Two-Unit Duplex with Off-Street
305 S Courtland Street East Stroudsburg, PA 18301
For Sale
$489,000
MULTI_FAMILY - East Stroudsburg, PA
Property Size3,806 SF
Lot Size0.26 Acres
Price / SF$128.48
Days on Market53
Property Features for 305 S Courtland Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Rooms
- Bedroom 7, Bathroom 2, Basement, Bedroom 1, Bedroom 9, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 8
- Standard status
- Active
- APN
- 05-3.1.7.7
- Size
- 3,806 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 303 305 S Courtland St
- Tax Annual Amount
- 7692
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Asphalt, Vinyl Siding
Listing Agency:
exp Realty, LLC - Philadelphia
(888) 397-7352
Listed By:
Latanya Best
(888) 397-7352
Added: Jun 2
Changed: Jun 8
Last Checked: Jul 24 at 6:06AM
MLS# PM-141967
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 oversized duplex includes two occupied rental units: one 5-bedroom unit and one 3-bedroom unit. The property has seen recent improvements, including a newer roof, replacement windows, and vinyl siding. Outside, the home sits on a large lot with ample off-street parking and a detached garage.
Located at 305 S Courtland Street in East Stroudsburg, PA (Monroe County), the site offers convenient residential access with parking on the property and no reliance on street parking for everyday use. The detached garage adds additional storage or parking flexibility.
For investors or owner-occupants seeking an income-producing asset, the duplex is set up with tenant responsibility for heat, hot water, and electric utilities, which can help simplify operating expenses. Both units are currently occupied, providing immediate rental income while maintaining a long-term residential rental profile. The combination of in-place tenancy and exterior/life-safety improvements, including the newer roof and replaced windows, supports practical ownership from day one.
Located at 305 S Courtland Street in East Stroudsburg, PA (Monroe County), the site offers convenient residential access with parking on the property and no reliance on street parking for everyday use. The detached garage adds additional storage or parking flexibility.
For investors or owner-occupants seeking an income-producing asset, the duplex is set up with tenant responsibility for heat, hot water, and electric utilities, which can help simplify operating expenses. Both units are currently occupied, providing immediate rental income while maintaining a long-term residential rental profile. The combination of in-place tenancy and exterior/life-safety improvements, including the newer roof and replaced windows, supports practical ownership from day one.
Key Highlights
- Oversized duplex with 1 five‑bedroom unit and 1 three‑bedroom unit, both currently occupied by in‑place tenants
- Recent improvements include a newer roof, replacement windows, and vinyl siding to help reduce future maintenance
- Large lot with ample off‑street parking and a detached garage
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 | $54.8k | $14.40 |
| − Vacancy | −$1.9k | −$0.51 |
| EGI | $52.9k | $13.89 |
| − OpEx | −$15.9k | −$4.17 |
| NOI | $37.0k | $9.73 |
3,806 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.8K
$462.7K – $616.9K
NOI $37,014 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$487.3K
$426.4K – $568.5K
NOI $34,108 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$1.14M
$996.8K – $1.33M
NOI $79,743 @ 7.0% cap · market cap 16.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Oversized two-unit duplex with separate heat, hot water, and electric responsibility assigned to tenants.
Where is this duplex located?
The property is located at 305 S Courtland Street East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Oversized duplex with 1 five‑bedroom unit and 1 three‑bedroom unit, both currently occupied by in‑place tenants; Recent improvements include a newer roof, replacement windows, and vinyl siding to help reduce future maintenance; Large lot with ample off‑street parking and a detached garage
