Victorian Triplex with
New
For Sale
$619,000
332 Clinton Terrace, Easton, PA 18042
Three apartments combine updated kitchens with shared and private outdoor spaces, including a wraparound porch, decks, and a Juliet balcony.
Property Size4,831 SF
Days on Market2
Property Features for 332 Clinton Terrace
General Information
Standard status
Active
Size
4,831 SF
Property subtype
Investment
Property Condition
Severity
Repairs Needed
Evidence
There is more some work to be done
Additional Details
Multifamily Units
3
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,995
Building Details
Building Size
4,831 SF
Year Built
1900
Buildings
1
Construction
Victorian
Listing Agency:
Free Bridge Realty LLC
Listed By:
Ellen Shaughnessy · License #RM422632
(610) 360-3394
Source:
Bhhspaulfordrealtors
Added: Oct 30
Last Checked: Oct 30 at 3:13PM
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 Free Bridge Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1900, this Victorian triplex contains three apartments, updated kitchens, and outdoor areas that include a wraparound porch, decks, and a Juliet balcony. Recent work includes a roof, sidewalks, exterior siding, a hard-wired fire detection system, and a lined and capped chimney. A boiler was installed in 2026. The property is being sold as-is, with additional work remaining.
The building offers views of the Delaware River and New Jersey. Lafayette College, downtown shops and eateries, and the Karl Stirner Arts Trail are nearby. The property is in Easton, about a mile from New Jersey and commuting routes.
The building offers views of the Delaware River and New Jersey. Lafayette College, downtown shops and eateries, and the Karl Stirner Arts Trail are nearby. The property is in Easton, about a mile from New Jersey and commuting routes.
Key Highlights
- Three‑apartment Victorian property built in 1900
- Updated kitchens across the apartments
- Outdoor areas include a wraparound porch, decks, and a Juliet balcony
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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Property Analytics
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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 combine updated kitchens with shared and private outdoor spaces, including a wraparound porch, decks, and a Juliet balcony.
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‑apartment Victorian property built in 1900; Updated kitchens across the apartments; Outdoor areas include a wraparound porch, decks, and a Juliet balcony
