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Remodeled Two-Unit Duplex

428 King Street East Stroudsburg, PA 18301

Claim this Listing
For Sale
$349,900

MULTI_FAMILY - Contemporary - East Stroudsburg, PA

Property size:
2,219 SF
Lot size:
0.15 Acres
Price / SF:
$157.68/SF
Added:
May 13, 2026
Days on Market:
63
Last Refresh:
Jul 14 at 7:06 am

Property Features for 428 King Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 2, 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
Asphalt, Shingle
Architectural style
Contemporary

Listing agent April Rose Ace

Listing office WEICHERT Realtors Acclaim - Tannersville 2920 Route 611, Tannersville, PA

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.


Investment Insights

Based on property information with market context.

This remodeled two-unit duplex is configured for flexible living and rental use. One side features three bedrooms, one full bathroom, plus a basement and attic space for additional storage. The second unit includes a private entrance, one bedroom, and one full bathroom, suited for guests, in-laws, or rental income. Updates include new windows throughout both units, new doors, refreshed bathroom fixtures, modernized electrical and lighting, and fresh interior paint.

The property is located in East Stroudsburg, PA, with convenience to shopping, colleges, and major commuter routes, including Route 80. The home sits on a 0.15-acre lot and includes an additional lot that has a walk-in shed, adding outdoor storage and utility.

For owner-occupants, the layout supports living in one unit while using the other for additional income or family space. For investors, the duplex configuration provides two separate residential units with independent entrances and dedicated bathroom facilities. The included storage options, along with the large parking area for cars, add day-to-day practicality for tenants and residents.

Key Highlights

  • Two‑unit property with an in‑law floorplan and separate living options
  • Second unit features a private entrance with 1 bedroom and 1 full bath
  • First unit includes 3 bedrooms, 1 full bath, plus a basement and attic storage

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 (±1% cap)
NOI $21,580 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$284.1K
$248.6K – $331.4K (±1% cap)
NOI $19,886 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$664.2K
$581.2K – $774.9K (±1% cap)
NOI $46,492 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Law Firm Building Supply Storage Facility HVAC Service Electrical Service Skin Care Clinic Pharmacy Grocery & Convenience Store Big Box & Wholesale Store

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

FAQs

What type of property is this?
Duplex - Two separate units with updated interiors, private entry, and ample parking for income, guests, or multi-generational living.
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 $349,900.
What are key features of this property?
This property features: Two‑unit property with an in‑law floorplan and separate living options; Second unit features a private entrance with 1 bedroom and 1 full bath; First unit includes 3 bedrooms, 1 full bath, plus a basement and attic storage
Contact an agent
More about this property
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