Mixed-Use Property with Four
New
For Sale
$399,900
113 Ward Avenue, Mount Pocono, PA 18344
Residential Income, Mount Pocono, PA
Property Size2,208 SF
Lot Size0.50 Acres
Price / SF$181.11
Days on Market3
Property Features for 113 Ward Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Commercial
Bedrooms
2
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Appliances
Water Heater
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Mount Pocono Borough
Standard status
Active
APN
10.6.1.1-16
Size
2,208 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Out Of 1 3
Tax Annual Amount
10675
Legal Description
Out Of 1 3
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Number of units
4
Listing Agency:
Amantea Real Estate
(570) 215-7200
Listed By:
Jennifer-Lynn Amantea · License #RM423948
(570) 656-7752
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 12:06PM
MLS# PM-145649
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.
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Investment Insights
Based on property information with market context.
This 2,208-square-foot mixed-use property contains four rental spaces: a beauty salon, an electrical company, a long-term residential rental, and an Airbnb. The building dates to 1978 and sits on a 0.5-acre lot. Heating is electric, cooling is provided by wall or window units, and the property has a public water source with a septic system.
The property is in Mount Pocono, Pennsylvania, off Route 611, with I-80 and I-380 described as minutes away. The listing also identifies Pocono-area attractions as nearby, without specifying individual destinations.
The property is in Mount Pocono, Pennsylvania, off Route 611, with I-80 and I-380 described as minutes away. The listing also identifies Pocono-area attractions as nearby, without specifying individual destinations.
Key Highlights
- Four rentals: beauty salon, electrical company, long‑term residence, and Airbnb
- 2,208 square feet on a 0.5‑acre lot
- Built in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,231
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,620
$524.6K
Cap Rate 7%
$374,729
$374.7K
Cap Rate 9%
$291,456
$291.5K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$47.7K $21.60/SF
− Vacancy
−$5.7K −$2.59/SF
EGI
$42.0K $19.01/SF
− OpEx
−$15.7K −$7.13/SF
NOI
$26.2K $11.88/SF
Area
Monroe County, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,620
Cap Rate 7%
$374,729
Cap Rate 9%
$291,456
Alternative Uses
Best Use
Mixed Use
$374.7K
$327.9K – $437.2K
NOI $26,231 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$282.7K
$247.3K – $329.8K
NOI $19,787 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$660.9K
$578.3K – $771.0K
NOI $46,262 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 18344, PA
3,497
Population
1,621
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
448
Density / Sq Mi
$85,215
Median Household Income
$43,715
Median Earnings
$890
Median Rent
$171,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four occupied rental spaces span commercial service uses and both long- and short-term residential stays.
Where is this mixed-use property located?
The property is located at 113 Ward Avenue Mount Pocono, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four rentals: beauty salon, electrical company, long‑term residence, and Airbnb; 2,208 square feet on a 0.5‑acre lot; Built in 1978
