485 S Walnut Street Slatington Borough, PA 18080
Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / Coldwell Banker Hearthside / Nicholas Smith / Mike Dragotta

  485 S Walnut Street Slatington Borough, PA 18080

Active (1 Days)
$349,900
7
BED
3
BATH

Description

Excellent Investment Opportunity or Live-In Landlord Option! Welcome to 485 S Walnut St in Slatington, this 2-house property is fully occupied, offering strong rental income and modern upgrades throughout. This well-maintained property features 2 separate houses and is currently grossing $42,000 (House 1 $1,400 under value, House 2 $2,100) annually with a net income of approximately $32,400 per year, making it an ideal addition to any real estate portfolio. The front house features 3 spacious bedrooms and 1 full bath, while the rear house offers 4 bedrooms and 1.5 baths—perfect for larger households or long-term tenants. Both units have been recently updated with durable LVT flooring, stylish kitchens with modern finishes, refreshed bathrooms, and both roofs have been replaced within the last 5 years. Tenants pay all utilities except water and trash, reducing overhead costs for the owner. Whether you’re an investor seeking cash flow or a buyer looking to offset your mortgage by living in one unit and renting out the other, this property provides flexibility and long-term value. Located in a quiet neighborhood with easy access to schools, shopping, and major roadways, 485 S Walnut St is a turn-key opportunity you won’t want to miss.

MLS #:
759532
Taxes
$6,290
Lot Size
6,229 SQFT
Type
Multifamily
Year Built
1880
School District
Northern Lehigh
County
Lehigh County
Community
Not In Development

Listed By

Nicholas Smith, Coldwell Banker Hearthside
Mike Dragotta, Coldwell Banker Hearthside
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Jun 19 2025 at 8:47 PM EDT
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Subdivision
  • Not In Development
Heating and Cooling
  • Electric
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Cesspool
Parking
  • Off Street
Stories
  • 2
Location
   
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