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Duplex with Three Garages
For Sale
$315,000

200 N 8th St, Easton, PA 18042

Two occupied apartments each include a bedroom, full bath, and separate laundry access.

Property Size1,850 SF
Price / SF$170.27
Days on Market10

Property Features for 200 N 8th St

General Information

Standard status Active
Size 1,850 SF
Total Parking Spaces 3
Property subtype Multi-Family

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

laundry

Building Details

Year Built 1900
Listing Agency: Keller Williams Real Estate - Bethlehem
Listed By: Kelly Houston · License #405412
Source: Viewmarylandhomesforsale
Added: Oct 14 Changed: Oct 19 Last Checked: Oct 23 at 7:13AM

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 Real Estate - Bethlehem

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Investment Insights

Based on property information with market context.

This duplex contains two units, each with one bedroom and one full bathroom. Separate laundry access serves each apartment, and the second-floor unit has updated flooring and attic storage. The property also includes three garages for parking or storage.

Both apartments are tenant-occupied under month-to-month leases. Public water and sewer serve the property.

Key Highlights

  • Two units, each with 1 bedroom and 1 full bathroom
  • Three garages provide parking and storage
  • Separate laundry access for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,230
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,600 $244.6K
Cap Rate 7%
$174,714 $174.7K
Cap Rate 9%
$135,889 $135.9K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$18.9K $10.20/SF
− Vacancy
−$1.4K −$0.76/SF
EGI
$17.5K $9.44/SF
− OpEx
−$5.2K −$2.83/SF
NOI
$12.2K $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%
$244,600
Cap Rate 7%
$174,714
Cap Rate 9%
$135,889

Alternative Uses

Best Use
Multifamily LT 5
$174.7K
$152.9K – $203.8K (±1% cap)
NOI $12,230 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$160.8K
$140.7K – $187.6K (±1% cap)
NOI $11,258 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$350.9K
$307.0K – $409.4K (±1% cap)
NOI $24,562 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,711
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two occupied apartments each include a bedroom, full bath, and separate laundry access.
Where is this duplex located?
The property is located at 200 N 8th St Easton, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 full bathroom; Three garages provide parking and storage; Separate laundry access for each unit
More about this property
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