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Three-Unit Residential Income Property

322 Ridge Avenue, Allentown, PA 18102

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For Sale

$414,000

MULTI_FAMILY - Allentown City, PA

Type:Apartment

Lot size:

0.12 Acres

HighLights

Three‑unit investment property in Allentown, PA with the second and third floors occupied by long‑term tenants
Approved plans to create an additional three‑bedroom apartment in the retail space
Brick construction with natural gas heating and central air
Public water and public sewer services
Garage plus on‑street parking

We can help!

Contact an agent

Ayon A. Codner

For Sale

$414,000

MULTI_FAMILY - Allentown City, PA

Type:Apartment

Lot size:

0.12 Acres

Added:: Jun 30, 2026
Days on Market:: 9
Last Refresh:: Jul 8 at 5:06 pm

Property Features for 322 Ridge Avenue

General Information

Property type: Residential Multi Family
Property subtype: Apartment
Zoning: R-Mh
Parking features: On Street, Garage
Standard status: Active
APN: 640743056829001
Lot size: 0.12 Acres

Taxes and HOA fees

Tax Annual Amount: 6002

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas
Cooling system: Window Unit(s)
Water source: Public

Building Details

Year built: 1863
Floors in Building: 3
Number of units: 3
Building materials: Brick

We can help!

Contact an agent

Ayon A. Codner

Listing agent Ayon A. Codner License #RS324477

Listing office Keller Williams Allentown 1605 N.CedarCrestBlvd, Ste309, Allentown, PA

Listing date Jun 30, 2026

MLS# 779935 Listing URL

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Three‑unit investment property in Allentown, PA with the second and third floors occupied by long‑term tenants
Approved plans to create an additional three‑bedroom apartment in the retail space
Brick construction with natural gas heating and central air
Public water and public sewer services
Garage plus on‑street parking

Overview

This three-unit investment property offers a straightforward vertical layout with the second and third floors currently occupied by long-term tenants. Approved plans are in place to create an additional three-bedroom apartment within the property’s retail space, expanding the residential unit count without requiring a new building footprint. The property sits on a 0.115-acre lot and is listed under zoning R-Mh.

Located at 322 Ridge Avenue in Allentown, Pennsylvania (18102), the property is positioned in a residential area. The listing notes proximity to the newly constructed Jaindl Enterprise Waterfront mixed-use Class A building, approximately three blocks away. The surrounding area is also referenced in connection with Allentown’s Vision 2030 Initiative and its neighborhood revitalization plans.

For buyers seeking a residential income asset, the current occupancy on the second and third floors provides an operating base, while the approved third three-bedroom plan adds a defined path to increase residential capacity. The approved conversion is particularly relevant for an owner-operator or investor looking to align existing space with updated unit configuration.

Property Profile Location Intelligence

Current Use by Public Records

Resort World Unisex ... Hair Salon

Suggested Use

Location Insight

Map
Local Demand

City: Allentown
County: Lehigh
State: Pennsylvania
Longitude: -75.46057
Latitude: 40.610743

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For sale
Triplexes
PA
Allentown
18102
322 Ridge Avenue

What type of property is this?

Triplex - Three-unit residential income property with two occupied floors and approved plans to add a third three-bedroom unit.

Where is this triplex located?

The property is located at 322 Ridge Avenue Allentown, PA.

What is the asking price?

The asking price for this property is $414,000.

What are key features of this property?

This property features: Three‑unit investment property in Allentown, PA with the second and third floors occupied by long‑term tenants; Approved plans to create an additional three‑bedroom apartment in the retail space; Brick construction with natural gas heating and central air

322 Ridge Avenue, Allentown, PA 18102

MULTI_FAMILY - Allentown City, PA

Property Features for 322 Ridge Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Two-Story Mixed-Use Building with Warehouse

Allentown Mixed-Use Redevelopment Opportunity

Allentown Office Building For Sale

Renovated Court-Leased Office Building

Mixed-Use Investment Property, Allentown, PA

Three-Story Office Building with Parking

Renovated Office Building with Long-Term Lease

Mixed-Use Corner Restaurant Property

Corner Restaurant with Two Apartments

Allentown City Office Building For Sale

Class A Office Building with Parking Lots

Mixed-Use Corner Restaurant Building

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