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Triplex with Detached Garage
New
For Sale
$550,000

491 State Route 32, Wallkill, NY 12589

Residential Income, Wallkill, NY

Property SizeContact for details
Lot Size2.50 Acres
Days on Market2

Property Features for 491 State Route 32

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Parking features Driveway
Basement Finished
Elementary school Leptondale Elementary School
Middle school John G Borden Middle School
High school Wallkill Senior High School
Elementary school district Wallkill
Middle school district Wallkill
High school district Wallkill
Standard status Active
APN 334600-004-000-0002-022.000-0000
Lot size 2.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7032

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Ductless
Water source Well

Building Details

Year built 1940
Number of units 3
Building materials Frame, Stone
Listing Agency: HomeSmart Homes & Estates · HomeSmart International
Listed By: Michael Cahill · License #10401335508
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 9 at 11:06PM
MLS# 1048420

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 three-unit residential property, built in 1940, offers an established multifamily configuration on 2.5 acres in Wallkill. The building uses frame and stone construction and includes a basement, four bedrooms, and three bathrooms. A detached garage adds functional outbuilding space, while the oversized driveway accommodates parking for residents and visitors.

The property is located at 491 State Route 32 in Wallkill, within the Wallkill School District. It is set back from the road and includes open yard area. Major commuter routes, shopping, dining, and recreation are described as nearby. Private well and septic systems serve the property, with electric heating and ductless cooling.

Key Highlights

  • Three occupied residential units
  • 2.5‑acre parcel at 491 State Route 32, Wallkill, NY 12589
  • Detached garage included

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Hair Salon Restaurant Law Firm Garden Center Plumbing Service

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 12589, NY

16,935
Population
5,871
Households
2.9
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
59.5 sq mi
ZIP Area
285
Density / Sq Mi
$118,214
Median Household Income
$55,021
Median Earnings
$1,149
Median Rent
$342,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three occupied units, driveway parking, and a detached garage are set back from the road on a Wallkill School District property.
Where is this triplex located?
The property is located at 491 State Route 32 Wallkill, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three occupied residential units; 2.5‑acre parcel at 491 State Route 32, Wallkill, NY 12589; Detached garage included
More about this property
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