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 (22 Days)
$349,900
7
BED
3
BATH
2,632
SQFT

Description

Live in One, Rent the Other—Or Add to Your Investment Portfolio! Welcome to 485 S Walnut St in Slatington—a unique 2-house property offering flexibility, strong income potential, and recent upgrades throughout. House 1 is now vacant, making it the perfect opportunity for an owner-occupant to move in and enjoy rental income from House 2, or to rent out both houses for maximum cash flow. House 2 is currently rented at $2,100/month, and House 1 has a rental potential of $2,000/month, bringing the projected gross income to $49,200 annually with an estimated net income of approximately $39,600. The front House features 3 spacious bedrooms and 1 full bath, while the rear House offers 4 bedrooms and 1.5 baths—ideal for larger families or long-term tenants. Both houses have been tastefully updated with LVT flooring, modern kitchens, refreshed bathrooms, and newer roofs (within the last 5 years). Tenants pay all utilities except water and trash, keeping owner expenses low. Whether you're an investor seeking turnkey cash flow or a homeowner looking to offset your mortgage, this property delivers versatility and long-term value. Situated in a quiet neighborhood with easy access to schools, shopping, and major roadways, 485 S Walnut St is an opportunity you don’t want to miss!

MLS #:
762425
Taxes
$6,393
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 Aug 7 2025 at 6:56 AM GMT-0500
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
  • Parking Pad
Stories
  • 2
Living Area
  • 2,632 sqft
Location
   
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