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Pending
  • $575,000

    135 N 8th St, Allentown, PA 18101

    5beds
    2,760sqft
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    Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $560,100 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Classic brick exterior charmHigh ceilings
    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 landlord expenses low and limited to taxes, insurance, and water/sewer/trash. Located in the heart of the Old Allentown Historic District, the building offers classic brick exterior charm with high ceilings, while the units have been updated to meet modern tenant expectations. The location provides easy access to local dining, entertainment, and ongoing development in downtown Allentown, supporting long-term rental demand. The property will be delivered with a clear Certificate of Occupancy from the City of Allentown, adding confidence for buyers. Showings will be limited to accommodate tenants. Seller is also offering 106 N 8th Street, located just one block away, creating an opportunity for a portfolio purchase. 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.
    94 days
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    24
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Akinlana Popoola 610-735-6082,

    EXP Realty LLC 888-397-7352

    Source: GLVR,MLS#: 775076MLS LogoOriginating MLS: Lehigh Valley MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard
      Cooling
      • Wall/Window Unit(s)
      Interior area
      • Total interior livable area: 2,760 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 3
      Lot
      • Size: 2,221 Square Feet
      • Dimensions: 18.5 x 120
      Details
      • Parcel number: 640701216295 1
      • Zoning: B-2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Brick
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Not in Development
      Location
      • Region: Allentown

      Financial & listing details

      • Price per square foot: $208/sqft
      • Tax assessed value: $125,700
      • Annual tax amount: $4,058
      • Date on market: 4/17/2026
      • Cumulative days on market: 95 days

        Estimated market value

        $560,100

        $532,000 - $588,000

        $1,571/mo

        Price history

        DateEventPrice
        5/18/2026Pending sale$575,000$208/sqft
        Source: GLVR #775076 Report a problem
        4/17/2026Listed for sale$575,000+720.3%$208/sqft
        Source: GLVR #775076 Report a problem
        6/22/2012Sold$70,100-5.9%$25/sqft
        Source: Public Record Report a problem
        5/25/2012Price change$74,500-0.5%$27/sqft
        Source: ERA Rudy Amelio Real Estate #422940 Report a problem
        2/29/2012Price change$74,900-11.8%$27/sqft
        Source: ERA Rudy Amelio Real Estate #422940 Report a problem
        1/17/2012Listed for sale$84,900+58.1%$31/sqft
        Source: ERA Rudy Amelio Real Estate #422940 Report a problem
        12/20/2011Sold$53,699-0.6%$19/sqft
        Source: Public Record Report a problem
        11/5/2011Listed for sale$54,000-71.5%$20/sqft
        Source: Altisource Portfolio Solutions Report a problem
        8/13/2011Listing removed$189,400$69/sqft
        Source: Regency Real Estate, Inc. DBA Prudential Regency Real Estate #297796 Report a problem
        2/2/2011Price change$189,400-0.3%$69/sqft
        Source: Regency Real Estate, Inc. DBA Prudential Regency Real Estate #297796 Report a problem
        12/4/2010Listed for sale$189,900+17.1%$69/sqft
        Source: Regency Real Estate, Inc. DBA Prudential Regency Real Estate #297796 Report a problem
        7/18/2005Sold$162,180+305.4%$59/sqft
        Source: Public Record Report a problem
        5/22/1998Sold$40,000$14/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,840 $125,700
        2024$6,840 $125,700
        2023$6,840 $125,700
        2022$6,840 +3.4%$125,700
        2021$6,618 +1.5%$125,700
        2020$6,517 +11279.2%$125,700
        2019$57 +1.6%$125,700
        2018$56 $125,700
        2017-- $125,700
        2016-- $125,700
        2015-- $125,700
        2014-- $125,700 +172.7%
        2012-- $46,100
        2011-- $46,100
        2010-- $46,100
        2009-- $46,100
        2008-- $46,100
        2007-- $46,100
        2006-- $46,100
        2005-- $46,100
        2004-- $46,100
        2003-- $46,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Allentown Historic District

        Getting around

        95 / 100
        Walker's Paradise
        47 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Allentown

        Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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