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
$293,300 Zestimate®
$133/sqft
$-- HOA
What's special
Private balcony or deckOn-street parking
- 57 days |
- 142 |
- 4 |
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
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
Zestimate®
$293,300
Estimated sales range
$238,000 - $346,000
Rent Zestimate®
$2,399/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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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