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About This Home

This 5-bedroom, 4-bathroom multi-family at 135 N 8th Street in Allentown City, PA is listed for $575,000 ($208 per sqft). Built in 1900, the home offers 2,760 sqft of living space on a 0.05 acres lot.

Agent Description

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.

Key Features

  • Built in 1900
  • 0.05 acre lot
  • 3 stories
  • 7 parking spaces

Property Details

3 stories
4 full
7 spaces
1900

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

135 N 8th Street

Allentown City, PA 18101

Not in Development

Property Details

Construction

Brick

Parking

On Street

Heating

Baseboard

Cooling

Window Unit(s)

Questions & Answers

This 5-bedroom, 4-bathroom multi-family at 135 N 8th Street is listed at $575,000 ($208/sqft). The estimated monthly payment is $2,492 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.05 acre lot, 3 stories, 7 parking spaces.

This property is listed by Akinlana Popoola and can be reached at (412) 925-5551 or popoola.akin06@gmail.com.

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AP

Akinlana Popoola

Agent at EXP Realty LLC

(412) 925-5551

Listed by EXP Realty LLC · View on Broker Site

MLS# 775076· Source: listhub· Updated 1 days ago

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

135 N 8th Street, Allentown City, PA 18101

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