15

Allentown, PA Condos for Sale

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  • /27

    $750,000

    • 10 Beds
    • 5 Baths
    • 5,220 Sq Ft

    932 W Walnut St, Allentown, PA 18102

    Don’t judge a book by its cover—this 5-unit investment in Allentown delivers serious numbers. Now offered at an improved price with a 9.36% cap rate, gross annual income over $84,000, and a clear CO. Two buildings on one deed with separated utilities, new roofs (2021 & 2023), and 4 of 5 units renovated within the last 3 years. Strong cash flow in a desirable, walkable Walnut Street location—an

    Agent Photo

    Nick Smith

    Coldwell Banker Hearthside

    (844) 698-0145

    932 W Walnut St, Allentown, PA 18102
  • /65

    $699,900

    • 3 Beds
    • 2.5 Baths
    • 2,180 Sq Ft

    1799 Franklin Way, Allentown, PA 18104

    Welcome to this stunning 2–3 bedroom home in Regency at South Whitehall, a premier active-adult community renowned for its beautifully maintained grounds, social atmosphere, and resort-style amenities including a clubhouse, pool, and more. Built in 2021, this home features every upgrade the builder offered, along with numerous additional custom enhancements, all detailed in the attached

    Patrice Fabozzi RE/MAX Real Estate

    1799 Franklin Way, Allentown, PA 18104
  • /66

    $850,000

    • 6 Beds
    • 6 Baths
    • 3,456 Sq Ft

    201 N 4th St, Allentown, PA 18102

    Welcome to 201 North Fourth Street, Allentown! This fully renovated SIX-UNIT multi-family property is a true gem in the heart of Allentown City. Each unit is currently occupied, ensuring a stable income stream. With over $70,000 in passive income annually after expenses, this investment offers exceptional value. The property features modern finishes and high-quality upgrades, making it a turnkey

    Christopher George Keller Williams Northampton

    201 N 4th St, Allentown, PA 18102
  • /26

    $739,900

    • 5 Beds
    • 4 Baths
    • 6,702 Sq Ft

    25 S 9th St, Allentown, PA 18102

    Prime location for an exceptional investment opportunity in one of Allentown's fastest growing commercial and residential corridors. This 6700 SF mixed use corner property is located just a half block from Hamilton St and a short walk to downtown Allentown's major entertainment/sports venues, restaurants, retail businesses and shops. A 3456 SF ground level multipurpose space awaits fit-out for

    Iggy Markow RE/MAX Real Estate

    25 S 9th St, Allentown, PA 18102
  • /43

    $499,900

    • 4 Beds
    • 3 Baths
    • 2,912 Sq Ft

    101 W Susquehanna St, Allentown, PA 18103

    Here’s your chance to be a part of Allentown's revitalization! Detached 4 Unit in East Allentown great for an investor or owner occupant. This property features (2) 1 Bedroom apartments (1) 2 Bedroom apartment and a commercial store. All units are updated and have separate utilities and there is room to increase rents! There is off-street parking in the rear of the building as well. Minutes from

    Andrew Ginsburg BHHS Regency Real Estate

    101 W Susquehanna St, Allentown, PA 18103
  • /26

    $600,000

    • 6 Beds
    • 4.5 Baths
    • 4,428 Sq Ft

    247 N 10th St, Allentown, PA 18102

    This FANTASTIC INVESTMENT PROPERTY is ready for a savvy new investor! 5 Units, 1 is commercial with a long-term lease. 2 units are 2 bedrooms, and the other 2 units are 1 bedroom. Fully occupied! Great cash flow, high capitalization rate - 10%! Come see this attractive building, and add wealth to your portfolio.

    Christina Trabosci IronValley RE of Lehigh Valley

    247 N 10th St, Allentown, PA 18102
  • /24

    $630,000

    • 6 Beds
    • 5 Baths
    • 4,120 Sq Ft

    701 N Jordan St, Allentown, PA 18102

    THIS IS THE Mixed Use, COMMERCIAL/Residential multi unit opportunity that you have been waiting for!!! This Five unit property has so much potential . This building has been passed down through several generations and the current owner is looking to retire from this business. The Building 1 BAR/restaurant/2 apartments, and Building 2 minimart/beer distributor / 1 apartment above will be a great

    Felix Figueroa BHHS Fox & Roach - Allentown

    701 N Jordan St, Allentown, PA 18102
  • /35

    $624,900

    • 7 Beds
    • 5 Baths
    • 2,828 Sq Ft

    858 N 7th St, Allentown, PA 18102

    Come see this updated 5-Units property centrally located in the fast-growing Allentown City. This property offering strong CASH FLOW of $69,000/year in gross income with over 9.86% Cap rate. Tenants responsible for all their own utilities, while owner covers only: water/sewer & trash. New Roof installed in 2024, Separate Basement entrance for storage area or refinish in the future, Low Expenses,

    Alaa Aldeen Alkhawaldeh Reinvest Real Estate LLC

    858 N 7th St, Allentown, PA 18102
  • /30

    $180,000

    • 5 Beds
    • 2 Baths
    • 1,425 Sq Ft

    1326 W Turner St, Allentown, PA 18102

    Fantastic Investment Opportunity in the Heart of Allentown, this Spacious 2 Units is ideal for investors or owner occupants alike with separate entrances. Main entrance via yard back door. First floor unit is rented with a private backyard and oversized detached Garage. Currently rented is below market rent, but can easily get $1500 per month rent. 2nd Unit on 2nd and 3rd fl is vacant, currently

