4-Unit Apartment
New
For Sale
$389,999
835 N 1st Street, Lehighton, PA 18235
ResidentialIncome, Mahoning Twp, PA
Property Size2,408 SF
Lot Size0.23 Acres
Price / SF$161.96
Days on Market5
Property Features for 835 N 1st Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 9, Bedroom 10, Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 8, Bedroom 7, Bedroom 11, Bathroom 2, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 12, Bathroom 1, Bedroom 3
Parking
6
Parking features
On Street, Off Street
Subdivision
No Subdivision
Elementary school district
Lehighton
Middle school district
Lehighton
High school district
Lehighton
Directions
209S/ N 1st ST South past Lorenzo Pizza, home on right
Standard status
Active
APN
69A-34-B22
Size
2,408 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
2681
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1935
Floors in Building
2
Number of units
4
Building materials
VinylSiding
Listing Agency:
Gene Durigan Real Estate
(610) 377-4488
Listed By:
Nick Heist · License #RS283597
(484) 697-8123
Added: Oct 6
Changed: Oct 8
Last Checked: Oct 10 at 7:06PM
MLS# 785949
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 4-unit apartment building contains 2,408 square feet on a 0.23-acre parcel. Constructed in 1935, the building has vinyl siding and electric baseboard heating. The property is zoned R3 and has public water and public sewer service.
Parking includes both on-street and off-street options. The property is located in Mahoning Township, Pennsylvania, in Carbon County.
Parking includes both on-street and off-street options. The property is located in Mahoning Township, Pennsylvania, in Carbon County.
Key Highlights
- Four‑unit apartment building with 2,408 square feet
- 0.23‑acre parcel
- R3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,259
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,180
$505.2K
Cap Rate 7%
$360,843
$360.8K
Cap Rate 9%
$280,656
$280.7K
Market Conditions
NOI Build-Up for 2,408 SF
Gross rent
$39.0K $16.20/SF
− Vacancy
−$2.9K −$1.22/SF
EGI
$36.1K $14.99/SF
− OpEx
−$10.8K −$4.50/SF
NOI
$25.3K $10.49/SF
Area
Carbon County, PA
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,180
Cap Rate 7%
$360,843
Cap Rate 9%
$280,656
Alternative Uses
Best Use
Multifamily LT 5
$360.8K
$315.7K – $421.0K
NOI $25,259 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K
NOI $22,218 @ 7.0% cap · market cap 5.70%
Theoretical Best
Specialty Retail
$473.1K
$413.9K – $551.9K
NOI $33,115 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 18235, PA
19,139
Population
8,796
Households
2.2
Avg Household Size
47
Median Age
19%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
220
Density / Sq Mi
$72,626
Median Household Income
$44,418
Median Earnings
$1,003
Median Rent
$218,000
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - R3 zoning, public utilities, and a mix of on-street and off-street parking support the property’s residential configuration.
Where is this quadplex located?
The property is located at 835 N 1st Street Lehighton, PA.
What is the asking price?
The asking price for this property is $389,999.
What are key features of this property?
This property features: Four‑unit apartment building with 2,408 square feet; 0.23‑acre parcel; R3 zoning
