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Easton Three-Unit Property on Ferry

1113 Ferry Street Easton, PA 18042

1113 Ferry Street, Easton, PA, 18042
$450,000
Pending
For Sale
Claim this Listing
$450,000
Pending

MULTI_FAMILY - Other - Easton, PA

Property Size3,342 SF
Lot Size0.10 Acres
AddedApr 9
Days on Market97
Last RefreshJul 14 at 6:06 pm

Property Features for 1113 Ferry Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-Md
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 2
Interior features
Open Floorplan
Basement
Full
Appliances
Refrigerator
Standard status
Pending
APN
5066-12-3986-6897
Size
3,342 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
Block: 27 /Lot: 24 /School District: 03-Easton Area /Fuel Type: Unknown/None
Tax Annual Amount
4133

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard, Natural Gas
Water source
Public

Building Details

Year built
1900
Floors in Building
3
Number of units
3
Flooring type
Laminate
Building materials
Vinyl Siding
Architectural style
Other

Listing agent Kelly Houston License #405412

Listing office Keller Williams Real Estate - Northampton Co 2901 Emrick Blvd. Suite 100, Bethlehem, PA

Listing date Apr 9, 2026

MLS# PM-140201 Listing URL

Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the West Ward of Easton, this three-unit property on Ferry Street presents an opportunity for immediate cash flow and strategic flexibility. The property features one vacant one-bedroom unit, available at closing. This unit is suitable for owner-occupants or investors seeking to place a tenant at current market rates. There are also two occupied, income-producing units. Each unit has separate meters, allowing tenants to pay their own utilities. The property is located blocks from the Easton Public Market and State Theatre. The property is zoned R-Md and has a property size of 3342 Square Feet on a lot of 0.1 acres.

Key Highlights

  • Three‑unit property on Ferry Street with one vacant 1‑bedroom unit delivered at closing and two occupied income‑producing units
  • Separate meters for each unit so tenants pay their own utilities
  • Public water and public sewer connected

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $34.1k $10.20
− Vacancy −$2.5k −$0.76
EGI $31.6k $9.44
− OpEx −$9.5k −$2.83
NOI $22.1k $6.61
3,342 SF · lease $10.20/SF/yr · vacancy 7.41% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$315.6K
$276.2K – $368.2K (±1% cap)
NOI $22,094 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$290.5K
$254.2K – $339.0K (±1% cap)
NOI $20,337 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$633.9K
$554.6K – $739.5K (±1% cap)
NOI $44,371 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Computer & Electronic Repair Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained three-unit property in Easton's West Ward.
Where is this triplex located?
The property is located at 1113 Ferry Street Easton, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑unit property on Ferry Street with one vacant 1‑bedroom unit delivered at closing and two occupied income‑producing units; Separate meters for each unit so tenants pay their own utilities; Public water and public sewer connected
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More about this property
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