Commercially Zoned Brick
2965 Route 611, Tannersville, PA 18372
For Sale
New
$449,000
Commercial Sale, Tannersville, PA
Property Size2,016 SF
Lot Size0.16 Acres
Price / SF$222.72
Days on Market1
Property Features for 2965 Route 611
General Information
Property type
Property subtype
Zoning description
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Roof type
Buildings
Listing Agency:
Amo Realty
Listed By:
Nicholas A Keblish
(617) 247-1933
Added: Nov 12
Last Checked: Nov 12 at 6:06PM
MLS# PM-146330
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 1940 brick duplex contains 2,016 square feet on a 0.16-acre parcel. The ground-floor residence has two bedrooms, a full bath, kitchen and dining area, and living room. Upstairs, a separate residence has a two-to-three-bedroom configuration, full bath, eat-in kitchen, and large living room. Updates include a new roof and flooring. A two-car garage and paved driveway are also on site.
The property is at 2965 Route 611 in Tannersville and carries C-1 Commercial zoning. Public water and public sewer serve the building. A Wawa is one building away, with shopping, restaurants, and other businesses within walking distance.
The property is at 2965 Route 611 in Tannersville and carries C-1 Commercial zoning. Public water and public sewer serve the building. A Wawa is one building away, with shopping, restaurants, and other businesses within walking distance.
Key Highlights
- 2,016‑square‑foot brick duplex on a 0.16‑acre parcel
- Two separate residences; the first‑floor unit has two bedrooms, while the upper unit has two to three
- C‑1 Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,606
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,120
$392.1K
Cap Rate 7%
$280,086
$280.1K
Cap Rate 9%
$217,844
$217.8K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$29.0K $14.40/SF
− Vacancy
−$1.0K −$0.51/SF
EGI
$28.0K $13.89/SF
− OpEx
−$8.4K −$4.17/SF
NOI
$19.6K $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 Rate 5%
$392,120
Cap Rate 7%
$280,086
Cap Rate 9%
$217,844
Alternative Uses
Best Use
Multifamily LT 5
$280.1K
$245.1K – $326.8K
NOI $19,606 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$258.1K
$225.8K – $301.1K
NOI $18,067 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$603.4K
$528.0K – $704.0K
NOI $42,239 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
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Business Placement
Demographics for 18372, PA
2,673
Population
1,741
Households
1.5
Avg Household Size
45
Median Age
24%
College-Educated
82%
High-School Grad
7.7 sq mi
ZIP Area
347
Density / Sq Mi
$114,334
Median Household Income
$35,981
Median Earnings
$1,714
Median Rent
$306,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Monroe County, PA
Properties on Market for Duplexes in Monroe County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - C-1 zoning and public water and sewer service characterize this Tannersville property.
Where is this duplex located?
The property is located at 2965 Route 611 Tannersville, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2,016‑square‑foot brick duplex on a 0.16‑acre parcel; Two separate residences; the first‑floor unit has two bedrooms, while the upper unit has two to three; C‑1 Commercial zoning
