Two-Unit Residential Income
For Sale
$300,000
209 E South Street, Slatington, PA 18080
MULTI_FAMILY - Slatington Boro, PA
Property Size2,032 SF
Lot Size0.08 Acres
Price / SF$147.64
Days on Market94
Property Features for 209 E South Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
Tr-Town Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
Parking
1
Parking features
Off Street
Subdivision
No Subdivision
Elementary school district
Northern Lehigh
Middle school district
Northern Lehigh
High school district
Northern Lehigh
Directions
off 309 n, continue straight onto 873 n, continue straight to stay on 873 n, turn right onto e south st. 209 e south st will be on your right hand side.
Standard status
Active
APN
556212401435 001
Size
2,032 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
3705
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Baseboard
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1890
Floors in Building
3
Number of units
2
Building materials
VinylSiding
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Shawn Dullavin Sr
(888) 397-7352
Added: May 1
Changed: Jul 30
Last Checked: Aug 2 at 8:06AM
MLS# 776139
Copyright © 2026 Greater Lehigh Valley 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.
This two-unit residential income property at 209 E South Street includes two separate rental units within a single building. The first-floor unit features a 1-bedroom, 1-bath layout, while the second-floor unit includes 3 bedrooms for added flexibility. An unfinished attic provides additional space that could support future expansion or improvements.
Public utilities are in place, and the home includes a balcony or outdoor space. The property is located in Slatington Boro, within Lehigh County.
The listing is offered for sale, with zoning identified as Tr-Town Residential. The property’s established rental configuration supports income generation in its current setup.
Public utilities are in place, and the home includes a balcony or outdoor space. The property is located in Slatington Boro, within Lehigh County.
The listing is offered for sale, with zoning identified as Tr-Town Residential. The property’s established rental configuration supports income generation in its current setup.
Key Highlights
- 2‑family home with over 2,000+ sq ft of living space
- First‑floor unit: 1‑bedroom, 1‑bath layout
- Second‑floor unit includes 3 bedrooms
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 | $21.0k | $10.32 |
| − Vacancy | −$1.6k | −$0.76 |
| EGI | $19.4k | $9.56 |
| − OpEx | −$5.8k | −$2.87 |
| NOI | $13.6k | $6.69 |
2,032 SF · lease $10.32/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$194.2K
$169.9K – $226.5K
NOI $13,591 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$169.6K
$148.4K – $197.9K
NOI $11,871 @ 7.0% cap · market cap 3.96%
Theoretical Best
Mixed Use
$298.8K
$261.5K – $348.6K
NOI $20,917 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
Demographics for 18080, PA
11,454
Population
4,947
Households
2.3
Avg Household Size
45
Median Age
20%
College-Educated
91%
High-School Grad
30.2 sq mi
ZIP Area
379
Density / Sq Mi
$73,947
Median Household Income
$47,723
Median Earnings
$808
Median Rent
$254,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with two separate units and an unfinished attic for potential expansion.
Where is this duplex located?
The property is located at 209 E South Street Slatington, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2‑family home with over 2,000+ sq ft of living space; First‑floor unit: 1‑bedroom, 1‑bath layout; Second‑floor unit includes 3 bedrooms
