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Seven-Unit Apartment Building
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740 2nd St, Catasauqua, PA 18032

Seven one-bedroom apartments with two garages and shared on-site laundry serve the Catasauqua rental market.

Property SizeContact for details
Days on Market144

Property Features for 740 2nd St

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence upgrades to kitchens and baths

Units

Unit Mix 7 x 1BR
Multifamily Units 7

Additional Details

Utilities to Site Yes

Amenities

on-site laundry

Building Details

Buildings 1
Listing Agency: GREA
Listed By: Luke DeLuca · License #PA RSR001990
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:33AM

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 GREA

Investment Insights

Based on property information with market context.

This multifamily property includes one apartment building with seven units, two garages, and on-site laundry. The apartments are all one-bedroom layouts. Originally converted from a residence, the building has pitched roofs and electric heat, with tenants paying their own electric service. New electric service was installed in 2021, while ownership covers water and sewer.

Located at 740 2nd St in Catasauqua, Pennsylvania, the property is within the Lehigh Valley metropolitan area. Allentown, Bethlehem, and Easton are described as being a short drive away, with Allentown approximately 15 minutes from the property. Amazon, Lehigh Valley Hospital, and Lehigh University are also identified as nearby regional employers.

Key Highlights

  • 7 apartment units in one building
  • 100% one‑bedroom unit mix
  • Two garages included with the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Plumbing Service Parking Lot & Garage Storage Facility

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

Lease Details

7
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven one-bedroom apartments with two garages and shared on-site laundry serve the Catasauqua rental market.
Where is this apartment building located?
The property is located at 740 2nd St Catasauqua, PA.
What are key features of this property?
This property features: 7 apartment units in one building; 100% one‑bedroom unit mix; Two garages included with the property
More about this property
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