New Rochelle, NY Real Estate Search

New Rochelle, NY Multi-Family Homes for Sale

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Newest New Rochelle, NY Multi-Family Homes for Sale

$925,000
4 Beds 3 Baths 1039858 MLS
OUTSTANDING TURNKEY INVESTMENT OPPORTUNITY! This beautifully updated two-family home is being offered fully occupied with established, market-value tenants in place and strong payment histories, providing immediate rental income from day one. Both apartments are sun-drenched and beautifully maintained, featuring hardwood floors, high ceilings, and updated kitchens and baths. The first-floor unit offers one bedroom, an oversized open-concept living room/dining room, kitchen with quartz counters, stainless appliances and tiled backsplash, plus direct interior access to the basement. The spacious upstairs duplex unit features three bedrooms, two full baths, an open-concept living room/dining area, updated kitchen with stainless appliances and tiled backsplash, primary bedroom with walk-in closet, oversized third bedroom and bonus den/office. Each unit enjoys its own laundry, basement storage and access to shared outdoor space. Recent improvements include central air conditioning and heat-pump heating for both units, a newer roof and separated utilities, with tenants now responsible for their respective unit electric and/or gas usage, significantly reducing owner-paid utility expenses. All of this with easy access to EVERYTHING… Metro-North, major highways, New Rochelle's waterfront, parks, shopping, fine dining and cultural attractions. A BEAUTIFULLY RENOVATED, FULLY OCCUPIED, INCOME-PRODUCING PROPERTY WITH ESTABLISHED TENANTS AND RENTAL INCOME IN PLACE FROM DAY ONE — A TRULY EXCEPTIONAL INVESTMENT OPPORTUNITY!

1 Bayview Avenue, New Rochelle

$1,100,000
7 Beds 3 Baths 1041169 MLS
All-brick two-family on a corner lot, 1 Davis Avenue offers a layout built for flexibility. Live in one unit and let the other generate passive income, or run both as a true investment play. Multiple points of entry give each unit its own front door, with a two-car garage and two additional driveway spaces in front. The first-floor unit opens into a well-proportioned living room that flows directly into the dining room, leading to an eat-in kitchen. Two additional bedrooms sit off the dining room, ideal as a bedroom and adjoining office or nursery, with a generously sized third bedroom near the kitchen. Hardwood floors run throughout. From the first-floor vestibule, a staircase leads down to legalized finished lower level with a bedroom and full bath, originally permitted decades ago as professional space and now used as additional living area. It is included with the first-floor unit and also has its own access from the backyard. The second-floor unit is beautifully maintained with three bedrooms, including a spacious primary, and a comfortable eat-in kitchen with additional pantry space. A formal dining room off the kitchen opens into a sun-drenched living room filled with natural light. A shared laundry area sits in the basement, separate from the finished living space, with a front porch and private backyard rounding out the property. Located just 0.6 miles from the New Rochelle Metro-North station, with a 35-minute train ride to Grand Central and easy access to downtown shops, restaurants, and daily conveniences.

1 Davis Avenue, New Rochelle

$1,100,000
5 Beds 3 Baths 1025839 MLS
Exceptional opportunity to own a beautifully updated two-family home offering spacious living, modern upgrades, and outstanding flexibility for both homeowners and investors. The first-floor apartment features a bright and inviting layout with two bedrooms, one full bath, an updated kitchen, and an open living room/dining area. The fully finished basement expands the living space with an additional full bath, laundry area, and convenient access to the private rear yard, making it ideal for recreation, a home office, or extended living. The second-floor apartment offers three bedrooms, one full bath, an updated kitchen, and a spacious living room/dining area as well as walk-up access to an approximately 800-square-foot unfinished attic, presenting exceptional storage space or future expansion potential (with proper permits). This move-in-ready property has been thoughtfully renovated with numerous improvements, including updated plumbing and electrical systems, two beautifully renovated kitchens, three updated bathrooms, replaced window screens, updated interior doors, molding and trim, and fresh paint throughout the entire interior and exterior. Both kitchens are equipped with brand-new stainless-steel appliances, including a range, refrigerator, dishwasher, and microwave. Refinished and updated hardwood floors throughout add warmth and timeless appeal. Whether you're seeking a multi-generational home, an owner-occupied investment with rental income, or a valuable addition to your real estate portfolio, this meticulously maintained property offers the perfect combination of comfort, style, and income-producing potential.

