Westchester County Real Estate Search

Westchester County Multi-Family Properties for Sale

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Newest Westchester County Multi-Family Homes for Sale

$1,495,000
5 Beds 4 Baths 1006452 MLS
Exceptional mixed-use investment opportunity offering a rare blend of dependable income, historic significance, and long-term appreciation potential in the heart of North Salem. This one-of-a-kind property encompasses three income-producing structures across two mailing addresses and is zoned for both neighborhood business and residential use, providing exceptional flexibility for investors. Ideally situated with immediate access to I-684 and just moments from the Purdy's Metro-North station, the property enjoys outstanding commuter convenience and sustained tenant demand. Located within the highly sought-after North Salem School District, this is a truly unique offering in one of Northern Westchester's most desirable and tightly held communities. Anchoring the property is a striking three-bedroom Craftsman-style residence that lives like a four, believed to have been rebuilt in 1940, offering a rare blend of historic character, craftsmanship, and enduring appeal. The home has been thoughtfully maintained and enhanced through substantial capital improvements, including a newer roof, HVAC system, central air conditioning, and updated septic systems, providing lasting value and operational confidence. One of the property's most distinguished attributes is the historic Purdy's Station Post Office, an irreplaceable community landmark combining rich heritage with dependable long-term tenancy and a cherished community landmark that has served the area for nearly 180 years. Occupied under a long-term lease, the post office provides a stable, government-backed income stream and has been extensively renovated to meet modern operational standards while preserving its historic character. Above the post office, a spacious two-bedroom, one-bath apartment generates additional rental revenue, further strengthening the property's diversified income profile. Adding yet another revenue-generating component is a detached four-car garage, originally built in 1925, with existing leases extending through May 2027. This additional income-producing asset enhances cash flow while presenting future flexibility and potential value-add opportunities. Combining multiple established income streams, long-term tenancy, favorable mixed-use zoning, significant infrastructure improvements, and an irreplaceable location near major transportation corridors and commuter rail service, this is a true legacy asset positioned for both stability and growth. Opportunities of this caliber are exceedingly rare!

1 Main Street, Purdys

$975,000
4 Beds 2 Baths 1007100 MLS
Welcome to this spacious Colonial two-family home in the hills of Yonkers. Built in 1956, the four-bedroom, two-bath property has a nicely renovated upper unit, and is presently configured as two separate residences, one at the main level and the other upstairs. With lovely yards and landscaping, this handsome home has two driveways and two garage spaces, adding flexibility and convenience. The front foyer leads into a main living level that is well laid out. The living room with its gleaming hardwood floors has sunny exposures on two sides, including a triple set of windows along one side. The walk-in kitchen is huge, with wraparound counters, handsome wood cabinetry, and tons of space for a dining table. A kitchen door opens to a small deck with stairs leading down to the backyard. Each bedroom is generously sized, and there’s a windowed hallway bath. Upstairs is a wonderful front living room with windows on two sides and leafy views. There is also a spacious dining room that is open to the updated kitchen with its long counters, upscale appliances, and handsome cabinetry. The bedrooms are similarly sized to the main level, with the primary bedroom offering corner exposures. The hallway bath is quite lovely with its vintage green and black tile. Also worth noting is the home’s extra basement space, including a laundry room. Outdoor spaces are also key to the appeal. The large lot features nicely groomed lawns along with flower beds, shrubs, and gracious shade trees. This residential neighborhood location has easy access to I-87, the Bronx River Parkway, and Metro North train station add to commuter convenience.

191 Hildreth Place, Yonkers

$848,000
4 Beds 3 Baths 1008396 MLS
Two-Family Investment Opportunity – RYE BROOK property at PORT CHESTER prices!! This beautifully maintained two-family home in the highly desirable Rye Brook area offers a rare opportunity for both investors and owner-occupants. Currently generating over $5,200/month in rental income, with rents still below market value. This property presents immediate upside potential. A standout feature is the finished, currently VACANT walk-out basement, previously used as an in-law suite. The First floor tenants have just purchased a new home and will be moving out within the month.This space offers excellent flexibility and can be combined with the first-floor unit to achieve an estimated rental income of $4,200+ per month.The home features two well-appointed residential units, each with in-unit washer and dryer and hardwood floors throughout. The second-floor unit includes carpeting for added sound insulation. Highlights include: Strong Income + Value-Add Potential: Consistent cash flow with room for rent growth Flexible Layout: Ideal for investors, owner-occupants, or multi-generational living Prime Location: Quiet, tree-lined street just minutes to Rye Ridge Shopping Center, downtown Port Chester, Rye, Greenwich, Metro-North, I-287 & I-95 Ample Parking: Off-street parking for up to 6 vehicles Lower-Level Flex Space: Finished walk-out level with rec room, bath, and bonus room—perfect for extended living or recreation Outdoor Appeal: Beautifully landscaped property including Shed for extra storage.This is a rare opportunity to own a versatile, income-producing property in one of Westchester’s most sought-after locations. Don’t miss it! Residual Income , Increasing Equity and Long-Term Appreciation

