Duplex with Backyard
For Sale
$322,000
1039 Washington Street, Easton, PA 18042
Residential Income, Easton, PA
Property Size1,700 SF
Lot Size0.05 Acres
Price / SF$189.41
Days on Market16
Property Features for 1039 Washington Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-Md
Zoning description
Residential
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Interior features
Eat-in Kitchen, Ceiling Fan(s)
Basement
Unfinished
Appliances
Electric Range, Refrigerator, Microwave
Lot features
Level
Subdivision
Easton City
Standard status
Active
APN
5066-12-3190-4852
Size
1,700 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Block: 21 /Lot: 40 /School District: 04-Nazareth Area /Fuel Type: Gas
Tax Annual Amount
3424
Legal Description
Block: 21 /Lot: 40 /School District: 04-Nazareth Area /Fuel Type: Gas
Utilities
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Vinyl Siding
Roof type
Asphalt, Fiberglass
Architectural style
Colonial
Listing Agency:
Keller Williams Real Estate - Northampton Co · Keller Williams Realty
Listed By:
Kelly Houston
(610) 867-8888
Added: Oct 13
Changed: Oct 26
Last Checked: Oct 28 at 7:06AM
MLS# PM-145593
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.
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Investment Insights
Based on property information with market context.
This 1,700-square-foot duplex contains two apartments: a first-floor one-bedroom unit and a second-floor two-bedroom unit. The lower apartment has a living room, kitchen, and direct access to the backyard. The upper unit includes attic storage. The building was constructed in 1900 and sits on a 0.05-acre lot, with R-Md zoning.
Shopping, restaurants, schools, and parks are among the nearby destinations in Easton. Public water and sewer serve the property. The separate apartment layouts provide a straightforward two-unit residential configuration.
Shopping, restaurants, schools, and parks are among the nearby destinations in Easton. Public water and sewer serve the property. The separate apartment layouts provide a straightforward two-unit residential configuration.
Key Highlights
- Two‑unit layout with one‑bedroom and two‑bedroom apartments
- 1,700 square feet of building area
- 0.05‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,239
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,780
$224.8K
Cap Rate 7%
$160,557
$160.6K
Cap Rate 9%
$124,878
$124.9K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$17.3K $10.20/SF
− Vacancy
−$1.3K −$0.76/SF
EGI
$16.1K $9.44/SF
− OpEx
−$4.8K −$2.83/SF
NOI
$11.2K $6.61/SF
Area
Northampton County, PA
Vacancy
7.41%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,780
Cap Rate 7%
$160,557
Cap Rate 9%
$124,878
Alternative Uses
Best Use
Multifamily LT 5
$160.6K
$140.5K – $187.3K
NOI $11,239 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$147.8K
$129.3K – $172.4K
NOI $10,345 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$322.4K
$282.1K – $376.2K
NOI $22,571 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 18042, PA
44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer distinct one- and two-bedroom layouts, with public water and sewer service.
Where is this duplex located?
The property is located at 1039 Washington Street Easton, PA.
What is the asking price?
The asking price for this property is $322,000.
What are key features of this property?
This property features: Two‑unit layout with one‑bedroom and two‑bedroom apartments; 1,700 square feet of building area; 0.05‑acre lot
