$494,000
Price
7
Beds
2,841 Sq. Ft.
$174 / Sq. Ft.
2,841
Sq. Ft.
$174
per Sq. Ft.

Description

Every so often, an investment comes along that's more than numbers on a page -- it's opportunity built into brick and mortar. 120 Ridgeway Street is exactly that: a well-positioned multifamily property in East Stroudsburg, located just minutes from the university. From the street, the property presents as a classic multi-unit residence -- solid, established, and practical. But step closer, and you'll see where the real potential lies. The sale includes both the front building and the back lot (05-1/2/313...Every so often, an investment comes along that's more than numbers on a page -- it's opportunity built into brick and mortar. 120 Ridgeway Street is exactly that: a well-positioned multifamily property in East Stroudsburg, located just minutes from the university. From the street, the property presents as a classic multi-unit residence -- solid, established, and practical. But step closer, and you'll see where the real potential lies. The sale includes both the front building and the back lot (05-1/2/313 & 05-1/2/3/24), which is currently being used as parking -- an increasingly valuable commodity in this part of town. Parking isn't just convenience here; it's leverage. Inside, you'll find a finished basement and a walk-up attic -- both offering the kind of space investors love to unlock. Whether used for additional storage, laundry, or with proper approvals, potentially expanded living space, the flexibility here creates room for imagination -- and income. And then there's the two-car garage, another underutilized asset that can generate additional revenue through rental or storage. With the right strategy, these spaces can transform this already-performing property into a true cash-flow engine. Located within walking distance of East Stroudsburg University, this property benefits from consistent rental demand year after year. The tenant base renews naturally with the school cycle, and the proximity to downtown, Route 80, and local amenities keeps occupancy strong. Each unit has separate meters and tenants pay their own utility bills. If you're looking for an investment that performs now and has the potential to perform even better tomorrow, 120 Ridgeway Street checks every box -- location, existing income, and built-in upside.
  1. Listed by Jason Heimrich • Brokerage DRE #RB069624 • LUXE Homes Real Estate LLC
    P: (856)-469-1195 C: (856)-469-1195 heimrichj2@gmail.com

Property Details for 120 Ridgeway Street

Architectural Style
Traditional
Zoning Description
R2
Waterfront
No
LISTING UPDATED: 10/16/2025 09:03 AM

Property Details for 120 Ridgeway Street

StatusActive
MLS #SC255219
Days on Market82
Taxes$5,989 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1925
Lot Size0.28 AC / 12,283 SF
CountyMonroe County

Location

Listing Courtesy of LUXE Homes Real Estate LLC
Add your commute

Building Information for 120 Ridgeway Street

Stories2Residences2Year Built1925Building Size-Lot Size0.28 AC / 12,283 SF

Payment Calculator

$2,940 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,441

Property Taxes

$499

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 Ridgeway Street

Summary
Location and General Information
  • Region: East Stroudsburg
  • Municipality: East Stroudsburg
  • Directions: From East Stroudsburg University, head northwest on Normal St toward Prospect St. Turn right onto Prospect St, then left onto Analomink St. Continue for about half a mile, then turn right onto Ridgeway St. 120 Ridgeway St will be on your left -- just minutes from campus and close to downtown East Stroudsburg.
  • City: East Stroudsburg
  • State/Province: PA
  • Postal Code: 18301
  • County: Monroe
  • Latitude: 40.994751
  • Longitude: -75.178341
Taxes and HOA Information
  • Tax Book Number: 05730120927250
  • Tax Assessed Value: 132210
  • Tax Year: 2025
  • Parcel Number: 05-1/2/3/13
  • Tax Annual Amount: $5,988.93
Parking
  • Garage Spaces: 2.00
  • Parking Features: Off Street
School Information
  • School District: East Stroudsburg Area
Property
Lot Information
  • Structure Type: Multi Family
  • Lot Size Acres: .28
  • Lot Size Dimensions: 40x258x67x231
  • Lot Features: Level
  • Living Area: 2841.0
  • Lot Size Area: 0.282
  • Number of Buildings: 1
  • Below Grade Finished Area: 0.0
Property and Assessments
  • Property Information:Basement: Full, Partially Finished
  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Multi Family
  • Property Type Label: Residential Income
  • New Construction: No
  • Construction Materials: Vinyl Siding
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Stories: 2
  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water
  • Flooring: Carpet, Vinyl
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Bedrooms Total: 7
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Exterior Features
  • Foundation Area: .00
Multi Family
Multi-Family Information
  • Number Of Units Total: 2

Property History for 120 Ridgeway Street

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Listed (Active)

PMAR #PM-136531

$494,000—
Oct 7, 2025

Listed (Active)

Greator Scranton Board of REALTORS #SC255219

$494,000—
Jan 28, 2019

Closed

PMAR #PM-63091

$245,000—
Jan 28, 2019

Closed

PMAR #PM-63090

$245,000—
Jan 13, 2019

Pending

PMAR #PM-63091

—
Jan 13, 2019

Pending

PMAR #PM-63090

—
Nov 8, 2018

Listed (Active)

PMAR #PM-63091

$249,900—
Nov 8, 2018

Listed (Active)

PMAR #PM-63090

$249,900—
May 23, 2017

Closed

PMAR #PM-45873

$130,000—
Apr 25, 2017

Pending

PMAR #PM-45873

—
Apr 22, 2017

Listed (Active)

PMAR #PM-45873

$139,900—
DateEvent & SourcePrice
10/15/2025

Listed (Active)

PMAR #PM-136531

$494,000
10/07/2025

Listed (Active)

Greator Scranton Board of REALTORS #SC255219

$494,000
01/28/2019

Closed

PMAR #PM-63091

$245,000
01/28/2019

Closed

PMAR #PM-63090

$245,000
01/13/2019

Pending

PMAR #PM-63091

—
01/13/2019

Pending

PMAR #PM-63090

—
11/08/2018

Listed (Active)

PMAR #PM-63091

$249,900
11/08/2018

Listed (Active)

PMAR #PM-63090

$249,900
05/23/2017

Closed

PMAR #PM-45873

$130,000
04/25/2017

Pending

PMAR #PM-45873

—
04/22/2017

Listed (Active)

PMAR #PM-45873

$139,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 Ridgeway Street

Taxable ValueLand$32,320Additions$99,890Total$132,210
Tax Record2025$1,802 ($150 / month)
Home Facts
Total Finished SqFt2,842 SqFtAbove Grade Finished SqFt1,799 SqFtFinished Basement SqFt1,043 SqFtStories2Lot Size5,663 SqFtStyleDuplexYear Built1925ZoningR-2CountyMONROEAPN05-1.2.3.13

Schools near 120 Ridgeway Street

This home is within East Stroudsburg Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
J M Hill Elementary School
PublicK to 5

J T Lambert Intermediate School
Public6 to 8

East Stroudsburg Shs South
Public9 to 12

Notre Dame Elementary School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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120 Ridgeway Street is a multi-family home for sale in East Stroudsburg, PA 18301. This property was listed for sale on October 7, 2025 by LUXE Homes Real Estate LLC, it's currently listed at $494,000. It has been on the market for a total of 82 days and was last sold on January 28, 2019. This listing's school district is East Stroudsburg Area School District. Nearby schools include J M Hill Elementary School, J T Lambert Intermediate School and East Stroudsburg Shs South. 120 Ridgeway Street is a 7-bed, 2-bath, 2,841 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LUXE Homes Real Estate LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2025 10:07 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.