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322 Ridge Avenue Allentown, PA $ 414,000
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322 Ridge Avenue
$ 414,000
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322 Ridge Avenue

Allentown, PA, 18102
$ 414,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 2,614

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

Multi-Family Home for sale in Allentown, PA

for $414,000 with 8 bedrooms. This home was built in 1863 on a lot size of 0.11.

For sale: three-unit investment property located in Allentown, PA. The second and third floors are currently occupied by long-term tenants, and there are approved plans to create a third three-bedroom apartment in the retail space. This property is situated in a vibrant residential area on Ridge Avenue, just three blocks from the newly constructed Jaindl Enterprise Waterfront mixed-use Class A building. Allentowns Vision 2030 Initiative includes plans for neighborhood revitalization, making this location a strategic investment opportunity.

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Multi-Family Active

Price

$ 414,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 6,001

Style

Lot Size

0.11

Year Built

1863

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

PALH2016114
Features
General
Living Area 3978
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Settlement
Zoning R-MH
Garage Spaces 2.00
Architectural Style Other
Construction Materials Stucco
School District ALLENTOWN
Year Built 1863
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality ALLENTOWN CITY
Gross Income 57000.00
Accessibility None
County LEHIGH
Net Operating Income 40180.00
Insurance Expense 4000.00
New Construction N
Property Type Multi-Family
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Take US-22 E exit at Fullerton Ave continue onto N Front St make right at W Gordon St. Turn left at the 3rd cross street onto Ridge Ave. Destination will be on the right
City ALLENTOWN
Number Of Units Total 3
MLS Area Allentown City (12302)
Lot Size Units Square Feet
Lot Size Square Feet 5009.00
Number of Units Leased 2
Tax Annual Amount 6001.0
Two Bedroom 1
Structure Type Over Storefront
Price Per Sq Ft Total AG 104.07
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Lease Type Gross
Standard Status Active
Year Built Source Estimated
Tax Lot 003
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Garage Features Garage - Rear Entry
Type of Parking On Street Detached Garage
Water View Y/N N
Lot Dimensions 31.00 x 160.00
Lot Size Acres 0.11
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 322
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* Excluded Features
List By
Keller Williams Real Estate - Allentown

Broker

ayon811@kw.com

Email

Affordability Calculator

$3,114
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,614
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3502943 Elementary School
3502934 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/6/2026$414,000 Listed Price

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322 Ridge Avenue, Allentown, PA, 18102 is a Multi-Family Home for sale at $414,000 with a lot size of 0.11. 322 Ridge Avenue has 8 bedrooms, 0.0 baths, and was built in 1863. The property's zip code is 18102 which is in Allentown, PA

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