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Multi-Unit Income Property with Garages
For Sale
Contact for pricing
Pending

114 S 8th St, Allentown, PA 18101

Nineteen-unit mixed-use property includes four residences, one commercial space, and fifteen rented car garages.

Property SizeContact for details
Days on Market122

Property Features for 114 S 8th St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 4
Listing Agency: eXp Commercial
Listed By: James Reardon · License #PA RS337438
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 2:10PM

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 eXp Commercial

Investment Insights

Based on property information with market context.

The property is a mixed multi-family income asset consisting of 4 residential units, 1 commercial space building, and 15 individual car garages, all currently rented. The total offering is described as 19 total units. The remarks indicate renovations have been completed on two apartments, with updated rents referenced for the remaining units after tenant turnover and interior improvements.

The property is located in Allentown and is positioned next to the CityCenter Allentown “Towers 6” project, described as a large retail and Class A office development. The remarks also state the property is within walking distance of Center Square Lofts, a residential housing development.

As presented, the garage component is a core part of the current income stream, with the remarks further noting that garages are described as buildable and may be redeveloped into townhouses.

Key Highlights

  • Nineteen‑unit mixed‑use property with 4 residential units, 1 commercial space, and 15 car garages
  • All 15 garages are currently rented, providing additional income from garage units
  • Mixed‑use setup in Allentown: 4 residential units plus 1 commercial space building

Property Analytics

Current Use

Embarque Tineo Business Networking Company La Familia 99Cent Discount Store

Suggested Use

Top Pick Bakery Veterinary Clinic Skin Care Clinic Locksmith Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,373
Businesses Nearby

Demographics for 18101, PA

5,108
Population
2,686
Households
1.9
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
0.3 sq mi
ZIP Area
17,027
Density / Sq Mi
$41,542
Median Household Income
$34,397
Median Earnings
$1,337
Median Rent
$153,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Nineteen-unit mixed-use property includes four residences, one commercial space, and fifteen rented car garages.
Where is this quadplex located?
The property is located at 114 S 8th St Allentown, PA.
What are key features of this property?
This property features: Nineteen‑unit mixed‑use property with 4 residential units, 1 commercial space, and 15 car garages; All 15 garages are currently rented, providing additional income from garage units; Mixed‑use setup in Allentown: 4 residential units plus 1 commercial space building
(888) 397-7352 Call to check price and availability
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