Brick Quadplex with Off-Street
New
For Sale
$619,900
662 Main Street, Slatington, PA 18080
MULTI_FAMILY - Slatington Boro, PA
Property Size5,614 SF
Lot Size0.06 Acres
Price / SF$110.42
Days on Market3
Property Features for 662 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
TC
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 5
Parking
4
Parking features
Off Street, On Street
Subdivision
Not in Development
Elementary school district
Northern Lehigh
Middle school district
Northern Lehigh
High school district
Northern Lehigh
Directions
309N to 873N. Property on L.
Standard status
Active
APN
556203543664 1
Size
5,614 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7209
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Number of units
4
Building materials
Brick
Listing Agency:
RE/MAX Real Estate · RE/MAX International
(610) 770-9000
Listed By:
Bob Susko Jr.
(610) 751-1896
Added: Jul 29
Changed: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# 781710
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.
This brick quadplex provides four rental units, including a first-floor daycare tenant. The building was updated with a newer roof, modernized kitchens and bathrooms, and durable LVP flooring throughout most of the property. Heating is electric baseboard, and the layout includes multiple bedrooms and bathrooms across the units. The property also offers off-street parking, complemented by on-street parking.
Set on a 0.061-acre lot with 5,614 square feet under roof, the building was constructed in 1900. Water service is public and sewer is public sewer. The property is zoned TC.
With recent interior and exterior improvements already completed, this is positioned as a turnkey income property while still allowing for operational enhancements such as adding on-site laundry, creating additional storage opportunities, and expanding unit capacity where feasible.
Set on a 0.061-acre lot with 5,614 square feet under roof, the building was constructed in 1900. Water service is public and sewer is public sewer. The property is zoned TC.
With recent interior and exterior improvements already completed, this is positioned as a turnkey income property while still allowing for operational enhancements such as adding on-site laundry, creating additional storage opportunities, and expanding unit capacity where feasible.
Key Highlights
- Four‑unit quadplex with a first‑floor daycare tenant
- Newer roof plus modernized kitchens and bathrooms, with LVP flooring throughout most of the building
- 5,614 SF on a 0.061‑acre lot
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.9k | $10.32 |
| − Vacancy | −$4.3k | −$0.76 |
| EGI | $53.6k | $9.56 |
| − OpEx | −$16.1k | −$2.87 |
| NOI | $37.6k | $6.69 |
5,614 SF · lease $10.32/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$536.4K
$469.4K – $625.8K
NOI $37,550 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$468.5K
$410.0K – $546.6K
NOI $32,796 @ 7.0% cap · market cap 5.29%
Theoretical Best
Mixed Use
$825.6K
$722.4K – $963.2K
NOI $57,789 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Explore this area
Business Placement
Demographics for 18080, PA
11,454
Population
4,947
Households
2.3
Avg Household Size
45
Median Age
20%
College-Educated
91%
High-School Grad
30.2 sq mi
ZIP Area
379
Density / Sq Mi
$73,947
Median Household Income
$47,723
Median Earnings
$808
Median Rent
$254,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Brick quadplex on public water and sewer with off-street and on-street parking and a first-floor daycare tenant.
Where is this quadplex located?
The property is located at 662 Main Street Slatington, PA.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Four‑unit quadplex with a first‑floor daycare tenant; Newer roof plus modernized kitchens and bathrooms, with LVP flooring throughout most of the building; 5,614 SF on a 0.061‑acre lot
