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    5-Unit Multifamily Building
    Updated: Jun 29
    5-Unit Multifamily Building

    22 S 13th Street, Allentown, PA 18102

    $360,000
    2,404 sqft
    5‑unit investment property in Allentown
    Brick construction and natural gas heating
    Built in 1905
    Public water and public sewer connection
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    This listing looks promising.

    Here's a quick look at some key insights for

    22 S 13th Street, Allentown City, PA 18102

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Mortgage

      $270K
      Sep 2023

    • Last Sold

      Sep 2023
      $385K

    • Property Type

      Apartments (Generic)
      Built 1905
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    Renovated Four-Unit Apartment Building
    Updated: Jun 25
    Renovated Four-Unit Apartment Building

    139 8th Street, Allentown, PA 18101

    $695,000
    2,640 sqft 0.06 AC lot
    4‑unit brick building in Allentown with one 2‑bedroom apartment and three 1‑bedroom apartments
    Fully occupied with long‑term leases; potential for rent increases across all units
    5‑car off‑street parking lot plus off‑street parking
    Public water and public sewer
    Seller completed extensive renovations in multiple units during ownership
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    Turnkey Multifamily Investment Opportunity
    Turnkey Multifamily Investment Opportunity

    732 W Tilghman Street, Allentown, PA 18102

    $1,395,000
    7,076 sqft 0.08 AC lot

    Six-unit multifamily property with strong rental income in Allentown, PA.

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    Approved Multifamily Development Opportunity
    Approved Multifamily Development Opportunity

    19 N 11th Street, Allentown, PA 18101

    $1,495,000
    34,320 sqft 0.19 AC lot

    Fully approved multifamily development with 43 units and commercial space.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    213 N 15th St, Allentown, PA 18102

    $730,000

    Fully occupied six-unit apartment building with yearly leases and two recently renovated units.

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    Freestanding Mixed-Use Income Property
    Freestanding Mixed-Use Income Property

    Allentown, PA 18103

    $899,000
    3,898 sqft 0.19 AC lot

    Freestanding building with three apartments plus retail/office space available for immediate lease in South Whitehall Twp.

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    Four-Story Mixed-Use Building
    Four-Story Mixed-Use Building

    539 W Hamilton, Allentown, PA 18101

    $1,300,000
    13,344 sqft 0.10 AC lot

    Downtown Allentown mixed-use building with commercial space and partially prepared upper floors for apartments.

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    All-Brick Multifamily Conversion Opportunity
    All-Brick Multifamily Conversion Opportunity

    1831 Hamilton, Allentown, PA 18104

    $449,900
    2,378 sqft 0.10 AC lot

    All-brick home currently configured as single family with 5 bedrooms and 2.5 baths plus rear off-street parking.

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    Multifamily and Retail Redevelopment Site
    Multifamily and Retail Redevelopment Site

    915 W HAMILTON STREET, Allentown, PA 18101

    $7,500,000
    0.50 AC lot

    Corner site with 21 existing units and storefronts, positioned in the NIZ tax opportunity zone for redevelopment planning.

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    Mixed-Use Building with 11 Units
    Mixed-Use Building with 11 Units

    101 N 8Th Street, Allentown, PA 18101

    $1,895,000
    7,335 sqft 0.11 AC lot

    Fully renovated 11-unit mixed-use building with separate utilities, electric HVAC, and on-site coin-operated laundry.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Allentown, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    2 S 4th Street, Emmaus, PA 18049

    $3,300,000
    14,506 sqft 0.21 AC lot

    Fully occupied mixed-use property with 10 apartments and 5 commercial storefronts, including a newer TPO roof.

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    Seven-Unit Apartment Building on Corner Lot
    Seven-Unit Apartment Building on Corner Lot

    2102 2106 S Lehigh Avenue, Whitehall, PA 18052

    $1,299,900
    6,093 sqft 0.29 AC lot

    Fully occupied multifamily with a diversified unit mix and tenant-paid heating.

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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    2 S 4th St, Emmaus, PA 18049

    $3,300,000
    14,506 sqft

    Fully occupied mixed-use building combining residential apartments and retail storefront space.

