Sold

114 Elk Street, East Stroudsburg

East Stroudsburg, PA, 18301 · MLS #25-5861
$398,000
Sold January 2026
114 Elk Street, East Stroudsburg in East Stroudsburg
1 / 8
Approximate location · View larger map
2
Units
2,111
Building SF
$189
Per Sq Ft
Last List Price
$448,000
Sold For
$398,000
Against Asking
Sold 11.2% below asking

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About This Property

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 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.

This property has sold and is no longer on the market. It sold for $398,000 in January 2026. Contact us for other recent sales nearby. Listed by LUXE Homes Real Estate.

Property Details

The Property

Property Type
Residential Income
Sub-Type
Multi Family
Condition
Very Good

Interior

Basement
Unfinished
Interior Features
Drywall

Systems

Heating
Electric Baseboard
Water
Public
Sewer
Public Sewer

Exterior & Lot

Exterior
Vinyl Siding
Roof
Composition
Lot Dimensions
0.25

Location

County
Monroe County
School District
Other - See Remarks
Zoning
Multi-Family

Costs & Listing

Annual Taxes
$4,215
Gross Income
$45,000
MLS #
25-5861
Listed By
LUXE Homes Real Estate

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