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Pending
  • $1,099,000

    697 Ferry Street, Easton, PA 18042

    8beds
    4,506sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $244/sqft
    $-- HOA

    What's special

    Spacious layoutsSolid brick building
    Fully occupied eight-unit investment property generating $99, 000 in gross income and $79, 156 in net income. The asset consists of eight spacious 1-bedroom apartments, offering a consistent and highly desirable unit mix supported by strong and durable rental demand in the Easton market. All units are currently leased, providing immediate and stable cash flow. Tenants are responsible for their own electric and heating, while landlord expenses are limited to taxes, insurance, and water/sewer/trash, creating a favorable expense structure with predictable operating performance. The property is a solid brick building, enhancing long-term durability and reducing exterior maintenance exposure. The flat roof has been recently recoated, contributing to capital stability and near-term maintenance confidence. Each apartment offers spacious layouts that continue to attract steady tenant demand. Additional value is supported by a large basement, suitable for tenant storage or the potential addition of common laundry facilities, creating further income enhancement opportunities. Positioned in an exceptional Easton location, this is a rare opportunity to acquire a larger multifamily asset in a prime rental corridor where occupancy remains consistently strong. With durable in-place income, minimal vacancy risk, and operational simplicity, this property is well-suited for investors seeking scale, stability, and long-term performance in a proven market.
    129 days
    |
    16
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Akinlana Popoola,

    EXP Realty LLC 888-397-7352

    Source: eXp Realty,MLS#: 772150Originating MLS: Lehigh Valley Mls

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Baseboard
      Cooling
      • Central Air, Wall Window Units
      Interior area
      • Total interior livable area: 4,506 sqft

      Property

      Parking
      • Total spaces: 8
      Features
      • Stories: 3
      Lot
      • Size: 3,179 Square Feet
      Details
      • Parcel number: L9SE1B 29 35 0310
      • Zoning: 10RHD

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Not in Development
      Location
      • Region: Easton

      Financial & listing details

      • Price per square foot: $244/sqft
      • Tax assessed value: $53,000
      • Annual tax amount: $4,601
      • Date on market: 2/21/2026
      • Cumulative days on market: 19 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,986/mo

        Price history

        DateEventPrice
        3/4/2026Pending sale$1,099,000$244/sqft
        Source: eXp Realty #772150 Report a problem
        2/21/2026Listed for sale$1,099,000+214.1%$244/sqft
        Source: eXp Realty #772150 Report a problem
        8/14/2013Listing removed$595
        Source: www.equinoxadvantage.com Report a problem
        6/27/2013Sold$349,900+60752.2%$78/sqft
        Source: Public Record Report a problem
        6/8/2013Listed for rent$595
        Source: EQUINOX ADVANTAGE REAL ESTATE Report a problem
        12/10/2012Listing removed$595
        Source: EQUINOX ADVANTAGE REAL ESTATE Report a problem
        11/14/2012Price change$595-8.5%
        Source: EQUINOX ADVANTAGE REAL ESTATE Report a problem
        10/11/2012Listed for rent$650
        Source: EQUINOX ADVANTAGE REAL ESTATE Report a problem
        7/2/2012Listing removed$650
        Source: EQUINOX ADVANTAGE REAL ESTATE Report a problem
        5/12/2012Listed for rent$650
        Source: EQUINOX ADVANTAGE REAL ESTATE Report a problem
        4/26/2012Sold$575-99.8%
        Source: Agent Provided Report a problem
        2/5/2012Listing removed$650
        Source: EQUINOX ADVANTAGE REAL ESTATE Report a problem
        1/6/2012Listed for rent$650
        Source: EQUINOX ADVANTAGE REAL ESTATE Report a problem
        12/29/2008Sold$348,500-5.8%$77/sqft
        Source: Public Record Report a problem
        12/28/2005Sold$370,000+57.4%$82/sqft
        Source: Public Record Report a problem
        9/23/2003Sold$235,000$52/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,650 +1.5%$53,000
        2024$5,569 +1.3%$53,000
        2023$5,498 $53,000
        2022$5,498 +779.2%$53,000
        2021$625 $53,000
        2020$625 $53,000
        2018$625 $53,000
        2017-- $53,000
        2016-- $53,000
        2015-- $53,000
        2014-- $53,000
        2013-- $53,000
        2012-- $53,000
        2011-- $53,000
        2010-- $53,000
        2004-- $53,000
        2003-- $53,000
        2002-- $53,000
        2000-- $53,000

        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.
        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: West Ward

        Getting around

        83 / 100
        Very Walkable
        36 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Easton

        Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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