3,351 Sq. Ft.
$149 / Sq. Ft.
3,351
Sq. Ft.
$149
per Sq. Ft.

Description

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), $1,450/month (Unit 2), and $1,100/month (Unit 3). Units 1 and 3 have been recently renovated, providing a desirable mix of updated...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), $1,450/month (Unit 2), and $1,100/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.
  1. Listed by Glen R. Paisley • BHHS Fox & Roach Macungie
    P: (610)-504-4072 C: (610)-504-4072 glen.paisley@foxroach.com
  2. Listed by Matt Carl • BHHS Fox & Roach Macungie
    P: (484)-357-3875 C: (484)-357-3875 matt.carl@foxroach.com

Property Details for 251 Main Street

Senior Community
No
Subdivision Name
Not in Development
View
Yes
LISTING UPDATED: 04/14/2026 06:17 PM

Property Details for 251 Main Street

StatusActive
MLS #774922
Days on Market22
Taxes$5,284 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Apartment / Detached
Year Built1905
CountyLehigh County

Location

Listing Courtesy of BHHS Fox & Roach Macungie
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Building Information for 251 Main Street

Building/Complex251 Main StFloor-Stories-Pet Policy-Pet Policy Details-Year Built1905Building Size-

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$2,958 per month

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Principal and Interest

$2,517

Property Taxes

$440

HOA Dues

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Property Information for 251 Main Street

Summary
Location and General Information
  • Country Subdivision: 42077
  • Directions: Route 145 North to Walnutport. Turn left onto Main Street, cross the bridge, and the property will be on the left.
  • Latitude: 40.752212
  • Longitude: -75.607341
  • MLS Area Major: Slatington
  • Zoning: C
Taxes and HOA
  • Parcel Number: 556224008837 001
  • Tax Annual Amount: $5,284
  • Tax Assessed Value: $134,200
School Information
  • Elementary School: Northern Lehigh Schools
  • Elementary School District: Northern Lehigh
  • High School: Northern Lehigh Schools
  • High School District: Northern Lehigh
  • Middle Or Junior School: Northern Lehigh Schools
  • Middle Or Junior School District: Northern Lehigh
Parking
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Total: 0.0
Property
Lot Information
  • Above Grade Finished Area: 3351.0
  • Below Grade Finished Area: 0.0
  • Living Area: 3351.0
  • Lot Size Acres: 0.092
  • Lot Size Area: 4003.0
  • Lot Size Square Feet: 4003.0
  • Property Attached: No
Property and Assessments
  • Year Built: 1905
  • Year Built Details: Unknown
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: No
  • Heating: Yes
  • Rooms Total: 12
Room Information
Room 1
  • Room Description: Unit 3
  • Room Dimensions: 12.00 x 10.00
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 2
  • Room Description: Unit 2
  • Room Dimensions: 12.00 x 11.00
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Kitchen
  • Room Width: 11.0
Room 3
  • Room Description: Unit 1
  • Room Dimensions: 12.00 x 10.00
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 10.0
Room 4
  • Room Description: Unit 3
  • Room Dimensions: 16.00 x 11.00
  • Room Length: 16.0
  • Room Level: First
  • Room Type: LivingRoom
  • Room Width: 11.0
Room 5
  • Room Description: Unit 2
  • Room Dimensions: 16.00 x 13.00
  • Room Length: 16.0
  • Room Level: Second
  • Room Type: LivingRoom
  • Room Width: 13.0
Room 6
  • Room Description: Unit 1
  • Room Dimensions: 15.00 x 14.00
  • Room Length: 15.0
  • Room Level: First
  • Room Type: LivingRoom
  • Room Width: 14.0
Room 7
  • Room Description: Unit 3
  • Room Dimensions: 10.00 x 9.00
  • Room Length: 10.0
  • Room Level: First
  • Room Type: FullBath
  • Room Width: 9.0
Room 8
  • Room Description: Unit 2
  • Room Dimensions: 8.00 x 8.00
  • Room Length: 8.0
  • Room Level: Second
  • Room Type: FullBath
  • Room Width: 8.0
Room 9
  • Room Description: Unit 1
  • Room Dimensions: 8.00 x 9.00
  • Room Length: 8.0
  • Room Level: First
  • Room Type: FullBath
  • Room Width: 9.0
Room 10
  • Room Description: Unit 3
  • Room Dimensions: 10.00 x 10.00
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 11
  • Room Description: Unit 3
  • Room Dimensions: 11.00 x 10.00
  • Room Length: 11.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 12
  • Room Description: Unit 3
  • Room Dimensions: 12.00 x 13.00
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 13.0
Room 13
  • Room Description: Unit 2
  • Room Dimensions: 12.00 x 11.00
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 11.0
Room 14
  • Room Description: Unit 2
  • Room Dimensions: 11.00 x 12.00
  • Room Length: 11.0
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 12.0
Room 15
  • Room Description: Unit 1
  • Room Dimensions: 10.00 x 13.00
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 13.0
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gardener Expense: $.00
  • Gross Income: $40,320
  • Insurance Expense: $1,200.00
  • Maintenance Expense: $500.00
  • Net Operating Income: $35,036
  • Operating Expense: $5,284.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
  • Trash Expense: $450.00
  • Water Sewer Expense: $.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Actual Rent Range: 1100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Occupant Type: Occupied
  • Unit Type Total Rent: $1,100.00
  • Unit Type Unit Num: 3
Unit 2
  • Unit Type Total Rent: 2
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 1.0
  • Unit Type Pet Deposit Per Pet: Yes

Property History for 251 Main Street

DateEvent & SourcePriceAppreciation
Apr 12, 2026

Listed (Active)

GLVRMLS #774922

$499,900
Apr 12, 2026

Listed (Active)

GLVRMLS #774923

$499,900
Dec 29, 2015

Closed (Public Record)

Public Record #563088745

$54,300

-9.1% / yr

DateEvent & SourcePrice
04/12/2026

Listed (Active)

GLVRMLS #774922

$499,900
04/12/2026

Listed (Active)

GLVRMLS #774923

$499,900
12/29/2015

Closed (Public Record)

Public Record #563088745

$54,300

-9.1% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 251 Main Street

Taxable ValueLand$10,100Additions$124,100Total$134,200
Tax Record2026$5,284 ($440 / month)
Home Facts
Baths3Total Finished SqFt3,351 SqFtAbove Grade Finished SqFt3,351 SqFtStories3Lot Size4,005 SqFtStyleMulti-Family Res (5+ Units)Year Built1905ZoningCCountyLEHIGHAPN556224008837-1

Schools near 251 Main Street

This home is within Northern Lehigh School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Peters El School
PublicK to 2

Slatington El School
Public3 to 6

Northern Lehigh Middle School
Public7 to 8

Northern Lehigh Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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251 Main Street is a condo for sale in Slatington, PA 18080. This property was listed for sale on April 12, 2026 by BHHS Fox & Roach Macungie, it's currently listed at $499,900. It has been on the market for a total of 22 days and was last sold on December 29, 2015. This listing's school district is Northern Lehigh School District. Nearby schools include Peters El School, Slatington El School and Northern Lehigh Middle School. 251 Main Street is a 6-bed, 3-bath, 3,351 sqft condo built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach Macungie

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.