Mixed-Use Property with Three
New
For Sale
$349,900
37 N 7th Street, Easton, PA 18042
ResidentialIncome, Easton, PA
Property Size2,500 SF
Lot Size0.05 Acres
Price / SF$139.96
Days on Market1
Property Features for 37 N 7th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
10RMD
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2
Parking features
Garage
Subdivision
Not in Development
Elementary school district
Easton
Middle school district
Easton
High school district
Easton
Directions
East on Northampton Street to Left on 7th Street
Standard status
Active
APN
L9SE1B 9 1 0310
Size
2,500 SF
Lot size
0.05 Acres
Additional Details
Mixed-Use Components
residential, retail
Taxes and HOA fees
Tax Annual Amount
1974
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating), Other (Heating), Oil
Water source
Public
Building Details
Year built
1988
Floors in Building
2
Number of units
3
Flooring type
Hardwood, Carpet
Building materials
VinylSiding
Listing Agency:
RE/MAX Unlimited Real Estate · RE/MAX International
(610) 266-4000
Listed By:
Timothy F Heimbach · License #RS190390L
(610) 266-5234
Added: Nov 2
Last Checked: Nov 2 at 5:06PM
MLS# 787329
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.
The 2,500-square-foot mixed-use property contains three apartments and two storefronts on a 0.048-acre lot. Two apartments have electric baseboard heat, while the third uses oil heat. The building was constructed in 1988 and includes a garage, hardwood and carpet flooring, and vinyl siding.
The property is vacant and has no rent history. It is zoned 10RMD, with public water and public sewer. The sale is as-is, and the buyer is responsible for certificate of occupancy repairs.
The property is vacant and has no rent history. It is zoned 10RMD, with public water and public sewer. The sale is as-is, and the buyer is responsible for certificate of occupancy repairs.
Key Highlights
- Three apartments and two storefronts in a 2,500‑square‑foot building
- 0.048‑acre lot; built in 1988
- Vacant property with no rent history
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,313
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,260
$506.3K
Cap Rate 7%
$361,614
$361.6K
Cap Rate 9%
$281,256
$281.3K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$45.0K $18.00/SF
− Vacancy
−$4.5K −$1.80/SF
EGI
$40.5K $16.20/SF
− OpEx
−$15.2K −$6.07/SF
NOI
$25.3K $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%
$506,260
Cap Rate 7%
$361,614
Cap Rate 9%
$281,256
Alternative Uses
Best Use
Mixed Use
$361.6K
$316.4K – $421.9K
NOI $25,313 @ 7.0% cap · market cap 7.23%
Second Best
Retail
$276.6K
$242.0K – $322.7K
NOI $19,362 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$474.2K
$414.9K – $553.2K
NOI $33,192 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,711
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?
Mixed-use property - Two storefronts provide commercial space alongside the residential units; the property is vacant.
Where is this mixed-use property located?
The property is located at 37 N 7th Street Easton, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Three apartments and two storefronts in a 2,500‑square‑foot building; 0.048‑acre lot; built in 1988; Vacant property with no rent history
