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Property view

106 N 8th Street, 
Allentown City, PA 18102

$725,000


7

Beds


6

Baths


3,200

Sq Ft


Multi-Family

Sold

Listed by

Akinlana Popoola

Bought with NON MBR Office

eXp Realty LLC.

MLS#

775074

Source:

PA LVAR

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About This Home

106 N 8th Street

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 low-expense structure with landlord responsibilities limited to taxes, insurance, and water/sewer. Located in the heart of the Old Allentown Historic District, the building offers classic brick exterior charm with updated units suited for modern tenants. The area provides easy access to local dining, entertainment, and ongoing developments transforming the Allentown skyline, supporting long-term tenant demand. The property will be delivered with a clear Certificate of Occupancy from the City of Allentown, providing added confidence for buyers. Showings will be limited to accommodate tenants. Seller is also offering 135 N 8th Street, located just one block away, presenting a potential portfolio acquisition opportunity. With strong in-place income, low operating expenses, and a prime location, this property is well suited for investors seeking stable cash flow and long-term performance in a high-demand rental market.

Home Facts

Multi-Family

6 Baths

7 Bedrooms

Built in 1900

Subdivision & Development:

Not in Development

Price Summary

775,000

$242 per Sq. Ft.

MLS #:

775074

Sold:

July 9, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

3,200 Sq. Ft.


Structure

Structure

Building Area:

3,200 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

2,762


Finances & Disclosures

Finances

Price:

$775,000

Price per Sq. Ft:

$242 per Sq. Ft.

Source:PA LVAR
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