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!
Sold for $336,000 on 09/26/25
$336,000
485 S Walnut St, Slatington, PA 18080
7beds
2,632sqft
Multi Family
Built in 1880
-- sqft lot
$336,000 Zestimate®
$128/sqft
$1,476 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 26, 2025 at 11:50am
Listed by:
Nick Smith,
Coldwell Banker Hearthside,
Mike Dragotta 610-570-7996,
Coldwell Banker Hearthside
Bought with:
Ronald S. Bowser, RS349375
Steel City Realty
Source: GLVR,MLS#: 762425
Originating MLS: Lehigh Valley MLS

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 sqft
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 & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Slatington
- Subdivision: Not in Development
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$336,000
2% more+$6,720
With Zillow Showcase(estimated)$342,720