Fully occupied two-unit investment property generating $45,600 in gross income and $35,438 in net income. The property includes two large 2-bedroom units, offering a strong rental setup with spacious layouts and steady tenant demand.
Both units are in great condition, and Apartment 1 has been fully redone with updated floors, fresh paint, a renovated kitchen, and quartz countertops. The property also includes two garages, creating an opportunity for additional rental income.
Tenants are responsible for their utilities, while landlord expenses are limited to water/sewer/trash, helping keep operating costs low. The property also features new gas boiler, adding efficiency and reducing near-term maintenance concerns.
Located in desirable Bethlehem Township, the property offers convenient access to Routes 22, 33, and I-78, making it easy to travel throughout the Lehigh Valley. It is also minutes from St. Luke’s Anderson Campus, Northampton Community College, shopping, dining, and everyday amenities.
With large updated units, garage income potential, low landlord expenses, and a strong Bethlehem Township location, this property is perfect for an owner-occupant or investor looking for a solid investment in a great area.
For sale
$474,900
1901 Willow Park Rd, Bethlehem, PA 18020
4beds
2,318sqft
Multi Family, Apartment
Built in 1940
-- sqft lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Quartz countertopsSpacious layoutsFresh paintRenovated kitchenTwo garagesNew gas boilerLarge updated units
- 46 days
- 281
- 13
Zillow last checked:
Listing updated:
Listed by:
Akinlana Popoola 610-735-6082,
EXP Realty LLC 888-397-7352
Source: GLVR,MLS#: 780698
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Steam
Cooling
- Wall Unit(s), Wall/Window Unit(s)
Interior area
- Total interior livable area: 2,318 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street
Features
- Stories: 1
Lot
- Size: 0.33 Acres
Details
- Parcel number: N7NW342140205
- Zoning: 05MDR
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in Development
Location
- Region: Bethlehem
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $51,800
- Annual tax amount: $4,254
- Date on market: 8/26/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,793/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $474,900+39.7%$205/sqft |
Source: | ||
| 4/30/2024 | Sold | $340,000+13.4%$147/sqft |
Source: | ||
| 3/26/2024 | Pending sale | $299,900$129/sqft |
Source: | ||
| 3/23/2024 | Listed for sale | $299,900$129/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,255 +4.2% | $51,800 |
| 2025 | $4,083 +2.7% | $51,800 |
| 2024 | $3,975 -0.3% | $51,800 |
| 2023 | $3,988 | $51,800 |
| 2022 | $3,988 +552.5% | $51,800 |
| 2021 | $611 +2.8% | $51,800 +2.8% |
| 2020 | $595 | $50,400 |
| 2018 | $595 | $50,400 |
| 2017 | -- | $50,400 |
| 2016 | -- | $50,400 |
| 2015 | -- | $50,400 |
| 2014 | -- | $50,400 |
| 2013 | -- | $50,400 |
| 2012 | -- | $50,400 |
| 2011 | -- | $50,400 |
| 2010 | -- | $50,400 |
| 2004 | -- | $50,400 |
| 2003 | -- | $50,400 |
| 2002 | -- | $50,400 |
| 2000 | -- | $50,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 18020
Nearby schools
Schools provided by the listing agent
- District: Bethlehem
Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






