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Investment - Homes for Sale in Allentown, PA

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  • /63

    $849,900

    • 5 Beds
    • 2.5 Baths
    • 4,280 Sq Ft

    1015 W Hamilton St, Allentown, PA 18101

    This versatile 3-unit, mixed-use investment property offers immediate and long-term income potential. The first floor features an established, long-term tenant operating a convenience store, along with a fully equipped vacant kitchen—ideal for expansion or additional revenue opportunities. The tenant-occupied second-floor apartment boasts luxury vinyl plank flooring throughout, three bedrooms, an

    Agent Photo

    Shabana Pathan

    Keller Williams Northampton

    (888) 704-1594

    1015 W Hamilton St, Allentown, PA 18101
  • /37

    $195,000

    • 4 Beds
    • 1 Bath

    232 N Railroad St, Allentown, PA 18102

    Excellent investment opportunity just steps from Allentown’s revitalizing Riverfront district! Spacious 4-bedroom home featuring an updated full bath, modern eat-in kitchen, and original hardwood floors throughout the 2nd and 3rd levels. One walk-through bedroom includes a walk-in closet. Fenced backyard adds tenant appeal. Currently tenant-occupied — great addition to any investment portfolio!

    Agent Photo

    Reema Richie

    Weichert Realtors - Allentown

    (844) 981-3492

    232 N Railroad St, Allentown, PA 18102
  • /15

    $180,000

    • 2 Beds
    • 1 Bath
    • 1,016 Sq Ft

    1014 Hoe St, Allentown, PA 18103

    Welcome to 1014 Hoe Street—a beautifully updated 2-bedroom, 1-bath home blending classic charm with modern upgrades. Originally built in 1898, this home has been thoughtfully renovated from top to bottom, offering peace of mind and low-maintenance living. Step inside to a bright and inviting living room featuring updated flooring, fresh paint, and a large front window that fills the space with

    Agent Photo

    Nick Smith

    Coldwell Banker Hearthside

    (855) 748-8505

    1014 Hoe St, Allentown, PA 18103
  • /32

    $475,000

    • 5 Beds
    • 2.5 Baths
    • 2,244 Sq Ft

    1225 W Walnut St, Allentown, PA 18102

    Historic Victorian Mixed-Use Gem – West Walnut District, Allentown Meticulously restored Victorian in Allentown’s sought-after West Walnut Historic District, steps from downtown. Features 2 updated residential units plus street-level commercial space (currently a beauty salon). Unit 1: 2BR, new marble bath. Unit 2: spacious duplex with mountain views. Both units offer granite kitchens, new

    RJ Timlin RE/MAX Reliance

    1225 W Walnut St, Allentown, PA 18102
  • /42

    $225,000

    • 4 Beds
    • 1.5 Baths
    • 1,432 Sq Ft

    728 N Railroad St, Allentown, PA 18102

    This spacious 4-bedroom, 1.5-bath row home offers flexibility for both homeowners and investors. Currently rented for $1,779.75 per month, providing immediate income, with the tenant responsible for all utilities, keeping owner expenses low and maximizing cash flow. This property is also part of a portfolio of 9 single-family homes available for sale, offering a great opportunity to expand your

    Jennifer de Jesus Steel City Realty

    728 N Railroad St, Allentown, PA 18102
  • /36

    $625,000

    • 3 Beds
    • 3.5 Baths
    • 3,176 Sq Ft

    203 E Emmaus Ave, Allentown, PA 18103

    Step into this eye-catching, nicely built brick property in Salisbury Township—bursting with curb appeal and positioned in a prime, high-visibility location. Constructed in 1992 and maintained with care, it offers an exciting range of mixed-use possibilities for an owner or investor ready to make the most of its potential. The first-floor office includes a spacious reception area, two private

    Anis Atiyeh IronValley RE of Lehigh Valley

    203 E Emmaus Ave, Allentown, PA 18103
  • /5

    $65,500

    • 507 Sq Ft

    531 N Hazel St, Allentown, PA 18102

    **Three-Car Garage for Sale in Allentown – Great Investment Opportunity!** This 3-car garage with new doors, perfectly situated on a wide alley - convenient and accessible - is currently for sale. All three bays are presently rented-out, providing immediate rental income. Whether you're looking to expand your property portfolio or need extra storage space, this garage offers flexibility and

    Faith Brenneisen Keller Williams Allentown

    531 N Hazel St, Allentown, PA 18102
  • /46

    $185,000

    • 3 Beds
    • 1.5 Baths
    • 1,278 Sq Ft

    412 N Penn St, Allentown, PA 18102

    This 2-bedroom, 1.5-bath row home offers flexibility for both homeowners and investors. Currently tenant-occupied at $1,601/month, providing immediate income, with the tenant paying all utilities, keeping owner expenses low. A strong cash-flowing asset. Part of a portfolio of 9 single-family homes available for sale, ideal for expanding your investment portfolio.

