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Triplex with Basement Space

518 Glendon Avenue, Easton, PA 18042

For Sale
$610,000
Pending

Three occupied two-bedroom residences are paired with basement space that may accommodate office or efficiency-apartment use.

Property Size2,430 SF
Days on Market70

Property Features for 518 Glendon Avenue

General Information

Standard status Pending
Size 2,430 SF
Property subtype Apartment
Occupancy 100%

Units

Unit Mix 3 x 2BR
Multifamily Units 3

Additional Details

Highway Access Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,363

Building Details

Building Size 2,430 SF
Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: NZO Realty
Listed By: Kemba George
Source: Redstonerun
Added: Sep 2 Changed: Nov 10 Last Checked: Nov 9 at 5:59PM

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 NZO Realty

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Investment Insights

Based on property information with market context.

This 2,430-square-foot triplex, built in 1900, contains three two-bedroom residences, all occupied by long-term tenants. Basement space offers potential for office or efficiency-apartment use. The building underwent a full interior rehabilitation that included new wiring, plumbing, heating components, and drywall. Exterior siding and paint have also been updated.

The roof was installed in 2015 and has received a coating every three years since. Two water heaters date to 2026, while the third was installed in 2021 and received a new anode rod in 2026. The heating system received replacement circulator pumps and thermocouplers in 2015. The chimney was cleaned in 2024, and culvert piping was added along the side of the building. Rental and business licenses were recently approved, and the property was deemed code-free. Located in Easton, Pennsylvania, the property is minutes from food, shopping, and highways 78 and 22.

Key Highlights

  • Three occupied two‑bedroom residences with long‑term tenants
  • 2,430‑square‑foot triplex built in 1900
  • Basement area with potential office or efficiency‑apartment use

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

Demographics for 18042, PA

44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
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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?
Triplex - Three occupied two-bedroom residences are paired with basement space that may accommodate office or efficiency-apartment use.
Where is this triplex located?
The property is located at 518 Glendon Avenue Easton, PA.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Three occupied two‑bedroom residences with long‑term tenants; 2,430‑square‑foot triplex built in 1900; Basement area with potential office or efficiency‑apartment use
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