Duplex with Oversized
New
For Sale
$350,000
165 Elizabeth Street, East Stroudsburg, PA 18301
MULTI_FAMILY - Contemporary - East Stroudsburg, PA
Property Size2,556 SF
Lot Size0.12 Acres
Price / SF$136.93
Days on Market1
Property Features for 165 Elizabeth Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Bedrooms
4
Bathrooms
3
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Basement, Bathroom 3, Bathroom 4, Bedroom 1
Parking
6
Fireplace
1
Basement
Storage Space, Full, Exterior Entry, Walk-Up Access, Partially Finished
Appliances
Electric Range, Refrigerator, Water Heater, Washer, Dryer
Elementary school district
East Stroudsburg Area
Middle school district
East Stroudsburg Area
High school district
East Stroudsburg Area
Subdivision
East Stroudsburg Borough
Standard status
Active
APN
05-5.2.13.22
Size
2,556 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 78
Tax Annual Amount
5439
Legal Description
Lot 78
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Forced Air, Baseboard
Water source
Public
Building Details
Year built
1937
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile - Ceramic
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
Smart Way America Realty
5703715173x801
Listed By:
Jaemi Ferrante
(570) 371-5173
Added: Aug 13
Last Checked: Aug 13 at 5:06PM
MLS# PM-143883
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This duplex contains two separate living units within approximately 2,556 square feet of building area. The property sits on a 0.12-acre lot and includes an oversized garage, carport, and additional off-street parking. Interior features include hardwood and ceramic tile flooring, four bathrooms, four bedrooms, a basement, and a fireplace. Appliances include an electric range, refrigerator, water heater, washer, and dryer. The building has vinyl siding, a shingle roof, and was constructed in 1937.
Located at 165 Elizabeth Street in East Stroudsburg, the property is served by public water and public sewer. The surrounding area includes access to ESU, shopping, dining, major roadways, and a hospital.
Located at 165 Elizabeth Street in East Stroudsburg, the property is served by public water and public sewer. The surrounding area includes access to ESU, shopping, dining, major roadways, and a hospital.
Key Highlights
- Two‑unit duplex with approximately 2,556 square feet of building space
- 0.12‑acre lot with oversized garage, carport, and off‑street parking
- Four bedrooms, four bathrooms, basement, and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,858
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$497,160
$497.2K
Cap Rate 7%
$355,114
$355.1K
Cap Rate 9%
$276,200
$276.2K
Market Conditions
NOI Build-Up for 2,556 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.8K $14.40/SF
− Vacancy
−$1.3K −$0.51/SF
EGI
$35.5K $13.89/SF
− OpEx
−$10.7K −$4.17/SF
NOI
$24.9K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$497,160
Cap Rate 7%
$355,114
Cap Rate 9%
$276,200
Alternative Uses
Best Use
Multifamily LT 5
$355.1K
$310.7K – $414.3K
NOI $24,858 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$327.2K
$286.3K – $381.8K
NOI $22,906 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$765.0K
$669.4K – $892.6K
NOI $53,553 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate living units include a garage, carport, and off-street parking.
Where is this duplex located?
The property is located at 165 Elizabeth Street East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 2,556 square feet of building space; 0.12‑acre lot with oversized garage, carport, and off‑street parking; Four bedrooms, four bathrooms, basement, and fireplace
