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For sale
    • Price cut: $24.6K (7/1)
    $549,900

    304 Drinker Tpke, Covington Township, PA 18424

    5beds
    6,610sqft
    : 
    $3,606/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    2.03 Acres Lot
    $508,100 Zestimate®
    $83/sqft
    $-- HOA

    What's special

    Commercial spaceRenovated apartments
    Exceptional mixed-use investment opportunity in the heart of the Poconos! This versatile income-producing property offers five potential revenue streams, including four residential units and approximately 3,000 square feet of commercial space, making it an excellent value-add opportunity for investors or owner-occupants. The property features one 3-bedroom apartment, two 1-bedroom apartments, a separate 1-bedroom cottage, and a spacious commercial space previously operated as a daycare. Whether your vision includes professional offices, retail, daycare, service business, or another approved commercial use, the flexible layout provides numerous possibilities. With multiple residential units already established and additional leasing opportunities available, investors have the ability to significantly increase cash flow by stabilizing the property. The separate cottage also provides an ideal option for an owner-occupant to live on-site while generating rental income from the remaining units. Strategically located on Route 435 with excellent visibility and just minutes from Kalahari Resort, Gouldsboro State Park, and Interstates 380, 84, and 81, this property benefits from strong year-round demand generated by the area's tourism, recreation, and local workforce. Whether you're looking to expand your investment portfolio, create multiple income streams, or capitalize on a property with tremendous upside potential, this unique mixed-use opportunity offers the flexibility and long-term value that investors are seeking. Schedule your private tour today and explore the possibilities.
    99 days
    |
    559
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Troxell 484-350-8630,

    Keller Williams Allentown 610-435-1800

    Source: GLVR,MLS#: 774816MLS LogoOriginating MLS: Lehigh Valley MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Primary bedroom
      • Description: Apt 3
      • Level: Second
      • Dimensions: 14.00 x 14.00
      Bedroom
      • Description: Cottage
      • Level: First
      • Dimensions: 11.00 x 10.00
      Bedroom
      • Description: Apt 1
      • Level: Second
      • Dimensions: 9.00 x 13.00
      Bedroom
      • Description: Apt 2
      • Level: Second
      • Dimensions: 10.00 x 13.00
      Bedroom
      • Description: Apt 3
      • Level: Second
      • Dimensions: 14.00 x 11.00
      Primary bathroom
      • Description: Apt 3
      • Level: Second
      • Dimensions: 6.00 x 5.00
      Breakfast room nook
      • Description: Apt 1
      • Level: Second
      • Dimensions: 9.00 x 10.00
      Breakfast room nook
      • Description: Apt 2
      • Level: Second
      • Dimensions: 13.00 x 10.00
      Den
      • Description: Apt 3
      • Level: Second
      • Dimensions: 9.00 x 11.00
      Dining room
      • Description: Apt 3
      • Level: Second
      • Dimensions: 13.00 x 11.00
      Family room
      • Description: Cottage
      • Level: First
      • Dimensions: 10.00 x 13.00
      Family room
      • Description: Apt 3
      • Level: Second
      • Dimensions: 16.00 x 15.00
      Other
      • Description: Cottage
      • Level: First
      • Dimensions: 9.00 x 9.00
      Other
      • Description: Apt 1
      • Level: Second
      • Dimensions: 9.00 x 4.00
      Other
      • Description: Apt 2
      • Level: Second
      • Dimensions: 10.00 x 5.00
      Other
      • Description: Apt 3
      • Level: Second
      • Dimensions: 5.00 x 11.00
      Half bath
      • Description: Commercial Space-Bathroom
      • Level: First
      • Dimensions: 5.00 x 6.00
      Half bath
      • Description: Commercial Space- Bathroom
      • Level: First
      • Dimensions: 5.00 x 6.00
      Kitchen
      • Description: Cottage
      • Level: First
      • Dimensions: 12.00 x 13.00
      Kitchen
      • Description: Apt 1
      • Level: Second
      • Dimensions: 10.00 x 10.00
      Kitchen
      • Description: Apt 2
      • Level: Second
      • Dimensions: 10.00 x 10.00
      Kitchen
      • Description: Apt 3
      • Level: Second
      • Dimensions: 13.00 x 11.00
      Laundry
      • Description: Apt 3
      • Level: Second
      • Dimensions: 5.00 x 5.00
      Living room
      • Description: Cottage
      • Level: First
      • Dimensions: 11.00 x 10.00
      Living room
      • Description: Apt 1
      • Level: Second
      • Dimensions: 16.00 x 10.00
      Living room
      • Description: Apt 2
      • Level: Second
      • Dimensions: 17.00 x 11.00
      Living room
      • Description: Apt 3
      • Level: Second
      • Dimensions: 16.00 x 11.00
      Other
      • Description: Cottage Basement
      • Level: Basement
      • Dimensions: 35.00 x 23.00
      Other
      • Description: Apt 3
      • Level: Second
      • Dimensions: 5.00 x 5.00
      Other
      • Description: Apt 3
      • Level: Second
      • Dimensions: 6.00 x 5.00
      Other
      • Description: Commercial Space- 3000 Sqft
      • Level: First
      • Dimensions: 55.00 x 55.00
      Heating
      • Baseboard, Forced Air, Propane
      Cooling
      • Central Air, Ceiling Fan(s), Wall/Window Unit(s)
      Appliances
      • Included: Dishwasher, Microwave, Oil Water Heater, Refrigerator
      Features
      • Attic, Dining Area, Eat-in Kitchen, Storage
      • Flooring: Carpet, Ceramic Tile, Hardwood
      • Basement: Full
      • Has fireplace: Yes
      • Fireplace features: Family Room
      Interior area
      • Total interior livable area: 6,610 sqft
      • Finished area above ground: 6,610
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway, Off Street, Parking Lot
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Deck, Propane Tank - Leased
      Lot
      • Size: 2.03 Acres
      Details
      • Parcel number: 22701010004
      • On leased land: Yes
      • Zoning: Commercial
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding, Stucco, Vinyl Siding
      • Foundation: Slab
      • Roof: Asphalt,Fiberglass
      Condition
      • Unknown
      • Year built: 1987

