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.
Pending
$700,000
7108 State Route 873, Slatington, PA 18080
11beds
6baths
6,690sqft
Est.:
Mixed Use, Multi Family, Apartment
Built in 1954
-- sqft lot
$693,200 Zestimate®
$105/sqft
$-- HOA
What's special
Well-maintained apartments
- 38 days |
- 36 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 13, 2025 at 12:47pm
Listed by:
Michael Crocefoglia 888-397-7352,
EXP Realty LLC 888-397-7352
Source: GLVR,MLS#: 767520
Originating 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 & HOA
Community
- Subdivision: Not in Development
Location
- Region: Slatington
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $310,000
- Annual tax amount: $9,322
- Date on market: 11/6/2025
- Cumulative days on market: 39 days
Estimated market value
$693,200
$659,000 - $728,000
$1,657/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Pending sale | $700,000$105/sqft |
Source: | ||
| 11/6/2025 | Listed for sale | $700,000-1.3%$105/sqft |
Source: | ||
| 7/17/2025 | Listing removed | $709,000$106/sqft |
Source: | ||
| 7/9/2025 | Price change | $709,000-2.2%$106/sqft |
Source: | ||
| 5/6/2025 | Price change | $725,000-3.3%$108/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
BuyAbility℠ payment
Est. payment
$4,486/mo
Principal & interest
$3424
Property taxes
$817
Home insurance
$245
Climate risks
Neighborhood: 18080
Nearby schools
GreatSchools rating
- NAPeters El SchoolGrades: K-2Distance: 1.3 mi
- 5/10Northern Lehigh Middle SchoolGrades: 7-8Distance: 1.9 mi
- 6/10Northern Lehigh Senior High SchoolGrades: 9-12Distance: 2 mi
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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