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Allentown, PA Multifamily Homes & Duplexes for Sale

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  • /7

    $150,000

    • 2,000 Sq Ft

    284 E Hamilton St Unit 1st Fl Business Only, Allentown, PA 18109

    Turnkey business opportunity available for sale. The business is a +/-2,000 SF Vape Shop located on heavily traveled Hanover Ave in Allentown PA. This store uniquely combines a convenience store and vape shop, offering diverse products and services, such as glass pieces, Hookahs, coolers, a POS System, Skill Gaming machines, and much more. Seize this ready-to-go turnkey opportunity with

    Agent Photo

    Ayon Codner

    Keller Williams Allentown

    (855) 625-6032

    284 E Hamilton St Unit 1st Fl Business Only, Allentown, PA 18109
  • /4

    $350,000

    • Studio
    • 2,478 Sq Ft

    944 W Walnut St, Allentown, PA 18102

    Duplex Investment – Fully Occupied & Income-ProducingExcellent opportunity to acquire a fully occupied duplex in a high-demand rental area. This turnkey investment offers immediate cash flow with stable, long-term tenants in place. Located within walking distance to retail, restaurants, and essential amenities, the property boasts strong tenant appeal. Both units are well-maintained, and the area

    Dionne Forrester Keller Williams Realty - Cherry Hill

    944 W Walnut St, Allentown, PA 18102
  • /6

    $420,000

    • Studio
    • 3,190 Sq Ft

    45 N 11th St, Allentown, PA 18101

    Investment Opportunity! Excellent opportunity to acquire a fully occupied triplex in a high-demand rental area. This turnkey investment offers immediate cash flow with stable, long-term tenants already in place. The first-floor unit enjoys exclusive access to the garage, adding additional value and appeal. Located within walking distance to retail, dining, and essential amenities, the property

    Dionne Forrester Keller Williams Realty - Cherry Hill

    45 N 11th St, Allentown, PA 18101
  • /36

    $435,000

    • 2,812 Sq Ft

    348 N 6th St, Allentown, PA 18102

    Fantastic quadraplex featuring three 2 bedroom units with an additional large commercial space that has untapped revenue potential on the first floor. All residential units have updated kitchens and baths. Commercial space was previously converted to an apartment but is not legally a residential space. All units have gas heat, and both gas and electric are metered separately. Tons of potential

    Jeniffer Benner KW Empower

    348 N 6th St, Allentown, PA 18102
  • /50

    $715,000

    • 3,360 Sq Ft

    114 S 8th St, Allentown, PA 18101

    Welcome to this 4 unit apartment building with 15 individual garages, detached from the building. This investment property has two 2 bedroom units and two 1 bedroom units. 3 of the 4 units are currently occupied. The garages are vacant, but should be rented at approximately $125 to $150 per unit. There is a pro forma, uploaded in documents. This is a fantastic Money Maker! Please note, 24 hour

    Jeniffer Benner KW Empower

    114 S 8th St, Allentown, PA 18101
  • /29

    $715,500

    • 6 Beds
    • 6 Baths

    917 W Tilghman St, Allentown, PA 18102

    Exceptional opportunity to own a fully leased 6- unit multifamily property. Whether you're expanding your portfolio or new to the investing market this is a must-see property! Property Features 6 total units 1 One- Bedroom unit, 5 Two-Bedroom units & 1- Two car garage. Separately metered utilities-tenant paid for easy management, low maintenance exterior. Schedule your showing today!

    Kimberly Rosado Keller Williams Allentown

    917 W Tilghman St, Allentown, PA 18102
  • /3

    $299,900

    • 2,400 Sq Ft

    1439 Monroe St, Allentown, PA 18102

    Walking distance to Allentown Fairgrounds and Lehigh Valley 17th street Hospital. Solid brick warehouse / storage building. Multiple doors. Can be split into two areas. Great location.

