3-Unit Multifamily
1140 Greenway Avenue, Stroudsburg, PA 18360
For Sale
New
$299,900
Residential Income, Stroudsburg, PA
Property Size2,220 SF
Lot Size0.22 Acres
Price / SF$135.09
Days on Market6
Property Features for 1140 Greenway Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Basement
Appliances
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Architectural style
Listing Agency:
Real of Pennsylvania
Listed By:
Jonathan Campbell
(855) 450-0442
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 9 at 7:06AM
MLS# PM-146157
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 three-unit multifamily property includes a main house with three bedrooms, two bathrooms, and basement access, plus a studio apartment and a separate detached bungalow with two bedrooms. The bungalow has been updated and includes a covered porch and private fenced yard. The property totals 2,220 square feet on a 0.22-acre lot, with three off-street parking spaces. The main house roof is 7 years old, the central furnace is under 5 years old, and new hot water heaters installed 6 months ago serve two units. The main house needs cosmetic work. The property is to be delivered vacant at closing.
The property is minutes from downtown Stroudsburg shops and dining, ESU, and I-80.
The property is minutes from downtown Stroudsburg shops and dining, ESU, and I-80.
Key Highlights
- Three units: a 3BR/2BA main house, studio apartment, and separate 2BR bungalow
- 2,220 square feet on a 0.22‑acre lot
- Three off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,895
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,900
$397.9K
Cap Rate 7%
$284,214
$284.2K
Cap Rate 9%
$221,056
$221.1K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$37.6K $16.92/SF
− Vacancy
−$1.4K −$0.63/SF
EGI
$36.2K $16.29/SF
− OpEx
−$16.3K −$7.33/SF
NOI
$19.9K $8.96/SF
Area
Monroe County, PA
Vacancy
3.70%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,900
Cap Rate 7%
$284,214
Cap Rate 9%
$221,056
Alternative Uses
Best Use
Apartment 5plus
$284.2K
$248.7K – $331.6K
NOI $19,895 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.5K
$581.4K – $775.2K
NOI $46,513 @ 7.0% cap · market cap 15.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
Explore this area
Business Placement
Demographics for 18360, PA
29,079
Population
12,743
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
86.5 sq mi
ZIP Area
336
Density / Sq Mi
$69,413
Median Household Income
$41,592
Median Earnings
$1,314
Median Rent
$286,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Monroe County, PA
Properties on Market for Multifamily properties in Monroe County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A detached bungalow, a studio, and a main residence make up the three-unit configuration.
Where is this multifamily property located?
The property is located at 1140 Greenway Avenue Stroudsburg, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three units: a 3BR/2BA main house, studio apartment, and separate 2BR bungalow; 2,220 square feet on a 0.22‑acre lot; Three off‑street parking spaces
