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Mixed-Use Property with Apartment
For Sale
$329,500

17 N 4th Street, Emmaus, PA 18049

ResidentialIncome, Emmaus Boro, PA

Property Size1,620 SF
Lot Size0.07 Acres
Price / SF$203.40
Days on Market60

Property Features for 17 N 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning B-C Central Commercial
Parking 8
Parking features On Street, Off Street
Subdivision Not in Development
Elementary school district East Penn
Middle school district East Penn
High school district East Penn
Directions 1/2 North of Emmaus Triangle on 4th St.
Standard status Active
APN 549466100170 1
Size 1,620 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 4272

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas
Cooling system Ceiling Fan(s), Window Unit(s)
Water source Public

Building Details

Year built 1885
Floors in Building 2
Number of units 2
Flooring type Carpet
Building materials Brick
Listing Agency: Hawthorne Real Estate
Listed By: Mark Smith
Added: Aug 15 Changed: Sep 12 Last Checked: Oct 13 at 6:06PM
MLS# 782791

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 mixed-use building combines a commercial first floor with a vacant two-bedroom apartment on the level above. The commercial area is partially leased to a hair salon, which has occupied the space since 2020. The residence is described as brand new, while the building includes brick construction, carpet flooring, natural gas and electric heating, and window-unit cooling supplemented by ceiling fans.

The property contains 1,620 square feet on a 0.069-acre parcel at 17 N 4th Street in Emmaus Boro. Parking is available both off street at the rear and on street. Public water and public sewer serve the property, which was built in 1885. It is one of two twin properties offered separately, with each located on its own deed.

Key Highlights

  • 1,620‑square‑foot mixed‑use building on a 0.069‑acre parcel
  • Commercial first floor with a vacant two‑bedroom apartment above
  • First‑floor hair salon occupancy dates to 2020

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,676
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,520 $333.5K
Cap Rate 7%
$238,229 $238.2K
Cap Rate 9%
$185,289 $185.3K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$29.2K $18.00/SF
− Vacancy
−$2.5K −$1.53/SF
EGI
$26.7K $16.47/SF
− OpEx
−$10.0K −$6.18/SF
NOI
$16.7K $10.29/SF
Area
Lehigh County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,520
Cap Rate 7%
$238,229
Cap Rate 9%
$185,289

Alternative Uses

Best Use
Mixed Use
$238.2K
$208.5K – $277.9K (±1% cap)
NOI $16,676 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$135.2K
$118.3K – $157.7K (±1% cap)
NOI $9,464 @ 7.0% cap · market cap 2.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Restaurant Food Market Law Firm Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

718
Businesses Nearby

Demographics for 18049, PA

18,440
Population
7,659
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
1,229
Density / Sq Mi
$93,924
Median Household Income
$44,310
Median Earnings
$1,316
Median Rent
$282,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space below a vacant two-bedroom apartment, with rear parking and B-C Central Commercial zoning.
Where is this mixed-use property located?
The property is located at 17 N 4th Street Emmaus, PA.
What is the asking price?
The asking price for this property is $329,500.
What are key features of this property?
This property features: 1,620‑square‑foot mixed‑use building on a 0.069‑acre parcel; Commercial first floor with a vacant two‑bedroom apartment above; First‑floor hair salon occupancy dates to 2020
More about this property
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