556 Westchester Avenue, Port Chester

$1,500,000
5 Beds 4 Baths 1004633 MLS
Rare Sleepy Hollow 2-Family Double-Duplex with River & Bridge Views.....!! This opportunity in the heart of historic Sleepy Hollow has been impeccably maintained is perfect for smart investors or owner-occupants looking for financial flexibility. Both spacious units are incredibly clean and feature beautifully updated kitchens and bathrooms, allowing you to move right in. A finished lower walkout level with a separate entrance provides excellent bonus space. The property offers unmatched convenience with a massive driveway that parks over 10 cars, plus a large 5-car detached garage. Best of all, the property is commercially zoned including the separate (detached) building at the rear of the lot which can be utilized in many ways—ideal for a private office or retail business or just collect cars! Location is everything, and this home puts you in the center of it all. You are just steps away from the scenic waterfront, Old Croton Aqueduct, and Rockefeller Preserve trails. Walk to local schools, vibrant shops, and dining. Commuters will love the easy trek to the Metro-North train station. With ongoing village redevelopment boosting long-term value, this is an investment you do not want to miss. Having parking on Beekman Ave. is a premium.....and to state it again so you are clear...this (Double Lot) property hosts a total of 15 cars comfortably. 10 Cars in driveway and 5 cars in the garage. Come see for yourself.....

144 Beekman Avenue, Sleepy Hollow

$1,100,000
8 Beds 5 Baths 1004154 MLS
Discover the potential of this expansive multi-family Colonial located in one of Mount Vernon’s most convenient and sought-after neighborhoods near the Fleetwood section. Offering a rare combination of size, character, and flexibility, 240 N Fulton Avenue is ideals, owner-occupants seeking supplemental income, or investors looking for a strong rental opportunity in an area where multi-family properties continue to see consistent demand and value growth. This generously sized home features 8 bedrooms and 5 bathrooms with oversized living spaces throughout. Each level offers spacious eat-in kitchens, formal dining rooms, bright living rooms, abundant closet space, and beautiful hardwood floors. The second floor showcases a unique raised dining area with a wet bar, along with a sun-filled solarium perfect for that morning cup of coffee or potential conversion to a deck. Original stained-glass windows throughout the home add warmth, charm, and timeless architectural character. Additional highlights include a finished walk-out basement providing even more usable space, individual thermostats on each floor, washer/dryer convenience, and a slate roof that has been maintained within the last two years. Located just moments from Metro-North, major highways, buses, shopping, restaurants, and schools, this property offers the accessibility today’s buyers and tenants are searching for. With recent multi-family sales in the immediate area continuing to support strong market activity, 240 N Fulton Avenue presents an excellent opportunity to own a substantial property with both immediate functionality and long-term income-producing potential.

240 N Fulton Avenue, Fleetwood

$735,000
6 Beds 3 Baths 1001580 MLS
Owner is Motivated and has Authorized a Huge Price Reduction. Prime Mixed-Use Investment Opportunity in the Heart of Port Chester This well-located mixed-use building only 5 minutes away from Greenwich, CT. features two fully occupied residential units generating strong, consistent rental income, with current rents below market value—providing immediate upside potential through future increases. The property also includes a highly versatile ground-floor commercial space offering additional revenue. Formerly a vibrant Italian social club venue, the space is currently operated as a rentable venue for private parties, meetings, and small events. It produces steady supplemental income and represents a valuable built-in revenue stream for investors or owner-users. Notably, most of the bookings have been generated through word-of-mouth alone, with little to no formal advertising. This creates a clear opportunity for growth—by implementing simple marketing strategies such as social media promotion or exterior signage, a new owner could significantly increase visibility, bookings, and overall return on investment. A Simple Sign can be placed outside with a Phone number and type of Bookings available. In addition the room can be set up in a festive mood and encourage possible clients The commercial space features a large open floor plan, kitchen, and half bath—ideal for events or easily adaptable for a wide range of uses, including professional office, medical space, wellness space etc. subject to approvals. With below-market residential rents, an income-producing commercial component, and multiple value-add opportunities through repositioning and marketing, this property presents substantial upside and a compelling investment opportunity.