    View details
    Corner-Lot Seven-Unit Property
    Corner-Lot Seven-Unit Property

    2102 S Lehigh Avenue, Whitehall, PA 18052

    $1,299,900
    6,093 sqft

    For sale multifamily building with seven apartments, all currently occupied and tenant-paid heating.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Allentown, PA

    Consider similar Off-Market properties in Allentown, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    941 Hamilton St
    HIGH-RISE APARTMENTS

    941 Hamilton St, Allentown, PA 18101-1100

    Value Estimation by Request
    25,070 sqft 0.16 AC lot
    View details
    542 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    542 Walnut St, Allentown, PA 18101-2315

    $595,000
    Estimated value
    4,541 sqft 0.10 AC lot
    View details
    266-268 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    266-268 Walnut St, Allentown, PA 18109

    $695,000
    Estimated value
    5,280 sqft 0.14 AC lot
    View details
    39-41 11th St
    APARTMENT HOUSE (5+ UNITS)

    39-41 11th St, Allentown, PA 18101

    Value Estimation by Request
    4,812 sqft 0.11 AC lot
    View details
    1521-1525 Un St
    HIGH-RISE APARTMENTS

    1521-1525 Un St, Allentown, PA 18102

    $3,320,000
    Estimated value
    19,200 sqft 0.17 AC lot
    View details
    440 9th St
    APARTMENT HOUSE (5+ UNITS)

    440 9th St, Allentown, PA 18102-5551

    $530,000
    Estimated value
    3,064 sqft 0.05 AC lot
    View details
    348 9th St
    APARTMENT HOUSE (5+ UNITS)

    348 9th St, Allentown, PA 18102-3258

    $650,000
    Estimated value
    4,536 sqft 0.05 AC lot
    View details
    814 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    814 Walnut St, Allentown, PA 18102-4829

    $535,000
    Estimated value
    3,632 sqft 0.05 AC lot
    View details
    818 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    818 Walnut St, Allentown, PA 18102-4809

    Value Estimation by Request
    2,824 sqft 0.05 AC lot
    View details
    450-452 Maple St
    APARTMENT HOUSE (5+ UNITS)

    450-452 Maple St, Allentown, PA 18102

    $685,000
    Estimated value
    5,184 sqft 0.05 AC lot
    View details
    809-811 Linden St
    APARTMENT HOUSE (5+ UNITS)

    809-811 Linden St, Allentown, PA 18101

    Value Estimation by Request
    3,072 sqft 0.02 AC lot
    View details
    625 6th St
    APARTMENT HOUSE (5+ UNITS)

    625 6th St, Allentown, PA 18102-1669

    Value Estimation by Request
    2,468 sqft 0.04 AC lot
    View details
    118 Madison St
    APARTMENT HOUSE (UNDER 5 UNITS)

    118 Madison St, Allentown, PA 18102-3760

    Value Estimation by Request
    1,988 sqft 0.05 AC lot
    View details
    228 Madison St
    APARTMENT HOUSE (UNDER 5 UNITS)

    228 Madison St, Allentown, PA 18102-4625

    Value Estimation by Request
    1,676 sqft 0.04 AC lot
    View details

    Allentown, PA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Allentown, PA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 73,395 square feet of properties for sale, with an estimated market value of $8,488,900.

    Sale prices for two-family homes in Allentown, PA start at $360,000, averaging $1,061,112, and reaching up to $1,895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 177K
    Population Growth (5Y) +6.1%
    Median Household Income $66,938
    College Educated 25.3%

    High-Yield Neighborhoods for Investment

    Identify Allentown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18102 $722K
    18103 $899K
    18101 $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $24.82 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lehigh County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lehigh County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Allentown fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Allentown, PA

    • 18101
    • 18102
    • 18103
    • 18104

    Featured Allentown Real Estate Agencies

    Realmo connects you with licensed Allentown CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Keim Realtors
    90 N Cedar Crest Blvd Allentown, PA 18104
    Phone: 18772084158
    www.c21keim.com
    Howard Hanna The Frederick Group
    3500 Winchester Road, Suite 201 Allentown, PA 18104
    Phone: 16103980411
    LehighValley.HowardHanna.com
    Harvey Z. Raad Realtors
    1505 S. 4th Street Allentown, PA 18103
    Phone: 16104335551
    www.RAADREALTORS.com

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