Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Town & Country Properties
Property view
Listing view 2
Listing view 3

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

$425,000


5

Beds


3

Baths


2,260

Sq Ft


Multi-Family

Active

Listed by

Joshua Schoenberger

eXp Realty LLC.

Last updated:

February 3, 2026, 03:58 PM

MLS#

770793

Source:

PA LVAR

About This Home

318 N 7th Street #318

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.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1890

Price Summary

425,000

$188 per Sq. Ft.

MLS #:

770793

Last Updated:

February 3, 2026, 03:58 PM

Added:

15 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,260 Sq. Ft.


Structure

Structure

Building Area:

2,260 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

2,550


Finances & Disclosures

Finances

Price:

$425,000

Price per Sq. Ft:

$188 per Sq. Ft.

Source:PA LVAR
The information being provided by Greater Lehigh Valley REALTORS® (Glvr) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Lehigh Valley REALTORS® (Glvr) All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.