Mixed-Use Building with Commercial
New
For Sale
$899,000
429 E 4th Street, Bethlehem, PA 18015
Four occupied apartments sit above a vacant, street-level commercial area.
Property Size7,712 SF
Price / SF$116.57
Days on Market4
Property Features for 429 E 4th Street
General Information
Standard status
Active
Size
7,712 SF
Property subtype
Residential Income
Zoning
04CG
Additional Details
Mixed-Use Components
residential, commercial
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,732
Amenities
Carpet
true
3
10
Assessor
Balcony
Public
2870
0.066
On Street
Building Details
Year Built
1910
Stories
3
Tenancy
Multi
Listing Agency:
(610) 890-9942
Listed By:
Andrew Dilg
Source:
Corbyrealty
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:16AM
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 Andrew Dilg
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Investment Insights
Based on property information with market context.
This 7,712-square-foot mixed-use property, built in 1910, combines four occupied apartments with a vacant commercial space of more than 2,000 square feet at street level. The residential layout includes two three-bedroom units and two two-bedroom units. Updates include newer appliances and hot water heaters.
The building is at 429 E 4th Street in Bethlehem City, Pennsylvania, and is zoned 04CG.
The building is at 429 E 4th Street in Bethlehem City, Pennsylvania, and is zoned 04CG.
Key Highlights
- Four occupied residential units: two 3‑bedroom and two 2‑bedroom apartments
- Vacant street‑level commercial space measuring 2,000+ sq. ft.
- 7,712‑square‑foot property built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,084
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,561,680
$1.6M
Cap Rate 7%
$1,115,486
$1.1M
Cap Rate 9%
$867,600
$867.6K
Market Conditions
NOI Build-Up for 7,712 SF
Gross rent
$138.8K $18.00/SF
− Vacancy
−$13.9K −$1.80/SF
EGI
$124.9K $16.20/SF
− OpEx
−$46.9K −$6.07/SF
NOI
$78.1K $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%
$1,561,680
Cap Rate 7%
$1,115,486
Cap Rate 9%
$867,600
Alternative Uses
Best Use
Mixed Use
$1.12M
$976.1K – $1.30M
NOI $78,084 @ 7.0% cap · market cap 8.69%
Second Best
Multifamily LT 5
$728.3K
$637.3K – $849.7K
NOI $50,983 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,391 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,209
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four occupied apartments sit above a vacant, street-level commercial area.
Where is this mixed-use property located?
The property is located at 429 E 4th Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Four occupied residential units: two 3‑bedroom and two 2‑bedroom apartments; Vacant street‑level commercial space measuring 2,000+ sq. ft.; 7,712‑square‑foot property built in 1910
