231 S 7th Street, Easton, PA 18042
Local realty services provided by:ERA One Source Realty
231 S 7th Street,Easton, PA 18042
$499,900
- - Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: richard j. ehrhardt, jason el-khouri
Office: ironvalley re of lehigh valley
MLS#:774421
Source:PA_LVAR
Price summary
- Price:$499,900
About this home
Prime courthouse district mixed-use investment opportunity with recent price improvement and seller open to creative financing options, including potential partial seller financing for qualified buyers. Positioned directly across from the Northampton County Courthouse, this ~5,800 SF mixed-use property offers multiple paths to value creation in one of Easton's most visible and sought-after redevelopment corridors.
The property features a first-floor commercial office suite with eight private offices, ideally suited for attorneys, title companies, professional services, medical, or administrative users. Above are two large multi-level residential units, each offering 3 bedrooms, with one unit featuring 1.5 baths and the other 1 full bath, creating strong rental income potential upon completion.
The residential units have already been fully demoed and prepared for renovation, allowing investors to bypass the initial demolition phase and move directly into construction. New flooring and window packages are included, helping reduce upfront costs and accelerate project timelines. Much of the groundwork has already been completed, providing a head start for investors looking to capitalize on Easton's continued growth and demand.
The existing mixed-use configuration offers flexibility for long-term hold, rental income, owner occupancy, or redevelopment strategies. Commercial use is currently positioned on the lower level with residential units above. Potential exists for alternative configurations, including full residential conversion, subject to buyer due diligence and municipal approvals.
Ownership has already invested substantial capital into demolition, materials, planning, and project preparation. With the seller currently focused on a larger development project, an opportunity exists for the next investor to capitalize on the progress already completed and advance the project without the time and expense associated with initial demolition, planning, and preparation. The recent price improvement creates an attractive entry point for buyers seeking a value-add asset with multiple exit strategies in a proven downtown location. Seller may consider creative financing structures, including partial seller financing, depending on terms and buyer qualifications.
Located within walking distance of downtown restaurants, retail, government offices, and public transportation, the property benefits from strong visibility, courthouse-driven traffic, and consistent demand from both residential and professional tenants. Opportunities offering this combination of location, scale, flexibility, and redevelopment potential are increasingly difficult to find in the Easton market.
Property is being sold in its current condition. Title issues that previously delayed a transaction have been fully resolved, and the property has been returned to market ready for a smooth closing. Strong investor interest expected....
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Home facts
- Year built:1910
- Listing ID #:774421
- Added:90 day(s) ago
- Updated:July 06, 2026 at 02:52 PM
Rooms and interior
- Total bathrooms:3
Heating and cooling
- Cooling:Central Air, Wall Window Units
- Heating:Electric, Oil
- Central air:Yes
Structure and exterior
- Year built:1910
- Lot area:0.11 Acres
- Construction Materials:Brick
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Tax amount:$11,188
Parking
- Total parking spaces:2
- Parking description:Off Street, On Street, Parking Pad
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