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831 Main Street, Stroudsburg, PA 18360

New Listing
$425,000
Property Type: Residential Income Square Footage: 3,344 Lot Size (sq. ft.): 2,178 Status: Active
Current Price: $425,000 List Date: 5/18/2026 Last Modified: 5/19/2026

Description

Turnkey 5-Unit Multifamily Investment Opportunity in the Heart of Stroudsburg Exceptional opportunity to acquire a 5-unit multifamily investment property in a prime Stroudsburg location with immediate cash flow and substantial upside potential. Situated along the Main Street corridor, this income-producing asset consists of two studio apartments, two1-bedroom units, and one 2-bedroom unit, serving the strong workforce housing rental market in the Pocono region. The property currently generates $45,000 in gross annual rental income with stable in-place tenancy, offering investors reliable day-one cash flow while presenting a compelling value-add opportunity through strategic rent repositioning. Current rents remain below prevailing market levels, creating clear upside for increased NOI and long-term appreciation. Conveniently located near downtown Stroudsburg shopping, dining, healthcare, and employment centers, with excellent access to Interstate 80, Route 611, and Route 33, the property benefits from strong commuter demand and the region's continued rental housing growth. Ideal for investors seeking: Stable income-producing multifamily asset Value-add repositioning opportunity Portfolio expansion in a high-demand rental market 1031 exchange replacement property A rare opportunity to acquire a well-located small multifamily asset with both current income and future upside.

More Information MLS# PM-141396

Contract Information

Listing Service: Full Service Property Sub Type: Multi Family List Price: $425,000 Current Price: $425,000 Status: Active Listing Contract Date: 2026-05-08

Location, Tax, and Legal

Parcel Number: 18-4.1.4.1 Municipality: Stroudsburg Borough High School District: Stroudsburg Area County Tax Amount: 1519.84 Municipal Tax Amount: 3139.69 School Tax Amount: 7601.56 Tax Other Annual Assessment Amount: 51.59 Tax Annual Amount: 12312.68 Tax Assessed Value: 277480 Tax Year: 2025 Tax Map Number: 18730006485107 Tax Book Number: 2260 Tax Page Number: 4643 Deed Recording Date: 2006-03-10 Zoning Description: Residential

General Property Information

Above Grade Finished Area: 3344 Below Grade Finished Area: 3344 Building Area Source: Public Records Stories: 2 Number Of Buildings: 1 Year Built Source: Public Records Basement YN: No Pool Private YN: No Garage YN: No Carport YN: No Open Parking YN: Yes Open Parking Spaces: 5 Lot Size Acres: 0.05 Water Body Access YN: No Association YN: No List Price/SqFt: 127.09 Building Area Total: 3344 Year Built: 1902

Currently Not Used

Number Of Units Total: 5

Remarks and Miscellaneous

Public Remarks: Turnkey 5-Unit Multifamily Investment Opportunity in the Heart of Stroudsburg Exceptional opportunity to acquire a 5-unit multifamily investment property in a prime Stroudsburg location with immediate cash flow and substantial upside potential. Situated along the Main Street corridor, this income-producing asset consists of two studio apartments, two1-bedroom units, and one 2-bedroom unit, serving the strong workforce housing rental market in the Pocono region. The property currently generates $45,000 in gross annual rental income with stable in-place tenancy, offering investors reliable day-one cash flow while presenting a compelling value-add opportunity through strategic rent repositioning. Current rents remain below prevailing market levels, creating clear upside for increased NOI and long-term appreciation. Conveniently located near downtown Stroudsburg shopping, dining, healthcare, and employment centers, with excellent access to Interstate 80, Route 611, and Route 33, the property benefits from strong commuter demand and the region's continued rental housing growth. Ideal for investors seeking: Stable income-producing multifamily asset Value-add repositioning opportunity Portfolio expansion in a high-demand rental market 1031 exchange replacement property A rare opportunity to acquire a well-located small multifamily asset with both current income and future upside.

Unit Details

1 Bedroom: 1 2 Bedroom: 2

Listing Terms

Cash: 1 Conventional: 1

Oil, Gas and Mineral Rights

Property Subject To Lease: No

Unit 1

Unit #: 1 Occupied YN: Yes Actual Rent: 625 SqFt Total: 450 Rooms Total: 1 Beds Total: 1 Baths Total: 1 Kitchen YN: Yes Dining Room YN: No Living Room YN: No Unit Remarks: Studio Apartment

Unit 2

Unit #: 2 Occupied YN: Yes Actual Rent: 750 SqFt Total: 450 Rooms Total: 1 Beds Total: 1 Baths Total: 1 Kitchen YN: Yes Dining Room YN: No Living Room YN: No Unit Remarks: Studio Apartment

Unit 3

Unit #: 3 Occupied YN: Yes Actual Rent: 725 SqFt Total: 600 Rooms Total: 3 Beds Total: 1 Baths Total: 1 Kitchen YN: Yes Dining Room YN: No Living Room YN: Yes

Unit 4

Unit #: 4 Occupied YN: Yes Actual Rent: 750 SqFt Total: 850 Rooms Total: 3 Beds Total: 1 Baths Total: 1 Kitchen YN: Yes Dining Room YN: No Living Room YN: Yes

Unit 5

Unit #: 5 Occupied YN: Yes Actual Rent: 900 SqFt Total: 900 Rooms Total: 4 Beds Total: 2 Baths Total: 1 Kitchen YN: Yes Dining Room YN: No Living Room YN: Yes

Water Source

Public: 1

Sewer

Public Sewer: 1

Location Tax and Legal

County: Monroe Street Number: 831 Street Name: Main Street Suffix: Street City (Post Office): Stroudsburg State: PA Postal Code: 18360 Subdivision Name: None

Property Features

Listing Terms: Cash; Conventional Water Source: Public Sewer: Public Sewer
Listing Office: SER Commercial Real Estate, LLC
Last Updated: May - 19 - 2026
831 Main Street, Stroudsburg, PA 18360- MLS# PM-141396
Information deemed reliable but not guaranteed.

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