Search
Legal Three-Family Triplex
For Sale
$1,399,000

314 S 5th ave, Mount Vernon, NY 10550

Residential Income, Mount Vernon, NY

Property SizeContact for details
Lot Size0.16 Acres
Days on Market62

Property Features for 314 S 5th ave

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features Driveway
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Basement Walk-Out Access, Finished, Full
Elementary school Cecil H Parker School
Middle school Benjamin Turner Middle School
High school Mt Vernon High School
Elementary school district Mount Vernon
Middle school district Mount Vernon
High school district Mount Vernon
Directions google
Standard status Active
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 21032

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Cooling system Electric, Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1960
Number of units 3
Building materials Stucco
Listing Agency: Vision Homes Real Estate LLC
Listed By: Avnish Kumar · License #10491209469
Added: Jun 22 Changed: Aug 20 Last Checked: Aug 22 at 11:06AM
MLS# 1016683

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.

314 S 5th Avenue is a well-maintained legal three-family triplex built in 1960. The property features stucco construction, public water, and public sewer service. Heating is provided by baseboard systems with natural gas, and cooling is via window unit and wall/window unit systems, plus electric cooling.

The three apartments have been renovated within the last two years, and the home includes a private driveway and a detached garage. A finished basement is currently vacant and can support storage, recreation, or other uses.

Interior features listed include a first-floor bedroom, a first-floor full bath, and an eat-in kitchen. The property includes a basement room, and it is served with base utilities already in place for day-to-day operation.

Key Highlights

  • Legal three‑family triplex with renovations completed within the last two years
  • 0.1561‑acre lot with private driveway parking
  • Detached garage plus finished basement currently vacant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Real Estate Agency Tech Support Center Computer & Electronic Repair

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,838
Businesses Nearby

Demographics for 10550, NY

41,137
Population
16,865
Households
2.4
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
2.0 sq mi
ZIP Area
20,569
Density / Sq Mi
$56,903
Median Household Income
$43,733
Median Earnings
$1,451
Median Rent
$482,600
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Legal three-family triplex with apartments renovated within the last two years and a private driveway.
Where is this triplex located?
The property is located at 314 S 5th ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Legal three‑family triplex with renovations completed within the last two years; 0.1561‑acre lot with private driveway parking; Detached garage plus finished basement currently vacant
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message