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Allentown, PA Multifamily Homes & Duplexes for Sale

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  • /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

    $320,000 Open Sun 11AM - 1PM

    • 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

    Dionne Forrester Keller Williams Realty - Cherry Hill

    944 W Walnut 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
  • /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

    $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

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
$310,000
Median Single Family Sale Price
$350,450
Median Townhouse Sale Price
$235,000
Median 2 Bedroom Sale Price
$234,900
Median 1 Bedroom Sale Price
$165,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
226
Last 12 months Home Sales
1,829
Months of Supply
1.50
Median List Price
$304,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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