347 N 8TH STREET, ALLENTOWN, PA 18102
LEHIGH County
Key Facts
Description
Excellent fully occupied mixed-use investment opportunity in the heart of Allentown! This income-producing property features a commercial storefront along with three residential units, offering strong cash flow potential and diversified income streams. The building includes: • Commercial space on the ground level • 1-bedroom apartment on the 1st floor • Spacious 2-bedroom apartment with balcony access on the 1st floor • Top floor 2-bedroom apartment Located in a prime area with strong rental demand and close proximity to downtown Allentown, major routes, shopping, restaurants, and local amenities. Ideal opportunity for investors looking to expand their portfolio with a stabilized asset.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Structure Type
Townhouse
Year Built
1900
Living Area
4,320 sq ft
Lot Size
0.06 acres
Lot Dimensions
22.00 x 110.00
Garage Spaces
2
Parking Spaces
2
Zoning
R-MH
Days on Market
20
MLS® Listing#
PALH2015670
Property Features
Interior
Appliances
Cooling
Heating
Basement
Pool
Parking
Construction
Foundation
Roof
Community
Sewer
Water Source
Schools
- Elementary:
- CENTRAL
- Middle:
- FRANCIS D RAUB
- High:
- WILLIAM ALLEN
- District:
- ALLENTOWN
Financial Details
Annual Taxes
$6,043
Tax year 2025
Assessed Value
$187,300
Parcel Number
549792823193-00001
Directions
once on 8th st drive down to 8th and gordon property is on the corner to the right.
Affordability Calculator
$129,980
Estimated monthly payment
$3,459/mo
Principal $519,920 · Est. interest $725,335 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in ALLENTOWN, PA
- $373,684
- Median Listing Price
- 43
- Median Days on Market
- 1,871
- Median Sq Ft
- $173
- Median Price / Sq Ft
- 55
- Active Listings
- This home’s price is 74% above the area median.
- Its price per sq ft is 13% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in ALLENTOWN, PA.
Location
- 347 N 8TH STREET, ALLENTOWN, PA 18102
Points of Interest in ALLENTOWN, PA
Showing the ALLENTOWN area map.
Nearby Schools
Central Elementary School
Elementary · 0.2 mi away
Grace Montessori School
Elementary · 0.3 mi away
Sacred Heart Regional School
School · 0.5 mi away
Central Catholic High School
Secondary · 0.5 mi away
McKinley Elementary School
Elementary · 0.5 mi away
Washington Elementary School
Elementary · 0.5 mi away
Brigadier General Anna Mae Hays Elementary School
Elementary · 0.5 mi away
Cai Learning Academy
School · 0.5 mi away
Roberto Clemente Elementary Charter School
Elementary · 0.6 mi away
Allentown School District
School · 0.6 mi away
The Literacy Center
School · 0.6 mi away
Building 21 Allentown
Secondary · 0.7 mi away
Roberto Clemente Charter School
School · 0.7 mi away
Sheridan Elementary School
Elementary · 0.8 mi away
Allentown School District
School · 0.8 mi away
Harrison-Morton Middle School
Secondary · 0.8 mi away
Luis A. Ramos Elementary School
Elementary · 0.8 mi away
Lincoln Elementary School
Elementary · 0.9 mi away
Trexler Middle School
Secondary · 0.9 mi away
William Allen High School
Secondary · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1225 W WALNUT, ALLENTOWN, PA | $465,000 | 5 | 3 | 2,244 |
| 1225 W WALNUT STREET, ALLENTOWN, PA | $465,000 | 5 | — | — |
| 1635 E EMMAUS AVENUE, ALLENTOWN, PA | $480,000 | 4 | 3 | — |
| 1620 BOBALEW TRAIL, ALLENTOWN, PA | $495,000 | 4 | 3 | 3,320 |
| 1138 E TREMONT STREET, ALLENTOWN, PA | $499,000 | 4 | 4 | 3,228 |
| 3146 CLUB DRIVE, ALLENTOWN, PA | $620,000 | 6 | 3 | 3,442 |
Moving Cost Estimate
EXIT Agents in ALLENTOWN
Listing Courtesy: Space Real Estate, LLC - 6109699560