Two-Unit Duplex with Separate
For Sale
$300,000
139 S 9th St, Easton, PA 18042
Two residential units include existing occupancy, flexible bedroom layouts, basement storage, and private backyard access.
Property Size1,526 SF
Price / SF$196.59
Days on Market52
Property Features for 139 S 9th St
General Information
Standard status
Active
Size
1,526 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR, 1 x 2/3BR
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Stories
3
Listing Agency:
Keller Williams Northampton
Listed By:
Matthew L. Bell
(610) 207-9262
Source:
Jennysoldmine
Added: Sep 7
Changed: Oct 26
Last Checked: Oct 7 at 5:27PM
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 Keller Williams Northampton
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Investment Insights
Based on property information with market context.
This duplex contains two residential units within 1,526 square feet. The first-floor apartment has one bedroom, spacious living areas, basement storage, and private access to the backyard. It is occupied by a long-term tenant and provides current rental income. The upper residence extends across the second and third floors and includes two to three bedrooms, an eat-in kitchen, multiple living areas, and additional third-floor space suitable for a private primary suite with ample closet capacity.
Each unit has separate utilities, supporting distinct management of the residences. The upper apartment offers room for updates and customization, while the property’s location near major roads provides access to shopping, dining, entertainment, and other Easton amenities.
Each unit has separate utilities, supporting distinct management of the residences. The upper apartment offers room for updates and customization, while the property’s location near major roads provides access to shopping, dining, entertainment, and other Easton amenities.
Key Highlights
- Two‑unit duplex totaling 1,526 square feet
- First‑floor 1‑bedroom apartment occupied by a long‑term tenant
- Upper apartment spans the 2nd and 3rd floors with 2 to 3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,088
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,760
$201.8K
Cap Rate 7%
$144,114
$144.1K
Cap Rate 9%
$112,089
$112.1K
Market Conditions
NOI Build-Up for 1,526 SF
Gross rent
$15.6K $10.20/SF
− Vacancy
−$1.2K −$0.76/SF
EGI
$14.4K $9.44/SF
− OpEx
−$4.3K −$2.83/SF
NOI
$10.1K $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%
$201,760
Cap Rate 7%
$144,114
Cap Rate 9%
$112,089
Alternative Uses
Best Use
Multifamily LT 5
$144.1K
$126.1K – $168.1K
NOI $10,088 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$132.7K
$116.1K – $154.8K
NOI $9,286 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$289.4K
$253.3K – $337.7K
NOI $20,260 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,228
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include existing occupancy, flexible bedroom layouts, basement storage, and private backyard access.
Where is this duplex located?
The property is located at 139 S 9th St Easton, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,526 square feet; First‑floor 1‑bedroom apartment occupied by a long‑term tenant; Upper apartment spans the 2nd and 3rd floors with 2 to 3 bedrooms
