Two-Unit Duplex with
New
For Sale
$399,900
809 Ann St, Stroudsburg, PA 18360
C-2 zoning permits commercial uses, while the property currently operates as a two-apartment residence.
Property Size1,852 SF
Price / SF$215.93
Days on Market5
Property Features for 809 Ann St
General Information
Standard status
Active
Size
1,852 SF
Property subtype
Residential Income
Zoning
C 2
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,858
Listing Agency:
Keller Williams Real Estate - Stroudsburg
(570) 421-2890
Listed By:
Carol Evans
(570) 977-9781
Source:
Exprealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 4:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate - Stroudsburg
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,852 square feet and is currently configured as two apartments. A two-car garage and off-street parking serve the property. The building is described as architecturally sound and is located within Stroudsburg’s historic district.
C-2 zoning allows commercial opportunities, providing flexibility beyond the current residential use.
C-2 zoning allows commercial opportunities, providing flexibility beyond the current residential use.
Key Highlights
- Two apartments in a 1,852‑square‑foot duplex
- C‑2 zoning allows commercial uses
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,011
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,220
$360.2K
Cap Rate 7%
$257,300
$257.3K
Cap Rate 9%
$200,122
$200.1K
Market Conditions
NOI Build-Up for 1,852 SF
Gross rent
$26.7K $14.40/SF
− Vacancy
−$939 −$0.51/SF
EGI
$25.7K $13.89/SF
− OpEx
−$7.7K −$4.17/SF
NOI
$18.0K $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%
$360,220
Cap Rate 7%
$257,300
Cap Rate 9%
$200,122
Alternative Uses
Best Use
Multifamily LT 5
$257.3K
$225.1K – $300.2K
NOI $18,011 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$237.1K
$207.5K – $276.6K
NOI $16,597 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$554.3K
$485.0K – $646.7K
NOI $38,803 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,595
Businesses Nearby
Explore this area
Business Placement
Demographics for 18360, PA
29,079
Population
12,743
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
86.5 sq mi
ZIP Area
336
Density / Sq Mi
$69,413
Median Household Income
$41,592
Median Earnings
$1,314
Median Rent
$286,200
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
Frequently Asked Questions
What type of property is this?
Duplex - C-2 zoning permits commercial uses, while the property currently operates as a two-apartment residence.
Where is this duplex located?
The property is located at 809 Ann St Stroudsburg, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two apartments in a 1,852‑square‑foot duplex; C‑2 zoning allows commercial uses; Two‑car garage
