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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

    $185,000

    • 4 Beds
    • 1 Bath
    • 1,037 Sq Ft

    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
  • /44

    $164,900

    • 3 Beds
    • 1 Bath
    • 1,536 Sq Ft

    120 N Poplar St, Allentown, PA 18102

    ** Very Competitive Price Improvement Made** Excellent Investment Opportunity in the Heart of this Emerging City! Nestled on a less traveled street, surrounded by the rich history of Old Allentown and the exciting variety of new hotels, restaurants and entertainment all within a short distance. Parks, the public library and excellent access to public transportation all add to the appeal for

    Heather Santee EXP Realty LLC

    120 N Poplar St, Allentown, PA 18102
  • /66

    $255,000

    • 5 Beds
    • 3 Baths
    • 2,126 Sq Ft

    534 W Tilghman St, Allentown, PA 18102

    534 W Tilghman street is a Historic building. Spacious Allentown property featuring 5 bedrooms and 3 full bathrooms, offering plenty of room for comfortable living, has new flooring, painting, has three water heaters installed 2025/2026, two heating system and has three electric panel one for stairs and basement and one for each unit. This home includes a separate apartment entrance, giving you

    Jumana Yousef BHGRE Valley Partners-Allentwn

    534 W Tilghman St, Allentown, PA 18102
  • /19

    $300,000

    • 1,992 Sq Ft

    219 S Madison St, Allentown, PA 18102

    Great opportunity to own a fully occupied 3-unit investment property with steady rental income and long-term tenants already in place. This property features two 1 bedroom units, and a well set up studio unit. Property is an ideal value-add opportunity for investors looking to improve equity over time. Landlord pays efficient gas heat for the building, which keeps tenants warm with economical

    Nick Spade Spade Property Management Inc.

    219 S Madison 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
  • /22

    $269,999

    • 3 Beds
    • 1 Bath
    • 1,528 Sq Ft

    824 W Gordon St, Allentown, PA 18102

    Welcome to 824 W Gordon Street — a spacious end-row single-family home in the heart of Allentown. This 3-bedroom, 1-bath property offers 1,528 square feet of living space, providing plenty of room to live, grow, or invest. As an end unit, this home benefits from added natural light and extra privacy. Inside, you’ll find a functional layout with generously sized bedrooms and ample living space.

    Jesus Olivares I-Do Real Estate

    824 W Gordon St, Allentown, PA 18102
  • /30

    $284,900

    • 2 Beds
    • 2 Baths
    • 2,010 Sq Ft

    1144 W Allen St, Allentown, PA 18102

    Great price for this Updated 2-Unit property located in great location in the fast-growing Allentown City. Investment opportunity OR Live in one and rent the other. A potential gross income of $24,000/year with over 8.4% Cap rate. 1st Unit is vacant, clean and ready to get the highest market rent. 2nd unit is tenant occupied with Month-Month lease. Centrally located near Downtown Allentown and

    Dean Alk Reinvest Real Estate LLC

    1144 W Allen St, Allentown, PA 18102
  • /23

    $239,900

    • 3 Beds
    • 1 Bath
    • 1,281 Sq Ft

    274 E Elm St, Allentown, PA 18109

    This property presents a solid investment opportunity on Allentown’s East Side, offering strong rental potential and long-term value growth. The home features a practical, well-designed layout with comfortable living areas, an updated and functional kitchen, and well-proportioned bedrooms, including a finished attic that adds valuable flexibility for occupants. Recent improvements and efficient

    Heather Kidd Howard Hanna The Frederick Group

    274 E Elm St, Allentown, PA 18109
  • /31

    $289,900

    • 4 Beds
    • 1.5 Baths
    • 2,545 Sq Ft

    642 Sherman St, Allentown, PA 18109

    Welcome to this spacious and well-maintained 2.5-story attached single-family home located in the heart of Allentown. Offering a great blend of character, functionality, and modern updates, this home features updated kitchen and bathroom spaces, generously sized bedrooms, and a large living room designed for comfortable everyday living and entertaining alike. The partially finished lower level

    Dale Kessler Realty 365

    642 Sherman St, Allentown, PA 18109
  • /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
  • /19

    $775,000

    • 7 Beds
    • 6 Baths
    • 3,200 Sq Ft

    106 N Eighth St, Allentown, PA 18101

    Fully occupied five-unit investment property generating $82,800 in gross income and $73,280 in net income. The asset features a balanced unit mix of two 2-bedroom apartments and three 1-bedroom apartments, providing consistent rental demand and stable cash flow. The property is 100% occupied, offering immediate income from day one. Tenants pay all utilities except water/sewer, creating a

    Akinlana Popoola EXP Realty LLC

    106 N Eighth St, Allentown, PA 18101
  • /17

    $340,000

    • 5 Beds
    • 2 Baths
    • 2,060 Sq Ft

    43 S 13th St, Allentown, PA 18102

    This 2 unit investment property will not last long and is perfect for a live in owner or seasoned investor. One unit open for ease of showings and for live in owner option. Property features two well sized units. First floor is a 2 bed 1 bath with a new kitchen and granite countertops. Second floor is a 3 bed 1 bath with a new kitchen and granite countertops. There is plank flooring and tile

    Nick Spade Spade Property Management Inc.

