Technical
Financial
Distress signals
Property profile

702 8th St 712 Allentown, PA 18103

OFF-MARKET
Retail space
Property ID
US73-1432491
3,113 SF 0.08 ac lot Built 1930
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This four-unit residential property is located in South Allentown City on a 0.079-acre lot. The building contains three 2-bedroom apartments and a fourth unit constructed with approximately 1,300 square feet, for a total building size of about 3,113 square feet. Apartments 1 and 2 include renovations with updated kitchens, bathrooms, and HVAC systems; the HVAC systems include heat pumps with air conditioning. The property also includes an approximately 1,800-square-foot lower level with two exterior entrances, which could function for owner use, storage, or additional space. Documented exterior and system improvements include a new vinyl facade, new vinyl windows, new decks, updated kitchen finishes with granite/quartz countertops and new cabinetry, newly updated bathrooms, new HVAC units, and a new 4-meter gang electric service. The property is zoned R-Mh (Medium High Density).

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 3,113 SF
Lot 0.08 ac (3,441 SF)
Zoning code R-MH
APN 640617527728-1
UPID US73-1432491

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • HVAC Service General Contractor
  • HVAC Service General Contractor
  • Insurance Agency
  • Tax Preparation

Location

702 8th St, Unit 712 Allentown, PA 18103-3239
Allentown metro Census 1401 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2026
Last sale
$499,900
4 recorded transactions
2026
$499,900
2022
$290,000
2017
$126,900
2016
Price N/A

Zoning & alternative use

R-MH · Allentown, PA
Zoning description

The purpose of this district is to provide areas of medium high density with a mix of housing types, to protect these areas from incompatible uses, and to stabilize and preserve older neighborhoods

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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