USAPAAllentownNot in Development318-318 N 7Th St
318 N 7 Th St | Image 1
New
318 N 7 Th St | Image 2
318 N 7 Th St | Image 3
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318 N 7 Th St | Image 7

$425,000

2 days ago

318 - 318 N 7 Th St, Allentown, PA

Condo

5 Bed

3 Bath

2260 sqft

3 Parking

MLS® 770793

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 2260 sqft
Garage No
HOA Fees $500
Taxes $2,426
Days Active 1
Approx. Age 1890
Avg. Price Per Sqft $188
MLS® Number 770793

Property Address: 318-318 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 $44, 341 in gross income and $39, 575 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® Number770793
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1890
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

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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