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    Stroudsburg Duplex Near Main Street Title is generated by Realmo AI

    402 N 8th Street, Stroudsburg, PA 18360

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    Claim this Listing
    Pending
    $400,000

    MULTI_FAMILY - Stroudsburg, PA

    Property size:
    3,000 SF
    Lot size:
    0.05 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    81
    Last Refresh:
    Jun 20 at 3:06 pm

    Property Features for 402 N 8th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Rooms
    Bedroom 3, Bedroom 5, Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 6
    Window features
    Double Pane Windows
    Patio and Porch features
    Porch
    Exterior features
    Rain Gutters
    Basement
    Full, Unfinished
    Appliances
    Electric Range, Gas Range, Refrigerator
    Standard status
    Pending
    APN
    18-3.1.2.11
    Size
    3,000 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5493

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas, Hot Water(Heating), Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1907
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Laminate
    Roof type
    Shingle, Fiberglass, Asphalt

    We can help!

    Listing Contact
    Jeremiah Noll
    Jeremiah Noll

    Listing agent Jeremiah Noll License #RS337158

    Listing office Investment Real Estate of the Poconos 3856 Route 903 PO Box 730, Lake Harmony, PA

    Listing date Apr 1, 2026

    MLS# PM-139977 Listing URL

    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.

    HighLights

    • Side‑by‑side duplex built in 1907 with two 3‑bed, 1‑bath units
    • Combined market rental potential of $4,000 per month (as stated in remarks)
    • Each unit includes one off‑street parking space
    • Laminate flooring, refinished cabinets, and vinyl siding
    • Dry basement for each side with washer and dryer hookup
    • Updated water supply with backflow prevention device; public water and public sewer

    Overview

    This side-by-side duplex is located just blocks from Main Street and the courthouse in Stroudsburg. The property features two 3-bed, 1-bath units. Each unit has been updated with laminate flooring, refinished cabinets, and vinyl siding. The combined market rental potential is $4,000 per month. Each unit includes one off-street parking space. The property has a new roof. Each side features a dry basement with its own washer and dryer hookups. The water supply has been upgraded per borough requirement with a back flow prevention device. The property is a turnkey investment in a prime location. The lot size is 0.05 acres, and the property size is 3000 square feet.

    Local 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 $43.2k $14.40
    − Vacancy −$1.5k −$0.51
    EGI $41.7k $13.89
    − OpEx −$12.5k −$4.17
    NOI $29.2k $9.73
    3,000 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $416.8K
    $364.7K – $486.3K (±1% cap)
    NOI $29,176 @ 7.0% cap · market cap 7.29%
    Second Best
    Apartment 5plus
    $384.1K
    $336.1K – $448.1K (±1% cap)
    NOI $26,885 @ 7.0% cap · market cap 6.72%
    Theoretical Best
    Office A
    $897.9K
    $785.7K – $1.05M (±1% cap)
    NOI $62,856 @ 7.0% cap · market cap 15.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.19798
    Latitude
    40.98903

    FAQs

    What type of property is this?
    Duplex - Well-kept duplex near Main Street with strong rental potential.
    Where is this duplex located?
    The property is located at 402 N 8th Street Stroudsburg, PA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Side‑by‑side duplex built in 1907 with two 3‑bed, 1‑bath units; Combined market rental potential of $4,000 per month (as stated in remarks); Each unit includes one off‑street parking space
    More about this property
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