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Triplex with Shared Laundry
For Sale
$309,900
Pending

309-311 E E Ridge Street, Lansford, PA 18232

Three apartments offer a varied bedroom mix, with off-street parking for residents.

Property Size3,776 SF
Days on Market150

Property Features for 309-311 E E Ridge Street

General Information

Standard status Pending
Size 3,776 SF
Property subtype Triplex

Units

Unit Mix 2 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,778

Amenities

shared laundry area
off-street parking

Building Details

Building Size 3,776 SF
Year Built 1920
Listing Agency: Bear Mountain Real Estate LLC
Listed By: Michael Mulderig · License #RS368398
Source: Redstonerun
Added: Jun 8 Changed: Nov 1 Last Checked: Nov 3 at 8:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bear Mountain Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1920, this 3,776-square-foot triplex contains three apartments: two with three bedrooms and one bathroom each, plus a two-bedroom, one-bathroom unit. Recent renovation work has updated the property. A shared laundry space is located on the lower level, and the building has a metal roof and off-street parking.

The property is in Lansford, Pennsylvania. A projected 10% cap rate is noted for the asset.

Key Highlights

  • Three‑unit layout: two 3‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath apartment
  • 3,776 square feet; built in 1920
  • Shared laundry room on the lower level

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 18232, PA

4,222
Population
2,129
Households
2
Avg Household Size
38
Median Age
12%
College-Educated
81%
High-School Grad
2.1 sq mi
ZIP Area
2,010
Density / Sq Mi
$44,078
Median Household Income
$34,802
Median Earnings
$963
Median Rent
$48,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments offer a varied bedroom mix, with off-street parking for residents.
Where is this triplex located?
The property is located at 309-311 E E Ridge Street Lansford, PA.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Three‑unit layout: two 3‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath apartment; 3,776 square feet; built in 1920; Shared laundry room on the lower level
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