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Sold for $1,050,000
  • $1,050,000

    697 Ferry Street, Easton, PA 18042

    8beds
    4,506sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $233/sqft
    $1,908 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,908/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Akinlana Popoola,

    EXP Realty LLC

    Bought with:

    Ryan L. Romeo

    Morganelli Properties LLC

    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: $233/sqft
    • Tax assessed value: $53,000
    • Annual tax amount: $5,779
    • Date on market: 2/21/2026

    Price history

    DateEventPrice
    9/23/2026Sold$1,050,000-4.5%$233/sqft
    Source: eXp Realty #203149465 Report a problem
    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
    2026$5,779 +2.3%$53,000
    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

    Neighborhood: West Ward

    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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