Duplex With Detached
1342 3rd Street, Catasauqua, PA 18032
For Sale
New
$495,000
ResidentialIncome, North Catasauqua Bor, PA
Property Size2,282 SF
Lot Size0.23 Acres
Price / SF$216.91
Days on Market5
Property Features for 1342 3rd Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
covered front porch
finished lower level
large yard
Building Details
Year built
Floors in Building
Number of units
Building materials
Buildings
Listing Agency:
One Valley Realty LLC
(610) 432-7175
Listed By:
Eury Vargas
(484) 387-2128
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 787719
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.
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Investment Insights
Based on property information with market context.
This duplex pairs a renovated four-bedroom end-row home with a newly constructed detached accessory apartment offering two bedrooms and one bathroom. The main residence has an updated kitchen, finished lower level, covered front porch, and gas hot-water heat. The apartment has its own entrance, kitchen, ductless heating and cooling, and laundry hookups. A detached garage and driveway provide additional parking. The property is delivered vacant, and both units are described as permitted and renovated or newly built.
The property contains 2,282 square feet on a 0.226-acre lot and was built in 1923. It is zoned R2-Two-Family Residential, with public water and sewer and 200-amp electric service. On- and off-street parking are also available. The property is in the Catasauqua School District.
The property contains 2,282 square feet on a 0.226-acre lot and was built in 1923. It is zoned R2-Two-Family Residential, with public water and sewer and 200-amp electric service. On- and off-street parking are also available. The property is in the Catasauqua School District.
Key Highlights
- Two units: a renovated four‑bedroom main home and a new two‑bedroom, one‑bath detached apartment
- 2,282 square feet on a 0.226‑acre lot
- R2‑Two‑Family Residential zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,264
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,280
$305.3K
Cap Rate 7%
$218,057
$218.1K
Cap Rate 9%
$169,600
$169.6K
Market Conditions
NOI Build-Up for 2,282 SF
Gross rent
$23.6K $10.32/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$21.8K $9.56/SF
− OpEx
−$6.5K −$2.87/SF
NOI
$15.3K $6.69/SF
Area
Lehigh County, PA
Vacancy
7.41%
Lease Rate
$10.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,280
Cap Rate 7%
$218,057
Cap Rate 9%
$169,600
Alternative Uses
Best Use
Multifamily LT 5
$218.1K
$190.8K – $254.4K
NOI $15,264 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$190.4K
$166.6K – $222.2K
NOI $13,331 @ 7.0% cap · market cap 2.69%
Theoretical Best
Mixed Use
$335.6K
$293.6K – $391.5K
NOI $23,490 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
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Business Placement
Demographics for 18032, PA
9,489
Population
4,142
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
4,745
Density / Sq Mi
$79,700
Median Household Income
$47,066
Median Earnings
$1,078
Median Rent
$213,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lehigh County, PA
Properties on Market for Duplexes in Lehigh County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a renovated main home and a newly built, separate apartment, with a detached garage on site.
Where is this duplex located?
The property is located at 1342 3rd Street Catasauqua, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two units: a renovated four‑bedroom main home and a new two‑bedroom, one‑bath detached apartment; 2,282 square feet on a 0.226‑acre lot; R2‑Two‑Family Residential zoning
