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Poughkeepsie Multifamily Investment Opportunity
For Sale
$575,000

296 Mill Street, Poughkeepsie, NY 12601

Well-maintained multifamily property with strong rental potential in Poughkeepsie.

Property SizeContact for details
Days on Market160

Property Features for 296 Mill Street

General Information

Standard status Active
Property subtype Quadruplex

Amenities

Baseboard
Natural Gas
See Remarks

Building Details

Year Built 1920
Listing Agency: eRealty Advisors, Inc
Listed By: Yesenia Pagan · License #10401360728
Source: Kw
Added: Mar 17 Changed: Aug 23 Last Checked: Aug 23 at 6:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eRealty Advisors, Inc

Investment Insights

Based on property information with market context.

This multi-family property is located in Poughkeepsie, offering an opportunity for investors or owner-occupants. The property is described as turn-key and well-maintained, suggesting it is ready for immediate occupancy or rental. The location offers strong rental potential due to high rental demand in the area. It is conveniently located near shops, restaurants, public transportation, and the Mid-Hudson Bridge, making it suitable for commuters and tenants. The property is being sold as-is. The location has a walk score of 63, indicating it is somewhat walkable, a transit score of 52, indicating good transit options, and a bike score of 30, indicating it is somewhat bikeable.

Key Highlights

  • Multi‑family property: Ideal for investors or owner‑occupants.
  • Turn‑key and well‑maintained: Ready for immediate occupancy and rental income.
  • Strong rental potential: Located in an area with high rental demand.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Gym & Fitness Center Garden Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,348
Businesses Nearby

Demographics for 12601, NY

44,264
Population
17,972
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
18.3 sq mi
ZIP Area
2,419
Density / Sq Mi
$64,769
Median Household Income
$37,259
Median Earnings
$1,376
Median Rent
$275,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Well-maintained multifamily property with strong rental potential in Poughkeepsie.
Where is this multifamily property located?
The property is located at 296 Mill Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Multi‑family property: Ideal for investors or owner‑occupants.; Turn‑key and well‑maintained: Ready for immediate occupancy and rental income.; Strong rental potential: Located in an area with high rental demand.
More about this property
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