429 E 4th Street
Bethlehem City, PA, 18015 $ 1,100,000
Bedrooms10 Baths0.0 Sq 7,712 Monthly Estimate*
$ 6,946
Multi-Family Home for sale in Bethlehem City, PA
for $1,100,000 with 10 bedrooms. This 7,712 square foot home was built in 1910 on a lot size of 0.066.
Mixed-use investment opportunity in the heart of South Bethlehem! Ideally located just minutes from Lehigh University, this well-maintained property features four fully occupied residential units and a spacious 2,000+ sq. ft. commercial space with outstanding income-producing potential. The residential mix includes two 3-bedroom units and two 2-bedroom units, all thoughtfully updated with modern improvements including newer appliances and hot water heaters. The expansive street-level commercial space is currently vacant and offers endless possibilities for a restaurant, cafe;, retail storefront, office, creative studio, specialty business, and more. With strong visibility and a prime South Bethlehem location surrounded by ongoing development, dining, nightlife, and university activity, the opportunity for future growth is substantial. Residential rents are currently below market value, offering immediate value-add potential, while the commercial space presents the opportunity to significantly increase overall income once leased. Projected net income has the potential to exceed $70,000 annually through market rent adjustments and lease-up of the commercial space. Whether you're looking to expand your portfolio or invest in one of Bethlehem's most active growth corridors, this property offers strong income potential, value-add opportunities, and long-term upside.
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Wall Unit(s) Wall/Window Unit(s)
Zoning 04CG
Security Features Smoke Detector(s) Fire Escape
Construction Materials Brick
Year Built 1910
Stories Count 3
Property Subtype Apartment
Gross Income 60600
County Northampton
Net Operating Income 44200
Operating Expense 15830
Insurance Expense 5500
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Status Active
Directions Turn left onto S New Street and continue for approximately 0.2 miles. Turn right onto E 4th Street. Continue straight; your destination 429 E 4th Street will be on the right.
City Bethlehem City
Senior Community Y/N false
High School District Bethlehem
Number Of Units Total 5
MLS Area Bethlehem-South
Lot Size Units Square Feet
Lot Size Square Feet 2870
Tax Annual Amount 7732.18
Electric Expense 1181
Fuel Expense 942
Water Sewer Expense 1173
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Bethlehem
Elementary School District Bethlehem
Tax Assessed Value 82600
Property Sub Type Additional Apartment Mixed Use Commercial
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InteriorInterior Amenities Balcony
Flooring Carpet
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 10
Total Baths 0
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ExteriorParking Features On Street
Water Source Public
Total Parking 0
Lot Size Area 2870
Lot Size Acres 0.066
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* Excluded FeaturesList ByJessica TomasettiListing Agent
Betterhomes&Gardensre/CassidonBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,946
- Monthly Property Taxes
- $644
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Bethlehem, PA
Average List Price $629,950
Percent of Sale Price 43%
About Bethlehem, PA 76,309 Population
7% Since 2002
$ 50,785 Median Income
37.34 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4801670 Elementary School
4801668 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/20/2026 | $1,100,000 | | Listed Price |