    Maribel Nieves Real Estate of America

    1326 W Turner St, Allentown, PA 18102
  • /24

    $295,000

    • 4 Beds
    • 2 Baths
    • 1,743 Sq Ft

    30 N 2nd St Unit 2, Allentown, PA 18101

    This property has a lot of Potential, The owner doesn't have time to care for tenants and she decided to sell itthe property has 3 units 2 in the house and 1 above the garage, with the full price she will give $1000.00 for paintThis property is Commercial the first floor was used for daycare for up to 8 children, originally was a plumbing company, and stayed Commercial. but you can apply

    Marlene Davila Century 21 Ramos Realty

    30 N 2nd St Unit 2, Allentown, PA 18101
  • /36

    $299,900

    • 2 Beds
    • 2.5 Baths
    • 1,472 Sq Ft

    946 Nittany Ct Unit C221, Allentown, PA 18104

    Discover the perfect blend of comfort, convenience, and community in this beautifully maintained 2-bedroom, 2.5-bath condo in the coveted Cedar Creek Farms development of South Whitehall Township. Move right in and enjoy the brand-new carpeting throughout, a modern kitchen ready for your favorite recipes, and a bright, open layout ideal for both relaxing and entertaining. The family room features

    Andrew Dilg Corby Realty LLC

    946 Nittany Ct Unit C221, Allentown, PA 18104
  • /6

    $399,900

    • 3 Beds
    • 2.5 Baths
    • 3,126 Sq Ft

    431 Tilghman St, Allentown, PA 18102

    Great investment opportunity! This property features a Commercial Barber School on the 1st floor level, a 2-bedroom apartment on the 2nd floor level, a 1-bedroom apartment on the 3rd floor, and a detached garage in the rear of the property. Tenants responsible for electric and gas. Owner responsible for water & sewer. Schedule a tour today.

    Barbara Detres Harvey Z Raad Real Estate

    431 Tilghman St, Allentown, PA 18102
  • /43

    $340,000

    • 2 Beds
    • 2.5 Baths
    • 1,972 Sq Ft

    638 N 16th St, Allentown, PA 18102

    Investor Alert! Turnkey duplex just 2 minutes from the Allentown Fairgrounds, perfect for building/expanding your portfolio, or live in one unit, and rent the other. Long-term ownership since the 1970s shows pride of care. Each unit has separate utilities, economical gas heat, and month-to-month tenant who wants to stay (first floor currently vacant). Current rents are well below market, with a

    Kristina Fattorusso RE/MAX Real Estate

    638 N 16th St, Allentown, PA 18102
  • /45

    $199,900

    • 1 Bath
    • 368 Sq Ft

    640 Park St, Allentown, PA 18102

    Renovated studio apartment with three car garages in the heart of Allentown. Apartment has an electric stove and has a mini split for heat and AC. Features include, hardwood floors, ceramic tiles in the bathroom and kitchen, granite countertops and a jacuzzi bathtub! You can live in and rent the garages for anyone who wants to keep their cars or use as storage or use the garages yourself, many

    Kelvin Diaz Allentown City Realty

    640 Park St, Allentown, PA 18102
  • /21

    $1,895,000

    • 7 Beds
    • 11 Baths
    • 7,335 Sq Ft

    101 N 8th St, Allentown, PA 18101

    Seller financing available! Location - it doesn't get any better than this!! This investment opportunity consists of 11 fully renovated units (7) Residential Units and (4) Commercial Units. All units have been fully renovated including all the common areas and exterior. All units have electric heat and air conditioning and electric hot water - all units have separate utilities. Each of the 7

    Andrew Ginsburg BHHS Regency Real Estate

    101 N 8th St, Allentown, PA 18101

Why Live in Allentown

The PPL Center anchors downtown Allentown's entertainment scene with Phantoms hockey games and major concerts. Outdoor recreation flourishes along the 6.1-mile Little Lehigh Parkway trail system and through scenic spaces like Trexler Memorial Park's rose gardens and Cedar Creek Park's sports fields. Cultural attractions include the Allentown Art Museum's diverse collections, the America On Wheels Museum, and performances at Miller Symphony Hall. The restaurant scene features highly-rated spots like Ayat, La Bicicleta Arepa Bar, and Damascus Restaurant.

The Allentown housing market includes diverse options across distinct neighborhoods. The median price for single family homes is $345,000, while townhouses have a median price of $232,000 and two bedroom condos typically sell for $230,000. West End Allentown features single family homes with a median price of $338,000. The West Park Historic District contains townhouses with a median price of $275,000. Ancient Oaks commands the highest median single family home prices at $525,000.

The cost of living in Allentown is 2.3% above the national average. A family with school-age children needs approximately $108,000 annually to live comfortably, while renters should aim for $62,000. Property taxes in Lehigh County stand at 1.66%, comparable to neighboring Bethlehem and Easton at 1.65%. The Pennsylvania state income tax rate is 3.07%, with a combined state and local sales tax of 6.34%.

Allentown public schools include the A-rated Springhouse Middle School and Parkland High School. Private education options feature the highly-rated Moravian Academy Swain School Campus and St. Thomas More Catholic School. The city sits 60 miles from Philadelphia and 90 miles from New York City, with LANTA bus service providing local public transportation throughout the Lehigh Valley region.

Home Trends in Allentown, PA

Housing Trends

Median Sale Price
$305,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$240,000
Median 2 Bedroom Sale Price
$234,900
Median 1 Bedroom Sale Price
$165,000
Average Price Per Sq Ft
$179
Number of Homes for Sale
213
Last 12 months Home Sales
1,794
Months of Supply
1.40
Median List Price
$300,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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