Quadplex with Two
255 Brodhead Avenue East Stroudsburg, PA 18301
For Sale
$455,000
Pending
MULTI_FAMILY - Colonial - East Stroudsburg, PA
Property Size2,659 SF
Lot Size0.14 Acres
Days on Market96
Property Features for 255 Brodhead Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Basement, Bedroom 5, Bedroom 1
- Patio and Porch features
- Porch
- Basement
- Full
- Standard status
- Pending
- APN
- 05-1.1.8.1
- Size
- 2,659 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7890
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle, Asphalt
- Architectural style
- Colonial
Listing Agency:
RE/MAX Crossroads
(570) 424-8850
Listed By:
Jamie L Scarpa · License #RS347890
(570) 424-8850
Added: Apr 20
Changed: Jun 8
Last Checked: Jul 24 at 8:06AM
MLS# PM-140514
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 quadplex is configured as four total units across two separate buildings. The overall property is described as a classic Victorian-style colonial. Three of the units are currently occupied by long-term tenants, while the fourth unit has been fully gutted, offering an open interior for new finishes and configuration choices.
Located in East Stroudsburg Borough at 255 Brodhead Avenue, the property benefits from in-town convenience and walkable access to East Stroudsburg University, Lehigh Valley Hospital, and the Crystal Street corridor. It is also described as being near shopping and everyday amenities, including Giant and Walmart Plaza. Public water and public sewer service are provided for the property.
For buyers, this is a practical residential income opportunity with a mix of occupied and renovation-ready space. The occupied units can support immediate occupancy, while the fully gutted unit provides flexibility for a tenant-ready rework based on the next operator’s plan. The two-building layout may also be of interest to investors seeking to manage multiple structures under one ownership while serving a tenant base connected to the university and regional healthcare employment.
Located in East Stroudsburg Borough at 255 Brodhead Avenue, the property benefits from in-town convenience and walkable access to East Stroudsburg University, Lehigh Valley Hospital, and the Crystal Street corridor. It is also described as being near shopping and everyday amenities, including Giant and Walmart Plaza. Public water and public sewer service are provided for the property.
For buyers, this is a practical residential income opportunity with a mix of occupied and renovation-ready space. The occupied units can support immediate occupancy, while the fully gutted unit provides flexibility for a tenant-ready rework based on the next operator’s plan. The two-building layout may also be of interest to investors seeking to manage multiple structures under one ownership while serving a tenant base connected to the university and regional healthcare employment.
Key Highlights
- Two separate buildings with 4 total units, featuring 6 bedrooms and 4 bathrooms
- 3 units currently occupied by long‑term tenants; 4th unit is fully gutted for customization
- Built in 1902 with Colonial architectural style
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.3k | $14.40 |
| − Vacancy | −$1.3k | −$0.51 |
| EGI | $36.9k | $13.89 |
| − OpEx | −$11.1k | −$4.17 |
| NOI | $25.9k | $9.73 |
2,659 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$369.4K
$323.2K – $431.0K
NOI $25,859 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$340.4K
$297.9K – $397.2K
NOI $23,829 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$795.9K
$696.4K – $928.5K
NOI $55,711 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit quadplex with two buildings, three occupied units, and one fully gutted unit plus public water and sewer.
Where is this quadplex located?
The property is located at 255 Brodhead Avenue East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Two separate buildings with 4 total units, featuring 6 bedrooms and 4 bathrooms; 3 units currently occupied by long‑term tenants; 4th unit is fully gutted for customization; Built in 1902 with Colonial architectural style
