260 Terrace Street Honesdale, PA $ 299,000
260 Terrace Street
$ 299,000
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260 Terrace Street

Honesdale, PA, 18431
$ 299,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,841

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Multi-Family Home for sale in Honesdale, PA

for $299,000 with 6 bedrooms and 2 full baths. This home was built in 1869 on a lot size of 0.25.

Located in the heart of charming Honesdale, this well-situated duplex sits conveniently between the schools and Main Street, offering walkability and long-term rental appeal. The property features two spacious units, each offering 3 bedrooms, generous living areas, and ample storage throughout.Tenants enjoy a shared basement laundry area equipped with individual washer and dryer hookups for each unit, adding everyday convenience and value. Outside, the property includes off-street parking and a large detached two-car garage -- a rare bonus for in-town living.With a current annual gross income of $27,600, this property presents a solid opportunity for investors seeking steady returns, or for an owner-occupant looking to offset living expenses while building equity in a desirable location. Tenants pay electric and water and garbage.

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Multi-Family Active

Price

$ 299,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,638

Style

Duplex Up & Down

Lot Size

0.25

Year Built

1869

Town/City

Honesdale

County/Region

Wayne

MLS | Web ID

PW260328

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s)
Appliances Electric Oven Refrigerator Washer/Dryer
Garage Spaces 2
Patio/Porch Features Enclosed Rear Porch Front Porch
Architectural Style Duplex Up & Down
Year Built 1869
Tenant Pays Electricity Water Trash Collection
Stories Count 2
Levels Two
Property Subtype Multi Family
Current Use Multi-Family
County Wayne
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N Y
Full Baths 2
Status Active
Directions From Honesdale Take Main Street Turn Right onto 4th Street. Then Right onto Terrace Street..House on Right up Hill.
City Honesdale
Body of Water None
High School District Wayne Highlands
Number Of Units Total 2
Tax Annual Amount 3638.65
Virtual Tour https://youtu.be/qJc5yzveNsU https://youtu.be/qJc5yzveNsU
Structure Type Duplex
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 150800
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Interior
Basement Full Unfinished Walk-Out Access
Flooring Carpet Luxury Vinyl
Above Grade Finished Area 1974
Half Baths 0
Laundry Features Common Area Laundry Room In Basement
Total Bedrooms 6
Below Grade Finished Area 800
Total Baths 2
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Exterior
Parking Features Detached Garage Off Street
Water Source Public
Number of Buildings 1
Lot Dimensions 157'x 84'x 153' x 83'
Lot Size Acres 0.25
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Six Pm Llc

Broker

jwatson@thesixpm.com

Email

Affordability Calculator

$2,144
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,841
Monthly Property Taxes
$303
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2507506 Elementary School
2507509 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/22/2026$299,000 Listed Price

Map


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260 Terrace Street, Honesdale, PA, 18431 is a Multi-Family Home for sale at $299,000 with a lot size of 0.25. 260 Terrace Street has 6 bedrooms, 2.0 baths, and was built in 1869. The property's zip code is 18431 which is in Honesdale, PA