$398,000
SOLD JAN 9, 2026
-- Bed
-- Bath
2,111 Sq Ft
10,890 Sq Ft Lot

Sale Details

Date Sold: January 9, 2026

$189 Per Sq Ft

11% Below List Price

49 Days on Market

About This Home

As of January 2026

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 cafés, 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.

Last Agent to Sell the Property

Jason Heimrich

Luxe Homes Real Estate, LLC License #RS326749 Listed on: 11/18/2025

Last Buyer's Agent

(Not in neighboring Other MLS Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1913

Lot Details

  • 10,890 Sq Ft Lot

Interior Spaces

  • 2,111 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Electric Expense $1,200
  • Water Sewer Expense $1,200
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,215

Year Built

Built in 1913

Lot Details

0.25 Acres

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.
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1913
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.25
  • Co List Office Phone: 570-818-5040
  • MLS Status: Closed
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2111.0
  • ResoBuildingAreaSource: Other
  • Carport Y N: No
  • Location Tax and Legal Parcel Number2: 05-1.2.1.9
  • Location Tax and Legal County Tax Amount2: 516.7
  • Location Tax and Legal School Tax Amount2: 2993.8
  • Location Tax and Legal Tax Annual Amount2: 4215.0
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Above Grade Finished Area: 2111.0
  • General Property Information Stories2: 2
  • General Property Information:Pool Private YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Basement YN: No
  • General Property Information Water Body Access YN2: No
  • General Property Information Attic Features YN2: No
  • Owner Pays Water4: Yes
  • Owner Pays:Electricity3: Yes
  • Owner Pays Repairs: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Unit 1 Dining Room YN2: No
  • Unit 1 Living Room YN2: No
  • Unit 2 Dining Room YN3: No
  • Unit 2 Living Room YN3: No
  • Gross Scheduled Income: 45000.0
  • Unit 1 Security Deposit5: 2000.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • General Property Information:Garage YN: No
  • General Property Information:Open Parking YN2: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 05-1.2.1.9
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4215.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2025
Closed on
Jan 9, 2026
Sold by
Zamir Edward
Bought by
Roldan Bobbie and Lalloo-Roldan Marcia
Seller's Agent
Jason Heimrich
Luxe Homes Real Estate, LLC
Buyer's Agent
(Not in neighboring Other MLS Member
NON MEMBER
List Price
$448,000
Sold Price
$398,000
Premium/Discount to List
-$50,000
-11.16%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%

Purchase Details

Listed on
Aug 21, 2018
Closed on
Aug 10, 2018
Sold by
Daly Steven T and Daly Colette
Bought by
Zamir Edward
Seller's Agent
Becky Freeman
RE/MAX of the Poconos
Buyer's Agent
Becky Freeman
RE/MAX of the Poconos
Sold Price
$1,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%
Original Mortgage
$124,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1997
Bought by
Daly Steven T and Daly Colette
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Deed $398,000 None Listed On Document
Deed $155,000 None Available
Deed $75,000 --
Source: Public Records

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2026 01/09/26 Sold $398,000 -11.2% $189 / Sq Ft
01/06/2026 01/06/26 Pending -- -- --
11/18/2025 11/18/25 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: Pocono Mountains Association of REALTORS®

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
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

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-137324

Pocono Mountains Association of REALTORS®

APN: 05-1.2.1.9

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