Canal-Adjacent Two-Unit
For Sale
$215,000
39 CANAL Street, Lehighton, PA 18235
Multi-Family, LEHIGHTON, PA
Property Size2,001 SF
Lot Size0.25 Acres
Price / SF$107.45
Days on Market48
Property Features for 39 CANAL Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room
Parking features
Paved or Surfaced, Off Street, Parking Lot
Interior features
Bathroom - Tub Shower, Combination Dining/Living
Appliances
Oven/Range - Electric
Subdivision
FRANKLIN TWP
Elementary school district
LEHIGHTON AREA
Middle school district
LEHIGHTON AREA
High school district
LEHIGHTON AREA
Standard status
Active
Size
2,001 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Annual Amount
2197
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1940
Number of units
2
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
RE/MAX Real Estate-Allentown · RE/MAX International
(610) 770-9000
Listed By:
Pamela Gothard · License #AB065634
(610) 377-2700
Added: Aug 21
Changed: Sep 17
Last Checked: Oct 7 at 7:06PM
MLS# PACC2008062
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.
Investment Insights
Based on property information with market context.
This 2,001-square-foot duplex contains two residential units, each configured with 2 bedrooms and 1 full bath. The first-floor apartment has updated kitchen and bathroom areas and is ready for occupancy, while the second-floor unit is leased to a long-term tenant. Interior features include combination dining and living areas, tub-shower baths, and an electric oven/range. Hot water heating and vinyl siding serve the property, which was built in 1940.
The property sits next to the Weissport Canal, and the upper unit includes a large porch facing the canal and surrounding wildlife. A 0.25-acre lot provides yard space, along with paved or surfaced off-street parking and a parking lot. Shopping, dining, and other conveniences are located minutes away along Routes 443 and 209. The property is within the Lehighton Area School District.
The property sits next to the Weissport Canal, and the upper unit includes a large porch facing the canal and surrounding wildlife. A 0.25-acre lot provides yard space, along with paved or surfaced off-street parking and a parking lot. Shopping, dining, and other conveniences are located minutes away along Routes 443 and 209. The property is within the Lehighton Area School District.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bath in each apartment
- 2,001 square feet on a 0.25‑acre lot
- First‑floor unit has updated kitchen and bathroom areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,463
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,260
$369.3K
Cap Rate 7%
$263,757
$263.8K
Cap Rate 9%
$205,144
$205.1K
Market Conditions
NOI Build-Up for 2,001 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$2.4K −$1.22/SF
EGI
$33.6K $16.78/SF
− OpEx
−$15.1K −$7.55/SF
NOI
$18.5K $9.23/SF
Area
Carbon County, PA
Vacancy
6.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,260
Cap Rate 7%
$263,757
Cap Rate 9%
$205,144
Alternative Uses
Best Use
Multifamily LT 5
$299.8K
$262.4K – $349.8K
NOI $20,989 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$263.8K
$230.8K – $307.7K
NOI $18,463 @ 7.0% cap · market cap 8.59%
Theoretical Best
Specialty Retail
$393.1K
$344.0K – $458.6K
NOI $27,518 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
Business Placement
Demographics for 18235, PA
19,139
Population
8,796
Households
2.2
Avg Household Size
47
Median Age
19%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
220
Density / Sq Mi
$72,626
Median Household Income
$44,418
Median Earnings
$1,003
Median Rent
$218,000
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer two bedrooms and one full bath each, with paved off-street parking and a shared yard.
Where is this duplex located?
The property is located at 39 CANAL Street Lehighton, PA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath in each apartment; 2,001 square feet on a 0.25‑acre lot; First‑floor unit has updated kitchen and bathroom areas
