House Hack or Hold: Allentown 2-Unit with Serious Upside

🎯 House Hack or Hold: Off Market Allentown 2-Unit

We’re bringing you a rare opportunity to snag a turn-key 2-unit in one of the Lehigh Valley’s strongest rental markets — before it hits the MLS.
1317 W Turner St is a clean duplex just blocks from Allentown’s revitalized core. Whether you’re looking to house-hack your way to financial freedom or secure a low-maintenance, appreciating asset, this one delivers.
Even better — one unit goes vacant this fall. Move in and live nearly mortgage-free, or fill it with a new tenant and watch your cash flow rise.

Asking Price: $289,900
Current Gross Rents: $3,000/month!
Estimated Cap Rate: ~8.7% (at current rents)
Cash-on-Cash Return: 10–12%+ (with conventional financing and owner-occupant terms)
This property sits in the heart of one of Pennsylvania’s strongest rental markets — Allentown. Located in the Lehigh Valley, this market has seen major revitalization, job growth, and steady appreciation. Whether you're a newer investor looking to house hack, or a seasoned buyer adding to your portfolio, this deal offers long-term upside AND immediate returns.

Unit Breakdown:
Unit 1 – 1 Bed / 1 Bath (MTM Lease)
Rent: $1,300/month
Tenant vacating 9/1 – perfect for owner-occupant
Includes access to detached garage and basement laundry
~800 sq ft


Unit 2 – 4 Bed / 1 Bath (Section 8)
Rent: $1,700/month
Lease through 10/31 – tenant wants to renew
~1,200 sq ft


Key Highlights:
No large repairs needed – turn-key investment - minus Cert. Of Occupance items
Separate electric panels
Public utilities (water/sewer)
Covered front porch, hardwood flooring
Garage adds bonus value and tenant appeal
CO inspection already scheduled – buyer to address any final items


📸 Evals Photos, Tax Records & Details:
https://drive.google.com/drive/folders/1hYUKOIAjkNhWGGCOLk2ZjH2ksxPPwwTU?usp=sharing
📊 Comparable Sales (Recent 2-Units):
$290K on 15th St (Lower Rents)


$290K on 12th St (Lower Income Mix)
—> This property is priced right and performing stronger

Why This Property Stands Out:
Perfect for FHA/owner-occupant buyer: Live in one unit, rent the other
Strong Section 8 rent in place: $1,700/mo from day one
Appreciating neighborhood: Walking distance to parks, transit, and new development
Minimal management required: Low vacancy risk, solid tenant base


Need More Info?
Check it out now on our Deal Depot before it goes live to the public.
📞 Schedule a Tour or Ask Questions:
The Morrow Wargo Group
Team Line: 484-791-6200
Email: admin@morrowwargo.com
www.morrowwargo.com

Disclaimer: This is not an assignment of contract. This is an exclusive off-market listing by The Morrow Wargo Group. All investors are responsible for their own due diligence. Returns are estimated and not guaranteed.
Real Wealth, Real Growth, Real Estate.