Triplex Property with Renovation
For Sale
$399,900
37 Monhagen Avenue, Middletown, NY 10940
Residential Income, Middletown, NY
Property Size2,151 SF
Lot Size0.40 Acres
Price / SF$185.91
Days on Market82
Property Features for 37 Monhagen Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking features
Off Street, Garage
Basement
Partial
Elementary school
Maple Hill Elementary School
Middle school
Monhagen Middle School
High school
Middletown High School
Elementary school district
Middletown
Middle school district
Middletown
High school district
Middletown
Standard status
Active
APN
330900-030-000-0004-002.000-0000
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6640
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1890
Number of units
3
Building materials
Wood Siding
Listing Agency:
KW Hudson Valley United · Keller Williams Realty
(845) 610-6065
Listed By:
Isaiah Lopez · License #10401313624
(845) 775-7033
Added: Jun 11
Changed: Aug 20
Last Checked: Aug 31 at 1:06PM
MLS# 1002381
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,151-square-foot multifamily property in Middletown is positioned on 0.4044 acres and includes five bedrooms, three full bathrooms, a basement, rear deck, and level backyard. The wood-sided structure was built in 1890 and has forced-air natural gas heat, window or wall units for cooling, public water, and public sewer. Off-street parking and a garage provide on-site parking capacity.
The property was previously configured as three units, while city guidelines require future use as a two-family residence. Substantial repairs and updates are needed, and building plans are available for the first-floor renovation. Located near shopping, restaurants, schools, healthcare facilities, public transportation, and major commuter routes, the property offers a renovation project with multifamily functionality and rental-income potential.
The property was previously configured as three units, while city guidelines require future use as a two-family residence. Substantial repairs and updates are needed, and building plans are available for the first-floor renovation. Located near shopping, restaurants, schools, healthcare facilities, public transportation, and major commuter routes, the property offers a renovation project with multifamily functionality and rental-income potential.
Key Highlights
- 2,151‑square‑foot multifamily property on 0.4044 acres
- Previously configured as three units; future use required as a two‑family residence
- Five bedrooms, three full bathrooms, basement, rear deck, and level backyard
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
Explore this area
Business Placement
Demographics for 10940, NY
52,803
Population
19,930
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
63.1 sq mi
ZIP Area
837
Density / Sq Mi
$87,198
Median Household Income
$46,435
Median Earnings
$1,600
Median Rent
$301,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Wood-sided multifamily property with public utilities, off-street parking, and a level backyard in Middletown.
Where is this triplex located?
The property is located at 37 Monhagen Avenue Middletown, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,151‑square‑foot multifamily property on 0.4044 acres; Previously configured as three units; future use required as a two‑family residence; Five bedrooms, three full bathrooms, basement, rear deck, and level backyard
