Four-Unit Quadplex with Ranch
For Sale
$624,900
1651 St Canal, Northampton, PA 18067
ResidentialIncome, Northampton Boro, PA
Property Size2,998 SF
Lot Size0.24 Acres
Price / SF$208.44
Days on Market94
Property Features for 1651 St Canal
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
R-2-Residential
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 2, Bathroom 1
Parking
2
Subdivision
Not in Development
Elementary school district
Northampton
Middle school district
Northampton
High school district
Northampton
Directions
Rt 329 (21st St Northampton) to Canal St. Property is on left.
Standard status
Active
APN
M4NW1B 4 6 0522
Size
2,998 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
5956
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Amenities
washer/dryer hook-up
Building Details
Year built
1900
Number of units
4
Building materials
Brick, VinylSiding
Listing Agency:
Miklas Realty
(610) 837-4888
Listed By:
Michael C. Dickinson
(610) 248-3098
Added: Jul 9
Changed: Oct 6
Last Checked: Oct 10 at 4:06PM
MLS# 780534
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 occupied four-unit residential property combines three apartments with a detached ranch home at the rear. The 2,998-square-foot property includes a two-bedroom, one-bath apartment; a large one-bedroom apartment spanning the second and third floors; a second-floor one-bedroom apartment; and a detached three-bedroom, one-bath ranch with a full basement. Washer and dryer hookups serve the first apartment and rear home. All units use natural-gas hot-water heat, with window unit cooling. Units 1 and 3 have new water heaters.
Set on a 0.242-acre corner lot in Northampton Boro, the property has brick and vinyl siding, public water, and public sewer. All units are occupied, and tenants pay their own utilities other than trash. The property is zoned R-2-Residential and was built in 1900.
Set on a 0.242-acre corner lot in Northampton Boro, the property has brick and vinyl siding, public water, and public sewer. All units are occupied, and tenants pay their own utilities other than trash. The property is zoned R-2-Residential and was built in 1900.
Key Highlights
- Four occupied residential units with three apartments and a detached three‑bedroom ranch home
- 2,998 square feet on a 0.242‑acre corner lot
- Unit mix includes 2‑bedroom and 1‑bedroom apartments plus a 3‑bedroom, 1‑bath ranch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,820
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,400
$396.4K
Cap Rate 7%
$283,143
$283.1K
Cap Rate 9%
$220,222
$220.2K
Market Conditions
NOI Build-Up for 2,998 SF
Gross rent
$30.6K $10.20/SF
− Vacancy
−$2.3K −$0.76/SF
EGI
$28.3K $9.44/SF
− OpEx
−$8.5K −$2.83/SF
NOI
$19.8K $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%
$396,400
Cap Rate 7%
$283,143
Cap Rate 9%
$220,222
Alternative Uses
Best Use
Multifamily LT 5
$283.1K
$247.8K – $330.3K
NOI $19,820 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$260.6K
$228.0K – $304.1K
NOI $18,243 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$568.6K
$497.6K – $663.4K
NOI $39,804 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 18067, PA
19,800
Population
8,678
Households
2.3
Avg Household Size
44
Median Age
27%
College-Educated
95%
High-School Grad
25.5 sq mi
ZIP Area
776
Density / Sq Mi
$89,965
Median Household Income
$53,669
Median Earnings
$1,244
Median Rent
$265,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Occupied multifamily property with varied apartment layouts, a detached ranch home, and tenant-paid utilities except trash.
Where is this quadplex located?
The property is located at 1651 St Canal Northampton, PA.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Four occupied residential units with three apartments and a detached three‑bedroom ranch home; 2,998 square feet on a 0.242‑acre corner lot; Unit mix includes 2‑bedroom and 1‑bedroom apartments plus a 3‑bedroom, 1‑bath ranch
