Victorian Duplex with
New
For Sale
$350,000
825 Lehigh Street, Easton, PA 18042
MULTI_FAMILY - Victorian - Easton, PA
Property Size3,852 SF
Lot Size0.16 Acres
Price / SF$90.86
Days on Market2
Property Features for 825 Lehigh Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-Md
Zoning description
Multi-Family
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 3, Basement, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2
Parking
7
Patio and Porch features
Porch, Patio
View
City
Subdivision
Easton City
Standard status
Active
APN
5066-12-3599-7765
Size
3,852 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Block: 7 /Lot: 2 /School District: 04-Nazareth Area /Fuel Type: Gas
Tax Annual Amount
7371
Legal Description
Block: 7 /Lot: 2 /School District: 04-Nazareth Area /Fuel Type: Gas
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Number of units
2
Architectural style
Victorian
Listing Agency:
exp Realty, LLC - Lehigh Valley
(888) 397-7352
Listed By:
Robert Puche
(888) 397-7352
Added: Aug 7
Last Checked: Aug 8 at 1:06PM
MLS# PM-143744
Copyright © 2026 Pocono Mountains Association of 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 detached Victorian duplex contains 3,852 square feet and was built in 1900. The first unit is approved as an efficiency residence with maximum permitted occupancy of three, while its current configuration includes two bedrooms, two bathrooms, flexible-use rooms, and basement access. The second unit provides four bedrooms and two full bathrooms. Separate heat and electric utilities serve the units, and the property includes a porch, patio, public water, and public sewer.
A rear parking area accommodates seven vehicles, with additional off-street parking available. The property is located on Lehigh Street in Easton’s West Ward District, near downtown restaurants and shopping, schools, major highways, and public transportation. The property is being sold as is, and the buyer is responsible for obtaining a certificate of occupancy from the City of Easton.
A rear parking area accommodates seven vehicles, with additional off-street parking available. The property is located on Lehigh Street in Easton’s West Ward District, near downtown restaurants and shopping, schools, major highways, and public transportation. The property is being sold as is, and the buyer is responsible for obtaining a certificate of occupancy from the City of Easton.
Key Highlights
- 3,852‑square‑foot detached duplex built in 1900
- Unit one is approved as an efficiency unit with maximum permitted occupancy of three
- Second unit includes 4 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,465
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$509,300
$509.3K
Cap Rate 7%
$363,786
$363.8K
Cap Rate 9%
$282,944
$282.9K
Market Conditions
NOI Build-Up for 3,852 SF
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.
Gross rent
$39.3K $10.20/SF
− Vacancy
−$2.9K −$0.76/SF
EGI
$36.4K $9.44/SF
− OpEx
−$10.9K −$2.83/SF
NOI
$25.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$509,300
Cap Rate 7%
$363,786
Cap Rate 9%
$282,944
Alternative Uses
Best Use
Multifamily LT 5
$363.8K
$318.3K – $424.4K
NOI $25,465 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$334.9K
$293.0K – $390.7K
NOI $23,440 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$730.6K
$639.3K – $852.4K
NOI $51,142 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Detached two-unit property with separate heat and electric utilities, rear parking, and public water and sewer.
Where is this duplex located?
The property is located at 825 Lehigh Street Easton, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,852‑square‑foot detached duplex built in 1900; Unit one is approved as an efficiency unit with maximum permitted occupancy of three; Second unit includes 4 bedrooms and 2 full bathrooms
