135 N 8th Street Allentown, PA $ 575,000
135 N 8th Street
$ 575,000
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135 N 8th Street

Allentown, PA, 18101
$ 575,000
Bedrooms5 Baths4.0 Sq 2,760

Monthly Estimate*

$ 3,540

135 N 8th Street, Allentown, PA 18101 - Image 1
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Multi-Family Home for sale in Allentown, PA

for $575,000 with 5 bedrooms and 4 full baths. This 2,760 square foot home was built in 1900 on a lot size of 0.051.

Fully occupied four-unit investment property generating $61,020 in gross income and $50,332 in net income. The asset features a diverse unit mix of one studio, two 1-bedroom units, and one 2-bedroom unit, supporting consistent tenant demand and stable cash flow. The property is 100% occupied, providing immediate income from day one. Tenants pay all utilities except water/sewer/trash, keeping landlord expenses low and limited to taxes, insurance, and water/sewer/trash. Located in the heart of the Old Allentown Historic District, the building offers classic brick exterior charm with high ceilings, while the units have been updated to meet modern tenant expectations. The location provides easy access to local dining, entertainment, and ongoing development in downtown Allentown, supporting long-term rental demand. The property will be delivered with a clear Certificate of Occupancy from the City of Allentown, adding confidence for buyers. Showings will be limited to accommodate tenants. Seller is also offering 106 N 8th Street, located just one block away, creating an opportunity for a portfolio purchase. With strong in-place income, low operating expenses, and a prime location, this property is well suited for investors seeking stable cash flow and long-term performance in a high-demand rental market.

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Multi-Family Active

Price

$ 575,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,058

Style

Lot Size

0.051

Year Built

1900

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

775076

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall/Window Unit(s)
Zoning B-2
Construction Materials Brick
Year Built 1900
Stories Count 3
Property Subtype Apartment
Gross Income 61020
County Lehigh
Net Operating Income 50332
Operating Expense 9670
Insurance Expense 1458
Property Type Residential Income
MaintenanceExpense 1220
Subdivision Name Not in Development
Full Baths 4
Status Active
Directions From Route 22 take 7th St (PA-145 S) into Allentown turn left on Tilghman St then right on N 8th St. From I-78 take Lehigh St north connect to Tilghman St west then right on N 8th St. Property is on the right.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 4
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 2220
Tax Annual Amount 4058.01
Electric Expense 360
Fuel Expense 0
Water Sewer Expense 1200
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 125700
Property Sub Type Additional Apartment
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Interior
Total Stories 3
Heating Y/N true
Total Bedrooms 5
Total Baths 4
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Exterior
Parking Features On Street
Water Source Public
Total Parking 7
Lot Size Area 2220
Lot Dimensions 18.5 X 120
Lot Size Acres 0.051
Lot Size Source Public Records
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* Excluded Features
List By
Akinlana Popoola

Listing Agent

Exp Realty Llc

Broker

Affordability Calculator

$3,879
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$338
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4196651 Elementary School
4073866 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$575,000 Listed Price

Map


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135 N 8th Street, Allentown, PA, 18101 is a Multi-Family Home for sale at $575,000 with 2,760 sqft and a lot size of 0.051. 135 N 8th Street has 5 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 18101 which is in Allentown, PA