347 N 8TH STREETALLENTOWN, PA 18102

Multi-Family · 4,320 Sq. ft. | 0.06 Acres
$649,900 ACTIVE

347 N 8TH STREET Overview

Time on Site:
32 days
Visits:
4

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

347 N 8TH STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,320
  • Price/Sq.ft. $150
  • Lot 0.06 Acres

Details

General

School Information

  • Elementary School: CENTRAL
  • Middle Or Junior School: FRANCIS D RAUB
  • High School: WILLIAM ALLEN

Income/Expenses

  • Existing Lease Type: Month to Month,Yearly

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 4320
  • Year Built: 1900

Location/Region

  • Country: US
  • County: LEHIGH
  • County Or Parish: LEHIGH
  • MLS Area Major: Allentown City (12302)

Parking Information

  • Total Parking Spaces: 2
  • Type of Parking: Detached Garage

Tax Information

  • City/Town Tax: 1095.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 707.00
  • County Tax Payment Frequency: Annually
  • School Tax: 4241.00
  • Tax Annual Amount: $6,043.00
  • Tax Assessed Value: 187300.00
  • Tax Year: 2025

General Information

  • Historic: Yes
  • Municipal Trash: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: ALLENTOWN
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: R-MH

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: Electric

Parking Information

  • Garage Features: Garage - Side Entry,Oversized
  • Garage Spaces: 2.00
  • Garage: Yes

Building Exterior/Construction

  • Structure Type: End of Row/Townhouse
  • Wall & Ceiling Types: Dry Wall,Brick

Building Interior

  • Above Grade Finished Area: 4320
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Cooling: None
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Interior Features: 2nd Kitchen, Additional Stairway, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Kitchen - Eat-In, Store/Office, Walk-in Closet(s)
  • Living Area: 4320
  • Living Area Source: Estimated
  • Rooms Total: 17
  • Spa: No

Unit Information

  • One Bedroom Units Count: 1
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 2

Exterior

Parking Information

  • Parking Features: Public

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 22.00 x 110.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2439.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Brick
  • Roof: Shingle, Rubber

General Information

  • Exterior Features: Street Lights, Sidewalks
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

347 N 8TH STREET Neighborhood

Community

18102 (ALLENTOWN) Demographics

30
Median Age
16,327
Population Density (per sq. mile)
14%
College Educated
$34,538
Estimated Median Income
4,970
Estimated Total Home Owners
11,624
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

347 N 8TH STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

347 N 8TH STREET Market Data

Based on the last 30 days in this zip code

$316,077
Average List Price
$86
Average Price per Square Foot
1
Properties Sold
64
Average Days on Market
9
Properties for Sale
Calculations provided by Reliance Network

347 N 8TH STREET History

Date Event Value Agent
6/16/2026Source: BRIGHT MLS Price Reduction
$649,900 -1.5%
5/28/2026Source: BRIGHT MLS Added to Database
May 28, 2026
Listing provided courtesy of Space Real Estate, LLC- MLS# PALH2015670MLS ProviderContact Information: [email protected] - 6109699560