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Two-Unit Duplex with Rear Parcel
New
For Sale
$439,000

310 & 312 S MAIN Street, Nazareth, PA 18064

Multi-Family, NAZARETH, PA

Property Size3,317 SF
Lot Size0.16 Acres
Price / SF$132.35
Days on Market2

Property Features for 310 & 312 S MAIN Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Dining Room, Basement
Parking 1
Parking features Garage - Attached, Off Street, On Street, Driveway
Interior features Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Galley, Pantry, Wood Floors, Kitchen - Eat-In, Floor Plan - Traditional, Bathroom - Tub Shower, Additional Stairway
Subdivision NONE AVAIBLE
Elementary school district NAZARETH AREA
Middle school district NAZARETH AREA
High school district NAZARETH AREA
Standard status Active
Size 3,317 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 5859

Utilities

Heating system Forced Air
Cooling system Window Unit(s), Ductless

Amenities

mini-split systems
oil forced-air heating
rear parking
one-car garage

Building Details

Year built 1900
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Lusk & Associates Sotheby's International Realty
Listed By: Ericka Kirkpatrick · License #ab066227
Added: Oct 27 Last Checked: Oct 28 at 1:06PM
MLS# PANH2010944

Copyright © 2026 Bright MLS. 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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 3,317-square-foot residence at 310 and 312 S. Main Street contains two side-by-side units on a single deed. The four-bedroom unit has 1.5 bathrooms, wood floors, mini-split systems, rear parking and interior access to an attached one-car garage. The second unit includes two bedrooms, one bathroom, a kitchen, and living and dining areas beneath nine-foot ceilings. The building dates to 1900.

The offering also includes the separate parcel at 313 S. Green Street. Conceptual drawings show a possible duplex on that parcel, but they are not approved building plans. Any development would require verification of zoning, permitted uses, feasibility and municipal approvals.

Key Highlights

  • 3,317‑square‑foot residence with two side‑by‑side units
  • Four‑bedroom unit has 1.5 bathrooms; second unit has two bedrooms and one bathroom
  • Separate utilities for each residence; both are conveyed on one deed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,928
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,560 $438.6K
Cap Rate 7%
$313,257 $313.3K
Cap Rate 9%
$243,644 $243.6K
Market Conditions
NOI Build-Up for 3,317 SF
Gross rent
$33.8K $10.20/SF
− Vacancy
−$2.5K −$0.76/SF
EGI
$31.3K $9.44/SF
− OpEx
−$9.4K −$2.83/SF
NOI
$21.9K $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%
$438,560
Cap Rate 7%
$313,257
Cap Rate 9%
$243,644

Alternative Uses

Best Use
Multifamily LT 5
$313.3K
$274.1K – $365.5K (±1% cap)
NOI $21,928 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$288.4K
$252.3K – $336.4K (±1% cap)
NOI $20,185 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$629.1K
$550.5K – $734.0K (±1% cap)
NOI $44,039 @ 7.0% cap · market cap 10.03%
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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 18064, PA

27,696
Population
10,659
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
38.5 sq mi
ZIP Area
719
Density / Sq Mi
$102,857
Median Household Income
$58,471
Median Earnings
$1,235
Median Rent
$354,700
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 - The side-by-side residences have separate utilities and are conveyed together on one deed.
Where is this duplex located?
The property is located at 310 & 312 S MAIN Street Nazareth, PA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 3,317‑square‑foot residence with two side‑by‑side units; Four‑bedroom unit has 1.5 bathrooms; second unit has two bedrooms and one bathroom; Separate utilities for each residence; both are conveyed on one deed
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