Duplex with Oversized
For Sale
$597,000
4435 Steuben Rd, Bethlehem, PA 18020
Two-unit property with refreshed flooring, flexible layouts, and substantial off-street parking near shopping and regional road connections.
Property Size3,342 SF
Price / SF$178.64
Days on Market55
Property Features for 4435 Steuben Rd
General Information
Standard status
Active
Size
3,342 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
2001
Listing Agency:
BHHS Fox & Roach Bethlehem
Listed By:
John L. Ebeling
(610) 704-6200
Source:
Jennysoldmine
Added: Aug 13
Changed: Oct 1
Last Checked: Oct 5 at 7:47PM
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 BHHS Fox & Roach Bethlehem
Investment Insights
Based on property information with market context.
This 3,342-square-foot duplex contains two functional residential units, offering a flexible setup for rental occupancy, owner use, or extended-family living. Interior finishes include hardwood plank, laminate, carpet, vinyl, and tile flooring, with new flooring installed in both kitchens. Bedroom carpeting has been professionally cleaned, and the main roof was replaced in 2024.
A detached 3-car garage measures 40' wide by 30' deep and adds meaningful storage, parking, or income-producing utility. Two garage bays are heated, while one includes a water source. The property also provides off-street parking for 8+ cars in the front and rear. Located in Lower Nazareth Twp., the property is near shopping, entertainment, restaurants, and routes 22, 33, and 78.
A detached 3-car garage measures 40' wide by 30' deep and adds meaningful storage, parking, or income-producing utility. Two garage bays are heated, while one includes a water source. The property also provides off-street parking for 8+ cars in the front and rear. Located in Lower Nazareth Twp., the property is near shopping, entertainment, restaurants, and routes 22, 33, and 78.
Key Highlights
- Two‑unit duplex with 3,342 SF of residential space
- Detached 3‑car garage measuring 40' wide x 30' deep
- Two heated garage bays; one garage includes a water source
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,094
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,880
$441.9K
Cap Rate 7%
$315,629
$315.6K
Cap Rate 9%
$245,489
$245.5K
Market Conditions
NOI Build-Up for 3,342 SF
Gross rent
$34.1K $10.20/SF
− Vacancy
−$2.5K −$0.76/SF
EGI
$31.6K $9.44/SF
− OpEx
−$9.5K −$2.83/SF
NOI
$22.1K $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%
$441,880
Cap Rate 7%
$315,629
Cap Rate 9%
$245,489
Alternative Uses
Best Use
Multifamily LT 5
$315.6K
$276.2K – $368.2K
NOI $22,094 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$290.5K
$254.2K – $339.0K
NOI $20,337 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$633.9K
$554.6K – $739.5K
NOI $44,371 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with refreshed flooring, flexible layouts, and substantial off-street parking near shopping and regional road connections.
Where is this duplex located?
The property is located at 4435 Steuben Rd 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: Two‑unit duplex with 3,342 SF of residential space; Detached 3‑car garage measuring 40' wide x 30' deep; Two heated garage bays; one garage includes a water source