    Mark Lutz RE/MAX Real Estate

    1439 Monroe St, Allentown, PA 18102
  • /51

    $849,900

    • 5 Beds
    • 4.5 Baths

    349 Hanover Ave Unit 353, Allentown, PA 18109

    Completed at the end of 2023 this completely redone 4 unit building is the pride of East Allentown. This building was stripped to the bones and rebuilt into 4 luxury apartments. Each unit is equipped with hardwood floors, recess lighting, new kitchens, bathrooms and appliances. Each unit has a dishwasher, in unit laundry and mini split heat pumps that serve both heating and cooling. Along with

    Cliff Lewis Coldwell Banker Hearthside

    349 Hanover Ave Unit 353, Allentown, PA 18109
  • /4

    $250,000

    • 3,576 Sq Ft

    38 N 10th St, Allentown, PA 18101

    Potential multi-unit, mixed-use property available less than 1 block from Hamilton Street business district. Being sold as-is.

    Ellen Benner Boutique One Properties LLC

    38 N 10th St, Allentown, PA 18101
  • /20

    $695,000

    • 7 Beds
    • 7 Baths
    • 3,464 Sq Ft

    440 N 9th St, Allentown, PA 18102

    FULLY OCCUPIED! 6 units + 1 garage available in Allentown! 5 units are in the main building. There is a rented garage/carriage house with an additional apartment above (Unit 6). Tenants pay electric and handle lawn care/ snow removal. LL pays water/sewer/trash (A few units are billed back for water/sewer/trash). This building has been well kept and maintained and has a great history of occupancy.

    Jennifer de Jesus Steel City Realty

    440 N 9th St, Allentown, PA 18102
  • /44

    $795,000

    • 6,230 Sq Ft

    2115 Union Blvd, Allentown, PA 18109

    Triple Net Investment opportunity. Tenant in place since 2003! 3 years left on lease (tenant would sign for longer)Minimal landlord responsibility (roof, structure, windows and doors only) Tenant pays for taxes, insurance and CAM. Lifts and most equipment owned by Landlord (inquire for equipment list). High traffic, over 15k vehicles per day. Property consist of a large waiting area, shop with

    Robert Velez KW Commercial - Northampton

    2115 Union Blvd, Allentown, PA 18109
  • /46

    $735,000

    • 11,685 Sq Ft

    2312 S 5th St, Allentown, PA 18103

    36 unit climate controlled self storage facility plus 3 apartments above at an 8.28% cap rate with lots of room for growth in rents. Located on a quiet street of Allentown and right off the bustling 4th street that's full of every retailer. New flat rubber roof over the storage completed 3 years ago. All apartments pay their own heat and cooking utilities. LL pays for water, sewer, insurance and

    Robert Velez KW Commercial - Northampton

    2312 S 5th St, Allentown, PA 18103
  • /12

    $170,000

    • 560 Sq Ft

    849 Jackson St, Allentown, PA 18102

    Newly renovated, centrally located commercial space with ample parking is ready for your next business venture! Clients will enter the glass double doors to the spacious reception area which leads to a kitchenette, restroom, private room with a private entrance, and convenient utility room. This turnkey property is freshly painted and offers a new roof, tile flooring throughout, and

    Yanissa Batista BHHS Regency Real Estate

    849 Jackson St, Allentown, PA 18102
  • /24

    $650,000

    • 3 Beds
    • 4 Baths
    • 2,876 Sq Ft

    1102 Hanover Ave, Allentown, PA 18109

    This free-standing corner commercial building offers a fantastic investment opportunity, featuring a prime location with the established retail business East Side Smoke Shop and two tenant-occupied apartments, generating steady income. The property boasts significant potential for business expansion, either by enlarging the current retail operation or introducing a new business venture in the

    Shannon Milander Weichert Realtors - Allentown

    1102 Hanover Ave, Allentown, PA 18109
  • /20

    $1,295,000

    • 9 Beds
    • 7 Baths
    • 5,604 Sq Ft

    39 N 11th St, Allentown, PA 18101

    Renovated Money Maker Generating $118,380 Gross Income and $101,327. This beautiful, cash-flowing, turnkey, 7-unit multi-family investment property has multiple units completely renovated including NEW Hardwood Flooring, New Kitchens, New Paint, Newer Appliances, New windows in some units, New bathrooms in some units including vanities, and the best part, SEPARATED WATER, so all unities are on

