Poughkeepsie Multifamily Investment Opportunity

161 Union Street, Poughkeepsie, NY 12601

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For Sale

$399,000

MULTI_FAMILY - Poughkeepsie, NY

Lot size:

0.08 Acres

HighLights

Brick 2‑unit home built in 1907 with separate gas and electric meters for each unit
Annual rent roll of $43,848 with both units currently on leases (photos taken during prior vacancies)
Heating: baseboard with natural gas; residents pay their own heat, hot water, and electricity
1st‑floor unit: 2 bedrooms, 1 bath with hardwood floors
Upstairs unit: 2 bedrooms plus a huge loft/flex space on the 3rd floor
Public utilities: public water and public sewer; full unfinished basement with utilities and storage

We can help!

Contact an agent

Matthew Cave

For Sale

$399,000

MULTI_FAMILY - Poughkeepsie, NY

Lot size:

0.08 Acres

Added:: May 20, 2026
Days on Market:: 47
Last Refresh:: Jul 5 at 7:06 pm

Property Features for 161 Union Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 2
Rooms: Bathroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
Parking features: On Street
Interior features: Original Details
Basement: Unfinished
Standard status: Active
APN: 131300-6062-84-907089-0000
Lot size: 0.08 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 8191

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Baseboard, Natural Gas
Water source: Public

Building Details

Year built: 1907
Number of units: 2
Building materials: Brick

We can help!

Contact an agent

Matthew Cave

Listing agent Matthew Cave

Listing office Hudson Property Services, LLC 695 Dutchess Turnpike,Ste. 110, Poughkeepsie, NY

Listing date May 20, 2026

MLS# 1002564 Listing URL

HighLights

Brick 2‑unit home built in 1907 with separate gas and electric meters for each unit
Annual rent roll of $43,848 with both units currently on leases (photos taken during prior vacancies)
Heating: baseboard with natural gas; residents pay their own heat, hot water, and electricity
1st‑floor unit: 2 bedrooms, 1 bath with hardwood floors
Upstairs unit: 2 bedrooms plus a huge loft/flex space on the 3rd floor
Public utilities: public water and public sewer; full unfinished basement with utilities and storage

Overview

This two-unit home presents a fantastic investment opportunity in Poughkeepsie. The property is centrally located near the Poughkeepsie train station, waterfront, Walkway Over The Hudson, Mid-Hudson Bridge, and Route 9. The first floor features a two-bedroom, one-bath apartment with hardwood floors and a modern vibe. The upstairs apartment includes two bedrooms and a large loft/flex space on the third floor. The property includes a large, level backyard and a full unfinished basement with utilities and storage space. Each unit has separate gas and electric meters, with residents responsible for their own heat, hot water, and electricity. Both units are currently on leases, generating an annual rent roll of $43,848. A brand new roof with a 50-year warranty has been installed. This well-maintained income property is situated in a trending downtown location and is suitable for multifamily or residential income purposes.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Poughkeepsie
County: Dutchess
State: New York
Longitude: -73.933532
Latitude: 41.703688

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For sale
Duplexes
NY
Poughkeepsie
12601
161 Union Street

What type of property is this?

Duplex - Two-unit property near transportation and amenities with strong rental income.

Where is this duplex located?

The property is located at 161 Union Street Poughkeepsie, NY.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Brick 2‑unit home built in 1907 with separate gas and electric meters for each unit; Annual rent roll of $43,848 with both units currently on leases (photos taken during prior vacancies); Heating: baseboard with natural gas; residents pay their own heat, hot water, and electricity

161 Union Street, Poughkeepsie, NY 12601

MULTI_FAMILY - Poughkeepsie, NY

Property Features for 161 Union Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flex Building with C-3 Zoning

Poughkeepsie Commercial Property For Sale

Turn-Key Office Building

Mixed-Use Retail Building with Parking

Freestanding Liquor and Deli Store

Office Building Needing Full Restoration

Single-Tenant Restaurant & Bar Building

Warehouse with Office Buildout

Office Warehouse Building with Elevator

Flex Industrial Building Zoned C-3

Poughkeepsie Colonial Two-Family Home

Mixed-Use Downtown Building with Bar

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