Rhinebeck, NY Multifamily properties for sale

Updated: May 1

Rhinebeck Three-Family Investment Opportunity

12 S Parsonage Street, Rhinebeck, NY 12572

$719,000

3,444 sqft

Prime Investment Opportunity: Rare three‑family rental property in the Village of Rhinebeck.
Fully Occupied: Ensures immediate rental income.
Desirable Location: Close to the Village of Rhinebeck in a quiet neighborhood with a park across the street.
Separate Electric Meters: Simplifies utility management and billing.
Washer and Dryer in Every Unit: Highly desirable amenity for tenants.

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This listing looks promising.

Here's a quick look at some key insights for

12 S Parsonage Street, Rhinebeck, NY 12572

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$64K
Annual
Price @ 7% Cap

$913K
Above asking
Property Type

Triplex
Built 1946

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Updated: Apr 24

18-Unit Garden-Style Apartment Complex

1-18 Willow Way, Rhinebeck, NY 12572

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Well‑maintained 18‑unit garden‑style apartment complex
Unit mix includes 14 two‑bedroom units, 3 one‑bedroom plus den units, and 1 studio unit
Includes a two‑car garage
Offers a mix of layouts, including ground‑floor flats and two‑level townhome‑style units with 2 bedrooms and 1.5 baths
Plenty of parking for tenants and guests

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Rhinebeck, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Detached Two-Car Garage

195 North Street, Kingston, NY 12401

$279,900

1,520 sqft 0.06 AC lot

Two-family duplex with a detached two-car garage, porch, public water and sewer, and recent exterior and mechanical updates.

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Mixed-Use Building with Retail Space

14 East Market Street, Red Hook, NY 12571

Contact for pricing

20,870 sqft

The property combines apartment units and retail spaces within General Business zoning.

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Kingston Two-Family Home with Garage

195 North Street, Kingston, NY 12401

$279,900

1,520 sqft

Two-unit property with recent upgrades and garage in Kingston.

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Red Hook Mixed-Use Property

7476 S Broadway, Red Hook, NY 12571

$810,000

Three-unit mixed-use property in Red Hook, renovated in 2024.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

89 Acres Vacant Land Catskill

300 Game Farm Road, Catskill, NY 12414

$899,900

89.06 AC lot

89 acres of vacant land near Catskill Game Farm.

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Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000

75.32 AC lot

75+ acre land parcel with garage near I-84.

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Off-Market Properties in Rhinebeck, NY

Consider similar Off-Market properties in Rhinebeck, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

CAMPGROUND, RV PARK

428 Lk Dr, Rhinebeck, NY 12572-3254

Unit 448

$2,930,000

Estimated value

4,960 sqft 45.00 AC lot

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CAMPGROUND, RV PARK

202 Lk Dr, Rhinebeck, NY 12572

$260,000

Estimated value

832 sqft 9.76 AC lot

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CAMPGROUND, RV PARK

38 Alfio Ct, Rhinebeck, NY 12572

$215,000

Estimated value

3,680 sqft 122.50 AC lot

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CAMPGROUND, RV PARK

6 Rising Sun Ln, Rhinebeck, NY 12572-3285

Unit 31

$245,000

Estimated value

2,300 sqft 66.90 AC lot

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MOBILE HOME PARK, TRAILER PARK

3 Hidden Vly Rd, Rhinebeck, NY 12572-1110

Unit 21

$270,000

Estimated value

1,008 sqft 3.38 AC lot

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MOBILE HOME PARK, TRAILER PARK

7139 Albany Post Rd, Rhinebeck, NY 12572-2125

$400,000

Estimated value

1,872 sqft 5.91 AC lot

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MOBILE HOME PARK, TRAILER PARK

6842 Rte 9th 9, Rhinebeck, NY 12572-1135

$315,000

Estimated value

1,152 sqft 1.93 AC lot

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MOBILE HOME PARK, TRAILER PARK

6842 Rte 9th 9, Rhinebeck, NY 12572-1135

$330,000

Estimated value

784 sqft 1.60 AC lot

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CAMPGROUND, RV PARK

Rte 308th Rear Rear, Rhinebeck, NY 12572

$255,000

Estimated value

13.50 AC lot

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CAMPGROUND, RV PARK

Rte 308th Rear Rear, Rhinebeck, NY 12572

$250,000

Estimated value

85.09 AC lot

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Rhinebeck, NY Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Rhinebeck, NY on our real estate platform. These investment opportunities span a total of 3,444 square feet of properties for sale, with an estimated market value of $719,000.

Sale prices for multifamily properties in Rhinebeck, NY average $719,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.