Oversized Duplex with Detached
For Sale
$489,000
Pending
305 S Courtland Street, East Stroudsburg, PA 18301
Residential Income, East Stroudsburg, PA
Property Size3,806 SF
Lot Size0.26 Acres
Days on Market144
Property Features for 305 S Courtland Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi-Family
Bedrooms
9
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 9, Bathroom 2, Bedroom 7, Bedroom 6, Basement, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5
Subdivision
East Stroudsburg Borough
Standard status
Pending
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
Legal Description
303 305 S Courtland St
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
Listed By:
Latanya Best
(888) 397-7352
Added: Jun 2
Changed: Oct 21
Last Checked: Oct 23 at 3:06PM
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.
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Investment Insights
Based on property information with market context.
This 3,806-square-foot duplex contains two occupied apartments configured with five bedrooms in one unit and three bedrooms in the other. Property improvements include a newer roof, replacement windows, and vinyl siding. The building was constructed in 1902 and includes a basement, while public water and public sewer serve the property.
Set on 0.26 acres, the property provides off-street parking and a detached garage. Tenants are responsible for their own heat, hot water, and electric utilities, supporting a lower owner-paid utility load. The property is located at 305 S Courtland Street in East Stroudsburg, Pennsylvania 18301.
Set on 0.26 acres, the property provides off-street parking and a detached garage. Tenants are responsible for their own heat, hot water, and electric utilities, supporting a lower owner-paid utility load. The property is located at 305 S Courtland Street in East Stroudsburg, Pennsylvania 18301.
Key Highlights
- Two occupied units with 5‑bedroom and 3‑bedroom configurations
- 3,806 square feet of building area on 0.26 acres
- Newer roof, replacement windows, and vinyl siding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,014
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,280
$740.3K
Cap Rate 7%
$528,771
$528.8K
Cap Rate 9%
$411,267
$411.3K
Market Conditions
NOI Build-Up for 3,806 SF
Gross rent
$54.8K $14.40/SF
− Vacancy
−$1.9K −$0.51/SF
EGI
$52.9K $13.89/SF
− OpEx
−$15.9K −$4.17/SF
NOI
$37.0K $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%
$740,280
Cap Rate 7%
$528,771
Cap Rate 9%
$411,267
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 authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,588
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Occupied two-unit property with substantial bedroom capacity, off-street parking, and separate tenant-paid utilities.
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: Two occupied units with 5‑bedroom and 3‑bedroom configurations; 3,806 square feet of building area on 0.26 acres; Newer roof, replacement windows, and vinyl siding
