Quadplex with Detached Two-Car
New
For Sale
$530,000
1337 Washington Street, Easton, PA 18042
MULTI_FAMILY - Easton, PA
Property Size3,778 SF
Lot Size0.09 Acres
Price / SF$140.29
Days on Market3
Property Features for 1337 Washington Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
RMD
Bedrooms
6
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 4
Parking
2
Parking features
Garage, Off Street, On Street
Subdivision
Not in Development
Elementary school district
Easton
Middle school district
Easton
High school district
Easton
Directions
Directions: From Route 22, take the 13th Street exit south toward Easton. Continue on N. 13th St., turn right onto Washington St. Property is on the right at 1337 Washington St.
Standard status
Active
APN
L9SW2C 23 12 0310
Size
3,778 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
6532
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1922
Floors in Building
3
Number of units
4
Building materials
Stone, VinylSiding
Listing Agency:
Steel City Realty
(484) 895-9005
Listed By:
Jennifer L. DeJesus · License #RM423820
(610) 217-6330
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 11:06PM
MLS# 781633
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 quadplex provides four residential units in a well-maintained, income-producing setup. Construction includes stone and vinyl siding, and the property is served by public water and public sewer. Heating is electric. The building is complemented by a detached two-car garage with a loft, and parking is available with on-street, off-street, and garage parking. Tenants pay all utilities, along with lawn care and snow removal.
The property is located at 1337 Washington Street in Easton, Pennsylvania 18042 within Northampton County. The lot size is 0.088 acres, and the property size is 3,778 square feet. The property is zoned RMD and was built in 1922.
The unit layout includes multiple bedrooms and bathrooms across the four units, supporting a straightforward residential income configuration.
The property is located at 1337 Washington Street in Easton, Pennsylvania 18042 within Northampton County. The lot size is 0.088 acres, and the property size is 3,778 square feet. The property is zoned RMD and was built in 1922.
The unit layout includes multiple bedrooms and bathrooms across the four units, supporting a straightforward residential income configuration.
Key Highlights
- Four‑unit quadplex with tenants paying utilities plus lawn care and snow removal
- Detached two‑car garage with a loft, plus on‑street and off‑street parking
- Zoned RMD and served by public water and public sewer
Financial Insights For Multifamily LT 5
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 | $38.5k | $10.20 |
| − Vacancy | −$2.9k | −$0.76 |
| EGI | $35.7k | $9.44 |
| − OpEx | −$10.7k | −$2.83 |
| NOI | $25.0k | $6.61 |
3,778 SF · lease $10.20/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$356.8K
$312.2K – $416.3K
NOI $24,976 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$328.4K
$287.4K – $383.2K
NOI $22,990 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$716.6K
$627.0K – $836.0K
NOI $50,160 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,200
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex in Easton zoned RMD with public utilities, electric heat, and a detached two-car garage with loft.
Where is this quadplex located?
The property is located at 1337 Washington Street Easton, PA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Four‑unit quadplex with tenants paying utilities plus lawn care and snow removal; Detached two‑car garage with a loft, plus on‑street and off‑street parking; Zoned RMD and served by public water and public sewer
