313 Main St Slatington, PA 18080
Slatington AreaEstimated payment $1,970/month
About This Home
Don't miss your chance to own this well maintained, income producing detached 2 unit property offering a strong cap rate of over 9%. Whether you're looking to expand your investment portfolio or purchase your first multifamily property, this turnkey building offers updated interiors, separate utilities and excellent cash flow potential. Both units have been thoughtfully updated with fresh paint, new flooring, renovated kitchens featuring granite countertops, new cabinetry and newer appliances making them highly desirable for tenants while minimizing future maintenance expenses. Unit 1: spacious entrance foyer, 4 generously sized bedrooms, large & inviting living room, cozy eat-in kitchen, oversized full bathroom, dedicated laundry room with washer & dryer, gas forced-air heat. Unit 2: enclosed front porch entrance, bright living room, modern eat-in kitchen, large full bathroom, 2 bedrooms on the second floor & 2 additional bedrooms plus a versatile loft area on the finished third floor, electric baseboard heat. Additional features include: plenty of off-street parking for tenants, newer vinyl siding, both hot water heaters recently replaced, separate electric, heat and water/sewer utilities - there are separate water meters that allows tenants to pay their own water bills which helps maximize your net operating income. With updated interiors, separate utilities, minimal owner expenses and a proven cap rate exceeding 9%, this is a rare opportunity to acquire a true cash flowing investment property. Schedule your showing today and start earning!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,744
Year Built
- Built in 1870
Home Design
- 2,503 Sq Ft Home
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- Parking Lot
- Off-Street Parking
Additional Features
- 7,350 Sq Ft Lot
- Heating Available
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $600
- Gardener Expense $500
- Insurance Expense $1,200
- Operating Expense $7,600
- Gross Income $36,000
- Net Operating Income $28,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,744 | $120,500 | $15,300 | $105,200 |
| 2025 | $4,549 | $120,500 | $15,300 | $105,200 |
| 2024 | $4,356 | $120,500 | $15,300 | $105,200 |
| 2023 | $4,103 | $120,500 | $15,300 | $105,200 |
| 2022 | $4,042 | $120,500 | $105,200 | $15,300 |
| 2021 | $3,919 | $120,500 | $15,300 | $105,200 |
| 2020 | $3,807 | $120,500 | $15,300 | $105,200 |
| 2019 | $3,724 | $120,500 | $15,300 | $105,200 |
| 2018 | $3,649 | $120,500 | $15,300 | $105,200 |
| 2017 | $3,634 | $120,500 | $15,300 | $105,200 |
| 2016 | -- | $120,500 | $15,300 | $105,200 |
| 2015 | -- | $120,500 | $15,300 | $105,200 |
| 2014 | -- | $120,500 | $15,300 | $105,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2026 07/16/26 | For Sale | $289,000 | +221.5% | $115 / Sq Ft | |
| 09/27/2019 09/27/19 | Sold | $89,900 | -5.3% | $36 / Sq Ft | View Prior Sale |
| 08/07/2019 08/07/19 | Pending | -- | -- | -- | |
| 07/02/2019 07/02/19 | For Sale | $94,900 | -- | $38 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $89,900 | Vast Abstract | |
| Deed | $113,827 | -- | |
| Deed | $26,000 | -- | |
| Deed | $32,000 | -- | |
| Deed | $39,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $197,250 | New Conventional | |
| Previous Owner | $60,000 | Commercial |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 780809
APN: 556214702921-1
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Information is deemed reliable but not guaranteed.
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