    43 S 13th St, Allentown, PA 18102
  • /23

    $380,000

    • 4 Beds
    • 1.5 Baths
    • 4,444 Sq Ft

    2413 S Church St, Allentown, PA 18103

    Welcome to this spacious 4-bedroom, 2-bath home in the highly desirable South Mountain section of Allentown!Offering incredible potential and set in a well-established neighborhood, this property is perfect for buyers looking for value, convenience, and room to grow. Step inside to find generously sized bedrooms, two full bathrooms, and a layout ready for your personal touch. The home

    Jennifer Schwartz CENTURY 21 Keim Realtors

    2413 S Church St, Allentown, PA 18103
  • /12

    $197,000

    333 N Madison St, Allentown, PA 18102

    Turnkey investment opportunity! Solid all-brick end-of-row single-family home featuring 4 bedrooms and 1 full bath (4th bedroom is a walk-thru), being sold fully rented and offering immediate cash flow from day one. This spacious multi-level property offers generously sized bedrooms, high ceilings, and a functional layout that supports strong rental demand. The main level includes a living and

    Bradford Hutchinson VRA Realty

    333 N Madison 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
  • /9

    $305,000

    19 S Madison St, Allentown, PA 18102

    Group showing on 5/8, Friday 1pm,and 5/16 Saturday 5pm. Welcome to this fully occupied 2-unit investment property offering immediate cash flow and long-term appreciation—a perfect opportunity for savvy investors or owner-occupants looking to offset their mortgage. This place has a new water heater and has been recently renovated. Unit 1 is a 2 Bedroom unit and is rented for $1,150 per month and

    Hong yan Dai IronValley RE of Lehigh Valley

    19 S Madison St, Allentown, PA 18102
  • /16

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,816 Sq Ft

    325 N 10th St, Allentown, PA 18102

    Get Ready to be impressed by this completely turnkey, remodeled property! This 2 unit is located in the City of Allentown and ready for its next owner occupant or investor. When looking for an investment property , low taxes are a plus. This property only has taxes of $2517 !!! Yes, the exterior of this building is a restored historic structure, but the interior of both units have been completely

    Felix Figueroa Figueroa Real Estate

    325 N 10th St, Allentown, PA 18102
  • /56

    $425,000

    • Studio

    318 320 N 7th St, Allentown, PA 18102

    Well-located, stabilized three-unit multifamily investment generating $44,341 in gross income and $39,575 in net operating income. The asset consists of two separate structures—a standalone single-family residence at 318 and a detached two-unit building at 320—offering clear operational separation and long-term flexibility. The unit mix includes two 2-bedroom/1-bath units and one 1-bedroom/1-bath

    James Reardon eXp Commercial

    318 320 N 7th 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
  • /12

    $2,741,500

    • 41 Beds
    • 18 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
  • /14

    $415,000

    • 3 Beds
    • 3 Baths
    • 2,205 Sq Ft

    744 N 5th St, Allentown, PA 18102

    Fully occupied three-unit investment opportunity generating $40,500 in gross income and $33,933 in net income, offering immediate cash flow with additional upside. The property consists of three spacious 1-bedroom units, a proven and efficient unit mix supported by consistent rental demand in the area. All units are currently occupied on month-to-month leases, providing a new owner with full

    Akinlana Popoola EXP Realty LLC

    744 N 5th St, Allentown, PA 18102
  • /2

    $359,000

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft

    1342 S Howard St, Allentown, PA 18103

    Solid income-producing two-unit duplex in Allentown featuring an up-and-down layout with matching floor plans, making management and maintenance straightforward. This property is ideal for investors looking to build long-term wealth through rental income and appreciation. Each unit offers functional living space, and the property includes a fenced-in yard, adding value and appeal for tenants.

    Joe Trymbiski Coldwell Banker Hearthside-Doylestown

    1342 S Howard St, Allentown, PA 18103
  • /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 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. Tenant is leased through 4/2027.

