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$375,000
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Property Description
*Investment Opportunity* Welcome to this lucrative investment opportunity nestled in a prime rental location. This 2-unit property promises not only substantial strong rental income but also desirable amenities, making it an ideal addition to any investor's portfolio. The first floor unit is recently vacant and renovated with newer appliances. The unit was being rented for $1500. The occupied second unit offer a spacious renovated 3-bedroom/2-full baths spread between 2nd and 3rd floors. This unit which consists of a practical kitchen and laundry hook ups, is being rented for $1,785. It offers a total net income of $39,420 resulting in an impressive cap rate over 10%! Located in a high-demand rental area, this property minimizes the risk of prolonged vacancies contributing to sustained profitability. You also have the flexibility to owner-occupy one unit & keep one unit rented. Owner is moving out of state and has really invested in this property especially with renovations in the first floor unit and recent complete roof replacement in 2026. Seize this opportunity to acquire a lucrative investment property with substantial income potential. Whether you're a seasoned investor or exploring your first venture, this property promises attractive returns & enduring value. Schedule a viewing today & unlock the possibilities of real estate investment success!
Full Property Details
Full Property Details for 614 N Eighth St
General
- Price: $375,000
- HOA FEE: $750
- Taxes: $2,558
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 782273
- Updated: 8/14/2026
- Added to Site: 9 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Total Spaces: 2
- Parking Features: Parking Pad
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Cross Streets: W. Allen St.
- Driving Directions: W on Tilghman - L on 7th - R on Allen - R on 8th
School Information
- Elem School District: Allentown
- Midd School District: Allentown
- High School District: Allentown
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 2,316
- Living Area: 2,316 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.046
- Lot Size (Sq. Ft.): 2,012
- Lot Size Source: Public Records
- Zoning: R-Mh-Medium High Density
Financial Considerations
- Maint. Fee: $750
- Operating Expenses: $2,000
- Tax Amount: $2,558.87
Disclosures and Reports
- Property ID: 549793233003 1
Listed by Coldwell Banker Hearthside
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Schools
Schools serving 614 N Eighth St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Luis A. Ramos El School 1430 West Allen Street, Allentown, PA 18102 | K-5 | 0.8 mi |
Trexler Middle School 851 North 15th Street, Allentown, PA 18102 | 6-8 | 0.8 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 614 N Eighth St
Date
Details
Price
Change
Source
8/13/2026
Listed
$375,000
27.12%
MLS
5/10/2024
Sold
$295,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 614 N Eighth St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,559
1%
$78,700
—
2025
$2,541
—
$78,700
—
2024
$2,541
—
$78,700
—
2023
$2,541
-36%
$78,700
—
2022
$3,973
71%
$78,700
—
2019
$2,327
—
$78,700
—
2020
$2,338
2%
$78,700
—
2019
$2,300
7%
$78,700
—
2018
$2,149
3%
$78,700
—
2017
$2,095
—
$78,700
—
2016
$2,098
—
$78,700
—
2015
$2,099
-33%
$78,700
—
2014
$3,114
—
$78,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 614 N Eighth St
614 N 8th Street, Allentown City, PA 18102 (MLS# 782273) is a Apartment property with 5 bedrooms and 3 full bathrooms. 614 N 8th Street is currently listed for $375,000 and was received on August 13, 2026. Want to learn more about 614 N 8th Street? Do you have questions about finding other Apartment real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.

