2,503 Sq. Ft.
$115 / Sq. Ft.
2,503
Sq. Ft.
$115
per Sq. Ft.

Description

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...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!
  1. Listed by Rick Matos • IronValley RE of Lehigh Valley
    P: (484)-515-8705 C: (484)-515-8705 rickmatos@gmail.com

Property Details for 313 Main Street

Senior Community
No
Subdivision Name
Not in Development
LISTING UPDATED: 07/16/2026 03:21 PM

Property Details for 313 Main Street

StatusActive
MLS #780809
Days on MarketListed Today
Pet Policy-
Taxes$4,744 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment / Detached
Year Built1870
CountyLehigh County

Location

Listing Courtesy of IronValley RE of Lehigh Valley
Add your commute

Building Information for 313 Main Street

Building/Complex313 Main StFloor-Stories2Pet Policy-Pet Policy Details-Year Built1870Building Size-

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$1,835 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,440

Property Taxes

$395

HOA Dues

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Property Information for 313 Main Street

Summary
Location and General Information
  • Country Subdivision: 42077
  • Directions: PA-309 N, continue straight onto PA-873 N and follow in to Slatington, property is on the right before Center St
  • Latitude: 40.752235
  • Longitude: -75.608638
  • MLS Area Major: Slatington
  • Zoning: TR
Taxes and HOA
  • Parcel Number: 556214702921-1
  • Tax Annual Amount: $4,744
  • Tax Assessed Value: $120,500
School Information
  • Elementary School District: Northern Lehigh
  • High School District: Northern Lehigh
  • Middle Or Junior School District: Northern Lehigh
Parking
  • Parking Total: 6.0
Property
Lot Information
  • Living Area: 2503.0
  • Lot Size Acres: 0.169
  • Lot Size Area: 7350.0
  • Lot Size Square Feet: 7350.0
  • Property Attached: No
Property and Assessments
  • Year Built: 1870
Interior and Exterior Features
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 8
  • Heating: Yes
  • Stories Total: 2
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $600.00
  • Gardener Expense: $500.00
  • Gross Income: $36,000
  • Insurance Expense: $1,200.00
  • Licenses Expense: $300.00
  • Net Operating Income: $28,400
  • Operating Expense: $7,600.00

Property History for 313 Main Street

DateEvent & SourcePriceAppreciation
Jul 16, 2026

Listed (Active)

GLVRMLS #780809

$289,000
Sep 30, 2019

Closed

BRIGHT #PALH111744

$89,900
Sep 27, 2019

Closed (Public Record)

Public Record #653715787

$89,900
DateEvent & SourcePrice
07/16/2026

Listed (Active)

GLVRMLS #780809

$289,000
09/30/2019

Closed

BRIGHT #PALH111744

$89,900
09/27/2019

Closed (Public Record)

Public Record #653715787

$89,900

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

Public Records for 313 Main Street

Taxable ValueLand$15,300Additions$105,200Total$120,500
Tax Record2026$4,744 ($395 / month)
Home Facts
Baths2Total Finished SqFt2,503 SqFtAbove Grade Finished SqFt2,503 SqFtStories3Lot Size7,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1870ZoningTRCountyLEHIGHAPN556214702921-1

Schools near 313 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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313 Main Street is a multi-family home for sale in Slatington, PA 18080. This listing's school district is Northern Lehigh School District. Nearby schools include Peters El School, Slatington El School and Northern Lehigh Middle School. 313 Main Street is a 8-bed, 2-bath, 2,503 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IronValley RE of Lehigh Valley

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.