Allentown, PA Triplexes for Sale

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Updated: Jul 6

Three-Unit Residential Income Triplex

322 RIDGE Avenue, Allentown, PA 18102

$414,000

3,978 sqft 0.12 AC lot

Three‑unit investment property in Allentown, PA
Second and third floors are occupied by long‑term tenants
Approved plans to create a third three‑bedroom apartment in the retail space
Built in 1863 with stucco construction
Heating is forced air; cooling via window unit(s)

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322 RIDGE Avenue, ALLENTOWN, PA 18102

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$37K
Annual
Mortgage

$139K
Mar 2021
Last Sold

Mar 2021
$185K
Property Type

Commercial Office/Residential (Mixed Use)
Built 1863

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Updated: Jul 15

Triplex Building with Dental Office

1977 S 5th Street, Allentown, PA 18103

$525,000

2,540 sqft 0.28 AC lot

Approximately 2,540 SF mixed‑use building with ground‑level dental office plus apartments
First floor includes reception, multiple treatment rooms with existing dental equipment, private offices, and workspace
Second and third floors total 3‑bedroom apartments plus a one‑bedroom studio
Apartments are not separately metered and would need to be metered to maximize profit
Built in 1890 with brick construction, oil heat, and central air

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Corner-Visible Mixed-Use Building

449 N 10th Street, Allentown, PA 18102

$850,000

4,807 sqft 0.05 AC lot

Fully renovated mixed-use building with a street-level storefront and three modern residential rental units above.

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Brick Triplex With Detached Garage

1334 W Turner Street, Allentown, PA 18102

$399,900

2,450 sqft 0.05 AC lot

Three residential units include two one-bedroom apartments and a third-floor studio, with separate electric metering throughout.

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Mixed-Use Triplex with Convenience Store

1015 W Hamilton St, Allentown, PA 18104

$849,900

4,280 sqft

Three-unit property with a street-level convenience store tenant and two residential units above.

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Corner Brick Triplex with Three One-Bed Units

744 N 5th Street, Allentown, PA 18102

$399,000

2,205 sqft 0.04 AC lot

R-MH zoned corner brick triplex with three occupied one-bedroom units on month-to-month leases.

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3-Unit Triplex with Patio

30 N 2nd Street, Allentown, PA 18101

$279,900

1,743 sqft 0.07 AC lot

3-unit triplex with garage parking, stucco exterior, and a patio in R-Mh zoning near Allentown’s core.

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Mixed-Use Building with Storefront

449 N 10TH STREET, Allentown, PA 18102

$850,000

4,015 sqft

Turnkey mixed-use building with a street-level commercial storefront and three renovated residential units above.

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Three-Unit Multifamily Property

30 N 2nd Street, Allentown, PA 18101

$279,900

1,743 sqft 0.07 AC lot

Three-unit property with two residences in the main house and an additional unit above the garage.

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Brick Triplex Property

322 Ridge Avenue, Allentown, PA 18102

$414,000

0.12 AC lot

The property includes garage and on-street parking alongside public water and sewer service.

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Turnkey Triplex with Corner Storefront

449-449 N 10th St, Allentown, PA 18102

$850,000

3,618 sqft

Fully renovated triplex with a highly visible corner storefront on the first level and three modern residential units above.

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Three-Unit Residential Income Property

322 RIDGE AVE, Allentown, PA 18102

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3,978 sqft

Triplex with two long-term tenants and approved plans to expand residential units within existing retail space.

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Corner Lot Brick Triplex

744 North 5th Street, Allentown, PA 18102

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2,205 sqft

Three fully occupied one-bedroom units with separately metered utilities and a garage provide straightforward residential income potential.

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Three-Unit Multifamily Property

1334 West Turner Street, Allentown, PA 18102

$399,900

Multifamily property with two one-bedroom apartments, a studio, and detached garage.

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3-Unit Investment Property with Parking

424 N 6th St, Allentown, PA 18102

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2,610 sqft

Fully occupied three-unit property with off-street parking and utility split between tenants and landlord.

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All-Brick Three-Unit Investment Property

139 N 5th St, Allentown, PA 18102

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2,390 sqft

Fully occupied investment property with strong income and growth potential.

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3-Unit Property with Separate Entrances

1002 S 6th Street, Allentown, PA 18103

$350,000

Triplex with two occupied residences and one unit requiring repairs, offered as-is for renovation planning.

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Body Shop and Apartment Building

229 W Gordon St, Allentown, PA 18102

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Fully operational body shop plus three large leased apartments make up this multi-unit property for sale in Allentown.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Allentown, PA

Allentown, PA Triplexes Market Trends and Statistics

Explore 18 triplexes for sale in Allentown, PA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 42,562 square feet of properties for sale, with an estimated market value of $6,861,500.

Sale prices for three-family homes in Allentown, PA start at $279,900, averaging $527,807, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 177K

Population Growth (5Y) +6.1%

Median Household Income $66,938

College Educated 25.3%

High-Yield Neighborhoods for Investment

Identify Allentown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
18102	$601K
18101	$659.9K
18103	$712K
18104	$849.9K

Taxes & Financing

Tax Rate (average for all types) 2.68%

Property Tax per SF $24.82 per SF

Tax Rate vs County Average 0.19 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lehigh County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lehigh County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Allentown fall within the 100,000+ square foot range.

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