Duplex with Detached Brick
1635 Ferry Street, Easton, PA 18042
For Sale
New
$294,900
ResidentialIncome, Wilson Boro, PA
Property Size1,548 SF
Lot Size0.04 Acres
Price / SF$190.50
Days on Market2
Property Features for 1635 Ferry Street
General Information
Property type
Property subtype
Zoning
Parking features
Subdivision
Elementary school district
Middle school district
High school district
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Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
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Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Listing Agency:
BHHS Paul Ford Easton · Prudential Real Estate
(610) 253-6123
Listed By:
Doug Conners
(610) 252-6931
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 12 at 6:06PM
MLS# 787859
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 1,548-square-foot brick duplex contains two residential units. The first-floor apartment has an eat-in kitchen with storage, a living room, a sleeping area, and basement storage access. The second-floor unit includes a living room, bedroom, eat-in kitchen, and full bath. An additional third-floor area can serve as a bedroom, living space, or storage. A fenced yard is also part of the property.
The detached brick garage accommodates two cars and has an opener. The property was built in 1920, sits on 0.041 acres, and is zoned R2. Public water and public sewer serve the site.
The detached brick garage accommodates two cars and has an opener. The property was built in 1920, sits on 0.041 acres, and is zoned R2. Public water and public sewer serve the site.
Key Highlights
- Two residential units in a 1,548‑square‑foot brick building
- Detached brick two‑car garage with opener
- Third‑floor area can be used as a bedroom, living space, or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,234
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,680
$204.7K
Cap Rate 7%
$146,200
$146.2K
Cap Rate 9%
$113,711
$113.7K
Market Conditions
NOI Build-Up for 1,548 SF
Gross rent
$15.8K $10.20/SF
− Vacancy
−$1.2K −$0.76/SF
EGI
$14.6K $9.44/SF
− OpEx
−$4.4K −$2.83/SF
NOI
$10.2K $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%
$204,680
Cap Rate 7%
$146,200
Cap Rate 9%
$113,711
Alternative Uses
Best Use
Multifamily LT 5
$146.2K
$127.9K – $170.6K
NOI $10,234 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$134.6K
$117.8K – $157.0K
NOI $9,420 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$293.6K
$256.9K – $342.5K
NOI $20,552 @ 7.0% cap · market cap 6.97%
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
1,116
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
$205,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Easton, PA
Properties on Market for Duplexes in Easton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units are complemented by flexible third-floor space and a separate garage.
Where is this duplex located?
The property is located at 1635 Ferry Street Easton, PA.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Two residential units in a 1,548‑square‑foot brick building; Detached brick two‑car garage with opener; Third‑floor area can be used as a bedroom, living space, or storage
