Mixed-Use Apartment and Retail
429 E 4th Street Bethlehem, PA 18015
429 E 4th Street, Bethlehem, PA, 18015
$1,100,000
For Sale
$1,100,000
MULTI_FAMILY - Bethlehem City, PA
Property Size7,712 SF
Lot Size0.07 Acres
Price / SF$142.63
Days on Market32
Property Features for 429 E 4th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- 04CG
- Bedrooms
- 10
- Rooms
- Bedroom 9, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 10, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 7
- Parking features
- On Street
- Interior features
- Balcony
- Standard status
- Active
- APN
- P6SE1B-15-8-0204
- Size
- 7,712 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7732
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 5
- Flooring type
- Carpet
- Building materials
- Brick
Listing agency
BetterHomes&GardensRE/Cassidon
(610) 882-3135
Listed by
Jessica Tomasetti
(610) 882-3135
Added: Jun 20 Updated: Jul 21 at 8:39AM Checked: Jul 21 at 6:06PM
MLS# 777760
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 mixed-use property includes four fully occupied residential units and a spacious street-level commercial space currently available for lease. The residential mix features two 3-bedroom units and two 2-bedroom units. Public remarks indicate the units have been thoughtfully updated with newer appliances and hot water heaters.
The commercial space is described as 2,000+ square feet and is currently vacant, offering a flexible footprint for retail, office, or food and beverage concepts, subject to applicable requirements. The property is located on E 4th Street in Bethlehem City (Northampton County) and is positioned near South Bethlehem activity, with Lehigh University noted as nearby.
Overall, the building’s current structure supports immediate residential occupancy alongside the opportunity to lease the ground-floor space to help increase combined income.
The commercial space is described as 2,000+ square feet and is currently vacant, offering a flexible footprint for retail, office, or food and beverage concepts, subject to applicable requirements. The property is located on E 4th Street in Bethlehem City (Northampton County) and is positioned near South Bethlehem activity, with Lehigh University noted as nearby.
Overall, the building’s current structure supports immediate residential occupancy alongside the opportunity to lease the ground-floor space to help increase combined income.
Key Highlights
- Brick building built in 1910 with a balcony
- Four fully occupied residential units: two 3‑bedroom units and two 2‑bedroom units
- Spacious 2,000+ sq. ft. street‑level commercial space currently vacant
Local Financial Insights For Retail
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 | $81.4k | $10.56 |
| − Vacancy | −$6.4k | −$0.82 |
| EGI | $75.1k | $9.74 |
| − OpEx | −$22.5k | −$2.92 |
| NOI | $52.6k | $6.82 |
7,712 SF · lease $10.56/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$750.9K
$657.0K – $876.0K
NOI $52,561 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$643.6K
$563.2K – $750.9K
NOI $45,052 @ 7.0% cap · market cap 4.10%
Theoretical Best
Mixed Use
$1.13M
$992.3K – $1.32M
NOI $79,385 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tammany Democratic Association
Nightclub
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Four fully occupied residential units sit above a vacant street-level commercial space totaling 2,000+ square feet.
Where is this apartment building located?
The property is located at 429 E 4th Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Brick building built in 1910 with a balcony; Four fully occupied residential units: two 3‑bedroom units and two 2‑bedroom units; Spacious 2,000+ sq. ft. street‑level commercial space currently vacant
