Victorian Triplex with River
New
For Sale
$619,000
332 Clinton Terrace, Easton, PA 18042
ResidentialIncome, Easton, PA
Property Size4,831 SF
Lot Size0.49 Acres
Price / SF$128.13
Days on Market4
Property Features for 332 Clinton Terrace
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
10RLD
Bedrooms
8
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bathroom 2, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2
Parking
4
Parking features
Garage, On Street, Off Street
Security features
Security
Interior features
Balcony
Subdivision
Not in Development
Elementary school district
Easton
Middle school district
Easton
High school district
Easton
Directions
from downtown Easton take 3rd street north to college ave/ cattell street, then right onto clinton terrace. Property is on right.
Standard status
Active
APN
L9NE3B-8-4-0310
Size
4,831 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Annual Amount
8996
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Natural Gas, Hot Water(Heating)
Cooling system
Window Unit(s)
Water source
Public
Amenities
wrap-around porch
decks
juliette balcony
yard
Building Details
Year built
1900
Floors in Building
2
Number of units
3
Flooring type
Hardwood
Building materials
Frame, VinylSiding
Listing Agency:
Free Bridge Realty LLC
Listed By:
Ellen Shaughnessy
(610) 252-2552
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 1 at 5:06AM
MLS# 787159
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.
Built in 1900, this 4,831-square-foot Victorian triplex occupies a 0.488-acre parcel and includes three apartments. Outdoor areas include a wraparound porch, decks, and a Juliet balcony. Interior character features include 12-foot ceilings, plaster crown molding, Lincrusta stairwell detailing, and hardwood floors. The kitchens have been updated, and the property has window-unit cooling and natural-gas hot-water heating.
Recent work includes a new roof, sidewalks, siding, a hard-wired fire detection system, and a lined and capped chimney. A new boiler was installed in 2026. Public water and sewer serve the property, which is zoned 10RLD.
The property offers views of the Delaware River and New Jersey. Lafayette College, shops, restaurants, downtown boutiques, and the Karl Stirner Arts Trail along Bushkill Creek are nearby; New Jersey and commuting routes are about a mile away. Garage, off-street, and on-street parking are available.
Recent work includes a new roof, sidewalks, siding, a hard-wired fire detection system, and a lined and capped chimney. A new boiler was installed in 2026. Public water and sewer serve the property, which is zoned 10RLD.
The property offers views of the Delaware River and New Jersey. Lafayette College, shops, restaurants, downtown boutiques, and the Karl Stirner Arts Trail along Bushkill Creek are nearby; New Jersey and commuting routes are about a mile away. Garage, off-street, and on-street parking are available.
Key Highlights
- Three apartments in a 4,831‑square‑foot Victorian built in 1900
- 0.488‑acre parcel with 10RLD zoning
- Wraparound porch, decks, and a Juliet balcony; river and New Jersey views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,937
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,740
$638.7K
Cap Rate 7%
$456,243
$456.2K
Cap Rate 9%
$354,856
$354.9K
Market Conditions
NOI Build-Up for 4,831 SF
Gross rent
$49.3K $10.20/SF
− Vacancy
−$3.7K −$0.76/SF
EGI
$45.6K $9.44/SF
− OpEx
−$13.7K −$2.83/SF
NOI
$31.9K $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%
$638,740
Cap Rate 7%
$456,243
Cap Rate 9%
$354,856
Alternative Uses
Best Use
Multifamily LT 5
$456.2K
$399.2K – $532.3K
NOI $31,937 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$420.0K
$367.5K – $490.0K
NOI $29,398 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$916.3K
$801.8K – $1.07M
NOI $64,140 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
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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?
Triplex - Three apartments offer separate outdoor spaces, including porch, deck, and balcony areas.
Where is this triplex located?
The property is located at 332 Clinton Terrace Easton, PA.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Three apartments in a 4,831‑square‑foot Victorian built in 1900; 0.488‑acre parcel with 10RLD zoning; Wraparound porch, decks, and a Juliet balcony; river and New Jersey views
