10-Unit Affordable Apartment
For Sale
Contact for pricing
1198 Butler St, Easton, PA 18042
All residences feature two-bedroom layouts with central heating and air conditioning.
Property SizeContact for details
Days on Market145
Property Features for 1198 Butler St
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
10 x 2-bedroom
Multifamily Units
10
Building Details
Year Built
1995
Listing Agency:
GREA
Listed By:
Ken Wellar · License #PA 10401252368
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:29AM
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 GREA
Investment Insights
Based on property information with market context.
This 10-unit apartment property includes nine affordable residences and one market-rate residence, with every unit configured as a two-bedroom apartment. Central heating and air conditioning serve the building. Constructed and placed in service in 1995, the property operates within the Federal Deposit Insurance Corporation’s Affordable Housing Program.
The unit profile includes seven apartments reserved for households earning 80% or less of area median income and two apartments reserved for households earning 50% or less of area median income. One additional apartment may be leased at market rent. Designated affordable units and program compliance requirements remain in effect through 2034. The offering includes the fee simple interest in the property.
The unit profile includes seven apartments reserved for households earning 80% or less of area median income and two apartments reserved for households earning 50% or less of area median income. One additional apartment may be leased at market rent. Designated affordable units and program compliance requirements remain in effect through 2034. The offering includes the fee simple interest in the property.
Key Highlights
- 10 total apartments: 9 affordable units and 1 market‑rate unit
- All 10 units have two‑bedroom configurations
- Central heat/air conditioning throughout the property
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
1,162
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
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Frequently Asked Questions
What type of property is this?
Apartment building - All residences feature two-bedroom layouts with central heating and air conditioning.
Where is this apartment building located?
The property is located at 1198 Butler St Easton, PA.
What are key features of this property?
This property features: 10 total apartments: 9 affordable units and 1 market‑rate unit; All 10 units have two‑bedroom configurations; Central heat/air conditioning throughout the property
