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$414,000 Just Listed
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Property Description
For sale: three-unit investment property located in Allentown, PA. The second and third floors are currently occupied by long-term tenants, and there are approved plans to create a third three-bedroom apartment in the retail space. This property is situated in a vibrant residential area on Ridge Avenue, just three blocks from the newly constructed Jaindl Enterprise Waterfront mixed-use Class A building. Allentown's Vision 2030 Initiative includes plans for neighborhood revitalization, making this location a strategic investment opportunity.
Full Property Details
Full Property Details for 322 Ridge Ave
General
- Price: $414,000
- HOA FEE: $1,000
- Taxes: $6,001
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 779935
- Updated: 7/2/2026
- Added to Site: 6 day(s) ago
Parking
- Garage: Yes
- Parking Features: Detached, Garage, On Street
Location
- Area: Allentown-Central
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: US 22E exit to Fullerton Ave, continue onto N Front St, make a right at W Gordon St, turn left at the 3rd cross St onto Ridge Ave. Destination will be on the right.
School Information
- Elem School District: Allentown
- Midd School District: Allentown
- High School District: Allentown
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Year Built: 1863
Lot Features
- Lot Size (Acres): 0.115
- Lot Size (Sq. Ft.): 5,009
- Lot Size Source: Public Records
- Zoning: R-Mh
Financial Considerations
- Maint. Fee: $1,000
- Operating Expenses: $17,570
- Tax Amount: $6,001.72
Disclosures and Reports
- Property ID: 640743056829001
Listed by Keller Williams Allentown
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Schools
Schools serving 322 Ridge Ave
School District:Allentown City School District
| Name | Grades | Distance |
|---|---|---|
Sheridan El School 521 North 2nd Street, Allentown, PA 18102 | 1-5 | 0.2 mi |
Harrison-Morton Middle School 137 North 2nd Street, Allentown, PA 18101 | 6-8 | 0.2 mi |
Louis E Dieruff High School 815 North Irving Street, Allentown, PA 18109 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 322 Ridge Ave
Date
Details
Price
Change
Source
7/01/2026
Listed
$414,000
123.78%
MLS
2/01/2021
Sold
$185,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 322 Ridge Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,002
1%
$180,500
—
2025
$5,955
—
$180,500
—
2024
$5,955
—
$180,500
—
2023
$5,955
-33%
$180,500
—
2022
$8,943
64%
$180,500
—
2019
$5,466
—
$180,500
—
2020
$5,491
2%
$180,500
—
2019
$5,404
7%
$180,500
—
2018
$5,031
3%
$180,500
—
2017
$4,905
—
$180,500
—
2016
$4,912
—
$180,500
—
2015
$4,915
-31%
$180,500
—
2014
$7,142
—
$180,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 322 Ridge Ave
322 Ridge Avenue, Allentown City, PA 18102 (MLS# 779935) is a Apartment property with 0 bedrooms and 0 full bathrooms. 322 Ridge Avenue is currently listed for $414,000 and was received on July 01, 2026. Want to learn more about 322 Ridge Avenue? Do you have questions about finding other Apartment real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.

