Multifamily Property With Two
For Sale
$1,500,000
502 Ontario Street, Bethlehem, PA 18015
Commercial Sale, Bethlehem, PA
Property Size4,750 SF
Lot Size0.42 Acres
Price / SF$315.79
Days on Market87
Property Features for 502 Ontario Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Residential
Fencing
Chain Link
Basement
Full, Unfinished
Subdivision
Bethlehem City
Standard status
Active
APN
4762-10-2845-3671
Size
4,750 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Block: 18 /Lot: 1
Tax Annual Amount
6403
Legal Description
Block: 18 /Lot: 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
4
Flooring type
Vinyl, Laminate
Building materials
Brick, Vinyl Siding
Roof type
Asphalt
Listing Agency:
Weichert Realtors - Easton
Listed By:
Robert A. Hoops
(610) 252-6666
Added: Jun 12
Changed: Sep 2
Last Checked: Sep 6 at 6:06AM
MLS# PM-142157
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.
This Bethlehem multifamily property includes two residential buildings totaling 4,750 square feet on a 0.42-acre lot. The larger building contains six units: three two-bedroom, one-bath apartments and three one-bedroom, one-bath apartments. The second building provides two additional units and is currently configured for owner occupancy, with interior modifications that can be reversed. Recent updates are present in several apartments, while flooring includes vinyl and laminate. Heating is provided by electric baseboard systems, with ceiling fans and window units for cooling.
The property is served by public water and public sewer and includes a chain-link fence and asphalt roofing. Its 1900 construction date and brick and vinyl siding are complemented by an outdoor area with parking and open space. The address is near St. Luke’s, SteelStacks, public transportation, eateries, and major travel routes. The source information projects a 7% CAP rate at full occupancy.
The property is served by public water and public sewer and includes a chain-link fence and asphalt roofing. Its 1900 construction date and brick and vinyl siding are complemented by an outdoor area with parking and open space. The address is near St. Luke’s, SteelStacks, public transportation, eateries, and major travel routes. The source information projects a 7% CAP rate at full occupancy.
Key Highlights
- Eight total rentable units across two residential buildings
- 6‑unit building includes three 2‑bed/1‑bath and three 1‑bed/1‑bath apartments
- 2‑unit building is currently owner occupied and has reversible access modifications
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,006
Businesses Nearby
Explore this area
Business Placement
Demographics for 18015, PA
33,286
Population
12,867
Households
2.6
Avg Household Size
32
Median Age
31%
College-Educated
87%
High-School Grad
23.2 sq mi
ZIP Area
1,435
Density / Sq Mi
$58,470
Median Household Income
$32,703
Median Earnings
$1,310
Median Rent
$243,100
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?
Apartment building - Brick and vinyl-sided improvements offer updated interiors, public utilities, and parking across a sizable residential parcel.
Where is this apartment building located?
The property is located at 502 Ontario Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Eight total rentable units across two residential buildings; 6‑unit building includes three 2‑bed/1‑bath and three 1‑bed/1‑bath apartments; 2‑unit building is currently owner occupied and has reversible access modifications