118 Pershing Avenue, New Rochelle

$1,475,000
6 Beds 5 Baths 1006681 MLS
309 Pelham Rd and 104 Leland Ave are a rare opportunity for 2 back-to-back townhouses on one property. This is a unique investment property or Home with second income potential These units are located on the same property. This income-generating property will pay for itself. Whether you’re an investor or seeking a home with rental potential, the spacious property comprises two units totaling 5600 Sqft. Both units have it all. Each unit features separate entrances, making it perfect for generating rental income. Both units boast soaring high ceilings, updated kitchens with modern appliances and sleek granite countertops, and tastefully renovated bathrooms. Gorgeous hardwood floors run throughout, with washer/dryer hookups in each unit for added convenience. The 309 unit has a in law apartment with full bath a private entrance. Separate electric meters for each unit, along with a shared water meter, ensure complete privacy and utility control. The property also offers a beautifully manicured private backyard with evergreen privacy hedge along Pelham Rd and Leyland Ave. Each unit has their own one car garage with driveway parking as well and a new outdoor deck was added to the 104 Leyland Ave unit recently. . Conveniently located near schools, parks, shopping, and public transportation and City Island, with easy access to major highways and commuter routes 30 mins to Manhattan. Enjoy peace and quiet in this friendly neighborhood, just steps from Water.

309 Pelham Road, New Rochelle

$1,150,000
6 Beds 4 Baths 989151 MLS
First time on the market in 55 years! This well-maintained two-family home offers a rare opportunity for investors and owner-occupants alike. Nestled in a neighborhood that has proudly maintained its character and integrity over the years, this property offers the perfect balance of convenience and community. Outside, you'll find a spacious yard with plenty of room to relax, entertain, and enjoy the outdoors, along with a garden area ideal for growing your own vegetables, flowers, and seasonal plantings. Inside, both units feature private entrances, newly stained hardwood floors, updated appliances, and thoughtful improvements throughout. The legal third-floor bathroom and finished attic space provide exceptional flexibility, offering the perfect setting for a home office, guest quarters, playroom, hobby space, or additional storage. Recent updates include new windows throughout, new front steps, painted cement perimeter, updated bathrooms, a new exterior door to the second floor, and new exterior patio doors. The basement has been refreshed with new sheetrock, new stairs and railing, and fresh paint, creating a clean and functional space. Major mechanical upgrades include two new boilers installed in October 2025 and gas meters relocated to the exterior for added convenience. Ideally situated in a highly desirable location, you'll enjoy easy access to major highways, schools, shopping, dining, and everyday conveniences, including Home Depot, Costco, and the beloved Thru-Way Diner. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents a unique opportunity to own a lovingly cared-for home. With its strong history of ownership, extensive updates, flexible living space, and unbeatable location, this is a property you won't want to miss.

