Detached Two-Unit
For Sale
$359,000
827 Milton St, Easton, PA 18042
Two separate apartments offer a practical configuration for rental income or owner occupancy.
Property Size1,988 SF
Price / SF$180.58
Days on Market75
Property Features for 827 Milton St
General Information
Standard status
Active
Size
1,988 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1900
Buildings
1
Listing Agency:
IronValley RE of Lehigh Valley
Listed By:
Anderson Zuleta Medina
(484) 707-0463
Source:
Jennysoldmine
Added: Aug 15
Changed: Oct 25
Last Checked: Oct 7 at 2:54PM
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 IronValley RE of Lehigh Valley
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Investment Insights
Based on property information with market context.
This detached duplex contains two apartments, each arranged with two bedrooms and one bathroom. The property provides approximately 1,988 square feet of living space across both units, creating a straightforward residential income configuration with separate living areas.
Located at 827 W Milton St in Easton, the property is near downtown, major highways, shopping, restaurants, and public transportation. Its two-unit layout supports either investment ownership or an owner-occupancy strategy with rental income from the other apartment.
Located at 827 W Milton St in Easton, the property is near downtown, major highways, shopping, restaurants, and public transportation. Its two-unit layout supports either investment ownership or an owner-occupancy strategy with rental income from the other apartment.
Key Highlights
- Two‑unit detached duplex at 827 W Milton St, Easton, PA
- Approximately 1,988 square feet of living space
- Two 2‑bedroom, 1‑bath apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,143
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,860
$262.9K
Cap Rate 7%
$187,757
$187.8K
Cap Rate 9%
$146,033
$146.0K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$20.3K $10.20/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$18.8K $9.44/SF
− OpEx
−$5.6K −$2.83/SF
NOI
$13.1K $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%
$262,860
Cap Rate 7%
$187,757
Cap Rate 9%
$146,033
Alternative Uses
Best Use
Multifamily LT 5
$187.8K
$164.3K – $219.1K
NOI $13,143 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$172.8K
$151.2K – $201.6K
NOI $12,097 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$377.1K
$329.9K – $439.9K
NOI $26,394 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments offer a practical configuration for rental income or owner occupancy.
Where is this duplex located?
The property is located at 827 Milton St Easton, PA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Two‑unit detached duplex at 827 W Milton St, Easton, PA; Approximately 1,988 square feet of living space; Two 2‑bedroom, 1‑bath apartments