    Jennifer de Jesus Steel City Realty

    934 W Pine St, Allentown, PA 18102
  • /55

    $499,900

    • 4 Beds
    • 2 Baths
    • 2,596 Sq Ft

    623 E Hamilton St, Allentown, PA 18109

    Spacious Cape Cod offering 4 bedrooms and 2 full bathrooms, thoughtfully designed for comfortable living. Main floor offers large eat in kitchen, large dining and living room areas. Main floor full bathroom in addition to two nice sized bedrooms. Hardwood flooring runs throughout the main floor. 2nd floor has a large amount of storage and two additional bedrooms. This home features a finished

    Andrea Arner Dean R. Arner Real Estate Co.

    623 E Hamilton St, Allentown, PA 18109
  • /28

    $179,900

    • 4 Beds
    • 1.5 Baths
    • 1,520 Sq Ft

    440 N 4th St, Allentown, PA 18102

    Don't miss out on this great investment opportunity. Large 4 bedroom, 1.5 bath house. Nice covered rear patio area for entertaining and off street parking. Gas heat system replaced in 2021. Newer gas water heater. Tenants pay all utilities. Rent has room to increase.

    Eric Luckenbach Plaza Realty

    440 N 4th 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
  • /5

    $1,495,000

    • 51 Beds
    • 44 Baths
    • 34,320 Sq Ft

    19 N 11th St, Allentown, PA 18101

    A rare opportunity to acquire a Fully Approved Multifamily Development opportunity located at the corner of Hamilton Street and North 11th Street in Center City Allentown. The project consists of 43 residential units and 1 ground-floor commercial space, designed as a five-story, highly efficient building featuring a double-loaded corridor layout and modern urban façade. The project is currently

    Andrew Ginsburg BHHS Regency Real Estate

    19 N 11th St, Allentown, PA 18101
  • /14

    $575,000

    • 5 Beds
    • 4 Baths
    • 2,760 Sq Ft

    135 N 8th St, Allentown, PA 18101

    Fully occupied four-unit investment property generating $61,020 in gross income and $50,332 in net income. The asset features a diverse unit mix of one studio, two 1-bedroom units, and one 2-bedroom unit, supporting consistent tenant demand and stable cash flow. The property is 100% occupied, providing immediate income from day one. Tenants pay all utilities except water/sewer/trash, keeping

    Akinlana Popoola EXP Realty LLC

    135 N 8th St, Allentown, PA 18101
  • /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
  • /29

    $425,000

    • 5 Beds
    • 3 Baths
    • 2,260 Sq Ft

    318 N 7th St Unit 320, Allentown, PA 18102

    Center City Allentown! Here is stabilized three-unit multifamily investment generating a potential of $46641 in gross income and $40,575 in net operating income. The asset consists of two separate structures—a standalone single-family residence at 318 and a detached two-unit building at 320—offering clear operational separation and long-term flexibility. The unit mix includes two 2-bedroom/1-bath

    Joshua Schoenberger EXP Realty LLC

    318 N 7th St Unit 320, Allentown, PA 18102
  • /90

    $325,000

    • 5 Beds
    • 3 Baths
    • 2,610 Sq Ft

    424 N 6th St, Allentown, PA 18102

    Fully Occupied 3-Unit Investment Property with Parking – Allentown, PA Excellent opportunity to own a fully leased 3-unit building in Allentown with off-street parking. Unit 2 pays all utilities, while the landlord currently covers water, sewer, and trash for Units 1 and 3—offering a clear path to increase cash flow by shifting utilities to tenants at renewal. A strong value-add opportunity with

    Jennifer de Jesus Steel City Realty

    424 N 6th St, Allentown, PA 18102
  • /58

    $875,000

    • 5 Beds
    • 3 Baths
    • 3,840 Sq Ft

    2534 Lapp Rd, Allentown, PA 18104

    TIMELESS CHARM ABOUNDS...Step into timeless charm with this beautifully preserved 1854 historic farmhouse, where classic character meets modern comfort. Nestled on 3.59 scenic acres, this meticulously maintained, move-in ready property offers a rare blend of space, versatility, and income potential. Inside, you'll find thoughtfully updated modern amenities that complement the home's original

    MICHAEL VASSALLO Weichert Realtors - Allentown

    2534 Lapp Rd, Allentown, PA 18104
  • /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
$310,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$242,000
Median 2 Bedroom Sale Price
$245,375
Average Price Per Sq Ft
$180
Number of Homes for Sale
154
Last 12 months Home Sales
1,805
Months of Supply
1.00
Median List Price
$306,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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