Discover this well maintained 3-unit investment property, perfectly situated in a strategic location. Each unit boasts 2 bedrooms and 1 bathroom, living room, kitchen and a covered front deck, offering comfortable and spacious living. Currently, Units #1 and #3 are rented, while Unit #2 is vacant and ready for occupancy.
This property presents a unique opportunity: to live in Unit 2 rent-free while the rental income from Units 1 and 3 covers your mortgage. Alternatively, rent out all three units and enjoy a substantial annual income of approximately $54,600. This versatile investment combines convenience, comfort, and excellent financial returns of 11%, aprox. Don't miss out on this exceptional opportunity!
Sold for $492,000
$492,000
763 S 8th St, Allentown, PA 18103
6beds
3,198sqft
Apartment
Built in 1910
-- sqft lot
$521,000 Zestimate®
$154/sqft
$3,428 Estimated rent
Home value
$521,000
$485,000 - $552,000
$3,428/mo
Zestimate® history
Owner options
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$3,428/mo
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$3,428/mo
Rent Zestimate®
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$3,189/mo
Est. payment
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$3,189/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Rosa Ylonka Perez 347-432-0612,
IronValley RE of Lehigh Valley
Bought with:
Rosa Ylonka Perez, RS369794
IronValley RE of Lehigh Valley
Source: GLVR,MLS#: 741659
Originating MLS: Lehigh Valley MLS
Originating MLS: Lehigh Valley MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Description: Unit #1
- Level: First
- Dimensions: 14.00 x 12.00
Bedroom
- Description: Unit #1
- Level: First
- Dimensions: 12.00 x 11.00
Bedroom
- Description: Unit #2
- Level: Second
- Dimensions: 14.00 x 12.00
Bedroom
- Description: Unit #2
- Level: Second
- Dimensions: 12.00 x 11.00
Bedroom
- Description: Unit #3
- Level: Third
- Dimensions: 14.00 x 12.00
Bedroom
- Description: Unit #3
- Level: Third
- Dimensions: 12.00 x 11.00
Other
- Description: Unit #1
- Level: First
- Dimensions: 8.00 x 7.00
Other
- Description: Unit #2
- Level: Second
- Dimensions: 7.00 x 8.00
Other
- Description: Unit #3
- Level: Third
- Dimensions: 8.00 x 7.00
Kitchen
- Description: Unit #1
- Level: First
- Dimensions: 10.00 x 7.00
Kitchen
- Description: Unit #2
- Level: Second
- Dimensions: 10.00 x 7.00
Kitchen
- Description: Unit #3
- Level: Third
- Dimensions: 10.00 x 7.00
Living room
- Description: Unit #1
- Level: First
- Dimensions: 12.00 x 11.00
Living room
- Description: Unit #2
- Level: Second
- Dimensions: 12.00 x 11.00
Living room
- Description: Unit #3
- Level: Third
- Dimensions: 12.00 x 11.00
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Features
- Kitchen Island
- Flooring: Hardwood, Laminate, Resilient
- Basement: Exterior Entry,Full,Walk-Out Access
Interior area
- Total interior livable area: 3,198 sqft
- Finished area above ground: 3,198
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Off Street, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Balcony, Covered, Deck
- Exterior features: Balcony, Deck
- Has view: Yes
- View description: City Lights
Lot
- Size: 2,221 sqft
- Features: Not In Subdivision
Details
- Parcel number: 640616889069 001
- Zoning: Residential
- Special conditions: None
Construction
Type & style
- Home type: Apartment
- Architectural style: Colonial
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick, Stucco, Wood Siding
- Roof: Other
Condition
- Unknown
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership type: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | $492,000$154/sqft |
Source:  GLVR #741659 Report a problem | ||
| 8/15/2024 | Pending sale | $492,000$154/sqft |
Source: GLVR #741659 Report a problem | ||
| 7/15/2024 | Listed for sale | $492,000+343.2%$154/sqft |
Source: GLVR #741659 Report a problem | ||
| 6/3/2016 | Sold | $111,000+126.5%$35/sqft |
Source: GLVR #469993 Report a problem | ||
| 1/7/2000 | Sold | $49,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,911 | $127,000 |
| 2024 | $6,911 | $127,000 |
| 2023 | $6,911 | $127,000 |
| 2022 | $6,911 +3.4% | $127,000 |
| 2021 | $6,686 +1.5% | $127,000 |
| 2020 | $6,584 +11279.7% | $127,000 |
| 2019 | $58 +1.6% | $127,000 |
| 2018 | $57 | $127,000 |
| 2017 | -- | $127,000 |
| 2016 | -- | $127,000 |
| 2015 | -- | $127,000 |
| 2014 | -- | $127,000 +198.8% |
| 2012 | -- | $42,500 |
| 2011 | -- | $42,500 |
| 2010 | -- | $42,500 |
| 2009 | -- | $42,500 |
| 2008 | -- | $42,500 |
| 2007 | -- | $42,500 |
| 2006 | -- | $42,500 |
| 2005 | -- | $42,500 |
| 2004 | -- | $42,500 |
| 2003 | -- | $42,500 |
| 2002 | -- | $42,500 |
| 2000 | -- | $42,500 |
Find assessor info on the county website
Neighborhood: Fairview
Nearby schools
GreatSchools rating
- 3/10Jefferson Elementary SchoolGrades: K-5Distance: 0.1 mi
- 2/10South Mountain Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10William Allen High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Jefferson Elementary School
- Middle: South Mountain Middle School
- High: William Allen High School
- 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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Estimated market value
$521,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$521,000
- Pennsylvania
- Lehigh County
- Allentown
- 18103
- Fairview
- 763 S 8th St
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Nearby neighborhoods
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