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318-320 N 7th St, 
Allentown, PA 18102

$425,000


5

Beds


Bath


-

Sq Ft


Multi-Family

Active

Listed by

James J Reardon

eXp Commercial, 8883977352

Last updated:

February 4, 2026, 06:36 AM

MLS#

PALH2014396

Source:

BRIGHTMLS

About This Home

318-320 N 7th St

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.

Home Facts

Multi-Family

5 Bedrooms

Built in 1890

Price Summary

425,000

MLS #:

PALH2014396

Last Updated:

February 4, 2026, 06:36 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Structure

Structure

Architectural Style:

Colonial

Year Built:

1890


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$425,000

Source:BRIGHTMLS
The information being provided by Bright Mls 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 Bright Mls All rights reserved.

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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.