Two-Unit Duplex with Metal
New
For Sale
$350,000
69 Ridgeway Street, East Stroudsburg, PA 18301
Residential Income, East Stroudsburg, PA
Property Size1,610 SF
Lot Size0.06 Acres
Price / SF$217.39
Days on Market3
Property Features for 69 Ridgeway Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1
Patio and Porch features
Porch
Interior features
Eat-in Kitchen
Basement
Walk-Out Access, Dirt Floor, Full, Unfinished
Appliances
Electric Oven, Electric Range, Refrigerator, Dishwasher
View
City
Elementary school district
East Stroudsburg Area
Middle school district
East Stroudsburg Area
High school district
East Stroudsburg Area
Subdivision
East Stroudsburg Borough
Standard status
Active
APN
05-1.1.9.6
Size
1,610 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4509
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Laminate, Carpet
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency:
CENTURY 21 Keim - E. Stroudsburg
Listed By:
Jotham Oliver · License #RS350801
(570) 476-1851
Added: Oct 11
Changed: Oct 12
Last Checked: Oct 13 at 1:06PM
MLS# PM-145552
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 East Stroudsburg duplex contains two furnished residences, each measuring 805 square feet. Both units have two bedrooms, one full bathroom, a living room and a kitchen. The building has 1,610 square feet of living area on a 0.06-acre lot and was built in 1905.
A metal roof was installed in 2023. The upper unit has a new kitchen and an upgraded bathroom. Interior features include eat-in kitchens, and the property is served by public water and public sewer. Electric baseboard heat and window-unit cooling are also present.
East Stroudsburg University, Lehigh Valley Hospital-Pocono and shopping centers are a short drive away. A home warranty is included.
A metal roof was installed in 2023. The upper unit has a new kitchen and an upgraded bathroom. Interior features include eat-in kitchens, and the property is served by public water and public sewer. Electric baseboard heat and window-unit cooling are also present.
East Stroudsburg University, Lehigh Valley Hospital-Pocono and shopping centers are a short drive away. A home warranty is included.
Key Highlights
- Two furnished units, each with 805 square feet of living space
- Each residence has 2 bedrooms, 1 full bath, a living room and a kitchen
- Metal roof installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,658
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,160
$313.2K
Cap Rate 7%
$223,686
$223.7K
Cap Rate 9%
$173,978
$174.0K
Market Conditions
NOI Build-Up for 1,610 SF
Gross rent
$23.2K $14.40/SF
− Vacancy
−$816 −$0.51/SF
EGI
$22.4K $13.89/SF
− OpEx
−$6.7K −$4.17/SF
NOI
$15.7K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,160
Cap Rate 7%
$223,686
Cap Rate 9%
$173,978
Alternative Uses
Best Use
Multifamily LT 5
$223.7K
$195.7K – $261.0K
NOI $15,658 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$206.1K
$180.4K – $240.5K
NOI $14,428 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$481.9K
$421.7K – $562.2K
NOI $33,733 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,409
Businesses Nearby
Explore this area
Business Placement
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, a full bath, a living room and a kitchen.
Where is this duplex located?
The property is located at 69 Ridgeway Street East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two furnished units, each with 805 square feet of living space; Each residence has 2 bedrooms, 1 full bath, a living room and a kitchen; Metal roof installed in 2023
