New Rochelle Multi-Family Properties for Sale

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Newest New Rochelle Multi-Family Homes for Sale

$1,150,000

5 Beds ⋅ 3 Baths ⋅ 1025839 MLS

Exceptional opportunity to own a beautifully updated two-family home offering spacious living, modern upgrades, and outstanding flexibility for both homeowners and investors. The first-floor apartment features a bright and inviting layout with two bedrooms, one full bath, an updated kitchen, and an open living room/dining area. The fully finished basement expands the living space with an additional full bath, laundry area, and convenient access to the private rear yard, making it ideal for recreation, a home office, or extended living. The second-floor apartment offers three bedrooms, one full bath, an updated kitchen, and a spacious living room/dining area as well as walk-up access to an approximately 800-square-foot unfinished attic, presenting exceptional storage space or future expansion potential (with proper permits). This move-in-ready property has been thoughtfully renovated with numerous improvements, including updated plumbing and electrical systems, two beautifully renovated kitchens, three updated bathrooms, replaced window screens, updated interior doors, molding and trim, and fresh paint throughout the entire interior and exterior. Both kitchens are equipped with brand-new stainless-steel appliances, including a range, refrigerator, dishwasher, and microwave. Refinished and updated hardwood floors throughout add warmth and timeless appeal. Whether you're seeking a multi-generational home, an owner-occupied investment with rental income, or a valuable addition to your real estate portfolio, this meticulously maintained property offers the perfect combination of comfort, style, and income-producing potential.

118 Pershing Avenue, New Rochelle

$1,475,000

6 Beds ⋅ 5 Baths ⋅ 1006681 MLS

309 Pelham Rd and 104 Leland Ave are a rare opportunity for 2 back-to-back townhouses on one property. This is a unique investment property or Home with second income potential These units are located on the same property. This income-generating property will pay for itself. Whether you’re an investor or seeking a home with rental potential, the spacious property comprises two units totaling 5600 Sqft. Both units have it all. Each unit features separate entrances, making it perfect for generating rental income. Both units boast soaring high ceilings, updated kitchens with modern appliances and sleek granite countertops, and tastefully renovated bathrooms. Gorgeous hardwood floors run throughout, with washer/dryer hookups in each unit for added convenience. The 309 unit has a in law apartment with full bath a private entrance. Separate electric meters for each unit, along with a shared water meter, ensure complete privacy and utility control. The property also offers a beautifully manicured private backyard with evergreen privacy hedge along Pelham Rd and Leyland Ave. Each unit has their own one car garage with driveway parking as well and a new outdoor deck was added to the 104 Leyland Ave unit recently. . Conveniently located near schools, parks, shopping, and public transportation and City Island, with easy access to major highways and commuter routes 30 mins to Manhattan. Enjoy peace and quiet in this friendly neighborhood, just steps from Water.

309 Pelham Road, New Rochelle

$799,000

4 Beds ⋅ 3 Baths ⋅ 1026526 MLS

Legal two-family home in the heart of New Rochelle, just 0.7 miles to the train and moments from dining, shopping, and major highways. This well located property offers a strong opportunity for an owner-occupant seeking space and rental income in a highly convenient setting. The first floor unit features two bedrooms, an office, a living room, formal dining room, kitchen and a full bath. The basement includes a toilet room, partially finished space, and additional storage. The second floor unit is occupied by a month-to-month tenant and offers two bedrooms, a spacious living room, a nicely sized primary bedroom, and a full bath. The third level provides an additional bedroom, office space, and storage, adding flexibility to the layout. This home is well maintained and fully functional, offering the opportunity to personalize and enhance over time. A long driveway leads to a detached two-car garage, providing ample off-street parking, a valuable feature in this central location. A solid combination of location, income, and future potential.

