About This Home

This 10-bedroom, 0-bathroom multi-family at 429 E 4th Street in Bethlehem City, PA is listed for $899,000 ($117 per sqft). Built in 1910, the home offers 7,712 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1910
  • 0.07 acre lot
  • 3 stories

Property Details

3 stories
1910

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

429 E 4th Street

Bethlehem City, PA 18015

Not in Development

Features & Amenities

Interior Features

Balcony

Property Details

Flooring

Carpet

Construction

Brick

Parking

On Street

Heating

Electric (Heating)

Cooling

Wall Unit(s)Window Unit(s)

Questions & Answers

This 10-bedroom, 0-bathroom multi-family at 429 E 4th Street is listed at $899,000 ($117/sqft). The estimated monthly payment is $4,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.07 acre lot, 3 stories. Interior Features: Balcony.

This property is listed by Jessica Tomasetti.

JT

Jessica Tomasetti

Agent at Cassidon Realty Corp

Listed by Cassidon Realty Corp · Broker phone: (610) 882-3135 · View on Broker Site · Broker website

MLS# 777760· Source: Greater Lehigh Valley REALTORS· 129 days on PropertySimple

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

429 E 4th Street, Bethlehem City, PA 18015

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