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
Information deemed reliable but not guaranteed.