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117 Ridge Ave, Allentown, PA, 18101

--beds
--baths
--sqft
$599,900
--price/sqft
$4,242/moest. monthly cost
$169,680/yrincome needed

About This Home

ATTENTION INVESTORS: This is a rare opportunity to purchase 5 individual homes as part of a portfolio package that are occupied and ready to go. Depending on the offer and terms, the Seller will order and clear CO's prior to the settlement. The current tenants have been long-term and are established. The ability to increase revenue and margins is high. Please, serious investors/entrepreneurs only. Properties available in this package are these 5 properties: 745 N Fountain St., 327 N Lumber St., 117 Ridge Ave., 463 W Gordon St., 411 N Hall St..

Getting Around

74
WalkingVery Walkable
42
TransitSome Transit
55
BikeBikeable

Schools

4/10
Mosser Elementary SchoolGrades K-50.7 mi
3/10
2/10

Construction

Condition

  • Year built: 1905

Materials

  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse,Multi Family,Single Family Residence

Interior

Heating & Cooling

  • Heating features: Baseboard,Electric,Forced Air,Gas
  • Cooling features: None

Property

Details

  • Parcel number: 549783383545 1
  • Zoning: R-MH
  • Special condition: None

Features

  • Levels: Two and One Half
  • Stories: 2

Lot

  • Lot size: 784.08 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Heat Wave
Inland Flooding
Lightning

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$276$3,312
Property Taxes $709$8,508
Electricity $224$2,692
Total$4,242$50,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,440/yr
40% on housing$127,260/yr
45% on housing$113,120/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 18101$177
Lehigh County$170

vs Homes Sold Last Month

Median $/sqft

ZIP 18101$166
Lehigh County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$599,900
2013-03-11Sold$25,000
2013-01-11Pending sale$41,900
2013-01-01Sold$750
2012-11-29Price change$41,900
2012-10-14Price change$42,900
2012-08-04Price change$47,900
2012-08-03Price change$44,900
2012-05-11Price change$47,900
2012-01-15Price change$49,900
2011-12-31Price change$56,900
2011-11-12Price change$59,900
2011-10-25Price change$63,900
2011-09-29Price change$65,900
2011-08-25Price change$67,900
2011-07-29Price change$68,900
2011-06-18Listed for sale$69,900
2011-04-21Listing removed$69,900
2011-01-27Listed for sale$69,900
2006-10-04Sold$56,000
2001-06-25Sold$12,000

For Sale by Agent

AgentPatrick C. Ruddell
BrokerageKeller Williams Allentown

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