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Duplex with Mobile Home Apartment
For Sale
$349,356

120-122 Leafy Greene Street, Stroudsburg, PA 18360

MULTI_FAMILY - Bungalow - Stroudsburg, PA

Property Size2,112 SF
Lot Size0.30 Acres
Price / SF$165.41
Days on Market186

Property Features for 120-122 Leafy Greene Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Zoning description Residential
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 5
Parking 8
Patio and Porch features Porch
Interior features Eat-in Kitchen, Stone Counters, Walk-In Closet(s), Ceiling Fan(s), Natural Woodwork, Storage
Exterior features Storage
Fireplace 1
Basement Daylight, Finished, Full
Appliances Electric Oven, Refrigerator, Washer, Dryer
Lot features Level, Back Yard
Subdivision Stroud Township
Standard status Active
APN 17.12.7.57
Size 2,112 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lots 37 & 38
Tax Annual Amount 5597
Legal Description Lots 37 & 38

Utilities

Sewer type Public Sewer
Heating system Zoned, Oil, Hot Water(Heating), Baseboard
Cooling system Zoned, Heat Pump, Central Air
Water source Public

Amenities

central A/C
front porch
laundry
screened porch
shed

Building Details

Year built 1949
Floors in Building 1
Number of units 2
Flooring type Carpet, Laminate, Tile - Ceramic
Building materials Brick, Vinyl Siding
Roof type Shingle, Metal
Architectural style Bungalow
Additional Structures Storage, Mobile Home
Listing Agency: Keller Williams Real Estate - Stroudsburg · Keller Williams Realty
Listed By: John 'J.R.' Rutkowsky Jr. · License #RS224612L
Added: Jan 31 Changed: Aug 1 Last Checked: Aug 5 at 4:06PM
MLS# PM-138599

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 R2-zoned duplex includes a bungalow-style main home and a separate mobile home apartment. The main residence offers a well-appointed first floor with kitchen, dining area, living room, 1 bedroom, 1 full bath, and laundry (previously used as a bedroom). A finished lower level includes a spacious family room, two additional bedrooms, a full bath, a storage room, and a utility room. Interior amenities include central A/C, zoned heating, and additional storage.

The separate apartment was recently occupied and features 2 bedrooms and 1 bath, with a living/dining area and kitchen. It also includes a 27x8 screened porch and an additional small shed for storage. Both the main home and the apartment are independently serviced by public sewer, while sharing one public water meter.

Exterior features include a front porch, a large shed, and a 2-car carport plus 6 extra parking spaces. The property also sits on a spacious rear yard. The building was constructed in 1949, with brick and vinyl siding and a shingle/metal roof.

Key Highlights

  • 0.3‑acre lot with spacious rear yard
  • 2112 SF duplex includes main bungalow plus separate 660 SF mobile home apartment
  • Separate apartment features 2 bedrooms, 1 bath and a 27x8 screened porch

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 $30.4k $14.40
− Vacancy −$1.1k −$0.51
EGI $29.3k $13.89
− OpEx −$8.8k −$4.17
NOI $20.5k $9.73
2,112 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$293.4K
$256.8K – $342.3K (±1% cap)
NOI $20,540 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$270.4K
$236.6K – $315.5K (±1% cap)
NOI $18,927 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$632.2K
$553.1K – $737.5K (±1% cap)
NOI $44,251 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a R2-zoned lot featuring a bungalow main home and a separate 2-bedroom mobile home apartment with central A/C.
Where is this duplex located?
The property is located at 120-122 Leafy Greene Street Stroudsburg, PA.
What is the asking price?
The asking price for this property is $349,356.
What are key features of this property?
This property features: 0.3‑acre lot with spacious rear yard; 2112 SF duplex includes main bungalow plus separate 660 SF mobile home apartment; Separate apartment features 2 bedrooms, 1 bath and a 27x8 screened porch
More about this property
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