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Three-Unit Multifamily Property
New
For Sale
$575,000

41 Kelder Highway, Olivebridge, NY 12461

Residential Income, Olivebridge, NY

Property Size3,398 SF
Lot Size3.00 Acres
Price / SF$169.22
Days on Market1

Property Features for 41 Kelder Highway

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning 03
Zoning description Multi Res (03-RE1)
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 7, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 2
Parking features Driveway, Garage, Paved or Surfaced
Patio and Porch features Porch, Patio
Interior features 3 Seasons Room, Storage
Appliances Washer, Refrigerator, Range, Dryer
Lot features Back Yard, Front Yard, Garden, Irregular Lot, Landscaped, Level, Wooded
Elementary school district Onteora Central School District
Middle school district Onteora Central School District
High school district Onteora Central School District
Directions From Stone Ridge take County Route 2 to Olivebridge. Kelder Road on the left. Property on the left. Sign on.
Subdivision Olive
Standard status Active
APN 53.4-1-44.10
Size 3,398 SF
Lot size 3.00 Acres

Taxes and HOA fees

Tax Description 400005300400010441000000
Tax Annual Amount 7117
Legal Description 400005300400010441000000

Utilities

Sewer type Septic Tank
Heating system Baseboard, Oil
Water source Well

Building Details

Year built 1925
Floors in Building 1
Number of units 3
Flooring type Hardwood
Building materials Brick
Roof type Shingle
Architectural style Cottage, Ranch
Additional Structures Outbuilding, Storage
Listing Agency: Halter Associates Realty
Listed By: Darlene Griffin
Added: Sep 11 Last Checked: Sep 11 at 4:06PM
MLS# 20265305

Copyright © 2026 Hudson Valley Catskill Region 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 3,398-square-foot multifamily property includes three separate rental units: a duplex with two apartments and a stand-alone cottage. The improvements sit on 3 acres and include an attached two-car garage, plus a detached building that is currently gutted and used for storage. Brick construction, hardwood flooring, porches, a patio, and a three-seasons room add to the property's physical character. Appliances include a washer, dryer, refrigerator, and range.

Located at 41 Kelder Highway in Olivebridge, the property uses a well and septic tank. Built in 1925, it features baseboard heat fueled by oil, a shingle roof, driveway parking, and paved or surfaced parking areas. The property also includes substantial stonework, along with separate storage and utility areas.

Key Highlights

  • Three separate rental units: a duplex with two apartments plus a stand‑alone cottage
  • 3 acres with a 3,398‑square‑foot multifamily property
  • Attached two‑car garage and detached gutted building used for storage

Property Analytics

Current Use

Duplexes

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 12461, NY

1,661
Population
903
Households
1.8
Avg Household Size
49
Median Age
50%
College-Educated
97%
High-School Grad
18.4 sq mi
ZIP Area
90
Density / Sq Mi
$95,545
Median Household Income
$29,438
Median Earnings
$2,077
Median Rent
$404,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Duplex and detached cottage provide three separate rental units with additional storage and garage space.
Where is this multifamily property located?
The property is located at 41 Kelder Highway Olivebridge, 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: Three separate rental units: a duplex with two apartments plus a stand‑alone cottage; 3 acres with a 3,398‑square‑foot multifamily property; Attached two‑car garage and detached gutted building used for storage
More about this property
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