260 Terrace Street, Honesdale, PA 18431
$299,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
2
Square Footage:
1,974
Status:
Active
Current Price:
$299,000
List Date:
2/22/2026
Last Modified:
2/22/2026
Overview
Description
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.
Listing Details MLS# PW-260328
General Property Information
- Number Of Buildings
- Yes
- Number Of Units Total
- 2
- Bedrooms Total
- 6
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Above Grade Finished Area
- 1974
- Below Grade Finished Area
- 800
- Living Area
- 1974
- Year Built
- 1869
- Year Built Source
- Public Records
- New Construction YN
- No
- Garage YN
- Yes
- Garage Spaces
- 2
- Lot Size Acres
- 0.25
- Lot Size Dimensions
- 157’x 84’x 153’ x 83’
- Association YN
- No
- Waterfront YN
- No
- Water Body Name
- None
- Stories
- 2
- List Price/SqFt
- 151.47
- Bathrooms Half
- 0
Property Features
Appliances:
Electric Oven; Refrigerator; Washer/Dryer
Architectural Style:
Duplex Up & Down
Basement:
Full; Unfinished; Walk-Out Access
Cooling:
Ceiling Fan(s)
Current Use:
Multi-Family
Flooring:
Carpet; Luxury Vinyl
Heating:
Electric
Laundry Features:
Common Area; In Basement; Laundry Room
Levels:
Two
Owner Pays:
Exterior Maintenance; Insurance; Sewer; Snow Removal; Taxes
Parking Features:
Detached; Garage; Off Street
Patio And Porch Features:
Enclosed; Front Porch; Rear Porch
Road Responsibility:
Public Maintained Road
Sewer:
Public Sewer
Structure Type:
Duplex
Tenant Pays:
Electricity; Trash Collection; Water
Water Source:
Public
Contract Information
- Listing Contract Date
- 2026-02-22
- Property Sub Type
- Multi Family
- Listing Service
- Full Service
Location Tax and Legal
- Street Number
- 260
- Street Name
- Terrace
- Street Suffix
- Street
- County
- Wayne
- State
- PA
- Postal Code
- 18431
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- 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.
Status Change Information
- Major Change Timestamp
- 2026-02-22T15:03:10Z
- Major Change Type
- New Listing
More Information
Unit 1
- Unit #
- Yes
- Actual Rent
- 1050
- Security Deposit $
- 1050
- SqFt Total
- 1004
- Rooms Total
- 6
- Dining Room YN
- No
- Kitchen YN
- Yes
- Living Room YN
- Yes
- Occupied YN
- Yes
- Lease Expiration Date
- 2026-10-31
Unit 2
- Unit #
- 2
- Actual Rent
- 1250
- Security Deposit $
- 1250
- SqFt Total
- 943
- Rooms Total
- 7
- Dining Room YN
- No
- Kitchen YN
- Yes
- Living Room YN
- Yes
- Occupied YN
- Yes
- Lease Expiration Date
- 2026-12-31
Location, Tax, and Legal
- Municipality
- Honesdale Borough
- High School District
- Wayne Highlands
- County Tax Amount
- 525.24
- Municipal Tax Amount
- 1143.06
- School Tax Amount
- 1970.35
- Tax Annual Amount
- 3638.65
- Tax Assessed Value
- 150800
- Parcel Number
- 11-0-0011-0125
- Tax Book Number
- R-5809/264
Appliances
- Electric Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Architectural Style
- Duplex Up & Down
- Yes
Basement
- Full
- Yes
- Unfinished
- Yes
- Walk-Out Access
- Yes
Cooling
- Ceiling Fan(s)
- Yes
Current Use
- Multi-Family
- Yes
Flooring
- Carpet
- Yes
- Luxury Vinyl
- Yes
Heating
- Electric
- Yes
Laundry Features
- Common Area
- Yes
- In Basement
- Yes
- Laundry Room
- Yes
Levels
- Two
- Yes
Oil, Gas and Mineral Rights
- Property Subject To Lease
- No
Parking Features
- Detached
- Yes
- Garage
- Yes
- Off Street
- Yes
Patio And Porch Features
- Enclosed
- Yes
- Front Porch
- Yes
- Rear Porch
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Sewer
- Public Sewer
- Yes
Structure Type
- Duplex
- Yes
Water Source
- Public
- Yes
Owner Pays
- Exterior Maintenance
- Yes
- Insurance
- Yes
- Sewer
- Yes
- Snow Removal
- Yes
- Taxes
- Yes
Tenant Pays
- Electricity
- Yes
- Trash Collection
- Yes
- Water
- Yes
Documents
Listing Office:
SIX PM LLC
Last Updated: February - 22 - 2026
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