551 Hillside Ave
Exceptional investment opportunity just steps from Lehigh University and located within the City of Bethlehem's desirable Student Overlay District. The layout features 3 bedrooms on the second floor. The 3rd floor could be converted into a 4th bedroom with some modifications. Currently one full bath with space to add a 2nd bath. (buyer to verify permitted use and student housing conversion requirements with the City of Bethlehem). This property features 2 off street parking spaces in the rear. Economical natural gas hot water heat runs throughout most of the home. Improvements include a new rear flat rubber roof and a new sewer line, both in 2022. The backyard offers a nice open space to enjoy the outdoors. Situated on the highly sought-after 500 block of Hillside Avenue, this is a rare opportunity to acquire an income-producing property in one of Lehigh University's most desirable student housing locations. With consistent rental demand and excellent long-term investment potential, this property is well positioned to generate strong returns for years to come. MULTIPLE OFFERS RECEIVED. HIGHEST & BEST OFFERS DUE BY 6PM ON THURSDAY, OCTOBER 22, 2026.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
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Tax & Financial Information
Schools
Fountain Hill Elementary School
Northeast Middle School
Liberty High School
Freemansburg Elementary School
William Penn Elementary School
Broughal Middle School
Calypso Elementary School
Lehigh Valley Charter High School for the Arts
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 10/19/2026 | Listed for sale | $319,900 |
Listed by Walt Keiper · RE/MAX Central - Center Valley · 6107914400
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater Lehigh Valley REALTORS. All rights reserved.
Last Updated: October 24, 2026 at 3:13 AM | Source: Greater Lehigh Valley REALTORS | MLS#: 786520
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