Sold
Last Sold Price
6 beds1,976 sqft$166/sqft
320 Ridge Ave, Allentown, PA 18102
Multi FamilyProperty Type
2,587 sq ftLot Size
1875Year Built
$166/sq ftPrice per sq ft
1 carParking Spaces

Description

HIGHEST AND BEST by Sunday at 7pm Welcome to your perfect investment opportunity in vibrant Allentown! It's perfect for an investor or owner-occupant! This unique 2-unit property offers the best of both worlds: spacious living in the 5-bedroom unit, coupled with the cozy comfort of the 1-bedroom first-floor unit along with a one-car garage. Whether you're looking for a savvy investment or a place to call home while generating rental income, this property has it all. Conveniently located in the heart...HIGHEST AND BEST by Sunday at 7pm Welcome to your perfect investment opportunity in vibrant Allentown! It's perfect for an investor or owner-occupant! This unique 2-unit property offers the best of both worlds: spacious living in the 5-bedroom unit, coupled with the cozy comfort of the 1-bedroom first-floor unit along with a one-car garage. Whether you're looking for a savvy investment or a place to call home while generating rental income, this property has it all. Conveniently located in the heart of Allentown, enjoy easy access to amenities, entertainment, and more. Don't miss out on this versatile property – seize the opportunity to own a piece of Allentown's charm today! HIGHEST AND BEST by Sunday at 7pm
  • Listed by: Nick Spade 610.703.8420 nspade@gmail.com • Spade Property Management Inc.
Listing closed: 06/06/2024 12:00 AM • Source: GLVRMLS, MLS#: 736783

Recent comparable sales

Median sold price

$250,000

Avg days on market

15

Sale-to-list ratio

98.2%

Allentown, PA

9 comparable properties found

$350,000 | 519 North 11th Street, Allentown, PA 18102
1/32
1

$350,000

Sold 05/20/26

5
Bedrooms
1,929
Square Feet
0.04
Acres
front view of a house with a door
1/26
2

$285,000

Sold 05/31/25

6
Bedrooms
2
Bathrooms
1,956
Square Feet
0.04
Acres
a car parked in front of a house
1/23
3

$250,000

Sold 08/01/25

6
Bedrooms
2,226
Square Feet
0.03
Acres
front view of a brick building
1/25
4

$247,000

Sold 12/09/25

6
Bedrooms
1,945
Square Feet
0.04
Acres
$250,000 | 826 North Eighth Street, Allentown, PA 18102
1/40
5

$250,000

Sold 07/11/25

7
Bedrooms
2,190
Square Feet
0.04
Acres
a view of a house with a swimming pool
1/40
6

$245,000

Sold 01/03/25

6
Bedrooms
1,674
Square Feet
0.16
Acres
a view of a house with a swimming pool
1/40
7

$245,000

Sold 01/03/25

6
Bedrooms
1,674
Square Feet
0.16
Acres
a car parked in front of a houses
1/45
8

$235,000

Sold 10/31/24

6
Bedrooms
2,088
Square Feet
0.04
Acres
a front view of a building
1/20
9

$408,000

Sold 05/15/25

5
Bedrooms
2
Bathrooms
2,238
Square Feet
0.07
Acres

Location

Listing Courtesy of Spade Property Management Inc.

Sold By Spade Property Management Inc.

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Property Taxes

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HOA Dues

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Property Information for 320 Ridge Avenue

Property Details
  • Taxes: $3,010 / year
  • Condo/Co-op Fees: $2,420 semi-monthly
  • MLS Type: Residential Income / Townhouse / Townhouse
  • Senior Community: No
  • Subdivision Name: Not in Development
Building Information
  • Stories: 3
  • Residences: 2
  • Year Built: 1875
  • Lot Size: 0.06 AC / 2,587 SF
Summary
Location and General Information
  • Country Subdivision: 42077
  • Directions: East of Tilghman, turn right on Ridge Ave, Property on the right-hand side
  • Latitude: 40.6108
  • Longitude: -75.460345
  • MLS Area Major: Allentown-Central
  • Zoning: R-MH-MEDIUM HIGH DENSITY
Taxes and HOA
  • Parcel Number: 640743057617001
  • Tax Annual Amount: $3,010
  • Tax Assessed Value: $93,400
School Information
  • Elementary School District: Allentown
  • High School District: Allentown
  • Middle Or Junior School District: Allentown
Parking
  • Attached Garage: No
  • Garage: Yes
  • Parking Total: 1.0
Property
Lot Information
  • Living Area: 1976.0
  • Lot Size Acres: 0.059
  • Lot Size Area: 2587.0
  • Lot Size Square Feet: 2587.0
Property and Assessments
  • Year Built: 1875
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6
  • Cooling: No
  • Heating: Yes
  • Stories: 3
  • Stories Total: 3
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gardener Expense: $.00
  • Gross Income: $3,200
  • Insurance Expense: $850.00
  • Maintenance Expense: $2,420.00
  • Net Operating Income: $2,814
  • Operating Expense: $386.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
  • Trash Expense: $250.00
  • Water Sewer Expense: $650.00
Unit Information
Unit 1
  • Unit Type Area: 732.0
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Occupant Type: Vacant
  • Unit Type Unit Num: 1
Unit 2
  • Unit Type Actual Rent: $1,464.00
  • Unit Type Total Rent: $2.00

Property History for 320 Ridge Avenue

DateEvent & SourcePriceAppreciation
Jun 6, 2024

Closed (Public Record)

Public Record #1533767355

$328,000

+146.8% / yr

Jun 6, 2024

Closed

GLVRMLS #736783

$328,000
May 4, 2024

Pending

GLVRMLS #736783

DateEvent & SourcePrice
06/06/2024

Closed (Public Record)

Public Record #1533767355

$328,000

+146.8% / yr

06/06/2024

Closed

GLVRMLS #736783

$328,000
05/04/2024

Pending

GLVRMLS #736783

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

Public Records for 320 Ridge Avenue

Taxable ValueLand$6,600Additions$86,800Total$93,400
Tax Record2026$3,031 ($253 / month)
Home Facts
Baths2Total Finished SqFt1,976 SqFtAbove Grade Finished SqFt1,976 SqFtStories3Lot Size2,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1875ZoningR-MHCountyLEHIGHAPN640743057617-1

Schools near 320 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 320 Ridge Avenue, Allentown, PA 18102
$328,000
6
1,976
2,587
$160,000
5
2,004
3,206
$185,000
2
3,978
$40,000
5
2,516
3,180
4
2
1,856
$200,000
5
1
2,496

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 Spade Property Management Inc.

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.