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$319,900
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Property Description
Unique investment opportunity in the heart of Catasauqua Borough featuring two income-producing parcels offered together. The primary parcel at 119 School Street is a well-maintained two-unit semi-detached property providing immediate cash flow with both units tenant occupied. The building offers separate living spaces with private entrances, functional layouts, vinyl siding, full basement, in-unit laundry hookups, public water and sewer, and off-street parking. The second parcel, located at 110 Railroad Street directly behind the residential building, is a large vacant lot currently utilized as a parking lot with eight rented parking spaces, generating additional passive income with minimal maintenance. Both parcels are zoned DC - Downtown Commercial, offering flexibility for future redevelopment, mixed-use potential, or continued income production. Conveniently located near local shops, schools, employment centers, major routes, and the Lehigh Valley International Airport. This walk-able borough location supports strong rental demand and long-term investment appeal. Ideal opportunity for investors seeking stable income today with upside potential in a growing Lehigh Valley market. Properties are tenant occupied; minimum 24-hour notice required for showings.
Full Property Details
Full Property Details for 119 School St
General
- Price: $319,900
- HOA FEE: $1,000
- Taxes: $3,504
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 769425
- Updated: 12/18/2025
- Added to Site: 30 day(s) ago
Rooms
Other Rooms
- Laundry: Washer Hookup
Exterior
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 2
- Parking Features: Off Street, Parking Lot
Location
- Area: Catasauqua
- County: Lehigh
- Subdivision: Not in Development
- Cross Streets: Railroad
- Driving Directions: From Rt 22 take Fullerton Ave exit, head north, turn right on Race St, left on Front St, right on School St to property. From Bethlehem via Schoenersville Rd, left on Airport Rd, Right on Race St., Right on Railroad St. left on School St.
School Information
- Elem School District: Catasauqua
- Midd School District: Catasauqua
- High School District: Catasauqua
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Year Built: 1900
Lot Features
- Zoning: DC - Downtown Commercial
Financial Considerations
- Maint. Fee: $1,000
- Operating Expenses: $8,500
- Tax Amount: $3,504.61
Disclosures and Reports
- Disclosures/Rstr.: Sellers Disclosure Not Available
- Property ID: 640818200289 001
Listed by Coldwell Banker Hearthside
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Schools
Schools serving 119 School St
School District:Catasauqua Area School District
| Name | Grades | Distance |
|---|---|---|
Catasauqua Middle School 850 Pine Street, Catasauqua, PA 18032 | 5-8 | 0.7 mi |
Francis H Sheckler El School 251 North 14th Street, Catasauqua, PA 18032 | K-4 | 0.7 mi |
Catasauqua Senior High School 2500 West Bullshead Road, Northampton, PA 18067 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 119 School St
Date
Details
Price
Change
Source
12/18/2025
Listed
$319,900
—
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 119 School St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,391
2%
$83,700
—
2024
$3,313
—
$83,700
—
2023
$3,319
28%
$83,700
—
2022
$2,595
18%
$83,700
—
2019
$2,206
-12%
$83,700
—
2020
$2,502
4%
$83,700
—
2019
$2,403
6%
$83,700
—
2018
$2,272
3%
$83,700
—
2017
$2,210
2%
$83,700
—
2016
$2,167
1%
$83,700
—
2015
$2,139
1%
$83,700
—
2014
$2,114
—
$83,700
—
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 119 School St
119 School Street, Catasauqua, PA 18032 (MLS# 769425) is a Apartment property with 0 bedrooms and 0 full bathrooms. 119 School Street is currently listed for $319,900 and was received on December 18, 2025. Want to learn more about 119 School Street? Do you have questions about finding other Apartment real estate for sale in Catasauqua? You can browse all Catasauqua real estate or contact a Coldwell Banker agent to request more information.

