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Sold for $660,000
  • $660,000

    7108 State Route 873, Slatington, PA 18080

    11beds
    6baths
    6,690sqft
    Mixed Use, Multi Family, Apartment
    Built in 1954
    -- sqft lot
    $695,700 Zestimate®
    $99/sqft
    $1,573 Estimated rent

    Home value

    $695,700

    $661,000 - $730,000

    $1,573/mo

    Zestimate® history
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    $4,313/mo

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    What's special

    Investors, take notice—7108 PA Route 873 in Slatington is a rare opportunity to acquire a fully occupied, 7-unit mixed-use property that delivers consistent performance and outstanding value-add potential. This income-generating asset features five well-maintained apartments (four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit), a detached 2-bedroom, 1-bath ranch home, as well as a 1,200 square foot workshop/storage building, and two garages that provide additional rental income streams. Tenants cover electric, and trash, while the landlord is responsible for water/sewer, heat, lawn care, and house electric meter. The property has been fully occupied for the past four years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $63K and a pro forma NOI of $72,000, this property offers immediate cash flow with room for increased returns through strategic upgrades and rent adjustments. Offered at an actual 9% cap rate, and a proforma 10.3% cap rate. Whether you're expanding your portfolio or seeking your next high-performing asset, this property checks all the boxes for stability, upside, and long-term investment success. Owner is a licensed Realtor.

    Zillow last checked: 7 hours ago

    Listing updated: December 31, 2025 at 06:22am

    Listed by:

    Michael Crocefoglia,

    EXP Realty LLC

    Bought with:

    Lenore J. Mohr, RS344168

    Keller Williams Northampton

    Source: GLVR,MLS#: 767520MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    Heating
    • Baseboard, Electric, Forced Air, Oil
    Cooling
    • Wall/Window Unit(s)
    Interior area
    • Total interior livable area: 6,690 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Attached, Garage, Parking Lot
    • Has attached garage: Yes
    Lot
    • Size: 2.39 Acres
    Details
    • Parcel number: 555196267684 001
    • Zoning: C-Commercial
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use, Multi Family, Apartment
    Materials
    • Aluminum Siding, Brick, Steel Siding
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Slatington
    • Subdivision: Not in Development

    Price history

    DateEventPrice
    12/30/2025Sold$660,000-5.7%$99/sqft
    Source: GLVR #767520 Report a problem
    11/13/2025Pending sale$700,000$105/sqft
    Source: GLVR #767520 Report a problem
    11/6/2025Listed for sale$700,000-1.3%$105/sqft
    Source: GLVR #767520 Report a problem
    7/17/2025Listing removed$709,000$106/sqft
    Source: GLVR #754963 Report a problem
    7/9/2025Price change$709,000-2.2%$106/sqft
    Source: GLVR #754963 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,322 +3.9%$310,000
    2024$8,973 +2.8%$310,000
    2023$8,726 $310,000

    Find assessor info on the county website

    Neighborhood: 18080

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Northern Lehigh

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

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    Estimated market value
    $695,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $695,700