      Utilities & green energy

      • Sewer: Public Sewer, Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Not in Development
      Location
      • Region: Covington Township

      Financial & listing details

      • Price per square foot: $83/sqft
      • Tax assessed value: $31,750
      • Annual tax amount: $8,848
      • Date on market: 4/20/2026
      • Cumulative days on market: 107 days
      • Ownership type: Fee Simple

        Estimated market value

        $508,100

        $483,000 - $534,000

        $4,387/mo

        Price history

        DateEventPrice
        7/1/2026Price change$549,900-4.3%$83/sqft
        Source: Bright MLS #PALW2000802 Report a problem
        6/2/2026Price change$574,500-2.5%$87/sqft
        Source: GLVR #774816 Report a problem
        4/20/2026Listed for sale$589,000-1%$89/sqft
        Source: GLVR #774816 Report a problem
        1/17/2026Listing removed$595,000$90/sqft
        Source: PMAR #PM-136015 Report a problem
        11/5/2025Price change$595,000-4.8%$90/sqft
        Source: PMAR #PM-136015 Report a problem
        9/25/2025Listed for sale$625,000+113.3%$95/sqft
        Source: PMAR #PM-136015 Report a problem
        5/8/2012Listing removed$293,000$44/sqft
        Source: Better Homes and Gardens Real Estate Wilkins & Associates #11-4149 Report a problem
        11/3/2011Price change$293,000-9.8%$44/sqft
        Source: Better Homes and Gardens Real Estate Wilkins & Associates #11-4149 Report a problem
        5/13/2011Listed for sale$325,000$49/sqft
        Source: Better Homes and Gardens Real Estate Wilkins & Associates #11-4149 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 18424

        Getting around

        9 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: North Pocono
        • Middle: North Pocono
        • High: North Pocono
        • District: North Pocono

        Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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