Brick Duplex with Two
For Sale
$359,000
263 Lincoln Street, Easton, PA 18042
ResidentialIncome, Easton, PA
Property Size1,960 SF
Lot Size0.13 Acres
Price / SF$183.16
Days on Market10
Property Features for 263 Lincoln Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
10RMD
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking
2
Subdivision
Not in Development
Elementary school district
Easton
Middle school district
Easton
High school district
Easton
Directions
From Wilson, take Lehigh St toward Easton. Continue into South Side Easton, turn onto Lincoln St, and proceed to 263 E Lincoln St. Property will be on your right.
Standard status
Active
APN
L9SE3D-29-14-0310
Size
1,960 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
4732
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Other (Heating)
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Brick
Listing Agency:
IronValley RE of Lehigh Valley
(610) 766-7200
Listed By:
Anderson Zuleta Medina
(484) 707-0463
Added: Sep 3
Changed: Sep 10
Last Checked: Sep 12 at 8:06AM
MLS# 783946
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.
Investment Insights
Based on property information with market context.
This two-unit residential property contains 1,960 square feet on a 0.133-acre lot. The brick structure dates to 1900 and includes three bedrooms and two bathrooms, with each unit providing its own living area. Heating is supplied by natural gas, while window unit cooling is available. Public water and public sewer serve the property.
The property is located in Easton near shopping, dining, public transportation, and major roadways. It is zoned 10RMD and offers a two-unit configuration suited to residential income use or owner occupancy with an additional unit.
The property is located in Easton near shopping, dining, public transportation, and major roadways. It is zoned 10RMD and offers a two-unit configuration suited to residential income use or owner occupancy with an additional unit.
Key Highlights
- Two‑unit property with 1,960 square feet of building area
- Three bedrooms and two bathrooms
- 0.133‑acre lot in Easton, PA
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,957
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 3.61%
Second Best
Apartment 5plus
$170.4K
$149.1K – $198.8K
NOI $11,927 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$371.8K
$325.3K – $433.7K
NOI $26,023 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate living spaces, natural-gas heating, and public water and sewer service.
Where is this duplex located?
The property is located at 263 Lincoln Street Easton, PA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Two‑unit property with 1,960 square feet of building area; Three bedrooms and two bathrooms; 0.133‑acre lot in Easton, PA
