Charming Lehighton Multifamily
337 5th Street, Lehighton, PA 18235
New
MULTI_FAMILY - Lehighton Boro, PA
Property size:
1,912 SFLot size:
0.29 AcresPrice / SF:
$130/SF- Added:
- May 21, 2026
- Days on Market:
- 3
- Last Refresh:
- May 23 at 4:06 pm
Property Features for 337 5th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
- Parking
- 5
- Parking features
- Garage
- Standard status
- Active
- APN
- 70A10-30-K21
- Size
- 1,912 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4145
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating), Baseboard, Other (Heating)
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Brick
Listing agent Brenda Onyskiw License #RS272444 (484) 241-1011
Listing office IronValley RE of Lehigh Valley 1146 S Cedar Crest Blvd St 302, Allentown, PA (610) 766-7200
Listing date May 21, 2026
MLS# 777362
Listing URL
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.
HighLights
- Two residential units offer income potential and flexibility.
- Tenants pay all utilities, separately metered.
- Detached two‑car garage and additional off‑street parking.
- Desirable location with convenient access to major routes.
- Refinished hardwood floors (2nd floor, 2020) and newer windows.
- Generous 0.28‑acre lot with mature trees provides curb appeal.
Overview
Located in Lehighton Boro, PA, this converted property offers an investment opportunity with classic charm and modern potential. The property features a brick exterior with a stone foundation and includes two residential units totaling approximately 1,912 square feet of living space, along with a detached two-car garage. Situated on a 0.28-acre lot, the property is enhanced by mature trees and flowering shrubs. A storage shed provides additional utility. Both units are currently rented on a month-to-month basis. The first-floor unit includes one bedroom, a full bathroom, living room, kitchen, and an office that could serve as a second bedroom. The second-floor unit features a kitchen, living room, full bathroom, two bedrooms, and an attic space that could be utilized as a third bedroom. The property includes hardwood floors, with the second-floor hardwood floors refinished in 2020, and newer windows installed throughout both units and the basement. The basement provides a shared laundry area with separate washer and dryer hookups for each unit. Tenants are responsible for all utilities, including gas, electric, water, and sewer, with all services separately metered. Off-street parking is available for two cars, in addition to the two-car garage. The property is close to the PA Turnpike, RT 209, RT 443, and RT 248.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$222.8K
NOI $20,056 @ 9.00% cap · cautious / downside scenario
Moderate
$286.5K
NOI $20,056 @ 7.00% cap · market / base-case scenario
Aggressive
$401.1K
NOI $20,056 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.0k | $16.20 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $28.7k | $14.99 |
| − OpEx | −$8.6k | −$4.50 |
| NOI | $20.1k | $10.49 |
1,912 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$286.5K
$250.7K – $334.3K
NOI $20,056 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$252.0K
$220.5K – $294.0K
NOI $17,642 @ 7.0% cap · market cap 7.06%
Theoretical Best
Specialty Retail
$375.6K
$328.7K – $438.2K
NOI $26,294 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Lehighton
- County
- Carbon
- State
- Pennsylvania
- Longitude
- -75.715454
- Latitude
- 40.83745
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Converted duplex with income potential in Lehighton Boro, PA.
Where is this multifamily property located?
The property is located at 337 5th Street Lehighton, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two residential units offer **income potential and flexibility**.; Tenants pay all utilities, separately metered.; **Detached two‑car garage** and additional off‑street parking.
