318 N 7th Street #318, Allentown, PA 18102

Allentown
Local realty services provided by:ERA One Source Realty
318 N 7th Street #318,Allentown City, PA 18102
$405,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: akinlana popoola
Office: exp realty llc.
MLS#:778222
Source:PA_LVAR

Price summary

  • Price:$405,000

About this home

Three-unit investment property generating $48,780 in gross income and $44,014 in net income. The property has two 2-bedroom units and one 1-bedroom unit, giving it a strong rental setup in a good Allentown location. The property includes a single-family home at 318 and a separate two-unit building at 320. Two units are currently rented, and one unit is vacant. This makes it a great option for an owner-occupant buyer who wants to live in one unit and collect rent from the other two. Two of the apartments were recently updated, which helps make the property more attractive to tenants. Water, electric, and heat are separate and paid by the tenants, helping keep landlord expenses low. The property is located close to the PPL Center and downtown Allentown, with easy access to restaurants, entertainment, and local businesses. With rental income already in place, one vacant unit, recent updates, and tenant-paid utilities, this property is a good fit for both investors and owner-occupants.

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Home facts

  • Year built:1890
  • Listing ID #:778222
  • Added:1 day(s) ago
  • Updated:June 10, 2026 at 11:42 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Baseboard

Structure and exterior

  • Year built:1890
  • Construction Materials:Brick
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$405,000
  • Tax amount:$2,426

Parking

  • Total parking spaces:3

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