Triplex Property with
New
For Sale
$625,000
1424 Twin Pine Road, Stroudsburg, PA 18360
Residential Income, Stroudsburg, PA
Property Size4,256 SF
Lot Size4.05 Acres
Price / SF$146.85
Days on Market1
Property Features for 1424 Twin Pine Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
Residential
Bedrooms
12
Full bathrooms
32
Rooms
Bathroom 17, Bathroom 26, Bathroom 32, Bathroom 1, Bathroom 7, Bathroom 20, Bathroom 6, Bathroom 4, Bathroom 9, Bedroom 9, Bathroom 12, Bathroom 5, Bedroom 6, Bathroom 22, Bedroom 4, Bedroom 7, Bathroom 24, Basement, Bathroom 19, Bathroom 2, Bathroom 31, Bedroom 1, Bedroom 8, Bathroom 16, Bathroom 23, Bathroom 3, Bathroom 14, Bedroom 11, Bathroom 18, Bathroom 21, Bathroom 11, Bedroom 3, Bathroom 10, Bathroom 30, Bedroom 2, Bathroom 28, Bathroom 27, Bedroom 10, Bedroom 12, Bathroom 29, Bedroom 5, Bathroom 15, Bathroom 25, Bathroom 8, Bathroom 13
Parking
9
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Jackson Township
Standard status
Active
APN
08.3.1.54-1
Size
4,256 SF
Lot size
4.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10044
Utilities
Heating system
Electric (Heating)
Water source
Well
Amenities
sunroom
Building Details
Year built
1960
Floors in Building
2
Number of units
3
Roof type
Asphalt, Shingle
Listing Agency:
Investment Real Estate of the Poconos
(570) 972-9588
Listed By:
Jeremiah Noll · License #RM425840
(570) 971-2509
Added: Sep 8
Last Checked: Sep 8 at 10:06PM
MLS# PM-144549
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 income-producing triplex property combines an 8-bedroom farmhouse with a more recently constructed duplex. Each duplex unit includes two bedrooms and 1.5 baths, creating a three-unit configuration across the improvements. The property contains 4,256 square feet on 4.05 acres and was built in 1960. Existing physical features include a sunroom, basement, electric heating, a well water source, and asphalt shingle roofing.
The property is located at 1424 Twin Pine Road in Stroudsburg, Pennsylvania, approximately 5 miles from the Bartonsville Lowes. Tenants are responsible for garbage collection, electricity, snow removal, and grass maintenance. Established occupancy and the combination of farmhouse and duplex improvements support continued residential income use.
The property is located at 1424 Twin Pine Road in Stroudsburg, Pennsylvania, approximately 5 miles from the Bartonsville Lowes. Tenants are responsible for garbage collection, electricity, snow removal, and grass maintenance. Established occupancy and the combination of farmhouse and duplex improvements support continued residential income use.
Key Highlights
- 4.05‑acre multifamily property in Stroudsburg, PA
- 4,256 square feet of total property size
- Farmhouse paired with a more recently built duplex
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,390
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$827,800
$827.8K
Cap Rate 7%
$591,286
$591.3K
Cap Rate 9%
$459,889
$459.9K
Market Conditions
NOI Build-Up for 4,256 SF
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.
Gross rent
$61.3K $14.40/SF
− Vacancy
−$2.2K −$0.51/SF
EGI
$59.1K $13.89/SF
− OpEx
−$17.7K −$4.17/SF
NOI
$41.4K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$827,800
Cap Rate 7%
$591,286
Cap Rate 9%
$459,889
Alternative Uses
Best Use
Multifamily LT 5
$591.3K
$517.4K – $689.8K
NOI $41,390 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$544.9K
$476.8K – $635.7K
NOI $38,141 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,172 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Established tenants occupy a farmhouse and a newer duplex with two-bedroom units on a spacious rural parcel.
Where is this triplex located?
The property is located at 1424 Twin Pine Road Stroudsburg, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4.05‑acre multifamily property in Stroudsburg, PA; 4,256 square feet of total property size; Farmhouse paired with a more recently built duplex
