Two-Unit Duplex with
For Sale
$300,000
209 East South Street, Slatington, PA 18080
Separate one- and three-bedroom apartments are served by public utilities and include balcony space.
Property Size2,032 SF
Price / SF$147.64
Days on Market185
Property Features for 209 East South Street
General Information
Standard status
Active
Size
2,032 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,704
Amenities
balcony/outdoor space
Building Details
Building Size
2,032 SF
Year Built
1890
Buildings
1
Listing Agency:
EXP Realty LLC
Listed By:
Shawn Dullavin Sr
(888) 397-7352
Source:
Redstonerun
Added: May 1
Changed: Oct 31
Last Checked: Oct 31 at 3:08AM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This 1890 duplex contains 2,032 square feet across two separate apartments. The first-floor residence has one bedroom and one bathroom; the second-floor unit has three bedrooms. An unfinished attic and balcony add to the building’s existing configuration, and public utilities serve the property.
Located at 209 East South Street in Slatington Boro, the property is in Pennsylvania’s Northern Lehigh area. Major routes are accessible from the area.
Located at 209 East South Street in Slatington Boro, the property is in Pennsylvania’s Northern Lehigh area. Major routes are accessible from the area.
Key Highlights
- Two‑unit duplex with 2,032 square feet of living space
- First‑floor unit has 1 bedroom and 1 bathroom
- Second‑floor apartment includes 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
NOI $13,591 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$169.6K
$148.4K – $197.9K
NOI $11,871 @ 7.0% cap · market cap 3.96%
Theoretical Best
Mixed Use
$298.8K
$261.5K – $348.6K
NOI $20,917 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate one- and three-bedroom apartments are served by public utilities and include balcony space.
Where is this duplex located?
The property is located at 209 East 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‑unit duplex with 2,032 square feet of living space; First‑floor unit has 1 bedroom and 1 bathroom; Second‑floor apartment includes 3 bedrooms
