Two-Unit Duplex
For Sale
$339,000
263 Lincoln St, Easton, PA 18042
Two separate residential units offer flexible occupancy for an owner-occupant or rental operator.
Property Size1,960 SF
Price / SF$172.96
Days on Market52
Property Features for 263 Lincoln St
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
IronValley RE of Lehigh Valley
Listed By:
Anderson Zuleta Medina
(484) 707-0463
Source:
Jennysoldmine
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 7 at 4:11PM
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 IronValley RE of Lehigh Valley
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Investment Insights
Based on property information with market context.
This duplex contains two separate residential units within a 1,960-square-foot property built in 1900. Each unit provides its own living area and functional floor plan, supporting separate occupancy within the building.
The property is located in Easton near shopping, dining, public transportation, and major roadways. Its setting provides access to area services and transportation connections throughout Easton and the surrounding Lehigh Valley.
The property is located in Easton near shopping, dining, public transportation, and major roadways. Its setting provides access to area services and transportation connections throughout Easton and the surrounding Lehigh Valley.
Key Highlights
- Two‑unit duplex property
- 1,960 square feet of total property size
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,957
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,140
$259.1K
Cap Rate 7%
$185,100
$185.1K
Cap Rate 9%
$143,967
$144.0K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$20.0K $10.20/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$18.5K $9.44/SF
− OpEx
−$5.6K −$2.83/SF
NOI
$13.0K $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%
$259,140
Cap Rate 7%
$185,100
Cap Rate 9%
$143,967
Alternative Uses
Best Use
Multifamily LT 5
$185.1K
$162.0K – $216.0K
NOI $12,957 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$170.4K
$149.1K – $198.8K
NOI $11,927 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$371.8K
$325.3K – $433.7K
NOI $26,023 @ 7.0% cap · market cap 7.68%
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
427
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residential units offer flexible occupancy for an owner-occupant or rental operator.
Where is this duplex located?
The property is located at 263 Lincoln St Easton, PA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two‑unit duplex property; 1,960 square feet of total property size; Built in 1900
