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    Five-Unit Residential Income Property Title is generated by Realmo AI

    437 N Courtland Street, East Stroudsburg, PA 18301

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    Claim this Listing
    For Sale
    $770,000

    MULTI_FAMILY - East Stroudsburg, PA

    Property size:
    5,214 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $147/SF
    Added:
    May 1, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 437 N Courtland Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Rooms
    Basement, Bathroom 4, Bedroom 7, Bedroom 9, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 8, Bathroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 2
    Standard status
    Active
    APN
    05-6.2.2.22
    Size
    5,214 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    437 N Courtland St
    Tax Annual Amount
    11456

    Building Details

    Year built
    1902
    Floors in Building
    2
    Number of units
    5

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    Christopher A Bilianis

    Listing agent Christopher A Bilianis

    Listing office Coldwell Banker Pennco Real Estate 480 Seven Bridge Rd., East Stroudsburg, PA

    Listing date May 1, 2026

    MLS# PM-141180 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

    • 5‑unit multi‑family property built in 1902
    • Unit mix includes 1 three‑bedroom unit, 2 two‑bedroom units, and 2 one‑bedroom units
    • Property is fully occupied and income producing, per listing remarks

    Overview

    This property is a five-unit residential income building configured with 1 three-bedroom unit, two two-bedroom units, and two one-bedroom units. The offering is described as fully occupied, supporting an income-producing residential use.

    The address is 437 N Courtland Street in East Stroudsburg, Pennsylvania. The public remarks note convenient access to major highways, public transportation, and proximity to local schools, grocery stores, and city amenities.

    For investors or buyers seeking a small multifamily asset with a diversified unit mix, the current layout provides multiple apartment configurations across one-, two-, and three-bedroom demand segments. With the building noted as fully occupied, prospective owners can evaluate the property as a turn-key residential income opportunity aligned to its existing unit mix and occupancy status.

    Local Financial Insights For Apartment 5plus

    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 $88.2k $16.92
    − Vacancy −$3.3k −$0.63
    EGI $85.0k $16.29
    − OpEx −$38.2k −$7.33
    NOI $46.7k $8.96
    5,214 SF · lease $16.92/SF/yr · vacancy 3.70% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $667.5K
    $584.1K – $778.8K (±1% cap)
    NOI $46,726 @ 7.0% cap · market cap 6.07%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.56M
    $1.37M – $1.82M (±1% cap)
    NOI $109,244 @ 7.0% cap · market cap 14.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lakshmi's Cupboard (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    East Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.184633
    Latitude
    41.011078

    FAQs

    What type of property is this?
    Apartment building - Five fully occupied units offering a mix of one-, two-, and three-bedroom layouts for steady residential income.
    Where is this apartment building located?
    The property is located at 437 N Courtland Street East Stroudsburg, PA.
    What is the asking price?
    The asking price for this property is $770,000.
    What are key features of this property?
    This property features: 5‑unit multi‑family property built in 1902; Unit mix includes 1 three‑bedroom unit, 2 two‑bedroom units, and 2 one‑bedroom units; Property is fully occupied and income producing, per listing remarks
    More about this property
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