Investor opportunity in Slatington offering strong in-place income and an attractive return profile. This fully occupied 3-unit property generates $43,200 in annual rental income, reflecting an approximate 8.6% cap rate at the current list price.
Each unit features a private balcony or deck, enhancing tenant appeal and retention. Current rents are $1,050/month (Unit 1), $1,100/month (Unit 2), and $1,450/month (Unit 3). Units 1 and 3 have been recently renovated, providing a desirable mix of updated interiors and stable tenancy.
Additional highlights include on-street parking and a convenient location within the Northern Lehigh School District, close to shopping, dining, and major routes. A turnkey investment opportunity with immediate cash flow and upside potential—ideal for both seasoned investors and those looking to expand their portfolio.
For sale
$445,000
251 Main St, Slatington, PA 18080
6beds
3,351sqft
Apartment, Single Family Residence
Built in 1905
-- sqft lot
$436,100 Zestimate®
$133/sqft
$-- HOA
What's special
Private balcony or deckOn-street parking
- 2 days |
- 77 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Glen R. Paisley 610-504-4072,
BHHS Fox & Roach Macungie 484-519-4444
Source: GLVR,MLS#: 779672
Originating MLS: Lehigh Valley MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Oven, Electric Water Heater, Refrigerator
Features
- Dining Area
- Flooring: Carpet, Ceramic Tile, Hardwood, Tile, Vinyl
Interior area
- Total interior livable area: 3,351 sqft
- Finished area above ground: 3,351
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: City Lights
Lot
- Size: 4,007 Square Feet
- Features: Flat
Details
- Parcel number: 556224008837 001
- Zoning: C
- Special conditions: None
Construction
Type & style
- Home type: Apartment
- Architectural style: Colonial
- Property subtype: Apartment, Single Family Residence
Materials
- Brick
- Foundation: Block
- Roof: Asphalt,Fiberglass
Condition
- Unknown
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
- Subdivision: Not in Development
Location
- Region: Slatington
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $134,200
- Annual tax amount: $5,283
- Date on market: 6/25/2026
- Ownership type: Fee Simple
Estimated market value
$436,100
$414,000 - $458,000
$3,049/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $445,000-11%$133/sqft |
Source: | ||
| 5/12/2026 | Listing removed | $499,900$149/sqft |
Source: | ||
| 4/12/2026 | Listed for sale | $499,900+820.6%$149/sqft |
Source: | ||
| 12/10/2015 | Sold | $54,300-9.3%$16/sqft |
Source: | ||
| 10/15/2015 | Price change | $59,900-14.3%$18/sqft |
Source: Premier Choice Real Estate, LLC #498251 Report a problem | ||
| 9/17/2015 | Price change | $69,900-8.9%$21/sqft |
Source: Premier Choice Real Estate, LLC #498251 Report a problem | ||
| 8/12/2015 | Price change | $76,750-5%$23/sqft |
Source: Premier Choice Real Estate, LLC #498251 Report a problem | ||
| 7/16/2015 | Price change | $80,750-4.9%$24/sqft |
Source: Premier Choice Real Estate, LLC #498251 Report a problem | ||
| 7/8/2015 | Listed for sale | $84,900+4526.7%$25/sqft |
Source: Premier Choice Real Estate, LLC #498251 Report a problem | ||
| 5/8/2015 | Sold | $1,835-98.2%$1/sqft |
Source: Public Record Report a problem | ||
| 1/1/2015 | Listing removed | $99,900$30/sqft |
Source: RE/MAX REAL ESTATE #473019 Report a problem | ||
| 8/19/2014 | Price change | $99,900-23.1%$30/sqft |
Source: RE/MAX REAL ESTATE #473019 Report a problem | ||
| 5/26/2014 | Listed for sale | $129,900-6.5%$39/sqft |
Source: RE/MAX real estate #473019 Report a problem | ||
| 2/1/2013 | Listing removed | $139,000$41/sqft |
Source: HomeSnipe Real Estate LLC #427202 Report a problem | ||
| 3/27/2012 | Listed for sale | $139,000-4.1%$41/sqft |
Source: HomeSnipe Real Estate LLC #427202 Report a problem | ||
| 10/7/2005 | Sold | $145,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,149 +6.2% | $134,200 |
| 2024 | $4,851 +6.2% | $134,200 |
| 2023 | $4,569 | $134,200 |
| 2022 | $4,569 +4.7% | $134,200 |
| 2021 | $4,365 +2.9% | $134,200 |
| 2020 | $4,240 +10332.8% | $134,200 |
| 2019 | $41 | $134,200 |
| 2018 | $41 | $134,200 |
| 2017 | -- | $134,200 |
| 2016 | -- | $134,200 |
| 2015 | -- | $134,200 |
| 2014 | -- | $134,200 +206.7% |
| 2012 | -- | $43,750 |
| 2011 | -- | $43,750 |
| 2010 | -- | $43,750 |
| 2009 | -- | $43,750 |
| 2008 | -- | $43,750 |
| 2007 | -- | $43,750 |
| 2006 | -- | $43,750 |
| 2005 | -- | $43,750 |
| 2004 | -- | $43,750 -3.5% |
| 2003 | -- | $45,350 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 18080
Nearby schools
GreatSchools rating
- 4/10Slatington El SchoolGrades: 3-6Distance: 1 mi
- 6/10Northern Lehigh Middle SchoolGrades: 7-8Distance: 0.5 mi
- 6/10Northern Lehigh Senior High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Northern Lehigh Schools
- Middle: Northern Lehigh Schools
- High: Northern Lehigh Schools
- District: Northern Lehigh
Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Lehigh County
- Slatington
- 18080
- 251 Main St