    Joshua Schoenberger EXP Realty LLC

    39 N 11th St, Allentown, PA 18101
  • /40

    $1,395,000

    • 11 Beds
    • 7.5 Baths
    • 6,100 Sq Ft

    827 W Linden St, Allentown, PA 18101

    OWN A CITY BLOCK generating $126,000 Gross Income & LOW expenses giving the lucky buyer a $105,441 NET INCOME. This property would be 10X if in NYC. This stunning, cash-flowing, turnkey, 7-unit investment property has gorgeous curb appeal and has been completely renovated from TOP to Bottom with NEW Hardwood Floors, New PEX plumbing, NEW Kitchens with new cabinets and mostly stainless steel

    Joshua Schoenberger EXP Realty LLC

    827 W Linden St, Allentown, PA 18101
  • /42

    $324,900

    • 3 Beds
    • 2 Baths
    • 1,644 Sq Ft

    736 N 19th St, Allentown, PA 18104

    Spectacular and Beautiful 2-unit in a very desirable Location in Allentown, perfect for First Time Buyer/Investor. Roof was re-placed in 2013, Both Units were updated and are in Great Condition.There are some very exciting Features as of follows: Gas Furnace installed in 2011,All Gas Lines were replaced in 2021, Bathrooms were updated 2022, Hardwood Floors were re-done in 2019, Gorgeous Outdoor

    Maxine Foster Keller Williams Real Estate - Stroudsburg

    736 N 19th St, Allentown, PA 18104
  • /60

    $525,000

    • 5 Beds
    • 5 Baths
    • 2,392 Sq Ft

    102 S 13th St, Allentown, PA 18102

    Prime Value-Add Opportunity: 5-Unit Investment Property in AllentownUnlock the potential of this well-located 5-unit property in the heart of Allentown. Perfect for investors seeking to add value, this property offers significant upside through renovations and strategic management. With strong rental demand in the area, it’s an ideal asset to enhance your portfolio. All units are 1

    Jennifer de Jesus Steel City Realty

    102 S 13th St, Allentown, PA 18102
  • /27

    $299,999

    • 3 Beds
    • 1.5 Baths
    • 1,514 Sq Ft

    2514-2516 Tilghman St, Allentown, PA 18104

    OPEN HOUSE-November 3rd from 2-5. Welcome to a charming 3 bed/1.5 bath in a quiet neighborhood. Recently updated with new ceilings, lighting fixtures, appliances, heating and cooling systems - this is sure to please both family and friends with spacious rooms and comfortable amenities. In the proximity are commuting paths, tiers of education, shopping areas, houses of worship and recreational

    Ella Santiago E-Realty Services - Pocono Summit

    2514-2516 Tilghman St, Allentown, PA 18104
  • /2

    $320,000

    • 1,140 Sq Ft

    809 W Tilghman St, Allentown, PA 18102

    Great Investment Opportunity in Center city Allentown whether you're a first time investor or a seasoned investor looking to add to your portfolio. This well-maintained, fully occupied investment offers great income with the potential for more. The first floor unit is a 1 bedroom with a finished basement which includes a washer/dryer. The 2nd floor unit is a potential 3 bedroom with a balcony.

    Kemba George NZO Realty

    809 W Tilghman St, Allentown, PA 18102
  • /15

    $1,399,999

    • 20,042 Sq Ft

    730 W Hamilton St, Allentown, PA 18101

    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

    Andrew Ginsburg BHHS Regency Real Estate

    730 W Hamilton St, Allentown, PA 18101
  • /21

    $475,000

    • 3,712 Sq Ft

    1120 W Linden St, Allentown, PA 18102

    This commercial property is back on the market! Featuring a bakery on the first floor and a leased residential unit on the second floor, it offers a solid 11% capitalization rate. The first-floor bakery tenant is secured with a 5-year lease, while the second-floor residential unit is leased for 1 year. Both tenants are responsible for their own utilities. With reliable tenants and consistent cash

