Two-Unit Brick
New
For Sale
$315,000
713 Broadway, Bethlehem, PA 18015
ResidentialIncome, Bethlehem City, PA
Property Size1,872 SF
Price / SF$168.27
Days on Market1
Property Features for 713 Broadway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Rm-Residential
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 3, Bathroom 2
Subdivision
Not in Development
Elementary school district
Bethlehem
Middle school district
Bethlehem
High school district
Bethlehem
Directions
Get on US-22 W from Easton Continue on US-22 W to Bethlehem Slight right onto Broadway, will be on the right. also can park rear on Pawnee st.
Standard status
Active
APN
P6SW2C 16 13 0204
Size
1,872 SF
Taxes and HOA fees
Tax Annual Amount
2818
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Listing Agency:
IronValley RE of Lehigh Valley
(610) 766-7200
Listed By:
Hongyan Dai
(610) 570-8473
Added: Oct 21
Last Checked: Oct 21 at 6:06PM
MLS# 786425
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 1,872-square-foot brick duplex, built in 1900, contains two occupied apartments. The first-floor residence has two bedrooms, a living room, kitchen, full bath, and basement storage. The second-floor apartment has two bedrooms, a kitchen, and a full bath, with two additional heated rooms on the third floor. Separate entrances provide access to the backyard. Heating is electric baseboard, and the property has public water and sewer service.
Recent work includes exterior and partial interior painting, a replacement front porch roof, two new water heaters, basement insulation, and new side-entry doors and baseboard heaters in the first-floor unit. Tenants pay electric and heat; the owner covers water, sewer, and trash. The property is in Bethlehem, near Lehigh University and Wind Creek casino, with access to Rt. 278 and 22. Zoning is Rm-Residential.
Recent work includes exterior and partial interior painting, a replacement front porch roof, two new water heaters, basement insulation, and new side-entry doors and baseboard heaters in the first-floor unit. Tenants pay electric and heat; the owner covers water, sewer, and trash. The property is in Bethlehem, near Lehigh University and Wind Creek casino, with access to Rt. 278 and 22. Zoning is Rm-Residential.
Key Highlights
- Two‑unit brick duplex with 1,872 square feet; built in 1900
- Both apartments are occupied
- Each unit has two bedrooms; the second‑floor unit also includes two heated third‑floor rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,376
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,520
$247.5K
Cap Rate 7%
$176,800
$176.8K
Cap Rate 9%
$137,511
$137.5K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$19.1K $10.20/SF
− Vacancy
−$1.4K −$0.76/SF
EGI
$17.7K $9.44/SF
− OpEx
−$5.3K −$2.83/SF
NOI
$12.4K $6.61/SF
Area
Northampton County, PA
Vacancy
7.41%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,520
Cap Rate 7%
$176,800
Cap Rate 9%
$137,511
Alternative Uses
Best Use
Multifamily LT 5
$176.8K
$154.7K – $206.3K
NOI $12,376 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$162.7K
$142.4K – $189.9K
NOI $11,391 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$355.1K
$310.7K – $414.2K
NOI $24,854 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied apartments have separate access, with a shared backyard and recent building improvements.
Where is this duplex located?
The property is located at 713 Broadway Bethlehem, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit brick duplex with 1,872 square feet; built in 1900; Both apartments are occupied; Each unit has two bedrooms; the second‑floor unit also includes two heated third‑floor rooms