81 Woodland Avenue, New Rochelle

$1,125,000
5 Beds 4 Baths 1004510 MLS
A legal two-family Colonial, 82 Clove Road offers roughly 2,430 square feet of livable space and the kind of layout that opens doors. Live in one unit and let the other help carry the mortgage, run it as a true investment property, or settle in as a multi-generational household with room for everyone to have their own corner. The first-floor unit welcomes you with two bedrooms, a full bath, a comfortable living room, and an eat-in kitchen anchored by green marble countertops and plenty of cabinet space. Original character runs throughout. Tucked at the front of the home, a legalized office with its own private entrance and full bath last served as a chiropractic practice. It opens up a third use case, whether that’s a professional office, a work-from-home setup, or additional living space. Upstairs, the second unit lives large across two floors with a private entrance of its own. The second floor features two bedrooms, including a primary with two closets, a full bath, a living room, and a kitchen. A flight up, the third floor offers another bedroom, a full bath, and a cozy living area, accessible from the main stairwell or its own entry door. Two Mr. Cool ductless split systems keep both floors comfortable in every season. Downstairs, the full basement handles laundry, storage, the furnace, and a recently updated water heater. Light pours in from every side. Windows across all three floors keep the home bright from morning through late afternoon. Out front, a long driveway leads to a two-car garage, a rare find for the neighborhood. Out back, a large patio opens to a beautifully landscaped yard with a rose garden in full bloom come summer. The New Rochelle Metro-North station sits about a mile away, with Grand Central roughly 35 minutes away.

82 Clove Road, New Rochelle

$785,000
6 Beds 3 Baths 1001625 MLS
Exceptional Investment Opportunity in the Heart of New Rochelle!. Welcome to 304 Lockwood Ave, this income-producing property is located in this vibrant New Rochelle, one of Westchester County’s fastest-growing cities. Calling all savvy investors with great vision—this fully tenant-occupied three-family home offers the perfect combination of cash flow, convenience, and long-term potential. The property features: Unit 1: 3 bedrooms, 1 full bathroom, kitchen, living-room. Unit 2: 2 bedrooms, 1 full bathroom, office area, kitchen and living-room. Unit 3: 1 bedrooms, 1 full bathroom, cozy kitchen and living-room. Basement offers great storage space. Outside, enjoy a large backyard with endless possibilities—perfect for grilling, entertaining, or creating a relaxing outdoor retreat. Location is everything, and this property delivers. Conveniently situated just a short walk from the Metro-North Railroad, Montefiore Hospital, commuters can reach Midtown Manhattan in under 30 minutes, making this an ideal rental location. Residents also enjoy easy access to shopping, restaurants, parks, and all the conveniences of city living with a suburban feel. As New Rochelle continues experiencing tremendous growth and development, this property presents not only a strong current income stream but also exciting future upside potential. Other features: New roof, natural gas meter (3), electric meters (3), huge storage area in the basement. washer/dryer hood ups and much more !!!

304 Lockwood Avenue, New Rochelle

$1,359,000
8 Beds 5 Baths 974199 MLS
Come fall in love with this grand 4,842 sq. ft. Colonial gem, ideally situated on a picturesque tree-lined street in New Rochelle. Blending timeless elegance with exceptional space, this expansive two-family residence is rich in architectural charm, featuring four inviting fireplaces, beautiful, beamed ceilings, and three full floors of sun-drenched living. The first floor (2,182 sq. ft.) welcomes you with an elegant entry hall leading to gracious formal living and dining rooms, each with its own fireplace. Step outside to a covered porch—perfect for al fresco dining and relaxing. A modern dine-in kitchen offers both style and functionality, while the spacious primary bedroom with stone fireplace, two additional bedrooms, hall bath, and convenient laundry/mudroom complete the level. The second & third floors (2,660 sq. ft.) provide incredible versatility, featuring a dine-in kitchen, formal dining room with fireplace, comfortable living room, three large bedrooms, a home office, and two full baths. The top floor adds even more flexibility with two additional bedrooms, bath and a bonus office space—ideal for extended family, guests, or work-from-home needs. Full basement: utility room, laundry room, Updated Weil McLean Gas Heating System & New Gas hot Water tank. Exterior Stucco freshly painted. A rare opportunity offering space, character, and multi-generational living potential in a prime location minutes from Glen Island Beach & Park, Long Island Sound beaches, marinas, waterfront parks, local shops, and Metro-North.

39 Neptune Avenue, New Rochelle

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.