Updated Duplex with Detached
For Sale
$345,000
112 N 13th St, Easton, PA 18042
Fully occupied residential income property with two apartments and a separately rentable garage.
Property Size1,895 SF
Price / SF$182.06
Days on Market73
Property Features for 112 N 13th St
General Information
Standard status
Active
Size
1,895 SF
Total Parking Spaces
1
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,696
Building Details
Tenancy
Multi
Listing Agency:
BetterHomes&GardensRE/Cassidon
(610) 266-2661
Listed By:
Kyle Wagner
(610) 295-7835
Source:
Exprealty
Added: Aug 21
Changed: Oct 26
Last Checked: Oct 30 at 7:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BetterHomes&GardensRE/Cassidon
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Investment Insights
Based on property information with market context.
This duplex offers two residential apartments within a well-maintained building. The first-floor residence includes two bedrooms and one bathroom, while the upper apartment spans the second and third floors with the same bedroom and bathroom configuration. The third-floor bedroom is fully legal. Improvements have been completed over the years, and both units are occupied by long-term tenants.
A detached 10.5' x 18' garage provides a separate rental component. The property is located at 112 N 13th St in Easton, Pennsylvania, and its two-unit layout combines residential occupancy with additional garage space.
A detached 10.5' x 18' garage provides a separate rental component. The property is located at 112 N 13th St in Easton, Pennsylvania, and its two-unit layout combines residential occupancy with additional garage space.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- First‑floor apartment plus upper unit across the second and third floors
- Fully legal third‑floor bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,528
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,560
$250.6K
Cap Rate 7%
$178,971
$179.0K
Cap Rate 9%
$139,200
$139.2K
Market Conditions
NOI Build-Up for 1,895 SF
Gross rent
$19.3K $10.20/SF
− Vacancy
−$1.4K −$0.76/SF
EGI
$17.9K $9.44/SF
− OpEx
−$5.4K −$2.83/SF
NOI
$12.5K $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%
$250,560
Cap Rate 7%
$178,971
Cap Rate 9%
$139,200
Alternative Uses
Best Use
Multifamily LT 5
$179.0K
$156.6K – $208.8K
NOI $12,528 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$164.7K
$144.1K – $192.2K
NOI $11,531 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$359.4K
$314.5K – $419.3K
NOI $25,160 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,134
Businesses Nearby
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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 - Fully occupied residential income property with two apartments and a separately rentable garage.
Where is this duplex located?
The property is located at 112 N 13th St Easton, PA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; First‑floor apartment plus upper unit across the second and third floors; Fully legal third‑floor bedroom