    Jennifer de Jesus Steel City Realty

    412 N Penn St, Allentown, PA 18102
  • /19

    $235,000

    • 3 Beds
    • 3 Baths
    • 1,292 Sq Ft

    41 S 4th St, Allentown, PA 18102

    3-bedroom 1 Full 2 half bath townhome offers an excellent turnkey investment opportunity, currently rented to a long-term tenant and producing immediate income. The home offers hardwood flooring throughout, the heating/AC system was replaced in 2024. Lower-level family room has been converted into 3rd bedroom with private half bath.Ideally located near major commuter routes, the property

    Steve Dreisbach HowardHanna TheFrederickGroup

    41 S 4th St, Allentown, PA 18102
  • /36

    $195,000

    • 2 Beds
    • 1 Bath
    • 930 Sq Ft

    938 North St, Allentown, PA 18102

    This 3-bedroom, 1-bath row home offers flexibility for both homeowners and investors. Currently tenant-occupied at $1,345/month, providing immediate income, with the tenant paying all utilities, keeping owner expenses low. A strong cash-flowing asset. Part of a portfolio of 9 single-family homes available for sale, ideal for expanding your investment portfolio.

    Jennifer de Jesus Steel City Realty

    938 North St, Allentown, PA 18102
  • /4

    $285,000

    1350 E Susquehanna St, Allentown, PA 18103

    Prime Residential Development Opportunity in Allentown!Discover 1350 E Susquehanna Street — an approved 8-unit residential lot offering a rare chance to build in one of Allentown’s rapidly growing neighborhoods. This ready-to-develop parcel provides excellent potential for investors, builders, or developers looking to create modern housing in a convenient, well-established area. Enjoy close

    Chiafeng Chuang HomeStarr Realty

    1350 E Susquehanna St, Allentown, PA 18103
  • /21

    $295,000

    917 N 7th St, Allentown, PA 18102

    Welcome to this well-maintained 2-unit property offering immediate cash flow and long-term appreciation—a perfect opportunity for savvy investors or owner-occupants looking to offset their mortgage. Unit 1 features 1 bedroom, 1 full bath, a large living area, and a spacious kitchen with new cabinets and countertops, all tied together with modern vinyl flooring. It includes new windows, a private

    Norma Vargas Century 21 Ramos Realty

    917 N 7th St, Allentown, PA 18102
  • /2

    $359,900

    • 6 Beds
    • 2.5 Baths
    • 2,745 Sq Ft

    613 W Tilghman St, Allentown, PA 18102

    Excellent investment opportunity located at 613 W Tilghman St, Allentown, in a highly visible and convenient area close to downtown Allentown and major transportation routes. This well-maintained multi-family residential property offers strong rental potential and steady income in a growing Lehigh Valley market. The property is situated near shopping, restaurants, schools, and public

    Alpesh Patel IronValley RE of Lehigh Valley

    613 W Tilghman St, Allentown, PA 18102
  • /17

    $169,999

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    508 Park St, Allentown, PA 18102

    *PRICE REDUCED TO MOVE! * SOLD WITH A CLEAR CO* Nestled in the heart of the Old Fairgrounds Historic District on a tree-lined street, this charming three-story brick home blends historic character with modern updates. This is the perfect opportunity to own a home for less than the cost of renting, with annual taxes of just $1,175! Step inside to find an open-concept first floor, where the kitchen

    Christine Stefchak Light House Realty LV LLC

    508 Park St, Allentown, PA 18102
  • /12

    $3,006,500

    • 44 Beds
    • 19 Baths
    • 20,730 Sq Ft

    2531 Appel St, Allentown, PA 18103

    12 Single Family Homes offered in a package deal. Great Investment with room to increase revenue because some are rented below market rent at this time. Many of the units have had upgrades to kitchens and baths, New heating units, New roofs, etc. Parcels in Lehigh County : #1 640515097874 2531 Appel St, Allentown, #2 549648380471 1814 W. Turner Street Allentown, #3 640817771936 18 2nd St

    Jeff Russell JTR Real Estate

    2531 Appel St, Allentown, PA 18103
  • /15

    $364,900

    • 2,328 Sq Ft

    142 N 12th St, Allentown, PA 18102

    Located in the historic Old Allentown Historic District, this THREE-UNIT INVESTMENT property presents a fantastic value-add opportunity for investors or owner-occupants looking to build equity while generating income. With solid fundamentals and potential room to increase rents and reduce expenses over time, this property offers strong opportunity for improved cash flow. The first unit is a

    Maribeth DeGuiseppi HowardHanna TheFrederickGroup

    142 N 12th St, Allentown, PA 18102
  • /42

    $195,000

    • 3 Beds
    • 1 Bath
    • 1,057 Sq Ft

    934 W Pine St, Allentown, PA 18102

    This 3-bedroom, 1-bath row home in Allentown is vacant and ready for immediate occupancy, making it perfect for an owner-occupant or investor looking to place a tenant quickly. A great opportunity to customize or generate rental income right away. This property is also part of a portfolio of 9 single-family homes available for sale, offering added investment potential.

