Allentown, PA
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    Allentown, PA Multifamily Properties for Sale

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    Hanover Twp, PA Whitehall, PA Bethlehem, PA
    31 results
    Corner Mixed-Use Investment Property
    $575,000
    4,220 SF
    Corner Mixed-Use Investment Property

    500 504 W Gordon Street, Allentown, PA 18102

    Operating pizzeria on the first floor paired with two apartments, offering separate utilities and multiple income streams.
    • Mixed‑use corner property with an operating pizzeria/restaurant on the first floor and two apartment units upstairs
    • Residential units include a 1‑bedroom, two‑level apartment and a 3‑bedroom apartment with hardwood floors and an updated tile bathroom
    • Separate utilities available for the commercial space and each residential unit, helping streamline tracking of expenses
    • Large basement offers storage space for the business and tenants
    • Public water and public sewer
    Updated: Jun 2
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    Mixed-Use Investment Opportunity
    $575,000
    4,220 SF
    Mixed-Use Investment Opportunity

    500 504 W Gordon Street, Allentown, PA 18102

    Corner property with pizzeria, and two apartments in Allentown.
    • Prime corner location with high visibility and convenient access.
    • Established pizzeria/restaurant provides immediate income stream.
    • Mixed‑use property offers diversified income from commercial and residential tenants.
    • Well‑maintained 3‑bedroom apartment with hardwood floors and updated bathroom.
    • Separate utilities for each unit simplify expense tracking and management.
    Updated: May 28
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    Turnkey Multifamily Investment Opportunity
    $1,395,000
    7,076 SF
    Turnkey Multifamily Investment Opportunity

    Six-unit multifamily property with strong rental income in Allentown, PA.

    732 W Tilghman Street, Allentown, PA 18102

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    Daycare/Multifamily Opportunity in Allentown City
    $849,900
    7,055 SF
    Daycare/Multifamily Opportunity in Allentown City

    Three buildings suitable for daycare or multifamily use in Allentown.

    2302 2310 S 5th Street, Allentown, PA 18103

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    Approved Multifamily Development Opportunity
    $1,495,000
    34,320 SF
    Approved Multifamily Development Opportunity

    Fully approved multifamily development with 43 units and commercial space.

    19 N 11th Street, Allentown, PA 18101

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    Versatile Mixed-Use Investment Property
    $849,900
    4,280 SF
    Versatile Mixed-Use Investment Property

    Three-unit property with commercial and residential income potential.

    1015 W Hamilton Street, Allentown, PA 18101

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    Allentown Investment Property With Parking
    $325,000
    2,610 SF
    Allentown Investment Property With Parking

    Fully occupied 3-unit building in Allentown with off-street parking.

    424 N 6th Street, Allentown, PA 18102

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    Mixed-Use Property with Retail Space
    $899,000
    3,898 SF
    Mixed-Use Property with Retail Space

    Income-producing mixed-use property with retail/office space and apartments.

    Allentown, PA 18103

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    Mixed-Use Property For Sale
    $899,000
    3,898 SF
    Mixed-Use Property For Sale

    Income-producing mixed-use property suitable for retail, office, or residential use.

    Allentown, PA 18103

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    Allentown Mixed-Use Investment Opportunity
    $1,300,000
    13,344 SF
    Allentown Mixed-Use Investment Opportunity

    Four-story building in Allentown's NIZ with commercial and residential potential.

    539 W Hamilton, Allentown, PA 18101

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    Allentown City Multifamily Investment Opportunity
    $399,000
    2,205 SF
    Allentown City Multifamily Investment Opportunity

    Fully occupied triplex in Allentown City with immediate cash flow.

    744 N 5th Street, Allentown, PA 18102

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    Renovated Mixed-Use Property in Allentown
    $480,000
    4,681 SF
    Renovated Mixed-Use Property in Allentown

    Value-add mixed-use property with retail and residential units.

    438 N 7th Street, Allentown, PA 18102

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    Renovated Mixed-Use Property For Sale
    $480,000
    2,878 SF
    Renovated Mixed-Use Property For Sale

    Mixed-use property with retail space and residential units.

    438 N 7th Street, Allentown, PA 18102

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    Allentown City Multifamily Investment Opportunity
    $599,900
    0.02 Acres
    Allentown City Multifamily Investment Opportunity

    Portfolio of five occupied homes for sale in Allentown City.

    117 Ridge Avenue, Allentown, PA 18102

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    Allentown Four-Unit Investment Property
    $575,000
    0.05 Acres
    Allentown Four-Unit Investment Property

    Turn-key, fully occupied four-unit building in Allentown's historic district.

    135 N 8TH Street, Allentown, PA 18102

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    Allentown Mixed-Use Corner Property
    $395,000
    2,459 SF
    Allentown Mixed-Use Corner Property

    Mixed-use property featuring a storefront and a two-bedroom apartment.

    146 11th Street, Allentown, PA 18102

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    Allentown Multifamily Investment Opportunity
    $399,000
    0.04 Acres
    Allentown Multifamily Investment Opportunity

    Fully occupied three-unit property with immediate cash flow potential.

    744 N 5TH Street, Allentown, PA 18103

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    Allentown City Multi-Family Opportunity
    $449,900
    2,378 SF
    Allentown City Multi-Family Opportunity

    Convertible single-family home in Allentown's West End neighborhood.

    1831 Hamilton, Allentown, PA 18104

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    Three-Unit Multifamily Investment
    $475,000
    Three-Unit Multifamily Investment

    Three-unit income property with two occupied units and one vacant unit, offering immediate cash flow and leasing upside.

    204 N 9th Street, Allentown, PA 18102

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    Allentown Multifamily Investment Opportunity
    $424,900
    0.06 Acres
    Allentown Multifamily Investment Opportunity

    Three-unit property with income potential in Allentown, Pennsylvania.

    318-320 N 7TH Street, Allentown, PA 18102

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    Renovated Mixed-Use Investment Opportunity
    $1,895,000
    7,335 SF
    Renovated Mixed-Use Investment Opportunity

    Eleven renovated units in Allentown's NIZ and Opportunity Zone.

    101 N 8Th Street, Allentown, PA 18101

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    Well-Maintained Allentown City Multi-Family
    $299,000
    Well-Maintained Allentown City Multi-Family

    Turn-key two-unit property with garages and long-term tenants.

    731 N Lumber Street, Allentown, PA 18102

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    Allentown Townhome Investment Opportunity
    $425,000
    2,700 SF
    Allentown Townhome Investment Opportunity

    Two townhomes in Allentown with full occupancy and strong rental income.

    752-754 E Green St, Allentown, PA 18109

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    Multifamily Property with Garage Rentals
    $705,000
    6,052 SF
    Multifamily Property with Garage Rentals

    Five units with four garage rentals, strong income potential.

    542 N 6th St, Allentown, PA 18102

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    Allentown, PA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Allentown, PA, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 174,758 square feet of properties for sale, with an estimated market value of $19,921,599.

    Sale prices for multifamily properties in Allentown, PA start at $259,900, averaging $796,863, and reaching up to $2,900,000 — 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

    Apartment buildings 12
    Triplexes 8
    Duplexes 4
    Quadplexes 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    18104 $449.9K
    18102 $511.8K
    18109 $537K
    18103 $761.7K
    18101 $1.4M

    Taxes & Financing

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

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