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.
For sale
$414,000
322 Ridge Ave, Allentown, PA 18102
8beds
3baths
3,978sqft
Retail
Built in 1863
-- sqft lot
$407,400 Zestimate®
$104/sqft
$-- HOA
What's special
- 79 days
- 514
- 27
Zillow last checked:
Listing updated:
Listed by:
AYON CODNER 610-435-1800,
Keller Williams Real Estate - Allentown 6104351800
Source: Bright MLS,MLS#: PALH2016114
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,978
- Total interior livable area: 3,978 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, On Street, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 5,009 Square Feet
- Dimensions: 31.00 x 160.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 64074305682900001
- Zoning: R-MH
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Retail
Materials
- Stucco
Condition
- New construction: No
- Year built: 1863
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Allentown
- Municipality: ALLENTOWN CITY
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $180,500
- Annual tax amount: $6,001
- Date on market: 7/6/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
$407,400
$387,000 - $428,000
$1,888/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $414,000+123.8%$104/sqft |
Source:  Bright MLS #PALH2016114 Report a problem | ||
| 6/26/2025 | Listing removed | $1,550 |
Source: GLVR #757377 Report a problem | ||
| 5/20/2025 | Listed for rent | $1,550 |
Source: GLVR #757377 Report a problem | ||
| 2/1/2021 | Sold | $185,000-15.9%$47/sqft |
Source:  GLVR #644987 Report a problem | ||
| 11/7/2020 | Price change | $220,000-4.3%$55/sqft |
Source: Allentown City Realty #644987 Report a problem | ||
| 8/5/2020 | Listed for sale | $230,000$58/sqft |
Source: Allentown City Realty #644987 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 1st Ward
Nearby schools
Schools provided by the listing agent
- District: Allentown
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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