318 320 N 7th Street • Allentown, PA 18102

$425,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: PALH2014396 • Subdivision:School Dist: ALLENTOWN
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. View this listing at: http://thechrissiebarrickteam.com/mls=PALH2014396

Property Features

  • Taxes: $2,425
  • Basement: Yes
  • Exterior: Brick
  • Lot Size: 0.06 Acres
  • Lot Dimensions: 0.06 Acre(S)
  • Heating: Baseboard - Hot Water
  • Fuel Type: Natural Gas
  • Cooling: None
  • Year Built: 1890
  • Water: Public
  • Sewer: Public Sewer
  • Units: 3
  • One Bedroom Units: 1
  • Two Bedroom Units: 2
  • Municipality: ALLENTOWN CITY
  • Accessibility: 2+ Access Exits
  • Additional Structures: Above Grade,Below Grade
  • Structure Type: Interior Row/Townhouse
  • Basement: Full

School Information

  • School District: ALLENTOWN
Printed March 03, 2026


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Agent License Information: 
The Chrissie Barrick Team
Licensed in PA: Christine (Chrissie) Barrick, Becky Brown, Stephanie Werner, Thomas Coyne, Jessica Snader, Barbara (Barb) Boyer
Licensed in MD: Christine (Chrissie) Barrick, Becky Brown, Stephanie Werner, Thomas Coyne, Barbara (Barb) Boyer 

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