Three-Unit Townhome
For Sale
$430,000
526-528 Pearl Street, Catasauqua, PA 18032
ResidentialIncome, Catasauqua Boro, PA
Property Size2,416 SF
Lot Size0.09 Acres
Price / SF$177.98
Days on Market54
Property Features for 526-528 Pearl Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2-Medium Density Residen
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 4
Subdivision
Not in Development
Elementary school district
Catasauqua
Middle school district
Catasauqua
High school district
Catasauqua
Directions
From Allentown, East on Race St to left on 12th to Pearl on left
Standard status
Active
APN
640838991835 1
Size
2,416 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
7039
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Forced Air, Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Amenities
fenced yard
concrete patio
sheds
washer/dryer hookups
Building Details
Year built
1879
Floors in Building
2
Number of units
3
Building materials
Frame, Stone, VinylSiding
Listing Agency:
Howard Hanna TheFrederickGroup
(610) 398-0411
Listed By:
Steve Dreisbach
(610) 730-2899
Added: Aug 13
Changed: Sep 30
Last Checked: Oct 5 at 6:06PM
MLS# 778967
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.
Investment Insights
Based on property information with market context.
Located at 526-528 Pearl Street, this triplex contains three separate townhomes within a 2,416-square-foot property built in 1879. Each residence includes 2 bedrooms and 1 full bathroom. Kitchens and bathrooms have been remodeled, with gas stove/ovens, wall-to-wall carpeting, and vinyl flooring. Full basements provide washer and dryer hookups, while newer gas hot water heaters serve the units.
The property occupies a 0.085-acre corner lot in Catasauqua Boro and includes a fenced yard, concrete patio, and sheds for additional occupant storage. Public water and public sewer are in place. The property is fully occupied and reports a 7% cap rate. Zoning is identified as R2-Medium Density Residen.
The property occupies a 0.085-acre corner lot in Catasauqua Boro and includes a fenced yard, concrete patio, and sheds for additional occupant storage. Public water and public sewer are in place. The property is fully occupied and reports a 7% cap rate. Zoning is identified as R2-Medium Density Residen.
Key Highlights
- Three separate townhomes, each with 2 bedrooms and 1 full bathroom
- 2,416 square feet on a 0.085‑acre corner lot
- Remodeled kitchens and bathrooms with gas stove/ovens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,160
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,200
$323.2K
Cap Rate 7%
$230,857
$230.9K
Cap Rate 9%
$179,556
$179.6K
Market Conditions
NOI Build-Up for 2,416 SF
Gross rent
$24.9K $10.32/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$23.1K $9.56/SF
− OpEx
−$6.9K −$2.87/SF
NOI
$16.2K $6.69/SF
Area
Lehigh County, PA
Vacancy
7.41%
Lease Rate
$10.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,200
Cap Rate 7%
$230,857
Cap Rate 9%
$179,556
Alternative Uses
Best Use
Multifamily LT 5
$230.9K
$202.0K – $269.3K
NOI $16,160 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$201.6K
$176.4K – $235.2K
NOI $14,114 @ 7.0% cap · market cap 3.28%
Theoretical Best
Mixed Use
$355.3K
$310.9K – $414.5K
NOI $24,870 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 18032, PA
9,489
Population
4,142
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
4,745
Density / Sq Mi
$79,700
Median Household Income
$47,066
Median Earnings
$1,078
Median Rent
$213,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - The property combines remodeled kitchens and bathrooms with full basements and fenced outdoor space.
Where is this triplex located?
The property is located at 526-528 Pearl Street Catasauqua, PA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Three separate townhomes, each with 2 bedrooms and 1 full bathroom; 2,416 square feet on a 0.085‑acre corner lot; Remodeled kitchens and bathrooms with gas stove/ovens
