Property details
About 7108 Pa Route 873
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 three years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $62K 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 8.3% cap rate, and a proforma 9.6% 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.
Highlights
Summary
- Attached Garage: Yes
- Parking: Attached, Garage, Parking Lot
- Heating: Baseboard, Electric, Forced Air, Oil
- Cooling: Wall/Window Unit(s)
- List Price: $709,000
- Price/SqFt: $105
- Directions: Drive through town of slatington for approximately 1 mile, pass Friedens Rd on your right, and the property will be on the right hand side of route 873.
- Year Built: 1954
- Living Area: 6,690 SqFt
- Lot Size: 2.39 Acres
- MLS Number: 754963
- MLS Name: HIGH
- Office Name: EXP Realty LLC
- Office Phone: (888) 397-7352
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/17/2025, 12:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Slatington Elementary School
Public District 3-6
2.3 mi
•1201 Shadow Oaks Ln
7
Schnecksville Elementary School
Public District KG-5
4.5 mi
•4260 Sand Spring Rd
7
Lehigh Elementary School
Public District KG-5
4.9 mi
•800 Blue Mountain Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,494. The most common annual income of people living in Washington Twp, PA is between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Soccer
PGA/LPGA
Where do the neighbors shop?
Dick's Sporting Goods
Old Navy
Stein Mart
Where do the neighbors go to eat?
Arbys
Jimmy Johns
Cracker Barrel
What do the neighbors drive?
GMC
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
New Country
Oldies
Frequently asked questions
About 7108 Pa Route 873
The listing price of 7108 Pa Route 873 property is $709,000.
The property 7108 Pa Route 873 is a condo located in Washington Twp, Pennsylvania, 18080.
Active Listing: 7108 Pa Route 873 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7108 Pa Route 873 are: Slatington Elementary School (GreatSchools Rating 5/10), Schnecksville Elementary School (GreatSchools Rating 7/10), Lehigh Elementary School (GreatSchools Rating 7/10), Northern Lehigh Middle School (GreatSchools Rating 4/10), Palmerton Area Jr High School (GreatSchools Rating 5/10), Northwestern Lehigh Middle School (GreatSchools Rating 7/10), Northern Lehigh High School (GreatSchools Rating 5/10), Lehigh Career & Technical Institute (GreatSchools Rating 4/10), Palmerton Area High School (GreatSchools Rating 6/10).
The property at 7108 Pa Route 873 has 0 bathroom.
The property 7108 Pa Route 873 is 6,690 SqFt (source: MLS/tax record).
The year of construction for 7108 Pa Route 873 is 1954.
This home is located at 7108 Pa Route 873 in Washington Twp, PA and zip code 18080. This 6,690 square foot home, which was built in 1954, sits on a 2.39 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $709,000.
Over 8 listings were sold over their listed price in June 2025 in Washington Twp, PA. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price. In June 2025 in Washington Twp, PA there were 23.3% more homes for sale than in May. While the average time on the market in June 2025 was 62 days, the median list price was $289,940.