Updated, Occupied & Already Generating Cash Flow, this Versatile Property presents an Exceptional Turnkey Investment Opportunity OR the Perfect Solution for Multi-Generational Living! Located in Catasauqua Borough, this Charming Detached Brick Home offers Timeless Curb Appeal with a large covered front porch, a fenced backyard and peaceful views of the Tree-Lined Neighborhood. . ideal for enjoying your morning coffee or unwinding at sunset! Inside, luxury vinyl plank flooring extends throughout the home creating a cohesive & modern feel. The vacant 1st floor (unit 1) features an inviting Eat-In Kitchen with Updated Cabinetry, Butcher Block countertops and Peninsula Seating that flows seamlessly into the living area. A private side entrance leads to a convenient mudroom/laundry room. Two bedrooms and one full bath complete Unit 1. Basement access from the kitchen provides ample storage. The tenant occupied Unit 2 spans the 2nd and 3rd floor offering exceptional flexibility with 3 bedrooms, one full bath, a spacious living room filled with natural light, built-in shelving, a eat-in kitchen with its own laundry area—ideal for extended family or potential rental use. The third floor expands the 2nd unit living space even further with a generously sized bonus room perfect for a home office, playroom, fitness area or additional living quarters. Whether you're looking to expand your investment portfolio or accommodate extended family under one roof, this well-maintained income-producing property offers endless possibilities! New Natural Gas Boiler installed 2019 serviced 2026. New Hot Water Heater 2020. Ask to view the Full List of Upgrades & Budget Billing Utility Sheet. Open House Monday 10/5 4:30-6:30pm.
Single-familyProperty Type
1894Year Built
4,620 sq ftLot Size
$104Price/Sq.Ft.
Listed by Georgiana Torrella• Iron Valley Real Estate of Lehigh Valley
Updated, Occupied & Already Generating Cash Flow, this Versatile 2 Unit Property presents an Exceptional Turnkey Investment Opportunity OR the Perfect Solution for Multi-Generational Living! Located in Catasauqua Borough, this Charming Detached Brick Home offers Timeless Curb Appeal with a large covered front porch, a fenced backyard and peaceful views of the Tree-Lined Neighborhood. . ideal for enjoying your morning coffee or unwinding at sunset! Inside, luxury vinyl plank flooring extends throughout the home creating a cohesive & modern feel. The vacant 1st floor (unit 1) features an inviting Eat-In Kitchen with Updated Cabinetry, Butcher Block countertops and Peninsula Seating that flows seamlessly into the living area. A private side entrance leads to a convenient mudroom/laundry room. Two bedrooms and one full bath complete Unit 1. Basement access from the kitchen provides ample storage. The tenant occupied Unit 2 spans the 2nd and 3rd floor offering exceptional flexibility with 3 bedrooms, one full bath, a spacious living room filled with natural light, built-in shelving, a eat-in kitchen with its own laundry area—ideal for extended family or potential rental use. The third floor expands the 2nd unit living space even further with a generously sized bonus room perfect for a home office, playroom, fitness area or additional living quarters. Whether you're looking to expand your investment portfolio or accommodate extended family under one roof, this well-maintained income-producing property offers endless possibilities! New Natural Gas Boiler installed 2019 serviced 2026. New Hot Water Heater 2020. Ask to view the Full List of Upgrades & Budget Billing Utility Sheet. Open House Monday 10/5 4:30-6:30pm.
GLVRMLS #785649
Oct 8, 2026
Pending
—
Oct 3, 2026
Listed
$299,900
$104/sq ft
BRIGHT MLS #PALH2017086
Oct 8, 2026
Pending
—
Oct 3, 2026
Listed
$299,900
$104/sq ft
+48
BRIGHT MLS #PALH2017088
Oct 8, 2026
Pending
—
Oct 3, 2026
Listed
$299,900
$104/sq ft
GLVRMLS #779212
Jul 20, 2026
Listing Removed
—
Public Records
Feb 8, 2021
Sold
$164,000
$57/sq ft
GLVRMLS #452202
Oct 25, 2013
Sold
$112,500
$39/sq ft
Jun 6, 2013
Listed
$137,500
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,653 (+3.4%)
$18,300 + $116,700
$135,000
2025
$5,469 (+2.3%)
$18,300 + $116,700
$135,000
2024
$5,344 (+51.6%)
$18,300 + $116,700
$135,000
2023
$3,525 (−15.8%)
$18,300 + $116,700
$135,000
2022
$4,185
$18,300 + $116,700
$135,000
2021
$4,185 (+3.7%)
$18,300 + $116,700
$135,000
2020
$4,036 (+4.1%)
$18,300 + $116,700
$135,000
2019
$3,875 (+5.8%)
$18,300 + $116,700
$135,000
2018
$3,664 (+2.8%)
$18,300 + $116,700
$135,000
2017
$3,565 (+3.3%)
$18,300 + $116,700
$135,000
2015
$3,450
$18,300 + $116,700
$135,000
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2.5
Lot width
33 ft.
Lot depth
140 ft.
Lot size
4,620 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,176
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,176
Year built
1894
Style
Single Family Residential
County
Lehigh County
APN
640900582840 1
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
R-2
Medium Density Residential District
To provide for medium density residential neighborhoods; to protect these areas from incompatible uses; to encourage 1 home on 1 lot which may be attached to another home in order to promote home ownership and neighborhood stability; to make sure that infill development is consistent with neighboring development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Cemetery
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Catasauqua, PA • 18032
Average low and high temperatures (°F)
34
19
38
23
57
35
65
44
72
53
83
63
87
68
82
60
79
58
68
45
55
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 507 Walnut St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $285,000 and $360,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $360K.