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Multifamily Property With Outbuildings
For Sale
$425,000

558 Effort Neola Road, Brodheadsville, PA 18322

Residential Income, Brodheadsville, PA

Property Size2,650 SF
Lot Size2.14 Acres
Price / SF$160.38
Days on Market55

Property Features for 558 Effort Neola Road

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning RR
Zoning description Residential
Bedrooms 4
Bathrooms 6
Full bathrooms 4
Half bathrooms 3
Rooms Bathroom 6, Bathroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 7, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Basement, Bathroom 4
Patio and Porch features Porch
Interior features Walk-In Closet(s)
Fireplace 1
Basement Unfinished, Full
Appliances Self Cleaning Oven, Electric Range, Refrigerator, Water Heater, Dishwasher, Range Hood, Microwave, Washer, Dryer
Lot features Corner Lot, Paved
Elementary school district Pleasant Valley
Middle school district Pleasant Valley
High school district Pleasant Valley
Subdivision Chestnuthill Township
Standard status Active
APN 02625900014987
Size 2,650 SF
Lot size 2.14 Acres

Taxes and HOA fees

Tax Annual Amount 4979

Utilities

Utilities Propane
Sewer type Cesspool
Heating system Baseboard, Propane (Heating), Oil, Electric (Heating)
Cooling system Ceiling Fan(s), Separate Meters
Water source Well

Building Details

Year built 1902
Floors in Building 2
Number of units 3
Building materials Stone, Vinyl Siding
Roof type Asphalt, Shingle
Architectural style Cape Cod, Ranch
Additional Structures Outbuilding
Listing Agency: Coldwell Banker Pennco Real Estate · Coldwell Banker Real Estate
Listed By: Suzanne Melnick
Added: Aug 15 Changed: Sep 16 Last Checked: Oct 8 at 5:06AM
MLS# PM-143962

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 multifamily property includes two separate residences and three detached buildings. The primary home contains 3 bedrooms and 2 bathrooms, along with original hardwood floors, French doors, a quartz fireplace, stained-glass windows, and a porch. The second home provides 1 bedroom and 1 bathroom with an updated kitchen and new flooring. Total property size is 2,650 square feet.

The detached improvements include a 3-car garage measuring 40 by 25 feet, a two-story workshop with a 2-bay garage measuring 22 by 32 feet, and a two-story storage building measuring 22 by 69 feet. The property also includes a second parcel of land. Additional features include propane, baseboard, oil, and electric heating; well water; a cesspool; shingle and asphalt roofing; and RR zoning. The original structure dates to 1902.

Key Highlights

  • Two residences plus three detached buildings on 2.14 acres
  • Primary home offers 3 bedrooms, 2 bathrooms, hardwood floors, French doors, quartz fireplace, and stained‑glass windows
  • Second residence includes 1 bedroom, 1 bathroom, updated kitchen, and new flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,748
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,960 $475.0K
Cap Rate 7%
$339,257 $339.3K
Cap Rate 9%
$263,867 $263.9K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$44.8K $16.92/SF
− Vacancy
−$1.7K −$0.63/SF
EGI
$43.2K $16.29/SF
− OpEx
−$19.4K −$7.33/SF
NOI
$23.7K $8.96/SF
Area
Monroe County, PA
Vacancy
3.70%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,960
Cap Rate 7%
$339,257
Cap Rate 9%
$263,867

Alternative Uses

Best Use
Apartment 5plus
$339.3K
$296.9K – $395.8K (±1% cap)
NOI $23,748 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$793.2K
$694.0K – $925.4K (±1% cap)
NOI $55,523 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Multifamily properties

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 18322, PA

2,511
Population
969
Households
2.6
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
364
Density / Sq Mi
$108,642
Median Household Income
$38,606
Median Earnings
$992
Median Rent
$274,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Two residences accompany three detached buildings on a 2.14-acre property with RR zoning.
Where is this multifamily property located?
The property is located at 558 Effort Neola Road Brodheadsville, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences plus three detached buildings on 2.14 acres; Primary home offers 3 bedrooms, 2 bathrooms, hardwood floors, French doors, quartz fireplace, and stained‑glass windows; Second residence includes 1 bedroom, 1 bathroom, updated kitchen, and new flooring
More about this property
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