$649,999
PENDING

201 Ridge Ave Allentown, PA 18102

1st Ward Neighborhood

Estimated payment $3,676/month

Total Views 11,486
7 Beds
5 Baths
2,878 Sq Ft
$226 Price per Sq Ft

About This Home

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!

Listing Agent

Carlos Pujols

I-Do Real Estate Listed on: 10/27/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,015

Year Built

  • Built in 1912

Parking

  • On-Street Parking

Home Design

  • 2,878 Sq Ft Home
  • Brick or Stone Mason
  • Aluminum Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Heating Available

Community Details

Overview

  • 4 Units

Building Details

  • Gardener Expense $700
  • Insurance Expense $1,800
  • Operating Expense $3,434
  • Gross Income $62,400
  • Net Operating Income $54,066

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,015

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1912
  • Co List Office Mls Id: IDRE
  • Subdivision Name: Not in Development
  • Year Built Details: Unknown
  • PropertySubTypeAdditional: Apartment
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Living Area: 2878.0

Exterior Features

  • Construction Type: Aluminum Siding, Brick, Vinyl Siding
  • Property Condition: Unknown

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 3434.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Zoning: R-Mh-Medium High Density

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1800.0
  • Property Net Operating Income: 54066.0

Tax Info

  • Tax Annual Amount: 3014.56

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2025 11/11/25 Pending -- -- --
10/27/2025 10/27/25 For Sale $649,999 +242.1% $226 / Sq Ft
09/07/2018 09/07/18 Sold $190,000 -3.9% $66 / Sq Ft View Prior Sale
08/01/2018 08/01/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $197,700 +213.1% $69 / Sq Ft
08/05/2016 08/05/16 Sold $63,150 +9.4% $22 / Sq Ft View Prior Sale
05/17/2016 05/17/16 Pending -- -- --
04/24/2016 04/24/16 For Sale $57,750 -- $20 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Source: Greater Lehigh Valley REALTORS®

MLS Number: 766814

Greater Lehigh Valley REALTORS®

APN: 640742590516-1

Pennsylvania Lehigh County Allentown 18101 1st Ward

201 Ridge Ave, Allentown, PA

Pending

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Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Carlos Pujols
Section Image
I-Do Real Estate
(610) 703-7549