Back to search
318 N 7Th Street Allentown, PA $ 425,000
Share Save
$ 425,000 Get more info
318 N 7Th Street
$ 425,000
Back to search
Recently Listed
Share Save

318 N 7Th Street

Allentown, PA, 18102
$ 425,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,617

318 N 7Th Street, Allentown, PA 18102 - Image 1
318 N 7Th Street, Allentown, PA 18102 - Image 2
318 N 7Th Street, Allentown, PA 18102 - Image 3
318 N 7Th Street, Allentown, PA 18102 - Image 4
318 N 7Th Street, Allentown, PA 18102 - Image 5
318 N 7Th Street, Allentown, PA 18102 - Image 6
318 N 7Th Street, Allentown, PA 18102 - Image 7
318 N 7Th Street, Allentown, PA 18102 - Image 8
318 N 7Th Street, Allentown, PA 18102 - Image 9
318 N 7Th Street, Allentown, PA 18102 - Image 10
318 N 7Th Street, Allentown, PA 18102 - Image 11
318 N 7Th Street, Allentown, PA 18102 - Image 12
318 N 7Th Street, Allentown, PA 18102 - Image 13
318 N 7Th Street, Allentown, PA 18102 - Image 14
318 N 7Th Street, Allentown, PA 18102 - Image 15
318 N 7Th Street, Allentown, PA 18102 - Image 16
318 N 7Th Street, Allentown, PA 18102 - Image 17
318 N 7Th Street, Allentown, PA 18102 - Image 18
318 N 7Th Street, Allentown, PA 18102 - Image 19
318 N 7Th Street, Allentown, PA 18102 - Image 20
318 N 7Th Street, Allentown, PA 18102 - Image 21
318 N 7Th Street, Allentown, PA 18102 - Image 22
318 N 7Th Street, Allentown, PA 18102 - Image 23
318 N 7Th Street, Allentown, PA 18102 - Image 24
318 N 7Th Street, Allentown, PA 18102 - Image 25
318 N 7Th Street, Allentown, PA 18102 - Image 26
318 N 7Th Street, Allentown, PA 18102 - Image 27
318 N 7Th Street, Allentown, PA 18102 - Image 28
318 N 7Th Street, Allentown, PA 18102 - Image 29
318 N 7Th Street, Allentown, PA 18102 - Image 30
318 N 7Th Street, Allentown, PA 18102 - Image 31
318 N 7Th Street, Allentown, PA 18102 - Image 32
318 N 7Th Street, Allentown, PA 18102 - Image 33
318 N 7Th Street, Allentown, PA 18102 - Image 34
318 N 7Th Street, Allentown, PA 18102 - Image 35
318 N 7Th Street, Allentown, PA 18102 - Image 36
318 N 7Th Street, Allentown, PA 18102 - Image 37
318 N 7Th Street, Allentown, PA 18102 - Image 38
318 N 7Th Street, Allentown, PA 18102 - Image 39
318 N 7Th Street, Allentown, PA 18102 - Image 40
318 N 7Th Street, Allentown, PA 18102 - Image 41
318 N 7Th Street, Allentown, PA 18102 - Image 42
318 N 7Th Street, Allentown, PA 18102 - Image 43

Multi-Family Home for sale in Allentown, PA

for $425,000 with 5 bedrooms. This home was built in 1890 on a lot size of 0.06.

Well-located three-unit multifamily asset generating $43,681 in gross income and $38,915 in net income. The property consists of a standalone single-family residence at 318 and a separate two-unit building at 320, providing clear operational separation. The unit mix includes two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. All units are fully occupied with staggered lease expirations through November 2026. Tenants pay all utilities, including gas heat, electric, and water. Water is submetered and is the tenants responsibility. Landlord expenses are minimal and limited to taxes and insurance, both fully documented. In-place rents provide stable monthly income, with upside potential through rent adjustments supported by current market conditions. This asset is well suited for investors seeking a stabilized small multifamily property with a strong unit mix, operational clarity, and rent-growth upside.

See more
Multi-Family Active

Price

$ 425,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 2,425

Style

Colonial

Lot Size

0.06

Year Built

1890

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

PALH2014396
Features
General
Living Area 0
Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling None
Possession Settlement
Zoning B1/R
Architectural Style Colonial Other
Construction Materials Brick
School District ALLENTOWN
Year Built 1890
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality ALLENTOWN CITY
Gross Income 44241.00
Accessibility 2+ Access Exits
County LEHIGH
Net Operating Income 39575.00
Operating Expense 4766.00
Insurance Expense 1338.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 500.00
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions 22 to 145 N to 318 N 7th
City ALLENTOWN
Number Of Units Total 3
MLS Area Allentown City (12302)
Lot Size Units Square Feet
Lot Size Square Feet 2550.00
Number of Units Leased 3
Tax Annual Amount 2425.0
Two Bedroom 2
Structure Type Interior Row/Townhouse
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 016
Total Actual Rent 44331.00
See more
Interior
Heating Fuel Natural Gas
Basement Full
Hot Water Electric
Furnished Units All
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
See more
Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Dimensions 30.00 x 85.00
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 7100.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 318
See more
* Excluded Features
List By
Exp Commercial

Broker

jimjrreardon@gmail.com

Email

Affordability Calculator

$2,819
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$202
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3502943 Elementary School
3502934 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/2/2026$425,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

318 N 7Th Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $425,000 with a lot size of 0.06. 318 N 7Th Street has 5 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 18102 which is in Allentown, PA

Get more info