7-Unit Mixed-Use
For Sale
$1,475,000
3348 Easton Avenue, Bethlehem, PA 18020
ResidentialIncome, Bethlehem City, PA
Property Size6,886 SF
Lot Size0.35 Acres
Price / SF$214.20
Days on Market8
Property Features for 3348 Easton Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
05NC
Parking
23
Subdivision
Not in Development
Elementary school district
Bethlehem
Middle school district
Bethlehem
High school district
Bethlehem
Directions
From rt 33 exit William Penn. Head West. Turns into Easton Ave. Property on left. Arrive.
Standard status
Active
APN
M7SW3-18-1-0205
Size
6,886 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Annual Amount
7039
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1940
Floors in Building
3
Number of units
7
Building materials
VinylSiding
Listing Agency:
IronValley RE of Lehigh Valley
(610) 766-7200
Listed By:
Kyle Kerecman
(484) 291-1422
Added: Sep 29
Last Checked: Oct 6 at 9:06AM
MLS# 785386
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.
At 3348 Easton Avenue, this 6,886-square-foot mixed-use property contains seven income-producing units: four commercial spaces and three residential units. The 0.354-acre site is zoned 05NC. Renovation work includes flooring, siding, roofing, electrical systems, and HVAC, with improvements described as permitted and certified. Interior details include luxury vinyl plank flooring, upgraded lighting, exposed brick, and ADA-compliant commercial restrooms. The building was constructed in 1940 and has forced-air heating and central air conditioning.
The property fronts a commercial corridor with reported daily traffic of approximately 15,000–20,000 vehicles. Public water and public sewer serve the site. Tenants are responsible for most utilities, according to the provided operating information.
The property fronts a commercial corridor with reported daily traffic of approximately 15,000–20,000 vehicles. Public water and public sewer serve the site. Tenants are responsible for most utilities, according to the provided operating information.
Key Highlights
- Seven units: four commercial and three residential
- 6,886 square feet on 0.354 acres
- Renovation work includes roofing, siding, electrical systems, flooring, and HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,721
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,394,420
$1.4M
Cap Rate 7%
$996,014
$996.0K
Cap Rate 9%
$774,678
$774.7K
Market Conditions
NOI Build-Up for 6,886 SF
Gross rent
$123.9K $18.00/SF
− Vacancy
−$12.4K −$1.80/SF
EGI
$111.6K $16.20/SF
− OpEx
−$41.8K −$6.07/SF
NOI
$69.7K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,394,420
Cap Rate 7%
$996,014
Cap Rate 9%
$774,678
Alternative Uses
Best Use
Mixed Use
$996.0K
$871.5K – $1.16M
NOI $69,721 @ 7.0% cap · market cap 4.73%
Second Best
Retail
$761.9K
$666.6K – $888.9K
NOI $53,331 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,424 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
20,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
Speedway
Shops & Services
6,933 visits/mo
0.2 miles
Arby's
Dining
3,204 visits/mo
0.4 miles
Monro Auto Service and Tire Centers
Shops & Services
646 visits/mo
0.4 miles
Demographics for 18020, PA
20,582
Population
7,940
Households
2.6
Avg Household Size
45
Median Age
42%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
1,583
Density / Sq Mi
$122,610
Median Household Income
$53,144
Median Earnings
$1,493
Median Rent
$348,900
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four commercial spaces and three apartments combine in a renovated building along an established commercial corridor.
Where is this mixed-use property located?
The property is located at 3348 Easton Avenue Bethlehem, PA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Seven units: four commercial and three residential; 6,886 square feet on 0.354 acres; Renovation work includes roofing, siding, electrical systems, flooring, and HVAC
