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Residential Income Portfolio

117 Ridge Avenue Allentown, PA 18102

117 Ridge Avenue, Allentown, PA, 18102
$599,900
For Sale
$599,900

MULTI_FAMILY - Allentown City, PA

Lot Size0.02 Acres
Days on Market78

Property Features for 117 Ridge Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-MH
Standard status
Active
APN
549783383545 1
Lot size
0.02 Acres

Taxes and HOA fees

Tax Annual Amount
7293

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Forced Air, Baseboard
Water source
Public

Building Details

Year built
1905
Floors in Building
2
Number of units
5
Building materials
Brick, VinylSiding
Listing agency Keller Williams Allentown
Listed by Patrick C. Ruddell
Added: May 6 Updated: Jul 21 at 8:39AM Checked: Jul 22 at 5:06PM
MLS# 776531

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.


Investment Insights

Based on property information with market context.

This offering is a residential income portfolio consisting of five individual homes, all currently occupied and ready to go. The seller will, depending on the offer and terms, order and clear Certificates of Occupancy before settlement. The existing tenants have been described as long-term and established.

The portfolio includes the following addresses: 745 N Fountain St., 327 N Lumber St., 117 Ridge Ave., 463 W Gordon St., and 411 N Hall St., all in Allentown City, Pennsylvania 18102. The property is listed under zoning R-MH.

For investors seeking a multi-property package, this configuration provides five separate homes within the same transaction, rather than a single building.

Key Highlights

  • Portfolio package includes 5 individual occupied homes: 745 N Fountain St., 327 N Lumber St., 117 Ridge Ave., 463 W Gordon St., and 411 N Hall St.
  • Homes are served by public water and public sewer.
  • Construction materials include brick and vinyl siding.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Skin Care Clinic Gym & Fitness Center Real Estate Agency Travel Agency Wine and Liquor Store Bakery Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five individual homes are offered together as an occupied portfolio package, with COs to be ordered and cleared pre-settlement.
Where is this apartment building located?
The property is located at 117 Ridge Avenue Allentown, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Portfolio package includes 5 individual occupied homes: 745 N Fountain St., 327 N Lumber St., 117 Ridge Ave., 463 W Gordon St., and 411 N Hall St.; Homes are served by public water and public sewer.; Construction materials include brick and vinyl siding.
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