About 507 Walnut St
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 Sunday 10/4 1-3pm.
Open House
Features of 507 Walnut St
| MLS® # | PALH2017088 |
|---|---|
| Price | $299,900 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,881 |
| Acres | 0.11 |
| Year Built | 1894 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 507 Walnut St |
|---|---|
| Area | Catasauqua Boro |
| Subdivision | CATASAUQUA BOROUGH |
| City | CATASAUQUA |
| County | LEHIGH-PA |
| State | PA |
| Municipality | CATASAUQUA BORO |
| Zip Code | 18032 |
Amenities
| Amenities | Additional Stairway, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Combination Kitchen/Dining, Double/Dual Staircase, Family Room Off Kitchen, Kitchen - Eat-In |
|---|---|
| Is Waterfront | No |
Interior
| Appliances | Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer |
|---|---|
| Heating | Radiator, Baseboard - Hot Water |
| Cooling | None |
| Has Basement | Yes |
| Basement | Unfinished, Rear Entrance, Outside Entrance, Interior Access, Full |
| Fireplace | No |
| Stories | 3 |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Fiberglass |
| Construction | Brick |
| Foundation | Permanent, Concrete Perimeter |
School Information
| District | CATASAUQUA AREA |
|---|
Additional Information
| Date Listed | October 3rd, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Iron Valley Real Estate of Lehigh Valley |
|---|---|
| Contact Info | 6107667200 |
