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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!
| DAYS ON MARKET | 2 | LAST UPDATED | 8/5/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1880 |
| COMMUNITY | Slatington | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Slatington |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Electric |
| LOT | 6229 sq ft |
| LOT DIMENSIONS | 6229.0 |
| PARKING | Off Street, Parking Pad |
| SEWER | Cesspool |
| STORIES | 2 |
| SUBDIVISION | Not in Development |
| TAXES | 6392.61 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Coldwell Banker Hearthside
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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