Sold
Last Sold Price
7 beds2,878 sqft$221/sqft
201 Ridge Ave, Allentown, PA 18102
Multi FamilyProperty Type
1912Year Built
$221/sq ftPrice per sq ft

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...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!
  • Listed by: Carlos Pujols 610.703.7549 carlosptherealtor@gmail.com Brokerage DRE #SB065757 • I-Do Real Estate
Listing closed: 12/31/2025 12:00 AM • Source: GLVRMLS, MLS#: 766814

Recent comparable sales

Median sold price

$612,000

Avg days on market

64

Sale-to-list ratio

97.5%

Allentown, PA

9 comparable properties found

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Location

Listing Courtesy of I-Do Real Estate

Sold By I-Do Real Estate

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Property Information for 201 Ridge Avenue

Property Details
  • Taxes: $3,015 / year
  • MLS Type: Multi-Family
  • Senior Community: No
  • Subdivision Name: Not in Development
Building Information
  • Residences: 4
  • Year Built: 1912
Summary
Location and General Information
  • Country Subdivision: 42077
  • Directions: East on Tilghman Street, right on Ridge Avenue. Corner of Ridge and Turner Street
  • Latitude: 40.608997
  • Longitude: -75.459055
  • MLS Area Major: Allentown-Central
  • Zoning: R-Mh-Medium High Density
Taxes and HOA
  • Parcel Number: 640742590516 001
  • Tax Annual Amount: $3,015
  • Tax Assessed Value: $95,100
School Information
  • Elementary School District: Allentown
  • High School District: Allentown
  • Middle Or Junior School District: Allentown
Parking
  • Parking Total: 0.0
Property
Lot Information
  • Living Area: 2878.0
Property and Assessments
  • Year Built: 1912
  • Year Built Details: Unknown
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7
  • Cooling: No
  • Heating: Yes
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gardener Expense: $700.00
  • Gross Income: $62,400
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $.00
  • Net Operating Income: $54,066
  • Operating Expense: $3,434.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $.00
Unit Information
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Occupant Type: Occupied
  • Unit Type Unit Num: 4
Unit 2
  • Unit Type Total Rent: 3
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 3.0
  • Unit Type Pet Deposit Per Pet: Yes
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $1.00
  • Unit Type Occupant Type: 1

Property History for 201 Ridge Avenue

DateEvent & SourcePriceAppreciation
Dec 31, 2025

Closed

GLVRMLS #766814

$635,000
Dec 11, 2025

Closed (Public Record)

Public Record #1925817233

$635,000

+26.0% / yr

Nov 10, 2025

Pending

GLVRMLS #766814

DateEvent & SourcePrice
12/31/2025

Closed

GLVRMLS #766814

$635,000
12/11/2025

Closed (Public Record)

Public Record #1925817233

$635,000

+26.0% / yr

11/10/2025

Pending

GLVRMLS #766814

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Ridge Avenue

Taxable ValueLand$4,100Additions$91,000Total$95,100
Tax Record2026$3,034 ($253 / month)
Home Facts
Baths4Total Finished SqFt2,878 SqFtAbove Grade Finished SqFt2,878 SqFtStories3Lot Size1,404 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningR-MHCountyLEHIGHAPN640742590516-1

Schools near 201 Ridge Avenue

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Sheridan Elementary School
Public1 to 5

Harrison-Morton Middle School
Public6 to 8

Louis E Dieruff High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of I-Do Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.