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Two-Family Duplex with Full Basement
For Sale
$495,000

70 Lackawanna Avenue, East Stroudsburg, PA 18301

Residential Income, East Stroudsburg, PA

Property Size3,256 SF
Lot Size0.13 Acres
Price / SF$152.03
Days on Market8

Property Features for 70 Lackawanna Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Zoning description Residential
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 8, Bedroom 7, Bedroom 4, Bedroom 3, Bathroom 3, Basement, Bedroom 1, Bedroom 6
Spa 1
Window features Vinyl Frames
Patio and Porch features Patio
Interior features Pantry, Eat-in Kitchen
Exterior features Garden, Private Yard, Storage
Basement Full, Unfinished
Appliances Gas Range, Refrigerator
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 05-4.1.7.15
Size 3,256 SF
Lot size 0.13 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4255

Utilities

Sewer type Public Sewer
Heating system Radiant, Baseboard, Radiant Floor
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Flooring type Laminate
Building materials Vinyl Siding
Roof type Shingle
Additional Structures Storage
Buildings 1
Listing Agency: RKA Real Estate, LLC
Listed By: Angelica Saenz
Added: Oct 20 Changed: Oct 27 Last Checked: Oct 27 at 10:06PM
MLS# PM-145939

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.

Rey
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Investment Insights

Based on property information with market context.

This two-family duplex contains two separate four-bedroom apartments, with eight bedrooms and three full bathrooms overall. The 3,256-square-foot building dates to 1910 and includes a full basement and attic. Interior features include eat-in kitchens and pantries; a patio, garden, private yard, and storage are also present. Heating is provided by radiant and baseboard systems, with window-unit cooling. The property has public water and sewer service and is zoned R-3.

At 70 Lackawanna Avenue in East Stroudsburg, the property occupies a 0.13-acre lot. One apartment is owner-occupied and the other is tenant-occupied. Parking is available behind the building, with public parking in front.

Key Highlights

  • Two separate four‑bedroom apartments; eight bedrooms and three full bathrooms total
  • 3,256‑square‑foot building on a 0.13‑acre lot
  • Full basement and attic

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,665
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,300 $633.3K
Cap Rate 7%
$452,357 $452.4K
Cap Rate 9%
$351,833 $351.8K
Market Conditions
NOI Build-Up for 3,256 SF
Gross rent
$46.9K $14.40/SF
− Vacancy
−$1.7K −$0.51/SF
EGI
$45.2K $13.89/SF
− OpEx
−$13.6K −$4.17/SF
NOI
$31.7K $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%
$633,300
Cap Rate 7%
$452,357
Cap Rate 9%
$351,833

Alternative Uses

Best Use
Multifamily LT 5
$452.4K
$395.8K – $527.8K (±1% cap)
NOI $31,665 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$416.8K
$364.7K – $486.3K (±1% cap)
NOI $29,179 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$974.6K
$852.8K – $1.14M (±1% cap)
NOI $68,220 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two four-bedroom apartments offer separate living spaces within an eight-bedroom property.
Where is this duplex located?
The property is located at 70 Lackawanna Avenue East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two separate four‑bedroom apartments; eight bedrooms and three full bathrooms total; 3,256‑square‑foot building on a 0.13‑acre lot; Full basement and attic
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