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!
For sale
$349,900
485 S Walnut St, Slatington, PA 18080
7beds
2,632sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$345,200 Zestimate®
$133/sqft
$-- HOA
What's special
Newer roofsModern kitchensRefreshed bathroomsSpacious bedrooms
- 11 hours
- on Zillow |
- 100 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listed by:
Nick Smith,
Coldwell Banker Hearthside 610-465-5600,
Mike Dragotta 610-570-7996,
Coldwell Banker Hearthside
Source: GLVR,MLS#: 762425
Originating MLS: Lehigh Valley MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- None
Interior area
- Total interior livable area: 2,632 sqft
Property
Parking
- Total spaces: 5
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,229.08 Square Feet
Details
- Parcel number: 556241057415 1
- Zoning: I
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Unknown
- Year built: 1880
Utilities & green energy
- Sewer: Cesspool
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Not in Development
Location
- Region: Slatington
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $166,600
- Annual tax amount: $6,392
- Date on market: 8/5/2025
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