Multifamily

Allentown, PA Multifamily Properties for Sale

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Renovated Mixed-Use Building
Updated: Jul 15
Renovated Mixed-Use Building

1977 S 5th Street, Allentown, PA 18103

$525,000
2,540 sqft 0.28 AC lot
Approximately 2,540 SF mixed‑use building on 0.276 acres
Ground‑floor dental office with treatment rooms, private offices, work areas, and existing dental equipment
Upper floors include a three‑bedroom apartment configuration and a one‑bedroom studio
Full renovation completed; central air and oil heating
B‑3‑HIGHWAY BUSINESS zoning with public water and public sewer
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Mixed-Use Corner Property
Updated: Jun 2
Mixed-Use Corner Property

500 504 W Gordon Street, Allentown, PA 18102

$530,000
4,220 sqft 0.06 AC lot
4,220‑square‑foot mixed‑use property on a 0.063‑acre lot
First‑floor operating pizzeria/restaurant with two residential apartments
Apartments include a 1‑bedroom, two‑level unit and a 3‑bedroom unit
Separate utilities serve the commercial space and each residential unit
Large basement provides storage for business and residential occupants
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Mixed-Use Corner Property
Mixed-Use Corner Property

500 504 W Gordon Street, Allentown, PA 18102

$530,000
4,220 sqft 0.06 AC lot

An operating restaurant occupies the ground floor alongside two residential apartments with separately metered utilities.

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Mixed-Use Building with Storefront
Mixed-Use Building with Storefront

449 N 10TH STREET, Allentown, PA 18102

$815,000
4,015 sqft

Turnkey mixed-use building with a street-level commercial storefront and three renovated residential units above.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

449 N 10th Street, Allentown, PA 18102

$815,000
4,807 sqft 0.05 AC lot

Includes a street-level commercial space and three modernized residential rental units.

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Four-Unit Mixed-Use Property
Four-Unit Mixed-Use Property

112 114 N 8th Street, Allentown, PA 18101

$599,900
3,586 sqft 0.02 AC lot

Two storefronts accompany one-bedroom and larger rear residential apartments with private entrances and a two-story garage.

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Two-Unit Duplex with Updated Interiors
Two-Unit Duplex with Updated Interiors

332 N 7th Street, Allentown, PA 18102

$349,900
1,568 sqft 0.05 AC lot

Separate utilities and refreshed electrical service support the building’s two residential units.

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Multifamily Property with Storefronts
Multifamily Property with Storefronts

915 W Hamilton St, Allentown, PA 18101

$7,500,000
11,158 sqft

Five-building corner property with 21 units, including four storefronts, on Hamilton and Fountain in Allentown.

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Updated Quadplex with Garage
Updated Quadplex with Garage

437 W Allen Street, Allentown, PA 18102

$415,000
2,112 sqft 0.04 AC lot

Brick income property with separately metered utilities, modern apartment finishes, and a detached garage with additional rental potential.

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Three-Unit Residential Property
Three-Unit Residential Property

875 Jerome Street, Allentown, PA 18109

$429,000
1,600 sqft 0.11 AC lot

Three separate apartments each offer a two-bedroom, one-bathroom layout.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

1977 S 5th Street, Allentown, PA 18103

$525,000
2,540 sqft

Combined office and residential configuration with existing dental improvements and apartment accommodations across the upper floors.

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Three-Story Apartment Building
Three-Story Apartment Building

1413 W Court Street, Allentown, PA 18102

$900,000
8,640 sqft 0.08 AC lot

Six-unit framework includes installed plumbing and fire sprinklers, with completion work remaining.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

317 N 10TH Street, Allentown, PA 18102

$362,000
1,842 sqft 0.05 AC lot

The first-floor apartment is vacant, while the upstairs unit remains tenant occupied.

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Six-Unit Apartment Building
Six-Unit Apartment Building

213 N N 15th St, Allentown, PA 18102

$699,000
6,000 sqft

Fully occupied six-unit apartment building with yearly leases and two recently renovated units.

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Brick Apartment Building with Laundry
Brick Apartment Building with Laundry

1525 W Chew Street, Allentown, PA 18102

$750,000
5,804 sqft 0.05 AC lot

R-MH zoning, public utilities, and a remodeled basement laundry area support the property's residential configuration.

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Two-Unit Duplex with Oak Flooring
Two-Unit Duplex with Oak Flooring

317 N 10th Street, Allentown, PA 18102

$362,000
1,842 sqft 0.05 AC lot

Recent interior work includes hardwood and tile flooring, new appliances, and updated plumbing fixtures.

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Turnkey Triplex with Corner Storefront
Turnkey Triplex with Corner Storefront

449-449 N 10th St, Allentown, PA 18102

$815,000
3,618 sqft

Fully renovated triplex with a highly visible corner storefront on the first level and three modern residential units above.

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Quadplex with Off-Street Parking
Quadplex with Off-Street Parking

139 8th Street, Allentown, PA 18101

$695,000
2,640 sqft 0.06 AC lot

Fully occupied four-unit residential income property with varied apartment layouts and recent renovations in multiple units.

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Three-Unit Triplex with Backyard
Three-Unit Triplex with Backyard

875 N Jerome St, Allentown, PA 18109

$429,000
1,600 sqft 0.09 AC lot

Each residence has two bedrooms and one full bathroom, with public water and sewer serving the building.

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Brick Duplex with Balcony
Brick Duplex with Balcony

230 .5 N Nagle Street, Allentown, PA 18102

$209,900
1,593 sqft 0.02 AC lot

A fenced rear yard and a balcony add outdoor space to this three-bedroom residence.

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Three-Story Multifamily Building with Garages
Three-Story Multifamily Building with Garages

1413 W Court Street, Allentown, PA 18102

$900,000
8,640 sqft

Three-story building under build-out with six garage spaces and infrastructure for six separate units.

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3-Unit Brick Apartment Building
3-Unit Brick Apartment Building

726 W Turner Street, Allentown, PA 18102

$450,000
1,950 sqft 0.02 AC lot

Three one-bedroom residences are configured with separate tenant-paid heat and electric; the owner covers water.

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End-Unit Duplex with Detached Garage
End-Unit Duplex with Detached Garage

28 N 13th St, Allentown, PA 18102

$360,000
2,835 sqft

Two separately configured residences include updated finishes and access to a detached garage.

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Renovated Apartment Building
Renovated Apartment Building

101 N 8Th Street, Allentown, PA 18101

$1,895,000
7,335 sqft 0.11 AC lot

Mixed-use configuration combines residential and commercial occupancy with separate utilities and basement laundry facilities.

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Allentown, PA Multifamily Properties Market Trends and Statistics

Explore 74 multifamily properties for sale in Allentown, PA, showcased through 74 active listings on our real estate platform. These investment opportunities span a total of 199,973 square feet of properties for sale, with an estimated market value of $52,146,500.

Sale prices for multifamily properties in Allentown, PA start at $189,000, averaging $755,746, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 24
Apartment buildings 21
Triplexes 15
Quadplexes 4

Demographics Overview

Population 177K
Population Growth (5Y) +6.1%
Median Household Income $66,938
College Educated 25.3%

High-Yield Neighborhoods for Investment

Identify Allentown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Pittsburgh - 15210 $58.5K
Allentown - 18101 $751.9K

Taxes & Financing

Tax Rate (average for all types) 2.68%
Property Tax per SF $24.82 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lehigh County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lehigh County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Allentown fall within the 100,000+ square foot range.

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