201 Ridge, Allentown City, PA 18102 - Photo 1

1/1

$635,000

Sold
Closed
Apartment
7 Beds
5 Full Baths
2,878 Sq. Ft.
Updated 12 days ago

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Property Description

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!

Full Property Details

Full Property Details for 201 Ridge

General

Sold For: $635,000
Taxes: $3,014
Status: Closed
Type: Apartment
Source: Lehigh_Valley
MLS ID: 766814
Added to Site: 81 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 7

Parking

Parking Features: On Street

Location

Area: Allentown-Central
County: Lehigh
Subdivision: Not in Development
Driving Directions: East on Tilghman Street, right on Ridge Avenue. Corner of Ridge and Turner Street

School Information

Elem School District: Allentown
Midd School District: Allentown
High School District: Allentown

Community

Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

Heating Type: Baseboard, Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Aluminum Siding, Brick, Vinyl Siding
Square Feet: 2,878
Living Area: 2,878 Sq. Ft.
Year Built: 1912

Lot Features

Zoning: R-Mh-Medium High Density

Financial Considerations

Operating Expenses: $3,434
Tax Amount: $3,014.56

Disclosures and Reports

Property ID: 640742590516 001

Listed by I-Do Real Estate
Sold by I-Do Real Estate

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Schools

Schools serving 201 Ridge

School District:Allentown City School District

Name	Grades	Distance
Sheridan El School 521 North 2nd Street, Allentown, PA 18102	1-5	0.4 mi
Harrison-Morton Middle School 137 North 2nd Street, Allentown, PA 18101	6-8	0.1 mi
Louis E Dieruff High School 815 North Irving Street, Allentown, PA 18109	9-12	1.3 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 201 Ridge

Date

Details

Price

Change

Source

12/31/2025

Sold

$635,000

-2.31%

MLS

10/27/2025

Listed

$649,999

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

201 Ridge, Allentown City, PA 18102 (MLS# 766814) is a Apartment property that was sold at $635,000 on December 31, 2025. Want to learn more about 201 Ridge? 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.

201 Ridge Allentown City, PA 18102