About this home

Four-Unit Investment Opportunity in South Bethlehem! Fully occupied income-producing property featuring two 2-bedroom apartments, one 1-bedroom apartment, and one large 4-bedroom apartment. Ideally located within walking distance of Lehigh University, restaurants, shopping, and everything South Bethlehem has to offer. Convenient public parking lot adjacent to the building. Established rental history with reliable tenants and strong rental demand potential. Offered at $699,000 with an estimated 7.64% cap rate based on historical reported income and expenses (see attached financial info) Excellent opportunity for investors looking to expand their portfolio with a four-unit property in a South Bethlehem location.

Facts and features

Schools

• Broughal Middle School

  middle · 6-8 · 0.5 mi

  5

• Fountain Hill Elementary School

  elementary · K-5 · 0.7 mi

  4

• Liberty High School

  high · 9-12 · 1.9 mi

  3

• Holy Infancy School

  elementary · K-8 · 0.7 mi

• Holy Child School

  elementary · K-8 · 0.7 mi

• Lehigh Valley Dual Language Charter School

  elementary · K-8 · 0.9 mi

  4

Price history

• Nov 4, 2026 · Listed$699,000
• Jun 7, 2025 · Listing Removed—
• May 2, 2025 · Listed For Rent$1,600
• Nov 21, 2020 · Listing Removed—
• Jul 2, 2020 · Listed$450,000
• Jun 2, 2011 · Sold$125,000
• May 12, 2011 · Listing Removed$149,900
• Jan 11, 2011 · Listed$149,900

Tax history

• 2026$4,268 tax · $45,600 assessed
• 2024$4,041 tax · $45,600 assessed
• 2023$4,030 tax · $45,600 assessed
• 2022$3,999 tax · $45,600 assessed
• 2021$3,972 tax · $45,600 assessed
• 2020$3,934 tax · $45,600 assessed
• 2019$3,921 tax · $45,600 assessed
• 2018$3,825 tax · $45,600 assessed

Home value

$729,000

• Collateral Analytics$729,000
• Quantarium$308,434

Where it is