24 5th Avenue, New Rochelle

$950,000

6 Beds ⋅ 2 Baths ⋅ 1023498 MLS

Welcome to 148 Lincoln Avenue, a well-maintained two-family duplex in the heart of New Rochelle, offering both comfort and convenience in a prime location. This side by side property features two spacious units, each with its own private entrance, providing the perfect setup for extended living or added privacy. Each unit offers three generously sized bedrooms, creating a total of six bedrooms across the home. The layouts are thoughtfully designed to maximize space and functionality, making them ideal for everyday living. The home also features a finished basement, perfect for recreation, entertaining, or creating a comfortable space to enjoy time with friends. Situated on a 5,227 sq ft lot, this property includes a (2) car attached parking setup and is conveniently located near public transportation, major roadways, shopping, and everyday amenities making commuting and daily errands effortless. Built in 1989 with a contemporary style, the home offers eat in kitchens, natural gas heating, public water and sewer, and tenant-paid electricity. Whether you're looking for a primary residence with additional living space or a smart investment opportunity, this property offers versatility, location, and value all in one. Roof is under 2 years old.

148 Lincoln Avenue, New Rochelle

$1,199,999

6 Beds ⋅ 2 Baths ⋅ 1023301 MLS

Nestled in the highly sought-after Residence Park neighborhood—one of New Rochelle’s most prestigious and desirable enclaves—this stunning two-family home at 285 Center Avenue offers an exceptional blend of timeless charm, modern upgrades, and versatile income potential. Set on an oversized, beautifully landscaped lot filled with mature trees, lush grass, and thoughtful plantings, the property welcomes you through a dramatic stone wall and ornate wrought-iron gate that sets the tone for the pride of ownership evident throughout. This beautifully maintained and upgraded multifamily is truly one of the most impressive in Westchester County. It features a spacious 3-bedroom, 1-bath unit over another 3-bedroom, 1-bath unit, plus a generous finished walkout lower level—ideal for an extended family, additional rental income, or flexible living space. Both upper units enjoy classic layouts with abundant natural light, while the walkout provides seamless indoor-outdoor flow. Step outside to discover a true private oasis: a sprawling backyard complete with a large wooden pergola shading a generous stone patio, perfect for entertaining or relaxing under the sky. Multiple seating areas, vibrant landscaping, and towering evergreens create a serene, park-like setting. A expansive deck off the second level offers additional outdoor living space with picturesque views. Parking for up to six cars on the paved masonry driveway and turnaround makes daily life effortless. Inside, recent updates shine through, including a brand-new roof and meticulous maintenance that shows in every detail—from the bright, updated bathrooms with contemporary finishes and glass showers to the warm, inviting living and dining areas with hardwood floors and elegant touches. The home will be delivered fully vacant, allowing immediate occupancy or rental setup. Just minutes’ walk to the waterfront, Metro-North station, and Isaac E. Young Middle School, with a short drive to shops, dining, and all that New Rochelle and Westchester have to offer, 285 Center Avenue is a rare gem. Whether you’re an investor seeking strong rental income or a homeowner looking for space and lifestyle, this property delivers on every level. A true standout in one of the county’s finest neighborhoods. Will be delivered Vacant!

285 Centre Avenue, New Rochelle

$699,000

4 Beds ⋅ 2 Baths ⋅ 1020647 MLS

Excellent opportunity to own a two-family home in the heart of New Rochelle, ideal for both owner-occupants and investors. The home includes one 1-bedroom, 1-bath unit and one 3-bedroom, 1-bath unit, offering excellent potential for rental income, multi-generational living, or the flexibility to live in one unit while renting the other. A detached 2-car garage provides valuable off-street parking and additional storage, while the backyard offers plenty of space for outdoor entertaining, gardening, or relaxing. Conveniently located near shops, restaurants, parks, public transportation, and major commuter routes, this property offers a practical layout and everyday convenience.

113 Rhodes Street, New Rochelle

$1,025,000

6 Beds ⋅ 4 Baths ⋅ 1021070 MLS

** Best & Final offers due by Friday 7/10/26 @ 7pm.** Welcome home to your perfect multi-family in the heart of New Rochelle! This two family property has flexibility to live in one unit while renting out the other or for anyone looking for an investment property. This home features a two 3 bedrooms, 2 full bathrooms unit on each floor with a fully finished, walk out basement with its own separate entrance. The property has a fenced in yard that features a patio area perfect for making memories for many years to come; a true hostess dream! Last but certainly not least, the house has a fully insulated finished 2 car garage just in case this winter isn't nice to us & a driveway that car hold 4 additional vehicles! This home is will not last so reach out today to schedule a private showing! House is being sold as-is; inspection will be done for informational purposes only.

