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$490,000
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Property Description
Welcome to this 4-unit mixed-use Investment Property being sold with a clear CO. The 3 residential units consist of two, 1BR units that are above the commercial space at 401 N 8th, and a 4BR SFH at 403 N 8th St, all on one parcel. The commercial space renovations are complete and the tenant is moving in July 1st, 2025, making this a prime investment opportunity for someone to begin investing or expand on their current portfolio. Minimal expenses and a high demand location make this property an opportunity to invest in Allentown's thriving rental market. Unit 2, a 1 bedroom unit, is currently vacant and being listed for rent.
Full Property Details
Full Property Details for 401 N Eighth St
General
- Sold For: $490,000
- Taxes: $4,722
- Status: Closed
- Type: Multi-Family
- Source: Lehigh_Valley
- MLS ID: 747103
- Added to Site: 464 day(s) ago
Parking
- Parking Features: No Garage
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Old Allentn Historic
- Driving Directions: Traveling west on W Gordon Street, turn right on to N 8th, property is on your right.
School Information
- Elem School District: Allentown
- Midd School District: Allentown
- High School District: Allentown
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Electric, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 3,876
- Living Area: 3,876 Sq. Ft.
- Year Built: 1885
Lot Features
- Lot Size (Acres): 0.033
- Lot Size (Sq. Ft.): 1,437
- Zoning: R-MH-MEDIUM HIGH DENSITY
Financial Considerations
- Operating Expenses: $12,000
- Tax Amount: $4,722.67
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 549792727835001
Listed by Steel City Realty
Sold by Coldwell Banker Hearthside
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Schools
Schools serving 401 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 | 0.2 mi |
Francis D Raub Middle School 102 South Saint Cloud Street, Allentown, PA 18104 | 6-8 | 1.3 mi |
William Allen High School 106 N 17th St, Allentown, PA 18104 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 N Eighth St
Date
Details
Price
Change
Source
9/26/2025
Sold
$475,000
—
MLS
7/09/2025
Price Reduced
$475,000
-4.81%
MLS
6/18/2025
Price Increased
$499,000
5.05%
MLS
2/18/2025
Price Reduced
$475,000
-4.81%
MLS
11/04/2024
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
401 N 8th Street, Allentown, PA 18102 (MLS# 747103) is a Multi-Family property that was sold at $490,000 on September 26, 2025. Want to learn more about 401 N 8th Street? Do you have questions about finding other Multi-Family real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

