101 N 8Th Street Allentown, PA 18101
MULTI_FAMILY - Allentown City, PA
Property Features for 101 N 8Th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- B-2-CENTRAL BUSINESS
- Bedrooms
- 7
- Bathrooms
- 11
- Rooms
- Bedroom 7, Bathroom 2, Bathroom 10, Bedroom 6, Bathroom 8, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 6, Bathroom 7, Bedroom 3, Bathroom 11, Bedroom 4, Bathroom 9, Bathroom 4, Bathroom 5
- Standard status
- Active
- APN
- 640700471867001
- Size
- 7,335 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 31980
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 4
- Number of units
- 11
- Building materials
- Brick
Listing agent Andrew A. Ginsburg (610) 393-0892
Listing office BHHS Regency Real Estate 811 N 19th Street, Allentown, PA (610) 432-5252
Listing date Jan 12, 2026
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.
Investment Insights
Based on property information with market context.
The property is zoned B-2-CENTRAL BUSINESS. It is located in the NIZ Improvement Zone and Opportunity Zone. It sits directly in the heart of an area described as over $1 billion in development and is across the street from the PPL Event Center and the Da Vinci Science Center, with nearby restaurants, retail, and nightlife.
The mix of residential and commercial units, combined with separate utilities and updated building systems, supports a straightforward tenanting strategy for an operator or investor seeking a renovated, multi-tenant asset. Seller financing is available, and the tenant-facing amenities include on-site laundry and security camera coverage for shared areas.
Key Highlights
- Prime location in the heart of over $1 Billion of development, NIZ Improvement Zone, and Opportunity Zone, across from PPL Event Center and Da Vinci Science Center.
- Eleven fully renovated units: 7 residential and 4 commercial, with renovated common areas and exterior.
- Seller financing available.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.4k | $18.60 |
| − Vacancy | −$7.4k | −$1.00 |
| EGI | $129.1k | $17.60 |
| − OpEx | −$38.7k | −$5.28 |
| NOI | $90.3k | $12.32 |
