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    Two-Unit Duplex with Off-Street Parking Title is generated by Realmo AI

    305 S Courtland Street, East Stroudsburg, PA 18301

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    For Sale
    $489,000

    MULTI_FAMILY - East Stroudsburg, PA

    Property size:
    3,806 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $128/SF
    Added:
    Jun 2, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 9 at 4:06 am

    Property Features for 305 S Courtland Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Rooms
    Bedroom 7, Bathroom 2, Basement, Bedroom 1, Bedroom 9, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 8
    Standard status
    Active
    APN
    05-3.1.7.7
    Size
    3,806 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    303 305 S Courtland St
    Tax Annual Amount
    7692

    Utilities

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

    Building Details

    Year built
    1902
    Floors in Building
    2
    Number of units
    2
    Building materials
    Asphalt, Vinyl Siding

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    Listing Contact
    Latanya Best

    Listing agent Latanya Best

    Listing office exp Realty, LLC - Philadelphia 630 Freedom Business Center Drive Suite 300, Pittsburgh, PA

    Listing date Jun 2, 2026

    MLS# PM-141967 Listing URL

    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.

    HighLights

    • Oversized duplex with 1 five‑bedroom unit and 1 three‑bedroom unit, both currently occupied by in‑place tenants
    • Recent improvements include a newer roof, replacement windows, and vinyl siding to help reduce future maintenance
    • Large lot with ample off‑street parking and a detached garage
    • Tenants pay their own heat, hot water, and electric utilities
    • Public water and public sewer services
    • Built in 1902; heating includes natural gas and electric (heating)

    Overview

    This oversized duplex includes two occupied rental units: one 5-bedroom unit and one 3-bedroom unit. The property has seen recent improvements, including a newer roof, replacement windows, and vinyl siding. Outside, the home sits on a large lot with ample off-street parking and a detached garage.

    Located at 305 S Courtland Street in East Stroudsburg, PA (Monroe County), the site offers convenient residential access with parking on the property and no reliance on street parking for everyday use. The detached garage adds additional storage or parking flexibility.

    For investors or owner-occupants seeking an income-producing asset, the duplex is set up with tenant responsibility for heat, hot water, and electric utilities, which can help simplify operating expenses. Both units are currently occupied, providing immediate rental income while maintaining a long-term residential rental profile. The combination of in-place tenancy and exterior/life-safety improvements, including the newer roof and replaced windows, supports practical ownership from day one.

    Local 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 $54.8k $14.40
    − Vacancy −$1.9k −$0.51
    EGI $52.9k $13.89
    − OpEx −$15.9k −$4.17
    NOI $37.0k $9.73
    3,806 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $528.8K
    $462.7K – $616.9K (±1% cap)
    NOI $37,014 @ 7.0% cap · market cap 7.57%
    Second Best
    Apartment 5plus
    $487.3K
    $426.4K – $568.5K (±1% cap)
    NOI $34,108 @ 7.0% cap · market cap 6.98%
    Theoretical Best
    Office A
    $1.14M
    $996.8K – $1.33M (±1% cap)
    NOI $79,743 @ 7.0% cap · market cap 16.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    East Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.183286
    Latitude
    40.994792

    FAQs

    What type of property is this?
    Duplex - Oversized two-unit duplex with separate heat, hot water, and electric responsibility assigned to tenants.
    Where is this duplex located?
    The property is located at 305 S Courtland Street East Stroudsburg, PA.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: Oversized duplex with 1 five‑bedroom unit and 1 three‑bedroom unit, both currently occupied by in‑place tenants; Recent improvements include a newer roof, replacement windows, and vinyl siding to help reduce future maintenance; Large lot with ample off‑street parking and a detached garage
    More about this property
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