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Mixed-Use Building with Storefront
For Sale
$395,000

512 E 4th Street, Bethlehem, PA 18015

ResidentialIncome, Bethlehem City, PA

Property Size2,984 SF
Lot Size0.08 Acres
Price / SF$132.37
Days on Market48

Property Features for 512 E 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Cg-General Commercial
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Parking 2
Subdivision Not in Development
Elementary school district Bethlehem
Middle school district Bethlehem
High school district Bethlehem
Directions East on 4th St, property between Fillmore and Pierce
Standard status Active
APN P6SE1B-25-4-0204
Size 2,984 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 4727

Utilities

Sewer type Public Sewer
Heating system Steam, Hot Water(Heating), Forced Air
Cooling system Central Air
Water source Public

Amenities

rear off-street parking

Building Details

Year built 1916
Floors in Building 3
Number of units 3
Building materials Brick
Listing Agency: Century 21 Ramos Realty · Century 21 Real Estate
Listed By: Anthony Ramos · License #AB068035
Added: Aug 31 Changed: Oct 16 Last Checked: Oct 17 at 10:06AM
MLS# 783488

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.

This 2,984-square-foot mixed-use building dates to 1916 and is constructed of brick. The first floor includes a commercial storefront with large display windows, while a separate entrance serves the second and third floors. Renovation work has begun, but the property requires full rehabilitation and is offered in its current condition. Existing building systems include central air and forced-air, hot-water, and steam heating. Public water and public sewer serve the property.

The 0.08-acre site includes rear off-street parking and is located at 512 E 4th Street in Bethlehem City, Pennsylvania. The building is zoned Cg-General Commercial. Its prior history includes use as the home of Sing Out! folk music magazine. Any proposed residential configuration, unit count, renovation scope, or other use remains subject to City of Bethlehem zoning, permitting, and required approvals.

Key Highlights

  • 2,984‑square‑foot mixed‑use building on a 0.08‑acre site
  • First‑floor storefront with large display windows
  • Separate entrance serving the second and third floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,213
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,260 $604.3K
Cap Rate 7%
$431,614 $431.6K
Cap Rate 9%
$335,700 $335.7K
Market Conditions
NOI Build-Up for 2,984 SF
Gross rent
$53.7K $18.00/SF
− Vacancy
−$5.4K −$1.80/SF
EGI
$48.3K $16.20/SF
− OpEx
−$18.1K −$6.07/SF
NOI
$30.2K $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%
$604,260
Cap Rate 7%
$431,614
Cap Rate 9%
$335,700

Alternative Uses

Best Use
Mixed Use
$431.6K
$377.7K – $503.6K (±1% cap)
NOI $30,213 @ 7.0% cap · market cap 7.65%
Second Best
Retail
$330.1K
$288.9K – $385.2K (±1% cap)
NOI $23,110 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$566.0K
$495.2K – $660.3K (±1% cap)
NOI $39,618 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Sing Out! Publishing House

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Tanning Salon Pet Store Pet Store & Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,209
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick building with separate upper-floor access, rear off-street parking, and Cg-General Commercial zoning.
Where is this mixed-use property located?
The property is located at 512 E 4th Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,984‑square‑foot mixed‑use building on a 0.08‑acre site; First‑floor storefront with large display windows; Separate entrance serving the second and third floors
More about this property
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