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Allentown, PA Multifamily Homes & Duplexes for Sale

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  • /33

    $324,900

    • 2,036 Sq Ft

    1201 Lehigh Ave, Allentown, PA 18103

    Prime Income-Generating OpportunityThis well-maintained two-unit apartment complex is an excellent addition to any investment portfolio. Conveniently located just 5 minutes from downtown Allentown and close to major attractions, both units are currently leased and generating steady rental income.The first-floor unit features two spacious bedrooms, hardwood floors, a large eat-in

    Maria Mancuso Smart Way America Realty

    1201 Lehigh Ave, Allentown, PA 18103
  • /17

    $3,300,000

    • Studio
    • 12,900 Sq Ft

    1327-1331 W Chew St, Allentown, PA 18102

    1327-1331 W Chew St is a 48-bed mixed-use asset in Allentown, PA.1327–1331 W Chew Street is comprised of 48 bedrooms and nine bathrooms. The property includes a commercial lease for the ground-floor bar/restaurant space, offering stable income at $3,500 per month. The tenant is responsible for 100 percent of the common area maintenance. Importantly, the lease contains a clause requiring the

    Phil Sharrow Scope Commercial Real Estate Services, Inc.

    1327-1331 W Chew St, Allentown, PA 18102
  • /7

    $340,000

    • Studio
    • 2,478 Sq Ft

    944 W Walnut St, Allentown, PA 18102

    Duplex Investment – Fully Occupied & Income-ProducingExcellent opportunity to acquire a fully occupied duplex in a high-demand rental area. This turnkey investment offers immediate cash flow with stable, long-term tenants in place. Located within walking distance to retail, restaurants, and essential amenities, the property boasts strong tenant appeal. Both units are well-maintained, and the area

    Dionne Forrester Keller Williams Realty - Cherry Hill

    944 W Walnut St, Allentown, PA 18102
  • /33

    $415,000

    • Studio
    • 2,812 Sq Ft

    348 N 6th St, Allentown, PA 18102

    Fantastic quadraplex featuring three 2 bedroom units with an additional large commercial space that has untapped revenue potential on the first floor. All residential units have updated kitchens and baths. Commercial space was previously converted to an apartment but is not legally a residential space. All units have gas heat, and both gas and electric are metered separately. Tons of potential

    Alison Simon KW Empower

    348 N 6th St, Allentown, PA 18102
  • /51

    $849,900

    • 5 Beds
    • 4.5 Baths

    349 Hanover Ave Unit 353, Allentown, PA 18109

    Completed at the end of 2023 this completely redone 4 unit building is the pride of East Allentown. This building was stripped to the bones and rebuilt into 4 luxury apartments. Each unit is equipped with hardwood floors, recess lighting, new kitchens, bathrooms and appliances. Each unit has a dishwasher, in unit laundry and mini split heat pumps that serve both heating and cooling. Along with

    Cliff Lewis Coldwell Banker Hearthside

    349 Hanover Ave Unit 353, Allentown, PA 18109
  • /44

    $795,000

    • 6,230 Sq Ft

    2115 Union Blvd, Allentown, PA 18109

    Triple Net Investment opportunity. Tenant in place since 2003! 3 years left on lease (tenant would sign for longer)Minimal landlord responsibility (roof, structure, windows and doors only) Tenant pays for taxes, insurance and CAM. Lifts and most equipment owned by Landlord (inquire for equipment list). High traffic, over 15k vehicles per day. Property consist of a large waiting area, shop with

    Robert Velez KW Commercial - Northampton

    2115 Union Blvd, Allentown, PA 18109
  • /31

    $650,000

    • 3 Beds
    • 4 Baths
    • 2,876 Sq Ft

    1102 Hanover Ave, Allentown, PA 18109

    This free-standing corner commercial building offers a fantastic investment opportunity, featuring a prime location with the established retail business East Side Smoke Shop and two tenant-occupied apartments, generating steady income. The property boasts significant potential for business expansion, either by enlarging the current retail operation or introducing a new business venture in the

    Shannon Milander Weichert Realtors - Allentown

    1102 Hanover Ave, Allentown, PA 18109
  • /2

    $320,000

    • 1,140 Sq Ft

    809 W Tilghman St, Allentown, PA 18102

    Great Investment Opportunity in Center city Allentown whether you're a first time investor or a seasoned investor looking to add to your portfolio. This well-maintained, fully occupied investment offers great income with the potential for more. The first floor unit is a 1 bedroom with a finished basement which includes a washer/dryer. The 2nd floor unit is a potential 3 bedroom with a balcony.

    Kemba George NZO Realty

    809 W Tilghman St, Allentown, PA 18102
  • /15

    $1,399,999

    • 20,042 Sq Ft

    730 W Hamilton St, Allentown, PA 18101

    Location!! Don't miss the prime re-developemnt opportunity! Great opportunity to be part of the downtown Allentown revitalization and own a property in the NIZ (Neighborhood Improvement Zone). This building consists of 4 floors and a full basement. Each floor is approximately 5,000 SF for a total of 20,042 SF above grade and additional approximately 5,000 SF below grade which is mostly finished

    Andrew Ginsburg BHHS Regency Real Estate

    730 W Hamilton St, Allentown, PA 18101
  • /4

    $1,190,000

    • 15,729 Sq Ft

    157 Hamilton St, Allentown, PA 18101

    Here's your chance to be part of the Downtown Allentown Redevelopment!! This 15,729 Sq. Ft. 3 story commercial building is located between both revitalization areas of Allentown - Center City and The Waterfront. 1st floor has 12' ceilinged a freight elevator. 2nd floor has 10.5' ceilings and the 3rd floor has 9' ceilings. Great opportunity for a business owner or investor!. New mural on side of

    Andrew Ginsburg BHHS Regency Real Estate

    157 Hamilton St, Allentown, PA 18101
  • /4

    $129,900

    • 2,115 Sq Ft

    454 W Liberty St, Allentown, PA 18102

    Great restoration opportunity to own the former location of the End Zone bar/restaurant. Buyer to check with City of Allentown zoning about continuing the use or a possible conversion. Land use type on tax record is Bar Or Taproom Includes Country Style Hotel. Property also features large garage/warehouse on the lower level. This property is a must see!

    Andrew Ginsburg BHHS Regency Real Estate

    454 W Liberty St, Allentown, PA 18102
  • /14

    $799,900

    • 10,021 Sq Ft

    625 Hamilton St, Allentown, PA 18101

    Location! Great opportunity to be part of the downtown Allentown revitalization and own a property in the NIZ (Neighborhood Improvement Zone). This opportunity which includes both 623 and 625 Hamilton Street is just steps from the new PPL Arena and surrounded by over 1 Billion Dollars of new development. The rear of the property backs up directly onto the new Arts Walk. Owner has approved plans

    Andrew Ginsburg BHHS Regency Real Estate

    625 Hamilton St, Allentown, PA 18101
  • /20

    $2,449,000

    • 17 Beds
    • 14 Baths
    • 12,214 Sq Ft

    134 N 7th St, Allentown, PA 18101

    Property sold with Clear CO!! Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 15 Units - 12 Residential Units and 3 commercial spaces. Because of its proximity to the new Downtown development this property is a great opportunity for a developer to demo/repurpose the building or renovate what’s existing and raise

    Andrew Ginsburg BHHS Regency Real Estate

    134 N 7th 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
$350,000
Median Single Family Sale Price
$348,500
Median Townhouse Sale Price
$395,000
Average Price Per Sq Ft
$194
Number of Homes for Sale
24
Last 12 months Home Sales
394
Months of Supply
0.70
Median List Price
$362,400
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
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