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$414,000
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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
- Taxes: $6,001 (2026)
- Status: Active
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PALH2016114
- Updated: 7/6/2026
- Added to Site: 47 day(s) ago
Rental Information
- Lease Info: Gross
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: On Street, Detached Garage
- Garage Description: Garage - Rear Entry
Location
- Area: Allentown City (12302)
- Municipality: ALLENTOWN CITY
- County: LEHIGH
- Driving Directions: Take US-22 E, exit at Fullerton Ave, continue onto N Front St, make right at W Gordon St. Turn left at the 3rd cross street onto Ridge Ave. Destination will be on the right
School Information
- School District: Allentown
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Over Storefront
- Construction: Stucco
- Square Feet: 3,978
- Sq. Ft. Source: Estimated
- Living Area: 3,978 Sq. Ft.
- Finished Above Grnd: 3,978 Sq. Ft.
- Year Built: 1863
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,009
- Lot Size Source: Estimated
- Lot Dimensions: 31.00 x 160.00
- Zoning: R-MH
Financial Considerations
- Price Per Sq. Ft.: $104.07
- School Tax: $4,087
- City/TownTax: $1,232
- City/TownTax Freq: Annually
- County Tax: $682
- County Tax Freq: Annually
- Tax w/Assessment: $180,500
- Tax Amount: $6,001
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 3
Listed by Keller Williams Real Estate - Allentown, AYON Abraham CODNER
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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
7/06/2026
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, PA 18102 (MLS# PALH2016114) is a Triplex property with 0 bedrooms and 0 full bathrooms. 322 Ridge Avenue is currently listed for $414,000 and was received on July 06, 2026. Want to learn more about 322 Ridge Avenue? Do you have questions about finding other Triplex real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.

