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Duplex with Central Air
New
For Sale
$825,000

413 415 Buchanan Street, Bethlehem, PA 18015

ResidentialIncome, Bethlehem City, PA

Property Size4,770 SF
Lot Size0.06 Acres
Price / SF$172.96
Days on Market1

Property Features for 413 415 Buchanan Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning 04CG
Bedrooms 10
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bedroom 1, Bedroom 9, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 6, Bedroom 7, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 10, Bathroom 4
Subdivision Not in Development
Elementary school district Bethlehem
Middle school district Bethlehem
High school district Bethlehem
Directions I-78 to Exit 67 for Hellertown/Bethlehem. Follow Signs to Rt 412 N Keep Left to continue to E 4th Street. Turn Left to Atlantic St. Right at 1st cross street to E Morton St. Turn Right at 1st cross street to Buchanan St. Destination on the right.
Standard status Active
APN P6SE2A-20-42-0204
Size 4,770 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 3248

Utilities

Sewer type Public Sewer
Heating system Forced Air, Baseboard
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

updated kitchens
granite countertops
tile backsplashes
stainless steel appliances
kitchenette areas
updated bathrooms
engineered hardwood flooring
laundry areas
central air

Building Details

Year built 1920
Floors in Building 3
Number of units 2
Building materials Brick, Stone
Listing Agency: Century 21 Ramos Realty · Century 21 Real Estate
Listed By: Anthony Ramos · License #AB068035
Added: Oct 9 Last Checked: Oct 9 at 6:06PM
MLS# 784866

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.

This 4,770-square-foot duplex contains two residences, each with five bedrooms, three full bathrooms, a kitchen, and an additional kitchenette area. Across the property, updated kitchens feature granite countertops, tile backsplashes, and stainless steel appliances. Other interior features include updated bathrooms, engineered hardwood flooring, laundry areas, and front and rear stair access. Central air serves the property, which was built in 1920.

The 0.062-acre property is located near Lehigh University, Historic South Bethlehem, restaurants, shopping, and downtown attractions. It has 04CG zoning, public water, and public sewer.

Key Highlights

  • Two residences with five bedrooms and three full bathrooms each
  • 4,770 square feet on a 0.062‑acre lot
  • Updated kitchens with granite countertops, tile backsplashes, and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,534
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,680 $630.7K
Cap Rate 7%
$450,486 $450.5K
Cap Rate 9%
$350,378 $350.4K
Market Conditions
NOI Build-Up for 4,770 SF
Gross rent
$48.7K $10.20/SF
− Vacancy
−$3.6K −$0.76/SF
EGI
$45.0K $9.44/SF
− OpEx
−$13.5K −$2.83/SF
NOI
$31.5K $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%
$630,680
Cap Rate 7%
$450,486
Cap Rate 9%
$350,378

Alternative Uses

Best Use
Multifamily LT 5
$450.5K
$394.2K – $525.6K (±1% cap)
NOI $31,534 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$414.7K
$362.8K – $483.8K (±1% cap)
NOI $29,026 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$904.7K
$791.6K – $1.06M (±1% cap)
NOI $63,330 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Travel Agency Catering Service Acupuncture Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,082
Businesses Nearby

Demographics for 18015, PA

33,286
Population
12,867
Households
2.6
Avg Household Size
32
Median Age
31%
College-Educated
87%
High-School Grad
23.2 sq mi
ZIP Area
1,435
Density / Sq Mi
$58,470
Median Household Income
$32,703
Median Earnings
$1,310
Median Rent
$243,100
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The two residences provide a combined ten bedrooms and six full bathrooms.
Where is this duplex located?
The property is located at 413 415 Buchanan Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two residences with five bedrooms and three full bathrooms each; 4,770 square feet on a 0.062‑acre lot; Updated kitchens with granite countertops, tile backsplashes, and stainless steel appliances
More about this property
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