About this home

Income-producing investment opportunity near Lehigh University and Historic South Bethlehem! This two-unit student property offers a combined 10 BEDROOMS and 6 FULL BATHROOMS, with updated kitchens, granite countertops, tile backsplashes, stainless steel appliances, and additional kitchenette areas. Features include updated bathrooms, engineered hardwood flooring, laundry areas, and front and rear stairway access. Conveniently located near restaurants, shopping, and downtown attractions.. 413 Buchanan St 5 bedrooms, 3 bathrooms and kitchen plus another kitchenette area. 415 Buchanan St- 5 bedroom , 3 bathrooms and kitchen with a separate kitchenette area. Central air throughout. This student housing portfolio is occupied producing approximately 80K a year in rental income . An opportunity to add an established rental property to your investment portfolio. Income and expense statement available for review.

Facts and features

Schools

• Donegan Elementary School

  elementary · K-5 · 0.5 mi

  5

• Broughal Middle School

  middle · 6-8 · 0.6 mi

  5

• Freedom High School

  high · 9-12 · 4.1 mi

  5

• Holy Infancy School

  elementary · K-8 · 0.4 mi

• Lehigh Valley Dual Language Charter School

  elementary · K-8 · 0.1 mi

  4

• Gateway School Of Lehigh Valley

  middle · 7-12 · 0.7 mi

Price history

• Oct 9, 2026 · Listed$825,000
• Nov 20, 2020 · Sold$575,000
• Sep 26, 2020 · Listing Removed—
• Sep 23, 2020 · Relisted$654,900
• Aug 27, 2020 · Listing Removed—
• Jul 25, 2020 · Listing Removed—
• May 20, 2020 · Listed For Rent$3,000
• May 20, 2020 · Listed$654,900

Tax history

• 2026$3,248 tax · $34,700 assessed
• 2024$3,075 tax · $34,700 assessed
• 2023$3,067 tax · $34,700 assessed
• 2022$3,043 tax · $34,700 assessed
• 2021$3,022 tax · $34,700 assessed
• 2020$2,717 tax · $31,500 assessed
• 2019$2,708 tax · $31,500 assessed
• 2018$2,642 tax · $31,500 assessed

Home value

$479,678

• Quantarium$479,678
• Collateral Analytics$759,000
• Cotality$394,000

Where it is