Two-Building Apartment
For Sale
$1,500,000
502 Ontario Street, Bethlehem, PA 18015
Commercial Sale, Bethlehem, PA
Property Size4,750 SF
Lot Size0.42 Acres
Price / SF$315.79
Days on Market93
Property Features for 502 Ontario Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Residential
Fencing
Chain Link
Basement
Unfinished, Full
Subdivision
Bethlehem City
Standard status
Active
APN
4762-10-2845-3671
Size
4,750 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Block: 18 /Lot: 1
Tax Annual Amount
6403
Legal Description
Block: 18 /Lot: 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
4
Flooring type
Laminate, Vinyl
Building materials
Brick, Vinyl Siding
Roof type
Asphalt
Listing Agency:
Weichert Realtors - Easton
Listed By:
Robert A. Hoops
(610) 252-6666
Added: Jun 12
Changed: Sep 12
Last Checked: Sep 12 at 6:06PM
MLS# PM-142157
Copyright © 2026 Pocono Mountains Association of 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 apartment property includes two buildings totaling 8 rentable units on 0.42 acres. The primary building contains six apartments: three 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Most apartments have recent updates, with vinyl or laminate flooring, electric baseboard heat, and window-unit or ceiling-fan cooling. The second building contains two units; its first floor is currently configured as a 3-bedroom/2-bath residence, with a layout that can return to a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit. The owner currently occupies both units in that building.
Located at 502 Ontario Street in Bethlehem, the property offers a large lot with parking and open space. Public water and public sewer serve the buildings. The property is near St. Luke's, SteelStacks, public transportation, eateries, and major travel routes. The 6-unit building includes month-to-month leases, and the property has a large basement that may accommodate laundry and storage additions, subject to applicable approvals.
Located at 502 Ontario Street in Bethlehem, the property offers a large lot with parking and open space. Public water and public sewer serve the buildings. The property is near St. Luke's, SteelStacks, public transportation, eateries, and major travel routes. The 6-unit building includes month-to-month leases, and the property has a large basement that may accommodate laundry and storage additions, subject to applicable approvals.
Key Highlights
- 8 rentable units across 2 buildings
- 6‑unit building includes three 2‑bedroom/1‑bath and three 1‑bedroom/1‑bath apartments
- 0.42‑acre lot with parking and open outdoor space
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,006
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight rentable units across two buildings with public water, public sewer, parking, and open outdoor space.
Where is this apartment building located?
The property is located at 502 Ontario Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 8 rentable units across 2 buildings; 6‑unit building includes three 2‑bedroom/1‑bath and three 1‑bedroom/1‑bath apartments; 0.42‑acre lot with parking and open outdoor space
