Two-Unit Duplex with Detached
New
For Sale
$295,000
1831 Lehigh Street, Easton, PA 18042
Separate garage parking provides one space for each residence.
Property Size1,684 SF
Price / SF$175.18
Days on Market3
Property Features for 1831 Lehigh Street
General Information
Standard status
Active
Size
1,684 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Multifamily Units
2
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$4,714
Building Details
Tenancy
Multi
Listing Agency:
DKR Property Mgmt & Maint LLC
Listed By:
Jeanne Rossi
(610) 419-6101
Source:
Exprealty
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:27AM
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 DKR Property Mgmt & Maint LLC
Investment Insights
Based on property information with market context.
This duplex in Easton contains two residences totaling 1,684 square feet, along with a detached two-car garage. Each unit has one garage space. One residence is occupied by a long-term tenant who wishes to stay; the occupant of the other unit is preparing to relocate, creating a potential change in occupancy.
The owner covers water, sewer, trash, common-area electricity, and gas heat. Residents pay their own unit electricity, hot water, and cooking utilities.
The owner covers water, sewer, trash, common-area electricity, and gas heat. Residents pay their own unit electricity, hot water, and cooking utilities.
Key Highlights
- Two residences totaling 1,684 square feet
- Detached two‑car garage with one space assigned to each unit
- One long‑term resident wishes to remain; the other unit's tenant is relocating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,133
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,660
$222.7K
Cap Rate 7%
$159,043
$159.0K
Cap Rate 9%
$123,700
$123.7K
Market Conditions
NOI Build-Up for 1,684 SF
Gross rent
$17.2K $10.20/SF
− Vacancy
−$1.3K −$0.76/SF
EGI
$15.9K $9.44/SF
− OpEx
−$4.8K −$2.83/SF
NOI
$11.1K $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%
$222,660
Cap Rate 7%
$159,043
Cap Rate 9%
$123,700
Alternative Uses
Best Use
Multifamily LT 5
$159.0K
$139.2K – $185.6K
NOI $11,133 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$146.4K
$128.1K – $170.8K
NOI $10,247 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$319.4K
$279.5K – $372.6K
NOI $22,358 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,172
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Separate garage parking provides one space for each residence.
Where is this duplex located?
The property is located at 1831 Lehigh Street Easton, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two residences totaling 1,684 square feet; Detached two‑car garage with one space assigned to each unit; One long‑term resident wishes to remain; the other unit's tenant is relocating
