Residential Income

Allentown, PA Residential Income Properties for Sale

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12-Unit Garden-Style Apartment Building
Updated: Oct 21
12-Unit Garden-Style Apartment Building

628 S Fawn Street, Allentown, PA 18103

$2,049,000
8,004 sqft 0.42 AC lot
12 one‑bedroom apartments across three floors; built in 1985
Fully occupied; 8,004 square feet on a 0.416‑acre site
R‑M zoning; brick construction
Separate electric baseboard heat in each apartment; tenants pay electric and heat
Coin‑operated laundry with two recently replaced machines
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Mixed-Use Property with Storefront
Updated: Oct 8
Mixed-Use Property with Storefront

347 N 8th Street, Allentown, PA 18102

$539,000
4,320 sqft 0.06 AC lot
4,320‑square‑foot mixed‑use property
Three occupied residential apartments
Commercial space with exposed brick walls and tile flooring
Attached two‑car garage
0.056‑acre corner property
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4-Unit Residential Property with Garages
4-Unit Residential Property with Garages

114 S 8th Street, Allentown, PA 18101

$650,000
3,360 sqft 0.16 AC lot

Four apartments and detached garage spaces are vacant for tenant placement after purchase.

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12-Unit Garden-Style Apartment Building
12-Unit Garden-Style Apartment Building

628 S Fawn St, Allentown, PA 18103

$2,049,000
8,004 sqft

Three-story residential property combines a consistent one-bedroom layout with on-site coin-operated laundry and tenant-paid electric heat.

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Quadplex with Detached Garages
Quadplex with Detached Garages

114 S 8th Street, Allentown, PA 18101

$650,000
3,360 sqft 0.16 AC lot

All apartments and garage bays are vacant, allowing access for showings and tenant placement after purchase.

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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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Renovated Mixed-Use Building
Renovated Mixed-Use Building

1977 S 5th Street, Allentown, PA 18103

$525,000
2,540 sqft 0.28 AC lot

Ground-level dental office improvements combine with residential units across the upper floors.

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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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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

Operating pizzeria occupies the commercial floor alongside two residential apartments with separately metered utilities.

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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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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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Central Business Commercial Land
Central Business Commercial Land

953 W Walnut Street, Allentown, PA 18102

$1,099,900
1,086 sqft 0.12 AC lot

The site carries B-2-CENTRAL BUSINESS zoning and includes a rented existing structure.

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

317 N 10TH Street, Allentown, PA 18102

$362,000
1,842 sqft 0.05 AC lot

Recent work includes first-floor oak flooring, refreshed paint, and new sinks and toilets in both apartments.

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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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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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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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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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Allentown, PA Residential Income Properties Market Trends and Statistics

Explore 81 residential income properties for sale in Allentown, PA, showcased through 81 active listings on our real estate platform. These investment opportunities span a total of 232,870 square feet of properties for sale, with an estimated market value of $58,766,500.

Sale prices for residential investment properties in Allentown, PA start at $189,000, averaging $773,243, 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

Multifamily properties 82
Duplexes 24
Apartment buildings 22
Triplexes 15
Quadplexes 5

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 $737.7K

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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