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$575,000 Just Listed
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Property Description
Annual Income: $61,020.00 Net Operating Income (NOI): $48,499.06. Prime Investment Opportunity: Turn-Key 4-Unit 100% occupied Brick Multi-Family in Allentown. Presenting a meticulously maintained, all-brick 4-unit residential building located in the heart of Allentown at 135 N 8th Street. This property offers a robust mix of units and consistent cash flow, making it an ideal addition to a savvy investor's portfolio or a perfect house-hacking opportunity. Right in the heart of the Old Allentown Historic District. Situated just one minute from the vibrant center of Allentown, this property offers a rare combination of historical charm and steady cash flow in one of the city's most sought-after rental corridors.Property Overview This fully occupied multi-family building is a turnkey opportunity for seasoned investors or those looking to expand their portfolio in a high-demand areaFinancial Performance :efficient Expense Ratio: Low owner-paid utilities and well-managed operating costs. Unit Breakdown & Revenue The building features a diverse unit mix to maximize occupancy and appeal to a wide range of tenants. Property Features & Updates Solid Construction: Classic all-brick exterior provides durability and timeless curb appeal with minimal maintenance.Prime Location: Situated in the 18102 zip code, tenants enjoy easy access to downtown Allentown's amenities, dining, and public transportation.Proven Track Record: Conservative 5% vacancy is already factored into the financial projections, showing a high-performing asset.Investment Summary with a Net Profit of over $48,000 annually, this property stands out as a high-yield asset in a growing market. The heavy lifting has been done-bring your portfolio to the next level with this stable, brick-and-mortar investment.Schedule your private showing today and secure your position in the Allentown rental market. Seller has a lot more properties to sell. 106 N 8th is also listed-1 block away. Looking to expand your portfolio? Like this property all of his properties are fully occupied and all are renovated--not a rug in any of them! Showings will be limited to accomadate tenants. Property will be sold with a cleared CO from the city of Allentown!
Full Property Details
Full Property Details for 135 N Eighth St
General
- Price: $575,000
- Taxes: $4,029 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PALH2015224
- Updated: 4/22/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Ceramic Tile, Engineered Wood, Luxury Vinyl Plank
Parking
- Parking Type: On Street
Location
- Area: Allentown City (12302)
- Municipality: ALLENTOWN CITY
- County: LEHIGH
- Driving Directions: Take 7th st to Linden st, make a right onto Linden. Then go to 8th st make a right onto n 8th--go to 135 N 8th
School Information
- School District: Allentown
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Brick
- Foundation: Brick/Mortar, Stone, Concrete Perimeter
- Roof: Architectural Shingle
- Sq. Ft. Source: Assessor
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,220
- Lot Size Source: Assessor
- Lot Dimensions: 19.00 x 120.00
- Zoning: B-2
Financial Considerations
- Assessment Year: 2025
- School Tax: $2,846
- City/TownTax: $708
- City/TownTax Freq: Annually
- County Tax: $475
- County Tax Freq: Annually
- Tax w/Assessment: $125,700
- Tax Amount: $4,029
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 42
Listed by eXp Commercial, james J Reardon
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Schools
Schools serving 135 N Eighth St
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Central El School, Allentown, PA 829 West Turner Street, Allentown, PA 18102 | 1-5 | 0.1 mi |
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 1.2 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 1.1 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 135 N Eighth St
Date
Details
Price
Change
Source
4/22/2026
Listed
$575,000
—
MLS
Disclaimer: Historical sales 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 135 N Eighth St
135 N 8th Street, Allentown, PA 18102 (MLS# PALH2015224) is a Single Family property with 0 bedrooms and 0 full bathrooms. 135 N 8th Street is currently listed for $575,000 and was received on April 22, 2026. Want to learn more about 135 N 8th Street? Do you have questions about finding other Single Family real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

