Vinyl Plank
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Architectural Shingle
- Year built:1900
- Lot area:0.05 Acres
- Construction Materials:Brick
- Foundation Description:Brick/Mortar, Concrete Perimeter, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Tax amount:$4,029 (2025)
Parking
- Parking description:On Street
New listings near 135 N 8th St
- New
$249,900Active3 beds 1 baths1,008 sq. ft.245 E Union Street, Allentown City, PA 18109
MLS# 781115Listed by: EXP REALTY LLC - Open Sat, 12 to 2pmNew
$190,000Active3 beds 1 baths1,235 sq. ft.527 N Elliger Street, Allentown City, PA 18102
MLS# 781091Listed by: I-DO REAL ESTATE - New
$339,900Active4 beds 2 baths418 N 22nd St, ALLENTOWN, PA 18104
MLS# PALH2016048Listed by: CENTURY 21 ADVANTAGE GOLD-SOUTHAMPTON - New
$850,000Active5 beds -- baths4,015 sq. ft.449 N 10th St, ALLENTOWN, PA 18102
MLS# PALH2016282Listed by: REAL OF PENNSYLVANIA - New
$210,000Active4 beds 2 baths1,495 sq. ft.180 W Tilghman, Allentown City, PA 18102
MLS# 780996Listed by: IRONVALLEY RE OF LEHIGH VALLEY - New
$347,000Active4 beds 1 baths2,362 sq. ft.2445 W Allen St, ALLENTOWN, PA 18104
MLS# PALH2016254Listed by: BHHS FOX & ROACH-MACUNGIE - New
$225,555Active3 beds 1 baths832 Chestnut, ALLENTOWN, PA 18102
MLS# PALH2016278Listed by: PROGRESSIVE REALTY, INC. - New
$179,995Active4 beds 1 baths1,200 sq. ft.242 N Hall Street, Allentown City, PA 18102
MLS# 781020Listed by: ALLENTOWN CITY REALTY - New
$269,900Active3 beds 2 baths1,316 sq. ft.2949 Ithaca Street, Allentown City, PA 18103
MLS# 780976Listed by: ALLENTOWN CITY REALTY - New
$159,995Active2 beds 1 baths1,176 sq. ft.535 Elliger Street, Allentown City, PA 18102
MLS# 780981Listed by: ALLENTOWN CITY REALTY