738 pelhamdale Avenue, New Rochelle

$1,149,000

1002084 MLS

Prime Mixed-Use Property in the Heart of New Rochelle (10801) Just a 5-minute walk to downtown and the train station, this well-located mixed-use building offers strong rental potential and long-term value. Property Features: Ground floor: Approx. 2,800 sq ft restaurant space currently operating as a Cocina Mexicana & Tequila Bar, with seating approved for 84 guests and a 14-seat bar. The spacious layout is also ideal for hosting events. Second floor: Two residential units — one 1-bedroom apartment and one 2-bedroom apartment. Current Lease Details: Restaurant: $3,394/month. Tenants cover 50% of any property tax increase over the 2021 base year. Rent is below market rate due to a $200,000 renovation investment by the restaurant owner in 2021. Lease term runs through 2029. 1-Bedroom Apartment: $1,500/month 2-Bedroom Apartment: $2,500/month Additional Notes: All units have separate utility meters. Tenants are responsible for their own heating and electricity.

94 Union Avenue, New Rochelle

$1,299,999

6 Beds ⋅ 6 Baths ⋅ 983173 MLS

Exceptional opportunity to own a well-maintained legal 2-family home in the heart of New Rochelle. Offering over 3,000 sq ft of living space, this spacious property features two generously sized units, each with 3 bedrooms and 2 full bathrooms—ideal for both homeowners and investors alike. Each unit offers a comfortable layout with carpeted living areas and bedrooms, with hardwood flooring underneath, providing added value and flexibility. In-unit laundry is available in both units for everyday convenience. The fully finished lower level adds approximately 1,300+ sq ft of additional legal living space, complete with three rooms and two full bathrooms, along with independent heating and cooling—perfect for extended living or versatile use. Recent updates include a new roof (2024), and the home is equipped with central air conditioning. A driveway accommodates up to 3 vehicles. Conveniently located near major transportation, shopping, dining, and just minutes from Iona University, this property offers the perfect combination of space, functionality, and prime location. A rare opportunity with size, flexibility, and location.

276 5th Avenue, New Rochelle

$577,300

2 Beds ⋅ 3 Baths ⋅ 983074 MLS

egal 3-family property located in New Rochelle. This pre-war multifamily offers approximately 1,744 sq ft of living space and is situated in a well-established urban neighborhood with close proximity to transportation, schools, parks, and neighborhood shopping. The area shows strong market activity with increasing values and typical marketing times under three months for competitively priced properties. Excellent opportunity for investors seeking long-term rental income or value-add potential. Property is being sold as-is.

59 Crescent Avenue, New Rochelle

$739,000

4 Beds ⋅ 2 Baths ⋅ 980069 MLS

Charming Two-Family Home in the Heart of New Rochelle This bright and sunny two-family residence is ideally located just steps from New Rochelle’s vibrant downtown and the Metro-North train station—only 35 minutes to Grand Central Station! Property Features: Spacious, fully fenced flat backyard — perfect for gatherings and outdoor entertaining Legal layout includes: Second Floor: 1-bedroom / 1-bathroom unit First Floor: 3-bedroom / 1-bathroom unit Bonus Space: Finished above-ground basement with a full bathroom and private street-level entrance — ideal for a home office, studio, or guest suite Financial Highlights: Monthly Rent Roll: $1,660 (1-bed) + $2,900 (3-bed) Both units are currently month-to-month leases Low property taxes A rare opportunity to own a versatile and income-producing property in one of Westchester’s most desirable commuter-friendly neighborhoods!

21 Drake Avenue, New Rochelle

$1,060,000

4 Beds ⋅ 2 Baths ⋅ 944514 MLS

This is a fantastic property for either an investor or for living and renting one unit. Plenty of parking space. Two-car garage, large private backyard. Centrally located on a tree-lined street. Large eat-in kitchens. Both units are very well-maintained. Must view the property to appreciate.

168 Stephenson Boulevard, New Rochelle

$1,125,000

8 Beds ⋅ 4 Baths ⋅ 894844 MLS

A versatile property currently leased to Iona University tenants. The home features a separate two-car garage rented on a month-to-month basis, offering additional income potential. Bonus features include coin-operated laundry machines included in the sale, adding further revenue opportunity. Whether you're looking to invest or live in a prime location close to campus, shopping, and transportation—this property is a smart move.

308 5th Avenue, New Rochelle

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.