318 N 7 Th St | Image 1
New
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318 N 7 Th St | Image 3
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318 N 7 Th St | Image 7

$425,000

2 days ago

0 Bed

0 Bath

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MLS® PALH2014396

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $2,425
Days Active 1
Lot Size 0.06 acres
Approx. Age 1890
MLS® Number PALH2014396

Property Address: 318 N 7th St, Allentown, PA, 18102-3212

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberPALH2014396
Laundry Level
Central VacNo
FireplaceNo
Acreage0.06
Exterior
GarageNo
Approx. Age1890
BasementFull
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 1, 2026List Date
$425,000List Price
  • Commute

Commute

Starting Address
Destination Address
318 N 7 Th St, Allentown, PA

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