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4-Unit Residential Building with Garages
For Sale
$650,000

114 S 8TH STREET, Allentown, PA 18102

Four apartments and 15 detached garages provide separate residential and garage-bay spaces.

Property SizeContact for details
Days on Market10

Property Features for 114 S 8TH STREET

General Information

Standard status Active
Total Parking Spaces 15
Property subtype Quadruplex

Additional Details

Gross Income $87,300

Building Details

Year Built 1880
Buildings 3
Tenancy Multi
Listing Agency: KW Empower
Listed By: Alison Simon · License #RS337542
Source: Cummingsrealtors
Added: Oct 26 Changed: Nov 3 Last Checked: Nov 3 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower

Rey
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Investment Insights

Based on property information with market context.

A detached residential property includes four apartments: two with two bedrooms and two with one bedroom. High ceilings and natural light characterize the main building. All four apartments are vacant, as are the 15 detached garages, which are grouped in separate blocks of 12 and 3. The property dates to 1880 and is offered in as-is condition.

The site is two blocks from the ADP building and PPL Center in Downtown Allentown. The vacant units and garages are available for showings and tenant placement.

Key Highlights

  • Four apartments: two 2‑bedroom units and two 1‑bedroom units
  • 15 detached garages grouped in blocks of 12 and 3
  • All four apartments and all 15 garages are vacant

Property Analytics

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Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,530
Businesses Nearby

Demographics for 18102, PA

51,567
Population
18,788
Households
2.7
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
3.0 sq mi
ZIP Area
17,189
Density / Sq Mi
$40,681
Median Household Income
$29,501
Median Earnings
$1,224
Median Rent
$146,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments and 15 detached garages provide separate residential and garage-bay spaces.
Where is this quadplex located?
The property is located at 114 S 8TH STREET Allentown, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom units and two 1‑bedroom units; 15 detached garages grouped in blocks of 12 and 3; All four apartments and all 15 garages are vacant
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