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Mixed-Use Quadplex with Commercial Space
For Sale
$549,900

304 Drinker Turnpike, Covington Twp, PA 18424

MULTI_FAMILY - Covington Twp, PA

Property Size6,610 SF
Lot Size2.03 Acres
Price / SF$83.19
Days on Market121

Property Features for 304 Drinker Turnpike

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bedrooms 6
Bathrooms 7
Full bathrooms 6
Half bathrooms 1
Rooms Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 7, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 5, Bedroom 4, Bedroom 1
Parking 10
Parking features Off Street, Driveway, Parking Lot
Exterior features PropaneTankLeased
Subdivision Not in Development
Elementary school district North Pocono
Middle school district North Pocono
High school district North Pocono
Directions On US-22 E, take PA-33 N toward Stroudsburg. Continue on PA-33 N/US 209-N. Merge onto I-80 W toward Hazelton. Take exit 293 for I-380 N toward Scranton. Take exit 13 for PA-435/PA-507 toward Gouldsboro. Follow PA-435 N to property on left.
Standard status Active
APN 22701010004
Size 6,610 SF
Lot size 2.03 Acres

Taxes and HOA fees

Tax Annual Amount 8849

Utilities

Sewer type Public Sewer, Septic Tank
Heating system Forced Air, Propane (Heating), Baseboard, Oil
Cooling system Central Air, Window Unit(s), Ceiling Fan(s)
Water source Well

Building Details

Year built 1987
Floors in Building 2
Number of units 5
Flooring type Carpet
Building materials AluminumSiding, Stucco, VinylSiding
Listing Agency: Keller Williams Allentown · Keller Williams Realty
Listed By: Chris Troxell · License #RS340308
Added: Apr 13 Changed: Aug 1 Last Checked: Aug 11 at 7:06PM
MLS# 774855

Copyright © 2026 Greater Lehigh Valley 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 mixed-use property includes four residential units plus a separate 1-bedroom cottage, along with approximately 3,000 square feet of commercial space that was previously operated as a daycare. The residential layout features one 3-bedroom apartment, two 1-bedroom apartments, and the separate cottage for additional on-site rental flexibility. Heating is provided via forced air and baseboard systems, including propane and oil options, and the property includes central air as well as window units and ceiling fans. Parking is available with off-street spaces, a driveway, and a parking lot. Exterior materials include aluminum siding, stucco, and vinyl siding, and a propane tank is noted as leased.

The property sits on a 2.026-acre lot and is located on Route 435 in Covington Twp, Pennsylvania. Water is provided by a well, and sewer services include both public sewer and a septic tank. The location is described as minutes from Kalahari Resort, Gouldsboro State Park, and Interstates 380, 84, and 81.

With residential space already in place and dedicated commercial space on the same site, the property offers flexible occupancy possibilities for an investor or an owner-occupant with the ability to live on-site while leasing the remaining units.

Key Highlights

  • Approximately 3,000 SF commercial space previously operated as a daycare
  • Residential mix: one 3‑bedroom unit, two 1‑bedroom apartments, plus a separate 1‑bedroom cottage
  • 2.026‑acre lot with Route 435 frontage for visibility

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Dental Office Kitchen & Bath Showroom

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 18424, PA

5,598
Population
4,031
Households
1.4
Avg Household Size
49
Median Age
22%
College-Educated
93%
High-School Grad
81.2 sq mi
ZIP Area
69
Density / Sq Mi
$62,192
Median Household Income
$37,167
Median Earnings
$994
Median Rent
$191,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Zoned Commercial quadplex with multiple residential units and a sizeable commercial space previously used as a daycare.
Where is this quadplex located?
The property is located at 304 Drinker Turnpike Covington Twp, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Approximately 3,000 SF commercial space previously operated as a daycare; Residential mix: one 3‑bedroom unit, two 1‑bedroom apartments, plus a separate 1‑bedroom cottage; 2.026‑acre lot with Route 435 frontage for visibility
More about this property
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