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About this home
Excellent opportunity to acquire a four-property investment portfolio in Allentown with a diverse mix of commercial and residential units. The portfolio includes 347 N. 8th Street, featuring one commercial space, three residential apartments, and a garage; 726 W. Turner Street, consisting of THREE well-maintained one-bedroom, one-bathroom residential units; 517 1/2 W. Turner Street, a spacious five-bedroom, one-and-a-half-bathroom home; and 815 W. Chew Street, a five-bedroom, one-and-a-half-bathroom home with a detached two-car garage. The portfolio is fully rented and offers a combined monthly rental income of over $10,500+ and projected annual rental income of $125,000+. Offered as a package at $1,590,000, with a current NOI of $97,951+. 517 . 5 W Turner - 782341 726 W Turner Street - 784092 815 W Chew Street - 782329 347 N 8th Street - 780617
Jordan Creek, located between Lehigh Parkway and Downtown Allentown, is a residential and park-adjacent Allentown neighborhood with wooded creek corridors and winding greenway trails. The neighborhood’s character concentrates along the Jordan Creek Greenway near the Lehigh Parkway trailheads, where joggers, cyclists, and dog-walkers pass footbridges and shaded bends in the stream. Housing reads as mid-century ranches and split-levels alongside older stone-and-brick homes on curving streets. The creek and parkland shape a quieter, outdoors-forward daily rhythm. Cultural touchstones nearby include the Allentown Art Museum, Miller Symphony Hall, and the Civic Theatre of Allentown. Commutes and errands often funnel toward Hamilton Street’s storefront blocks and the riverfront paths.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Baseboard heating
Bedrooms
Several units with 5 bedrooms
Some units with 3 bedrooms
Bathrooms
Eleven full bathrooms
One half bathroom
Heating & cooling
Baseboard heating
Property has heating
Exterior features
Public water
Public sewer
Home design
Multi-unit property with 10 total units
Zoned R-Mh
Parking
Four parking spaces
Construction
Brick construction
Utilities
Public water
Public sewer
Financial info
Maintenance expense: $4,800
Water and sewer expense: $1,880
Insurance expense: $5,600
Assessed value: $75,700
Investor property: 10-unit multifamily
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Townhouse
County
Lehigh County
APN
640711487125 1
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Last updated by owner on Sep 7, 2026.
Historical weather
Allentown, PA • 18102
Average low and high temperatures (°F)
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26
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Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 5% for direct sun exposure in Allentown. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4 Multi Unit Portfolio
$1,552,368
$38K under list price of $1.59M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $220K to $289K.