Pending

$649,999

201 Ridge Ave, Allentown, PA 18102

7beds

2,878sqft

Est.:

Multi Family, Apartment

Built in 1912

-- sqft lot

$626,400 Zestimate^®

$226/sqft

$-- HOA

What's special

Stylish kitchensFresh paintPrime corner lotNew flooring

Don’t Miss This Incredible 4-Unit Investment Opportunity! Fully renovated from top to bottom, this property is turnkey and income-producing from day one! Currently generating $3,450/month with the potential to reach $5,200/month when fully leased. Each unit has been beautifully updated with new flooring, fresh paint, and stylish kitchens and bathrooms your tenants will love! Plus, enjoy a bonus storage area complete with a full kitchen and bathroom, adding even more value and versatility. Situated on a prime corner lot, this property offers strong cash flow potential, low maintenance, and an unbeatable location near businesses, restaurants, and major highways. A rare opportunity to own a fully remodeled multi-unit in Allentown’s thriving rental market!

44 days

72

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 5

Heating

Baseboard, Electric

Cooling

None

Interior area

Total interior livable area: 2,878 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Details

Parcel number: 640742590516 001
Zoning: R-Mh-Medium High Density
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Aluminum Siding, Brick, Vinyl Siding

Condition

Unknown
Year built: 1912

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Not in Development

Location

Region: Allentown

Financial & listing details

Price per square foot: $226/sqft
Tax assessed value: $95,100
Annual tax amount: $3,014
Date on market: 10/27/2025
Cumulative days on market: 44 days

Estimated market value

$626,400

$595,000 - $658,000

$2,511/mo

Price history

Date	Event	Price
11/12/2025	Pending sale	$649,999$226/sqft
Source: GLVR #766814 Report a problem
10/27/2025	Listed for sale	$649,999+242.1%$226/sqft
Source: GLVR #766814 Report a problem
9/7/2018	Sold	$190,000-9.5%$66/sqft
Source: GLVR #586278 Report a problem
1/4/2018	Listing removed	$209,900$73/sqft
Source: ERA Rudy Amelio Real Estate #562888 Report a problem
12/1/2017	Price change	$209,900-2.3%$73/sqft
Source: ERA Rudy Amelio Real Estate #562888 Report a problem