Mixed-Use Property with Four
For Sale
$899,000
429 E 4th Street, Bethlehem, PA 18015
ResidentialIncome, Bethlehem City, PA
Property Size7,712 SF
Lot Size0.07 Acres
Price / SF$116.57
Days on Market124
Property Features for 429 E 4th Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
04CG
Bedrooms
10
Rooms
Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 10, Bedroom 9, Bedroom 1, Bedroom 8, Bedroom 2
Parking features
On Street
Interior features
Balcony
Subdivision
Not in Development
Elementary school district
Bethlehem
Middle school district
Bethlehem
High school district
Bethlehem
Directions
Turn left onto S New Street and continue for approximately 0.2 miles. Turn right onto E 4th Street. Continue straight; your destination, 429 E 4th Street, will be on the right.
Standard status
Active
APN
P6SE1B-15-8-0204
Size
7,712 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7732
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1910
Floors in Building
3
Number of units
5
Flooring type
Carpet
Building materials
Brick
Listing Agency:
BetterHomes&GardensRE/Cassidon
(610) 882-3135
Listed By:
Jessica Tomasetti
(484) 553-2854
Added: Jun 20
Changed: Oct 16
Last Checked: Oct 21 at 9:06AM
MLS# 777760
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.
Built in 1910, this brick mixed-use property contains 7,712 square feet on a 0.066-acre lot. The residential component includes four occupied apartments: two with three bedrooms and two with two bedrooms. Updates include newer appliances and hot water heaters, while additional features include balconies, electric heat, window and wall-unit cooling, and carpeted floors.
A 2,000+ sq. ft. commercial area occupies the street level and is currently vacant. The property is located at 429 E 4th Street in Bethlehem City, within the 18015 postal code and Northampton County. Public water and sewer serve the building, and parking is available on the street. The property is classified under zoning designation 04CG and is located minutes from Lehigh University.
A 2,000+ sq. ft. commercial area occupies the street level and is currently vacant. The property is located at 429 E 4th Street in Bethlehem City, within the 18015 postal code and Northampton County. Public water and sewer serve the building, and parking is available on the street. The property is classified under zoning designation 04CG and is located minutes from Lehigh University.
Key Highlights
- Four occupied residential units with a mix of two 3‑bedroom and two 2‑bedroom apartments
- 2,000+ sq. ft. vacant street‑level commercial space
- 7,712 square feet on a 0.066‑acre lot
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
Apartment 5plus
$670.4K
$586.6K – $782.2K
NOI $46,929 @ 7.0% cap · market cap 5.22%
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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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
4
Residential units
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 - Brick mixed-use building with updated residential units and 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 with a mix of two 3‑bedroom and two 2‑bedroom apartments; 2,000+ sq. ft. vacant street‑level commercial space; 7,712 square feet on a 0.066‑acre lot
