Under Contract

MLS: #PALH2015224, Listed By: james Reardon, eXp Commercial, Source:Bright MLS

135 N 8th Street

ALLENTOWN, PA 18102
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$575,000 $2,424/Mo
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Bed 7

Bed

Bath 0

Bath

Acres0.05

Acre(Lot)

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 opportuni ty 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $575,000

AD Id : 77685638

MLS Id : PALH2015224

Beds : 7

Lot Size : 0.05 Acre

Year Built : 1900

County : LEHIGH

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 7

  • Flooring Information

    Ceramic Tile, Vinyl

  • Roofing Information

    Shingle

  • Interior Features

    Roof: Shingle Appliances: Electric Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Cooling: None

  • Building Information

    Year Built: 1900 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 19.00 x 120.00 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2220

  • Listing Price Information

    Listing Price: $575000

  • Tax Information

    Parcel Number: 640701216295-00001 Tax Lot: 042 Tax Year: 2025 Annual Tax: $4029

  • Parking Information

    On Street

  • Location Information

    Direction: Take 7th st to Linden st, make a right onto Linden. Then go to 8th st make a right onto n 8th--go to 135 N 8th WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
347 N 8th Street, Allentown, PA, 18102 $649,900 5 -- 4,320 4,320 SqFt
520 N 7th Street, Allentown, PA, 18102 $474,999 2 -- 2,463 2,463 SqFt
1401 W Pennsylvania Str.., Allentown, PA, 18102 $450,000 3 -- 19,470 19,470 SqFt

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/23/2026 @ 00:48

MLS: PALH2015224 LISTED BY: james Reardon, eXp Commercial 888-397-7352 SOURCE: Bright MLS

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