Four-Unit Mixed-Use with
112 114 N 8th Street Allentown, PA 18101
For Sale
$599,900
MULTI_FAMILY - Allentown City, PA
Property Size3,586 SF
Lot Size0.02 Acres
Price / SF$167.29
Days on Market14
Property Features for 112 114 N 8th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B-2
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Parking
- 1
- Parking features
- On Street
- Standard status
- Active
- APN
- 640700185065-1
- Size
- 3,586 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5854
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick, Frame
Listing Agency:
Century 21 Ramos Realty
(610) 866-4423
Listed By:
Anthony Ramos · License #AB068035
(610) 866-4423
Added: Jul 14
Changed: Jul 21
Last Checked: Jul 27 at 5:06AM
MLS# 780633
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.
This four-unit mixed-use property includes street-level storefront space and residential units within a restored commercial and residential building. The second-floor layout features a one-bedroom apartment, and a separate rear apartment is accessed through a private courtyard. The rear unit is described as having two or three bedrooms, two full bathrooms, a convenient laundry room, and a sunroom. Each unit is described as having its own private entrance for privacy and ease of access. The property also includes a generous two-car, two-story garage for parking and storage.
The building is located at 112 N 8th St, 114 N 8th St, and 114R N 8th St in Allentown City, Pennsylvania, in a B-2 zoned setting.
With four distinct entrances and both commercial and residential components, the property offers a blended configuration aligned with a mixed-use use profile within the listed zoning.
The building is located at 112 N 8th St, 114 N 8th St, and 114R N 8th St in Allentown City, Pennsylvania, in a B-2 zoned setting.
With four distinct entrances and both commercial and residential components, the property offers a blended configuration aligned with a mixed-use use profile within the listed zoning.
Key Highlights
- 4‑unit property with street‑level double storefronts at 112‑114 and 114R N 8th St
- Second‑floor one‑bedroom apartment plus a rear apartment accessed through a private courtyard
- Rear apartment offers 2 or 3 bedrooms, 2 full bathrooms, a laundry room, and a sunroom
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 | $66.7k | $18.60 |
| − Vacancy | −$3.6k | −$1.00 |
| EGI | $63.1k | $17.60 |
| − OpEx | −$18.9k | −$5.28 |
| NOI | $44.2k | $12.32 |
3,586 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$631.0K
$552.1K – $736.1K
NOI $44,168 @ 7.0% cap · market cap 7.36%
Second Best
Multifamily LT 5
$537.4K
$470.2K – $626.9K
NOI $37,615 @ 7.0% cap · market cap 6.27%
Theoretical Best
Specialty Retail
$704.5K
$616.4K – $821.9K
NOI $49,315 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Neldy Watch & Clock
(Bike/Boat/Book/etc) Store
Junior's Hook Up
Marketing & Advertising
FAQs
What type of property is this?
Quadplex - Four-unit property in downtown Allentown with street-level storefronts, apartments with private entrances, and a two-car two-story garage.
Where is this quadplex located?
The property is located at 112 114 N 8th Street Allentown, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 4‑unit property with street‑level double storefronts at 112‑114 and 114R N 8th St; Second‑floor one‑bedroom apartment plus a rear apartment accessed through a private courtyard; Rear apartment offers 2 or 3 bedrooms, 2 full bathrooms, a laundry room, and a sunroom
