$448,000

Estimated payment $2,712/month

Total Views 377
6 Beds
2 Baths
2,111 Sq Ft
$212 Price per Sq Ft

About This Home

There's a certain kind of property that doesn't just look promising on paper -- it feels smart the moment you see it.114 Elk Street is that kind of find. Close your eyes for a second and picture steady rent checks coming in, tenants already settled, and a building that practically manages itself. It's the kind of investment you can feel confident stepping into right now -- because the numbers make sense, and the location sells itself.Welcome to 114 Elk Street, a classic two-unit multifamily property located just blocks from East Stroudsburg University and the heartbeat of the Pocono region. Within minutes of walking, you're surrounded by student life, small-town energy, and consistent rental demand that keeps income steady year after year.You can almost feel the rhythm of campus life nearby -- students heading to class, neighbors walking downtown, the quiet hum of a neighborhood that always feels alive. As you read this, you might already picture steady rent checks arriving, reliable tenants in place, and an investment that simply runs itself.Each unit offers comfortable layouts designed for convenience and long-term occupancy. Both are fully occupied, delivering instant cash flow from day one. The off-street parking -- a rare advantage this close to the university -- adds real-world value for tenants and investors alike.And then there's the location -- just the right distance from it all. Walk to the university, local cafes, grocery stores, and downtown East Stroudsburg. It's an address that practically markets itself to students, staff, and long-term renters. Whether you're expanding your portfolio or stepping into your first income property, this one offers what every investor wants: stability, accessibility, and demand that never fades.Imagine owning a property that works as hard as you do -- one that grows quietly in value while providing consistent returns.

Listing Agent

Jason Heimrich

LUXE Homes Real Estate LLC License #RS326749 Listed on: 11/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1913

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 73x96x37x55x110x154

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,111 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • 200+ Amp Service

Community Details

  • 2 Units

Listing and Financial Details

  • Security Deposit $2,000
  • Assessor Parcel Number 05-1.2.1.9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,215

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Directions: From East Stroudsburg University, head west on Normal St toward Prospect St. Turn left on Prospect, then right on E Brown St. Continue straight, cross N Courtland and follow Brown St. Turn right on Elk St. Continue a short distance; 114 Elk St will be on your left in East Stroudsburg, PA.
  • Lot Size Acres: 0.25
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1913
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 2111
  • New Construction: No
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 2993.80
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 2000.00
  • GSB_UnitTypeSecurityDeposit: 1750.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Has Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, On Street

Utilities

  • Water Source: Public

Schools

  • Junior High Dist: East Stroudsburg Area

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 73X96X37X55X110X154
  • Parcel #: 05-1.2.1.9

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4215
  • Tax Book Number: 2515/6532

Multi Family

  • Number Of Units Total: 2

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,286 $94,330 $25,000 $69,330
2024 $975 $94,330 $25,000 $69,330
2023 $3,713 $94,330 $25,000 $69,330
2022 $3,692 $94,330 $25,000 $69,330
2021 $3,575 $94,330 $25,000 $69,330
2020 $3,627 $94,330 $25,000 $69,330
2019 $3,927 $17,400 $6,250 $11,150
2018 $3,927 $17,400 $6,250 $11,150
2017 $3,901 $17,400 $6,250 $11,150
2016 $789 $17,400 $6,250 $11,150
2015 $2,737 $17,400 $6,250 $11,150
2014 $2,737 $17,400 $6,250 $11,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $448,000 0.0% $212 / Sq Ft
07/16/2024 07/16/24 Rented $23,400 +1100.0% --
07/15/2024 07/15/24 Under Contract -- -- --
05/17/2024 05/17/24 Price Changed $1,950 -2.5% $2 / Sq Ft
04/17/2024 04/17/24 For Rent $2,000 0.0% --
06/01/2022 06/01/22 Rented $2,000 0.0% --
05/07/2022 05/07/22 Under Contract -- -- --
04/15/2022 04/15/22 For Rent $2,000 +25.0% --
06/02/2021 06/02/21 Rented $1,600 0.0% --
06/01/2021 06/01/21 Under Contract -- -- --
05/10/2021 05/10/21 For Rent $1,600 0.0% --
09/03/2020 09/03/20 Rented $1,600 0.0% --
07/25/2020 07/25/20 Under Contract -- -- --
06/02/2020 06/02/20 For Rent $1,600 0.0% --
08/29/2019 08/29/19 Rented $1,600 0.0% --
08/07/2019 08/07/19 Under Contract -- -- --
07/10/2019 07/10/19 For Rent $1,600 +68.4% --
04/02/2019 04/02/19 Rented $950 0.0% --
04/02/2019 04/02/19 Under Contract -- -- --
02/07/2019 02/07/19 For Rent $950 -17.4% --
09/22/2018 09/22/18 Rented $1,150 0.0% --
09/17/2018 09/17/18 Under Contract -- -- --
08/21/2018 08/21/18 For Rent $1,150 0.0% --
08/17/2018 08/17/18 Sold $155,000 -3.1% $73 / Sq Ft View Prior Sale
07/05/2018 07/05/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $159,900 -- $76 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $155,000 None Available
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Source: Public Records

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC255935

Greater Scranton Board of REALTORS®

APN: 05-1.2.1.9