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10-Unit Apartment Building with Parking
New
For Sale
$624,900

403 405 40 Main Street, Stroudsburg, PA 18360

COMMERCIAL - Stroudsburg, PA

Property Size7,143 SF
Lot Size0.23 Acres
Price / SF$87.48
Days on Market3

Property Features for 403 405 40 Main Street

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Commercial
Rooms Basement
Parking 10
Basement Concrete, Full, Unfinished
Lot features Near Public Transit
Elementary school district Stroudsburg Area
Middle school district Stroudsburg Area
High school district Stroudsburg Area
Subdivision Stroudsburg Borough
Standard status Active
APN 18-1.1.11.19 &20
Size 7,143 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 29021

Utilities

Sewer type Public Sewer
Heating system Steam, Hot Water(Heating), Natural Gas
Water source Public

Building Details

Year built 1902
Floors in Building 3
Flooring type Linoleum, Laminate, Tile, Carpet, Vinyl
Building materials Brick
Roof type Shingle, Flat, Rubber
Listing Agency: Wilkins & Associates Real Estate, Inc. · Better Homes and Gardens Real Estate
Listed By: James J Martin
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 8 at 6:06AM
MLS# PM-143742

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 brick multifamily property comprises 3 buildings with 10 rental apartment units across 7143 square feet on 0.23 acres. All 10 units are rented. Interior updates include paint, flooring in select units, and improvements to kitchens and baths. A newer roof is complemented by heating furnaces and water heaters installed in 2017. The property was built in 1902 and includes basement space, with flooring consisting of linoleum, laminate, tile, carpet, and vinyl.

The property is located in Stroudsburg, with a bus stop in front of the buildings and off-street parking on site. Shopping, East Stroudsburg University, and a hospital are within walking distance. Public water and public sewer serve the property, and heating is provided by steam, hot water, and natural gas systems.

Key Highlights

  • 3 buildings with 10 rental apartment units
  • 7143 square feet on 0.23 acres
  • All 10 units are rented

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith Furniture & Home Goods Veterinary Clinic Pet Grooming Service Butcher Florist

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

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,649
Businesses Nearby

Demographics for 18360, PA

29,079
Population
12,743
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
86.5 sq mi
ZIP Area
336
Density / Sq Mi
$69,413
Median Household Income
$41,592
Median Earnings
$1,314
Median Rent
$286,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Brick multifamily property with updated interiors, public utilities, and off-street parking in Stroudsburg.
Where is this apartment building located?
The property is located at 403 405 40 Main Street Stroudsburg, PA.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: 3 buildings with 10 rental apartment units; 7143 square feet on 0.23 acres; All 10 units are rented
More about this property
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