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$299,900 Just Listed
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Property Description
Fully occupied two-unit investment property generating $31,080 in gross income and $23,934 in net income. The property includes two large 1-bedroom units, offering simple operations and steady rental demand. Both units are occupied by long term Section 8 tenants, providing predictable rental income and stable cash flow. Landlord expenses are limited to water/sewer/trash, helping keep the expense structure low and easy to manage. Located in a strong Easton rental area, the property benefits from easy access to downtown Easton, Lafayette College, St. Luke's Easton Campus, local shopping, dining, entertainment, and major roads throughout the Lehigh Valley. Butler Street is a well-connected Easton corridor, making the location convenient for tenants. With large units, reliable long-term tenants, low landlord expenses, and a convenient Easton location, this is a solid opportunity for an investor looking for predictable cash flow and long-term stability.
Full Property Details
Full Property Details for 1242 Butler St
General
- Price: $299,900
- HOA FEE: $466
- Taxes: $2,726
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 780712
- Updated: 8/26/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 3
Location
- Area: Northampton
- County: Northampton
- Subdivision: Not in Development
- Driving Directions: From Route 22, take the 13th Street exit toward Easton and continue south toward Butler Street. Turn left onto Butler Street and continue east—1242 Butler Street will be on your right.
School Information
- Elem School District: Easton
- Midd School District: Easton
- High School District: Easton
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Forced Air, Gas, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Stories/Levels: 2
- Square Feet: 1,304
- Living Area: 1,304 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.057
- Lot Size (Sq. Ft.): 2,470
- Lot Size Source: Public Records
- Zoning: 10BNS
Financial Considerations
- Maint. Fee: $466
- Operating Expenses: $7,146
- Tax Amount: $2,726.15
Disclosures and Reports
- Property ID: L9SE4A-1-2-0310
Listed by EXP Realty LLC
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Schools
Schools serving 1242 Butler St
School District:Easton Area School District
| Name | Grades | Distance |
|---|---|---|
Paxinosa El School 1221 Northampton Street, Easton, PA 18042 | K-5 | 0.4 mi |
Easton Area Middle School 1010 Echo Trail, Easton, PA 18040 | 6-8 | 1.4 mi |
Easton Area High School 2601 William Penn Highway, Easton, PA 18045 | 9-12 | 1.5 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 1242 Butler St
Date
Details
Price
Change
Source
8/26/2026
Listed
$299,900
38.2%
MLS
9/03/2025
Sold
$217,000
—
Public Record
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 1242 Butler St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$339
—
$31,400
—
2025
$339
-90%
$31,400
—
2024
$3,257
—
$31,400
—
2023
$3,257
1%
$31,400
—
2022
$3,216
—
$31,400
—
2021
$3,208
—
$31,400
—
2020
$3,206
1%
$31,400
—
2019
$3,168
1%
$31,400
—
2018
$3,123
2%
$31,400
—
2017
$3,062
2%
$31,400
—
2016
$3,006
1%
$31,400
—
2015
$2,964
4%
$31,400
—
2014
$2,862
—
$31,400
—
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 1242 Butler St
1242 Butler Street, Easton, PA 18042 (MLS# 780712) is a Apartment property with 2 bedrooms and 2 full bathrooms. 1242 Butler Street is currently listed for $299,900 and was received on August 26, 2026. Want to learn more about 1242 Butler Street? Do you have questions about finding other Apartment real estate for sale in Easton? You can browse all Easton real estate or contact a Coldwell Banker agent to request more information.

