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    120 Ridgeway St East Stroudsburg, PA 18301

    For Sale
    $494,000

    MULTI_FAMILY - Other - East Stroudsburg, PA

    Property size:
    2,841 SF
    Lot size:
    0.28 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 120 Ridgeway St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 1, Basement, Bathroom 2
    APN
    05-1/2/3/13
    Basement
    Partially Finished
    Size
    2,841 SF
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Luxe Homes Real Estate, LLC (570) 818-5040

    Listing agent Jason Heimrich

    Listing date Oct 15, 2025

    Copyright © 2025 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Stroudsburg Multifamily Investment Opportunity

    Located minutes from East Stroudsburg University, this multifamily property at 120 Ridgeway Street in East Stroudsburg, PA, presents an investment opportunity. The sale includes both the front building and the back lot (05-1/2/313 & 05-1/2/3/24), which is currently used as parking. The property features a finished basement and a walk-up attic, offering space for storage, laundry, or potentially expanded living space with proper approvals. A two-car garage provides additional revenue potential through rental or storage. The property benefits from consistent rental demand due to its proximity to East Stroudsburg University, downtown, Route 80, and local amenities. The property contains 2,841 square feet and sits on a 0.28-acre lot. Each unit has separate meters, and tenants are responsible for their own utility bills. The property is located in Monroe County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Martin A. Alfano, ... Dentist Gschrey Debbie Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.178343
    Latitude
    40.994755

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    FAQs

    What type of property is this?
    Duplex - Multifamily property near East Stroudsburg University with income potential.
    Where is this duplex located?
    The property is located at 120 Ridgeway St East Stroudsburg, PA.
    What is the asking price?
    The asking price for this property is $494,000.
    What are key features of this property?
    This property features: - Prime location within walking distance of East Stroudsburg University, ensuring consistent rental demand.; - Includes a back lot currently used for parking, a valuable asset that can generate additional income.; - Finished basement and walk-up attic offer potential for expanded living space or additional storage, increasing revenue opportunities.
    (570) 818-5040
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    120 Ridgeway St East Stroudsburg, PA 18301
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    East Stroudsburg, PA 18301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Ridgeway St East Stroudsburg, PA 18301
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