117 Ridge Avenue Allentown, PA $ 599,900
117 Ridge Avenue
$ 599,900
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117 Ridge Avenue

Allentown, PA, 18102
$ 599,900
Baths0.0

Monthly Estimate*

$ 3,694

117 Ridge Avenue, Allentown, PA 18102 - Image 1
117 Ridge Avenue, Allentown, PA 18102 - Image 2
117 Ridge Avenue, Allentown, PA 18102 - Image 3
117 Ridge Avenue, Allentown, PA 18102 - Image 4
117 Ridge Avenue, Allentown, PA 18102 - Image 5
Studio

Multi-Family Home for sale in Allentown, PA

for $599,900. This home was built in 1905 on a lot size of 0.018.

ATTENTION INVESTORS: This is a rare opportunity to purchase 5 individual homes as part of a portfolio package that are occupied and ready to go. Depending on the offer and terms, the Seller will order and clear CO's prior to the settlement. The current tenants have been long-term and are established. The ability to increase revenue and margins is high. Please, serious investors/entrepreneurs only. Properties available in this package are these 5 properties: 745 N Fountain St., 327 N Lumber St., 117 Ridge Ave., 463 W Gordon St., 411 N Hall St..

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Multi-Family Active

Price

$ 599,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,292

Style

Lot Size

0.018

Year Built

1905

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

776531

Features
General
Sewer Public Sewer
Heating Baseboard Electric Forced Air Gas
Cooling None
Utilities Cable Available
Zoning R-MH
Construction Materials Brick Vinyl Siding
Year Built 1905
Levels Two and One Half
Property Subtype Townhouse
Gross Income 55500
County Lehigh
Net Operating Income 42907
Operating Expense 0
Insurance Expense 4000
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Status Active
Directions Please use US-22 and start by going S on MacArthur Rd into Allentown. Then use property addresses.
City Allentown City
Senior Community Y/N false
High School District Allentown
Number Of Units Total 5
MLS Area Allentown-Central
Lot Size Units Square Feet
Lot Size Square Feet 785
Tax Annual Amount 7292.7
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 800
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Allentown
Elementary School District Allentown
Tax Assessed Value 223800
Property Sub Type Additional Townhouse Single Family Residence
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 785
Lot Size Acres 0.018
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* Excluded Features
List By
Patrick C. Ruddell

Listing Agent

Keller Williams Allentown

Broker

Affordability Calculator

$4,301
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$608
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.
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Nearby
4196651 Elementary School
4073866 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$599,900 Listed Price

Map


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117 Ridge Avenue, Allentown, PA, 18102 is a Multi-Family Home for sale at $599,900 with a lot size of 0.018. 117 Ridge Avenue is a studio with 0.0 baths and was built in 1905. The property's zip code is 18102 which is in Allentown, PA