*MULTIPLE OFFERS RECEIVED! HIGHEST & BEST OFFERS ARE DUE BY TOMORROW, TUE 03/25 AT 2PM!*! Discover this exceptional 3-unit mixed-use investment property, and offering immediate rental income of $3,500 PER MONTH, with a projected income of $5,500 per month with the offices! Each unit is thoughtfully designed with modern stainless steel appliances, elegant hardwood floors, and spacious layouts that attract quality tenants. Large vacant office on the 1st floor can be converted into two and is currently on the market for rent! The building features a freshly painted exterior, adding curb appeal and ensuring a low-maintenance investment. Conveniently located close to major highways US-22 and I-78 for easy commute, Bucky Boyle Park, Coca Cola Park, Lehigh Valley Mall, Allentown Airport, shops, restaurants, and so much more! Whether you’re a seasoned investor or just starting, this turnkey opportunity is perfect for long-term growth. Don’t miss your chance to own this income-producing mixed-use property! *COMMERCIAL & RESIDENTIAL CLEAR CO WILL BE PROVIDED* *CAP RATE W/APTS ONLY: 9. CAP RATE W/APTS & COMM SPACE: 15*
Sold for $390,000 on 07/22/25
$390,000
406 Ridge Ave #408, Allentown, PA 18102
6beds
5,148sqft
Multi Family, Apartment
Built in 1865
-- sqft lot
$392,900 Zestimate®
$76/sqft
$2,410 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 28, 2025 at 12:16pm
Listed by:
Shabana Pathan 484-893-1204,
Keller Williams Northampton,
Saman S. Chaudhry 610-457-2151,
Keller Williams Northampton
Bought with:
Saman S. Chaudhry, RS319903
Keller Williams Northampton
Source: GLVR,MLS#: 753508
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Gas
Cooling
- None
Interior area
- Total interior livable area: 5,148 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 5,619 sqft
Details
- Parcel number: 640733997712001
- Zoning: B1/R
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Unknown
- Year built: 1865
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$392,900
2% more+$7,858
With Zillow Showcase(estimated)$400,758