Two-Unit Duplex with
For Sale
$350,000
165 Elizabeth St, East Stroudsburg, PA 18301
Two separate living units with a carport, off-street parking, and public water and sewer.
Property Size1,863 SF
Lot Size0.12 Acres
Price / SF$187.87
Days on Market20
Property Features for 165 Elizabeth St
General Information
Standard status
Active
Size
1,863 SF
Lot size
0.12 Acres
Property subtype
Multi-Family
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Building Details
Year Built
1937
Listing Agency:
Smart Way America Realty
(570) 371-5173
Listed By:
Mercedes Ortega-Bonser
Source:
Poconohomessearch
Added: Aug 12
Changed: Aug 30
Last Checked: Aug 30 at 6:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smart Way America Realty
Investment Insights
Based on property information with market context.
Built in 1937, this duplex contains two separate residential units within a manageable property footprint. The approximately 0.12-acre parcel includes an oversized garage, carport, and additional off-street parking, providing useful storage and vehicle space for the property. Public water and sewer serve the site.
The property is located at 165 Elizabeth Street in the Borough of East Stroudsburg, near ESU, shopping, dining, major roadways, and a hospital. Its two-unit configuration supports both rental-property ownership and an owner-occupant arrangement with a separate living unit.
The property is located at 165 Elizabeth Street in the Borough of East Stroudsburg, near ESU, shopping, dining, major roadways, and a hospital. Its two-unit configuration supports both rental-property ownership and an owner-occupant arrangement with a separate living unit.
Key Highlights
- Two‑unit duplex at 165 Elizabeth St, East Stroudsburg, PA 18301
- Approximately 0.12‑acre lot
- Oversized garage with carport and off‑street parking
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
$18,118
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
5.18%
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%
$362,360
$362.4K
Cap Rate 7%
$258,829
$258.8K
Cap Rate 9%
$201,311
$201.3K
Market Conditions
NOI Build-Up for 1,863 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
$26.8K $14.40/SF
− Vacancy
−$944 −$0.51/SF
EGI
$25.9K $13.89/SF
− OpEx
−$7.8K −$4.17/SF
NOI
$18.1K $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%
$362,360
Cap Rate 7%
$258,829
Cap Rate 9%
$201,311
Alternative Uses
Best Use
Multifamily LT 5
$258.8K
$226.5K – $302.0K
NOI $18,118 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$238.5K
$208.7K – $278.3K
NOI $16,696 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$557.6K
$487.9K – $650.6K
NOI $39,034 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Explore this area
Business Placement
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate living units with a carport, off-street parking, and public water and sewer.
Where is this duplex located?
The property is located at 165 Elizabeth St East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex at 165 Elizabeth St, East Stroudsburg, PA 18301; Approximately 0.12‑acre lot; Oversized garage with carport and off‑street parking