    Jennifer de Jesus Steel City Realty

    934 W Pine St, Allentown, PA 18102
  • /21

    $435,000

    • 4 Beds
    • 3 Baths
    • 2,390 Sq Ft

    139 N 5th St, Allentown, PA 18102

    Group showing nexr Saturday 3/21/26 from 1215-100 Fully occupied, all-brick three-unit investment property generating $40,280 in gross income and $35,075 in net income. The building includes a 3-bedroom/2-bath unit, a 1-bedroom/1-bath unit, and a studio apartment, all leased with staggered expirations extending through 2026, providing strong income stability. Tenants pay all utilities, including

    Joshua Schoenberger EXP Realty LLC

    139 N 5th St, Allentown, PA 18102
  • /9

    $270,000

    • 4 Beds
    • 2 Baths
    • 1,590 Sq Ft

    215 N 10th St, Allentown, PA 18102

    EXCELLENT 2 - UNIT INVESTMENT OPPORTUNITY WITH OFF-STREET PARKING IN ALLENTOWN! Both units are occupied with rents significantly under market, with long-term tenants. The 1st floor unit has been nicely updated, with the 2nd and 3rd floor needing some TLC. Tenants pay for electricity. The 2-car parking in the rear offers extra convenience and desirability for tenants. Centrally located close to

    Susan Audibert BHHS Fox & Roach - Allentown

    215 N 10th 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
  • /24

    $599,900

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

    701 N Jordan St, Allentown, PA 18102

    5 UNITS....TWO buildings for the price of One! THIS IS THE Mixed Use, FIVE 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

    Felix Figueroa Figueroa Real Estate

    701 N Jordan St, Allentown, PA 18102
  • /44

    $225,000

    • 5 Beds
    • 1 Bath
    • 1,220 Sq Ft

    705 N Front St, Allentown, PA 18102

    This spacious 5-bedroom, 1-bath single-family row home offers flexibility for both homeowners and investors. Currently rented for $1,595/month, providing immediate income, with the tenant paying all utilities, keeping owner expenses low and maximizing cash flow. This property is also part of a portfolio of 9 single-family homes available for sale, presenting a great opportunity to expand your

    Jennifer de Jesus Steel City Realty

    705 N Front St, Allentown, PA 18102
  • /22

    $165,000

    • 3 Beds
    • 1 Bath
    • 1,010 Sq Ft

    956 W Maple St, Allentown, PA 18101

    Here is your chance to own a great investment property in Allentown. Tenants pay $1,100 a month and pay all utilities. Property is in good condition and has a fenced in yard. Great property to add to your portfolio or great investment to start with if you don't have investments yet. Schedule your showing today and dont miss out on this great opportunity!

    Kelvin Diaz Allentown City Realty

    956 W Maple St, Allentown, PA 18101
  • /30

    $159,999

    • 3 Beds
    • 1 Bath
    • 920 Sq Ft

    739 N Hazel St, Allentown, PA 18102

    New price $159,999.... Time to start your investment portfolio. You will have a clear CO with this well maintained twin property! Newer windows and hot water heater. Close to schools and new development. Cute front porch, corner lot. Plenty of extra room in the basement. Bring an offer!!

    Mary Schaub IronValley RE of Lehigh Valley

    739 N Hazel St, Allentown, PA 18102
  • /22

    $39,000

    516 N 2nd St, Allentown, PA 18102

    Vacant-lot in prime location in center city Allentown. Currently Leased & used as parking-lot for the church. $1,800/year. Cross the street from the Sheridan Elementary School, Fully paved and 2-entry from the front and back. This vacant-lot used to be a Residential Home but the structure has been removed few years ago. Public Sewer/water is available, there is a sewer line and water hook up on

    Dean Alk Reinvest Real Estate LLC

    516 N 2nd St, Allentown, PA 18102
  • /7

    $180,000

    950 North St, Allentown, PA 18102

    Recently remodeled within the last few months, this well-maintained property offers a strong opportunity for investors. The home is tenant-occupied with a reliable tenant currently in place, providing immediate rental income. Updates include vinyl flooring throughout, giving the interior a clean, modern feel. The property also features a private backyard with a rear parking pad, a valuable bonus

    Yineidy Suriel Signature Lux Realty

    950 North St, Allentown, PA 18102

Home Trends in Allentown, PA

Housing Trends

Median Sale Price
$305,500
Median Single Family Sale Price
$349,900
Median Townhouse Sale Price
$239,900
Median 2 Bedroom Sale Price
$234,900
Average Price Per Sq Ft
$180
Number of Homes for Sale
174
Last 12 months Home Sales
1,812
Months of Supply
1.20
Median List Price
$299,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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