Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$425,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • Updated 5 hours ago
See This Home
Save This Home
See This Home
Save This Home
Well-located three-unit multifamily asset generating $43,681 in gross income and $38,915 in net income. The property consists of a standalone single-family residence at 318 and a separate two-unit building at 320, providing clear operational separation. The unit mix includes two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. All units are fully occupied with staggered lease expirations through November 2026. Tenants pay all utilities, including gas heat, electric, and water. Water is submetered and is the tenants' responsibility. Landlord expenses are minimal and limited to taxes and insurance, both fully documented. In-place rents provide stable monthly income, with upside potential through rent adjustments supported by current market conditions. This asset is well suited for investors seeking a stabilized small multifamily property with a strong unit mix, operational clarity, and rent-growth upside.

Full Property Details for 318 N 7th St

General

  • Price: $425,000
  • Taxes: $2,425 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PALH2014396
  • Updated: Today (2/1/2026)
  • Added to Site: Today

Rental Information

  • Lease Info: Yearly

Parking

  • Parking Type: On Street

Location

  • Area: Allentown City (12302)
  • Municipality: ALLENTOWN CITY
  • County: LEHIGH
  • Driving Directions: 22 to 145 N to 318 N 7th

School Information

  • School District: Allentown

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial, Other
  • Structure Type: Interior Row/Townhouse
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Sq. Ft. Source: Assessor
  • Year Built: 1890
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,550
  • Lot Size Source: Assessor
  • Lot Dimensions: 30.00 x 85.00
  • Zoning: B1/R

Financial Considerations

  • Operating Expenses: $4,766
  • Assessment Year: 2025
  • School Tax: $1,680
  • City/TownTax: $465
  • City/TownTax Freq: Annually
  • County Tax: $280
  • County Tax Freq: Annually
  • Tax w/Assessment: $74,200
  • Tax Amount: $2,425
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 16

Listed by eXp Commercial, james J Reardon

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 318 N 7th St —

  • james J Reardon

    eXp Commercial

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 318 N 7th St

School District:Allentown City School District
NameGradesDistance
Central El School, Allentown, PA
829 West Turner Street, Allentown, PA 18102
1-50.2 mi
Francis D Raub Middle School
102 South Saint Cloud Street, Allentown, PA 18104
6-81.3 mi
William Allen High School
106 N 17th St, Allentown, PA 18104
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 318 N 7th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/01/2026
Listed
$425,000
359.46%
MLS
10/10/2018
Sold
$92,500
—
Public Record
Get Price Alerts and Save Property
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 for 318 N 7th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,426
—
$74,200
—
2024
$2,426
—
$74,200
—
2023
$2,426
-35%
$74,200
—
2022
$3,705
66%
$74,200
—
2019
$2,226
—
$74,200
—
2020
$2,236
2%
$74,200
—
2019
$2,200
7%
$74,200
—
2018
$2,051
3%
$74,200
—
2017
$1,999
—
$74,200
—
2016
$2,002
—
$74,200
—
2015
$2,004
-32%
$74,200
—
2014
$2,936
—
$74,200
—
View All
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 for 318 N 7th St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by eXp Commercial, james J Reardon

Similar Properties near 318 N 7th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

139 N 5th St, Allentown, PA 18103 - Photo 1 Just Listed
$435,000

139 N 5th St  Allentown, PA 18103

  • Townhouse
  • Active
  • Updated 4 hours ago
Listed by eXp Commercial, james J Reardon
543 Long St, Emmaus Boro, PA 18049 - Photo 1
$425,000

543 Long St  Emmaus Boro, PA 18049

  • Townhouse
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 1,859
    Sq. Ft.
Listed by Wesley Works Real Estate
543 Long St, Emmaus, PA 18049 - Photo 1
$425,000

543 Long St  Emmaus, PA 18049

  • Townhouse
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 1,859
    Sq. Ft.
Listed by Wesley Works Real Estate, Sarah G Stauffer

Just Listed near 318 N 7th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1053 3rd St, Whitehall, PA 18052 - Photo 1 Just Listed
$359,900

1053 3rd St  Whitehall, PA 18052

  • Apartment
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,860
    Sq. Ft.
Listed by Real of Pennsylvania
4210 Mimosa Ln, Whitehall, PA 18052 - Photo 1 Just Listed
$439,000

4210 Mimosa Ln  Whitehall, PA 18052

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,340
    Sq. Ft.
Listed by Weichert Realtors
1053 3rd St, Whitehall, PA 18052 - Photo 1 Just Listed
$359,900

1053 3rd St  Whitehall, PA 18052

  • Single Family
  • Active
  • Updated 1 day ago
  • 1,860
    Sq. Ft.
Listed by Real of Pennsylvania, Jonathan Campbell
1053 3rd St, Whitehall, PA 18052 - Photo 1 Just Listed
$359,900

1053 3rd St  Whitehall, PA 18052

  • Apartment
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,860
    Sq. Ft.
Listed by Real of Pennsylvania

Price Reduced near 318 N 7th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3103 W Emaus Ave, Salisbury Township, PA 18103 - Photo 1 Price Reduced
-$200 (-5%)
$3,800

3103 W Emaus Ave  Salisbury Township, PA 18103

  • Commercial Lease
  • Active
Listed by Weichert Realtors
8315 Countryside Ln, Fogelsville, PA 18051 - Photo 1 Price Reduced
-$10,000 (-3.03%)
$319,900

8315 Countryside Ln  Fogelsville, PA 18051

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,270
    Sq. Ft.
Listed by Keller Williams Real Estate - Bethlehem, Shabana Pathan
8315 Countryside Ln, Fogelsville, PA 18051 - Photo 1 Price Reduced
-$10,000 (-3.03%)
$319,900

8315 Countryside Ln  Fogelsville, PA 18051

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,520
    Sq. Ft.
Listed by Keller Williams Real Estate - Northampton Co, Shabana Pathan
8315 Countryside Ln, Upper Macungie Township, PA 18051 - Photo 1 Price Reduced
-$10,000 (-3.03%)
$319,900

8315 Countryside Ln  Upper Macungie Township, PA 18051

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,520
    Sq. Ft.
Listed by Keller Williams Northampton

318 N 7th Street, Allentown, PA 18102 (MLS# PALH2014396) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 318 N 7th Street is currently listed for $425,000 and was received on February 01, 2026. Want to learn more about 318 N 7th Street? Do you have questions about finding other Townhouse real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

Tour this property