Duplex with Detached Three-Car
For Sale
$597,000
4435 Steuben Road, Bethlehem, PA 18020
MULTI_FAMILY - Lower Nazareth Twp, PA
Property Size3,342 SF
Price / SF$178.64
Days on Market127
Property Features for 4435 Steuben Road
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1
Subdivision
Not in Development
Standard status
Active
Size
3,342 SF
Building Details
Year built
2001
Listing Agency:
BHHS Fox & Roach Bethlehem · Berkshire Hathaway HomeServices
(610) 865-0033
Listed By:
John Ebeling
(610) 704-6200
Added: Mar 28
Changed: Jul 31
Last Checked: Aug 1 at 9:06AM
MLS# 773949
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, 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 well-maintained duplex (two units) is laid out for comfortable, functional living, with interior finishes that include hardwood plank flooring, new laminate flooring, wall-to-wall carpet in the bedrooms, and vinyl and tile flooring. New flooring was installed in both kitchens on the 1st and 2nd floors, and the carpets have been professionally cleaned. The home was built in 2001, and the main roof was replaced in 2024.
A standout feature is the oversized, detached three-car garage providing additional income or storage space and parking. The garage measures 40' wide by 30' deep, with two garages being heated and one garage having a water source. Off-street parking is available in the front and back for an additional 8+ cars.
With close proximity to shopping, entertainment, restaurants, and major thoroughfares, the property is suited for tenants and/or owner-occupants. The duplex also can be converted back into a single-family configuration with five bedrooms and three baths.
A standout feature is the oversized, detached three-car garage providing additional income or storage space and parking. The garage measures 40' wide by 30' deep, with two garages being heated and one garage having a water source. Off-street parking is available in the front and back for an additional 8+ cars.
With close proximity to shopping, entertainment, restaurants, and major thoroughfares, the property is suited for tenants and/or owner-occupants. The duplex also can be converted back into a single-family configuration with five bedrooms and three baths.
Key Highlights
- Detached 40' x 30' three‑car garage with two heated garages and one with a water source
- Two‑unit duplex with updated flooring including hardwood, laminate, vinyl, tile, and wall‑to‑wall bedroom carpet
- New flooring in both kitchens on the 1st and 2nd floors; carpets professionally cleaned
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.5k | $10.32 |
| − Vacancy | −$2.6k | −$0.76 |
| EGI | $31.9k | $9.56 |
| − OpEx | −$9.6k | −$2.87 |
| NOI | $22.4k | $6.69 |
3,342 SF · lease $10.32/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.3K
$279.4K – $372.6K
NOI $22,354 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$278.9K
$244.0K – $325.4K
NOI $19,523 @ 7.0% cap · market cap 3.27%
Theoretical Best
Mixed Use
$491.5K
$430.0K – $573.4K
NOI $34,402 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 18020, PA
20,582
Population
7,940
Households
2.6
Avg Household Size
45
Median Age
42%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
1,583
Density / Sq Mi
$122,610
Median Household Income
$53,144
Median Earnings
$1,493
Median Rent
$348,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex offering two units with updated flooring, a detached three-car garage, and ample off-street parking.
Where is this duplex located?
The property is located at 4435 Steuben Road Bethlehem, PA.
What is the asking price?
The asking price for this property is $597,000.
What are key features of this property?
This property features: Detached 40' x 30' three‑car garage with two heated garages and one with a water source; Two‑unit duplex with updated flooring including hardwood, laminate, vinyl, tile, and wall‑to‑wall bedroom carpet; New flooring in both kitchens on the 1st and 2nd floors; carpets professionally cleaned
