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Mixed-Use 2-Unit Building
For Sale
$350,000

1303 northampton Street, Easton, PA 18042

ResidentialIncome, Easton, PA

Property Size2,190 SF
Lot Size0.08 Acres
Price / SF$159.82
Days on Market409

Property Features for 1303 northampton Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning B-Ns-Business/Neighborhoo
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Parking 2
Security features Security
Subdivision Not in Development
Elementary school district Easton
Middle school district Easton
High school district Easton
Directions 22E to Easton, take 13th St Exit, straight onto Wood Ave, right onto N. 13th St, right onto Northampton St, property on the right
Standard status Active
APN L9SW2B 15 12 0310
Size 2,190 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 10097

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1900
Number of units 2
Building materials Brick
Listing Agency: Harvey Z Raad Real Estate
Listed By: Barbara Detres
Added: Aug 24, 2025 Changed: Sep 29 Last Checked: Oct 6 at 4:06PM
MLS# 763494

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 2,190-square-foot mixed-use building combines a street-level retail area with a three-bedroom apartment occupying the second and third floors. The commercial portion has a direct entrance from the sidewalk and was formerly used as a smoke shop. The upper residence includes three bedrooms and two bathrooms, providing a distinct residential component within the same property.

Located at 1303 Northampton Street in Easton, Pennsylvania, the property carries B-Ns-Business/Neighborhoo zoning and includes public water and public sewer service. Brick construction, natural-gas heating, and window-unit cooling are reported. Built in 1900, the building sits on a 0.078-acre lot and offers a live-work configuration or separate commercial and residential use, subject to applicable zoning requirements.

Key Highlights

  • 2,190‑square‑foot mixed‑use building on a 0.078‑acre lot
  • Street‑level first‑floor retail area with direct sidewalk entrance
  • Three‑bedroom apartment spans the second and third floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,716
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,320 $454.3K
Cap Rate 7%
$324,514 $324.5K
Cap Rate 9%
$252,400 $252.4K
Market Conditions
NOI Build-Up for 2,190 SF
Gross rent
$32.9K $15.00/SF
− Vacancy
−$2.6K −$1.17/SF
EGI
$30.3K $13.83/SF
− OpEx
−$7.6K −$3.46/SF
NOI
$22.7K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,320
Cap Rate 7%
$324,514
Cap Rate 9%
$252,400

Alternative Uses

Best Use
Office B
$324.5K
$284.0K – $378.6K (±1% cap)
NOI $22,716 @ 7.0% cap · market cap 6.49%
Second Best
Mixed Use
$316.8K
$277.2K – $369.6K (±1% cap)
NOI $22,174 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$415.4K
$363.5K – $484.6K (±1% cap)
NOI $29,076 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Carrie's Smoke Shop (Bike/Boat/Book/etc) Store My New Smoke (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,134
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail-zoned ground-floor space is paired with a three-bedroom apartment across the upper levels.
Where is this mixed-use property located?
The property is located at 1303 northampton Street Easton, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,190‑square‑foot mixed‑use building on a 0.078‑acre lot; Street‑level first‑floor retail area with direct sidewalk entrance; Three‑bedroom apartment spans the second and third floors
More about this property
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