Duplex with Detached-Scale
225 3rd Street S, Bangor, PA 18013
For Sale
New
$339,900
Residential, Bangor Boro, PA
Property Size2,032 SF
Lot Size0.18 Acres
Price / SF$167.27
Days on Market3
Property Features for 225 3rd Street S
General Information
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Listing Agency:
IronValley RE of Lehigh Valley
(610) 766-7200
Listed By:
Emily E. Kerecman
(610) 573-9373
Added: Nov 5
Changed: Nov 7
Last Checked: Nov 7 at 5:06PM
MLS# 787403
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.
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Investment Insights
Based on property information with market context.
This 2,032-square-foot duplex combines a three-bedroom main home with an attached one-bedroom apartment. The main residence includes one-and-a-half bathrooms, hardwood flooring on the first level and upper hallway, and a sunroom; the apartment has its own sunroom. Both kitchens have farmhouse sinks, and the property includes a 35-by-30-foot garage with 11-foot ceilings. A new roof, gutters, and soffit complement newer windows, updated lighting, and refreshed interior finishes.
The terraced grounds frame views of downtown Bangor and the surrounding mountains. Separate water, sewer, electric, and trash services are in place. The building has multifamily approval on file with Bangor Borough and will transfer with a clear certificate of occupancy. Built in 1920, the property sits on 0.179 acres and is served by public water and sewer.
The terraced grounds frame views of downtown Bangor and the surrounding mountains. Separate water, sewer, electric, and trash services are in place. The building has multifamily approval on file with Bangor Borough and will transfer with a clear certificate of occupancy. Built in 1920, the property sits on 0.179 acres and is served by public water and sewer.
Key Highlights
- 2,032 square feet with a three‑bedroom main home and attached one‑bedroom apartment
- 35' x 30' garage with 11' ceilings
- Separate water, sewer, electric, and trash services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,433
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,660
$268.7K
Cap Rate 7%
$191,900
$191.9K
Cap Rate 9%
$149,256
$149.3K
Market Conditions
NOI Build-Up for 2,032 SF
Gross rent
$20.7K $10.20/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$19.2K $9.44/SF
− OpEx
−$5.8K −$2.83/SF
NOI
$13.4K $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%
$268,660
Cap Rate 7%
$191,900
Cap Rate 9%
$149,256
Alternative Uses
Best Use
Multifamily LT 5
$191.9K
$167.9K – $223.9K
NOI $13,433 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$176.6K
$154.6K – $206.1K
NOI $12,365 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$385.4K
$337.2K – $449.6K
NOI $26,978 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
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Business Placement
Demographics for 18013, PA
17,436
Population
7,401
Households
2.4
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
63.0 sq mi
ZIP Area
277
Density / Sq Mi
$76,116
Median Household Income
$37,107
Median Earnings
$1,088
Median Rent
$245,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Northampton County, PA
Properties on Market for Duplexes in Northampton County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom main residence is paired with a separate one-bedroom apartment and distinct utility services.
Where is this duplex located?
The property is located at 225 3rd Street S Bangor, PA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 2,032 square feet with a three‑bedroom main home and attached one‑bedroom apartment; 35' x 30' garage with 11' ceilings; Separate water, sewer, electric, and trash services
