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Two-Unit Duplex with Unfinished Attic
For Sale
$300,000

209 E South Street, Slatington, PA 18080

ResidentialIncome, Slatington Boro, PA

Property Size2,032 SF
Lot Size0.08 Acres
Price / SF$147.64
Days on Market185

Property Features for 209 E South Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning Tr-Town Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1
Parking 1
Parking features Off Street
Subdivision No Subdivision
Elementary school district Northern Lehigh
Middle school district Northern Lehigh
High school district Northern Lehigh
Directions off 309 n, continue straight onto 873 n, continue straight to stay on 873 n, turn right onto e south st. 209 e south st will be on your right hand side.
Standard status Active
APN 556212401435 001
Size 2,032 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 3705

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas, Forced Air
Cooling system Window Unit(s)
Water source Public

Amenities

balcony/outdoor space

Building Details

Year built 1890
Floors in Building 3
Number of units 2
Building materials VinylSiding
Listing Agency: EXP Realty LLC
Listed By: Shawn Dullavin Sr
Added: May 1 Changed: Oct 27 Last Checked: Nov 1 at 11:06AM
MLS# 776139

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex at 209 E South Street contains 2,032 square feet of living area across two residential units. The first-floor residence provides 1 bedroom and 1 bathroom, while the second-floor unit includes 3 bedrooms. A large unfinished attic adds additional uncompleted space within the structure. The property also includes a balcony or other outdoor area and off-street parking.

Built in 1890, the home has vinyl siding, natural gas heating with baseboard and forced-air systems, and window-unit cooling. Public water and public sewer serve the property. It is located in Slatington Boro, Pennsylvania, within Lehigh County, and is zoned Tr-Town Residential.

Key Highlights

  • Two residential units totaling 2,032 square feet
  • First‑floor unit with 1 bedroom and 1 bathroom
  • Second‑floor unit with 3 bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,591
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,820 $271.8K
Cap Rate 7%
$194,157 $194.2K
Cap Rate 9%
$151,011 $151.0K
Market Conditions
NOI Build-Up for 2,032 SF
Gross rent
$21.0K $10.32/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$19.4K $9.56/SF
− OpEx
−$5.8K −$2.87/SF
NOI
$13.6K $6.69/SF
Area
Lehigh County, PA
Vacancy
7.41%
Lease Rate
$10.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,820
Cap Rate 7%
$194,157
Cap Rate 9%
$151,011

Alternative Uses

Best Use
Multifamily LT 5
$194.2K
$169.9K – $226.5K (±1% cap)
NOI $13,591 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$169.6K
$148.4K – $197.9K (±1% cap)
NOI $11,871 @ 7.0% cap · market cap 3.96%
Theoretical Best
Mixed Use
$298.8K
$261.5K – $348.6K (±1% cap)
NOI $20,917 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 18080, PA

11,454
Population
4,947
Households
2.3
Avg Household Size
45
Median Age
20%
College-Educated
91%
High-School Grad
30.2 sq mi
ZIP Area
379
Density / Sq Mi
$73,947
Median Household Income
$47,723
Median Earnings
$808
Median Rent
$254,200
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 residential units with public utilities, off-street parking, and separate living layouts.
Where is this duplex located?
The property is located at 209 E South Street Slatington, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two residential units totaling 2,032 square feet; First‑floor unit with 1 bedroom and 1 bathroom; Second‑floor unit with 3 bedrooms
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