    Carmen E. LaJas Signature Lux Realty

    1120 W Linden St, Allentown, PA 18102
  • /8

    $570,000

    • 4,120 Sq Ft

    701 N Jordan St, Allentown, PA 18102

    Introducing 701 N Jordan St, Allentown, PA 18102 - An Exceptional Investment Opportunity! This remarkable property offers the perfect blend of commercial and residential spaces, presenting a unique chance for savvy investors. Boasting a prime location in the heart of Allentown, this 5-unit building showcases a store, bar, and three spacious apartments, ensuring a diverse and lucrative income

    Juan Morales HomeStarr Realty

    701 N Jordan St, Allentown, PA 18102
  • /4

    $1,190,000

    • 15,729 Sq Ft

    157 Hamilton St, Allentown, PA 18101

    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

    Andrew Ginsburg BHHS Regency Real Estate

    157 Hamilton St, Allentown, PA 18101
  • /4

    $129,900

    • 2,115 Sq Ft

    454 W Liberty St, Allentown, PA 18102

    Great restoration opportunity to own the former location of the End Zone bar/restaurant. Buyer to check with City of Allentown zoning about continuing the use or a possible conversion. Land use type on tax record is Bar Or Taproom Includes Country Style Hotel. Property also features large garage/warehouse on the lower level. This property is a must see!

    Andrew Ginsburg BHHS Regency Real Estate

    454 W Liberty St, Allentown, PA 18102
  • /21

    $1,895,000

    • 7 Beds
    • 11 Baths
    • 7,335 Sq Ft

    101 N 8th St, Allentown, PA 18101

    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

    Andrew Ginsburg BHHS Regency Real Estate

    101 N 8th St, Allentown, PA 18101
  • /14

    $799,900

    • 10,021 Sq Ft

    625 Hamilton St, Allentown, PA 18101

    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

    Andrew Ginsburg BHHS Regency Real Estate

    625 Hamilton St, Allentown, PA 18101
  • /20

    $2,449,000

    • 17 Beds
    • 14 Baths
    • 12,214 Sq Ft

    134 N 7th St, Allentown, PA 18101

    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 what’s existing and raise

    Andrew Ginsburg BHHS Regency Real Estate

    134 N 7th St, Allentown, PA 18101
  • /9

    $1,250,000 New Construction

    • Studio
    • 5,928 Sq Ft

    740 Blue Heron Dr, Allentown, PA 18103

    NEW CONSTRUCTION - JUST COMPLETED: This well crafted 4-Plex structure (740, 742, 744 and 746 Blue Heron Drive; separately deeded) consists of four individual 1,482 square foot, colonial townhouses located in the Reserve at Trout Creek. Each of these well-appointed homes possess an inviting floor plan of 3 bedrooms and 2½ bathrooms, boasting first floor 9’ ceilings and wide plank resilient vinyl

    Ron Paules Iron Valley Real Estate of Lehigh Valley

    740 Blue Heron Dr, Allentown, PA 18103

About Allentown

With more than 125,000 residents, Allentown is the third-largest city in Pennsylvania. It combines a small historic city feel with metropolis-like access to travel, industry and education. Allentown is also located right on the Lehigh River, which offers ample opportunity to take in the natural beauty of the greater Lehigh Valley region.

Probably best known as the subject of Billy Joe’s 1982 hit song "Allentown," about a Rust Belt city that lost many of its manufacturing jobs in the ’80s, Allentown has become emblematic of the grit of the Ame ...

Home Trends in Allentown, PA

Home Trends

Median Price (12 Mo)
$304,500
Median Single Family Price
$340,000
Median Townhouse Price
$230,000
Median 2 Bedroom Price
$267,500
Median 1 Bedroom Price
$180,500
Average Price Per Sq Ft
$177
Number of Homes for Sale
107
Last 12 months Home Sales
1,754
Months of Supply
0.70
Median List Price
$299,900
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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