Remodeled Duplex: Investment
428 King Street, East Stroudsburg, PA 18301
MULTI_FAMILY - Contemporary - East Stroudsburg, PA
Property size:
2,219 SFLot size:
0.15 AcresPrice / SF:
$164/SF- Added:
- May 13, 2026
- Days on Market:
- 17
- Last Refresh:
- May 29 at 11:06 pm
Property Features for 428 King Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Basement, Bathroom 1, Bedroom 2
- Patio and Porch features
- Porch
- Interior features
- Eat-in Kitchen, Walk-In Closet(s), In-Law Floorplan
- Exterior features
- Private Entrance, Private Yard
- Basement
- Dirt Floor, Full
- Appliances
- Electric Cooktop, Self Cleaning Oven, Water Heater
- Standard status
- Active
- APN
- 05-5.1.1.7-3
- Size
- 2,219 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5600
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1907
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Laminate
- Building materials
- Aluminum Siding
- Roof type
- Shingle, Asphalt
- Architectural style
- Contemporary
Listing agent April Rose Ace (570) 629-6100
Listing office WEICHERT Realtors Acclaim - Tannersville 2920 Route 611, Tannersville, PA (570) 629-6100
Listing date May 13, 2026
MLS# PM-141235
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
- Two‑unit property offering income potential or multi‑generational living options.
- Remodeled with new windows, doors, updated bathroom fixtures, modernized electrical and lighting, and fresh paint.
- Includes an additional lot with a walk‑in shed for extra outdoor space and storage.
- Convenient location near shopping, colleges, and major commuter routes (Route 80).
- Features a 3‑bedroom unit and a separate 1‑bedroom unit with private entrance.
- Large parking area available.
Overview
This remodeled two-unit property in East Stroudsburg, PA, presents opportunities as an investment property, a mother/daughter home, or conversion back to a single-family residence. One unit features 3 bedrooms, 1 full bath, a basement, and attic space for storage. The second unit, with a private entrance, includes 1 bedroom and 1 full bath, suitable for guests, in-laws, or rental income. Updates include new windows throughout both units, new doors, updated bathroom fixtures, modernized electrical and lighting, and fresh paint. The property includes an additional lot with a walk-in shed for outdoor space and storage. A large parking area is available. Situated on a 0.15-acre lot, the property offers 2219 square feet of living space. Conveniently located near shopping, colleges, and major commuter routes, including Route 80, this property suits owner-occupants, investors, or multi-generational living. Live in one unit while generating income from the other, or create a setup for extended family.
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 | $32.0k | $14.40 |
| − Vacancy | −$1.1k | −$0.51 |
| EGI | $30.8k | $13.89 |
| − OpEx | −$9.2k | −$4.17 |
| NOI | $21.6k | $9.73 |
2,219 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.3K
$269.8K – $359.7K
NOI $21,580 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$284.1K
$248.6K – $331.4K
NOI $19,886 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$664.2K
$581.2K – $774.9K
NOI $46,492 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- East Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.193237
- Latitude
- 41.017429
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property ideal for income generation or extended family.
Where is this duplex located?
The property is located at 428 King Street East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Two‑unit property offering income potential or multi‑generational living options.; Remodeled with new windows, doors, updated bathroom fixtures, modernized electrical and lighting, and fresh paint.; Includes an additional lot with a walk‑in shed for extra outdoor space and storage.
