Victorian Two-Unit
433 N 8TH Street, Allentown, PA 18102
For Sale
New
$300,000
Multi-Family, ALLENTOWN, PA
Property Size2,134 SF
Lot Size0.06 Acres
Price / SF$140.58
Days on Market4
Property Features for 433 N 8TH Street
General Information
Property type
Property subtype
Rooms
Parking features
Interior features
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Amenities
fenced rear yard
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
Redfin Corporation
(484) 962-0034
Listed By:
Callie Kimmel · License PA RS336318
(610) 442-1533
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 12 at 7:06PM
MLS# PALH2017328
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1880-built brick duplex offers 2,134 square feet across two residences on a 0.0551-acre lot. Interior details include woodwork and hardwood floors, alongside luxury vinyl and tile flooring. Both units have upgraded kitchens; the first-floor kitchen includes stainless steel appliances. That tenant-occupied residence also has a bedroom with a walk-in closet, a full bathroom, and direct access to the fenced rear yard.
The vacant upper unit occupies two levels, with a living room, a formal dining room beside the kitchen, two bedrooms, and 1.5 bathrooms. The property is located in Allentown’s Historic District.
The vacant upper unit occupies two levels, with a living room, a formal dining room beside the kitchen, two bedrooms, and 1.5 bathrooms. The property is located in Allentown’s Historic District.
Key Highlights
- 2,134‑square‑foot duplex on a 0.0551‑acre lot
- Built in 1880 with brick construction and Victorian styling
- First‑floor residence is tenant‑occupied; upper unit is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,385
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,700
$447.7K
Cap Rate 7%
$319,786
$319.8K
Cap Rate 9%
$248,722
$248.7K
Market Conditions
NOI Build-Up for 2,134 SF
Gross rent
$34.6K $16.20/SF
− Vacancy
−$2.6K −$1.22/SF
EGI
$32.0K $14.99/SF
− OpEx
−$9.6K −$4.50/SF
NOI
$22.4K $10.49/SF
Area
Allentown, PA
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,700
Cap Rate 7%
$319,786
Cap Rate 9%
$248,722
Alternative Uses
Best Use
Multifamily LT 5
$319.8K
$279.8K – $373.1K
NOI $22,385 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$281.3K
$246.1K – $328.2K
NOI $19,690 @ 7.0% cap · market cap 6.56%
Theoretical Best
Specialty Retail
$419.2K
$366.8K – $489.1K
NOI $29,347 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,349
Businesses Nearby
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Business Placement
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
$146,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Allentown, PA
Properties on Market for Duplexes in Allentown
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant upper residence spans two levels, with two bedrooms and 1.5 bathrooms.
Where is this duplex located?
The property is located at 433 N 8TH Street Allentown, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,134‑square‑foot duplex on a 0.0551‑acre lot; Built in 1880 with brick construction and Victorian styling; First‑floor residence is tenant‑occupied; upper unit is vacant
