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$1,500,000 Just Listed
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Property Description
Investment Opportunity with immediate income and could be turn key depending on your needs. 2 buildings and a large lot give this property a few possibilities. Very little to do in the 6 unit building with most units having recent updates and are below market value on month to month leases. The 2 unit building is currently owner occupied and has been slightly modified for easy access between the units but could be returned to its original state, substantially raising income. The 6 unit building has 3-2bed/1bath and 3-1bed/1bath units. The 2 unit building has many updates on the first floor and is currently a 3 bed/2bath but returning to its original state will give you a 2bed/1bath and 1bed/1bath. With 8 rentable units at market value, full occupancy could NET in excess of $100k. The large lot has plenty of parking and open space for tenant activities. Convenient location for tenants to St Lukes, Steel Stacks, public transportation, eateries and major travel routes. This property will give that portfolio the boost you have been looking for!
Full Property Details
Full Property Details for 502 Ontario St
General
- Price: $1,500,000
- HOA FEE: $2,000
- Taxes: $6,402
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 778912
- Updated: Today (6/12/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 12
Parking
- Total Spaces: 10
- Parking Features: Off Street, Parking Lot, On Street
Location
- Area: Bethlehem-South
- County: Northampton
- Subdivision: Not in Development
- Cross Streets: Broadway
- Driving Directions: 378 South, bear right on Broadway, property on the left
School Information
- Elem School District: Bethlehem
- Midd School District: Bethlehem
- High School District: Bethlehem
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Construction: Brick, Vinyl Siding
- Square Feet: 4,750
- Living Area: 4,750 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.418
- Lot Size (Sq. Ft.): 18,200
- Lot Size Source: Public Records
- Zoning: 04RM
Financial Considerations
- Maint. Fee: $2,000
- Operating Expenses: $17,570
- Tax Amount: $6,402.93
Disclosures and Reports
- Property ID: P6SW2C-18-1-0204
Listed by Weichert Realtors
Get Pre-Approved Today
Schools
Schools serving 502 Ontario St
School District:Bethlehem Area School District
| Name | Grades | Distance |
|---|---|---|
Fountain Hill El School 1330 Church St, Bethlehem, PA 18015 | PK-5 | 0.8 mi |
Broughal Middle School 114 West Morton Street, Bethlehem, PA 18015 | 6-8 | 0.4 mi |
Liberty High School 1115 Linden Street, Bethlehem, PA 18018 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 Ontario St
Date
Details
Price
Change
Source
6/12/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 502 Ontario St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$739
—
$68,400
—
2025
$739
-88%
$68,400
—
2024
$6,046
—
$68,400
—
2023
$6,046
1%
$68,400
—
2022
$5,999
1%
$68,400
—
2021
$5,958
1%
$68,400
—
2020
$5,902
—
$68,400
—
2019
$5,882
2%
$68,400
—
2018
$5,739
1%
$68,400
—
2017
$5,670
2%
$68,400
—
2016
$5,572
3%
$68,400
1%
2015
$5,401
7%
$67,900
—
2014
$5,069
—
$67,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 Ontario St
502 Ontario Street, Bethlehem, PA 18015 (MLS# 778912) is a Apartment property with 12 bedrooms and 8 full bathrooms. 502 Ontario Street is currently listed for $1,500,000 and was received on June 12, 2026. Want to learn more about 502 Ontario Street? Do you have questions about finding other Apartment real estate for sale in Bethlehem? You can browse all Bethlehem real estate or contact a Coldwell Banker agent to request more information.