140 Terrace Avenue, Port Chester

$1,469,000
6 Beds 4 Baths 1000662 MLS
PRICE DROP! MOTIVED SELLER! SCHEDULE YOUR SHOWING TODAY Welcome to 88 Smart Ave in Yonkers — a rare opportunity for investors seeking generational wealth or homeowners dreaming of living virtually mortgage-free. ? This legal two-family home offers endless possibilities and incredible flexibility. The first and second floors feature two spacious apartments — one offering 3 bedrooms and 2 baths, and the other a comfortable 2-bedroom, 2-bath layout. Live in one unit while the rental income from the second helps offset your mortgage and build long-term equity. As you make your way to the lower level, you’ll discover two additional self-contained living spaces with private entrances, ideal for extended family, guests, or additional income potential. One is a cozy studio, while the second is a charming 1-bedroom, 1-bath mini enclave. Situated on an almost double-sized lot, this property has been meticulously maintained by a proud homeowner and offers space, versatility, and exceptional value. But that’s not all — the property also includes a separate office space on the side, perfect for remote work or a home business, along with two spacious garages that add even more convenience and functionality. Whether you are looking for a smart investment, a multi-generational setup, or the perfect place to call home, this property truly checks every box. ?? There is so much more to discover here. Schedule your private showing today and experience everything this exceptional home has to offer!

86 Smart, Yonkers

$800,000
4 Beds 2 Baths 972891 MLS
Welcome to this beautifully maintained two-family duplex, ideally situated on a prominent corner lot in the heart of Mamaroneck. Set along a tranquil channel of the Mamaroneck River, this property offers a rare combination of comfort, convenience, and lifestyle. The first-floor unit features an updated 2-bedroom, 1-bath layout with a bright eat-in kitchen complete with quartz countertops, stainless steel appliances, and a thoughtfully designed layout that offers both comfort and convenience. The second-floor unit offers another inviting 2-bedroom, 1-bath with granite countertops and stainless appliances, a light-filled layout, and a warm, welcoming feel. Step outside to a private backyard patio overlooking the waterway—perfect for morning coffee, relaxing evenings, or casual entertaining. The corner location offers great natural light and an open feel while still providing a charming outdoor space to enjoy. Enjoy all that Mamaroneck has to offer—just minutes to Harbor Island Park, where you’ll find beaches, waterfront trails, open green space, and stunning views of the Long Island Sound. Nearby you’ll also discover vibrant restaurants, cafes, shops, parks, and a true sense of community. With easy access to the Metro-North Railroad, commuting to NYC is simple and convenient. A wonderful opportunity for both homeowners and investors—live comfortably while generating income in one of Westchester’s most desirable waterfront communities.

903 Howard Avenue, Mamaroneck

$1,225,000
8 Beds 3 Baths 984932 MLS
This exceptional multi-family investment opportunity is located on tree-lined Buena Vista Avenue in Southwest Yonkers. The property features a legal 3-family home plus a bonus basement unit, delivering four separate living spaces and outstanding rental income potential in a high-demand area. Each of the three main units offers generous layouts with classic Yonkers character, including spacious bedrooms, living areas, and natural light. The additional bonus basement unit provides flexible options — perfect for extra rental income, extended family, or storage/laundry space with its own entrance. Property Highlights: Unit 1: 3bdr - Paying $2,905/mon Unit 2: 3bdr - Paying $2,900/mon Unit 3: 2bdr - Paying $2,310/mon Basement Unit - 2bdr - Vacant Four income-producing units under one roof (legal 3-family + bonus basement) Strong cash flow potential with separately metered utilities in most units Convenient location near Getty Square, Metro-North stations, shops, restaurants, parks, and major highways (Saw Mill River Parkway & I-87) Off-street parking and/or backyard access available High rental demand in Yonkers with easy access to public transportation and local amenities Whether you're an investor seeking a turnkey cash-flowing asset or a buyer looking to live in one unit while renting out the others, this Buena Vista Avenue property delivers versatility and value. The bonus basement unit sets it apart from standard 3-families, giving you extra flexibility in a competitive market.

138 Buena Vista Avenue, Yonkers

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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.