Multi-Residential Homes for Sale in New Rochelle, NY

Advanced Search Market Reports Home Value Connect

Welcome to your dedicated resource for multi-residential homes for sale in New Rochelle, NY. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local New Rochelle, NY agent, Tierra Stanback specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the multi-residential properties currently available below, or contact a local agent to discuss the details that matters most to your search.

< Back to all Homes for Sale in New Rochelle, NY

Search New Rochelle, NY by Lifestyle

All Multi-Residential Homes for Sale in New Rochelle, NY

$649,000

4 Beds ⋅ 2 Baths ⋅ 1031274 MLS

Here is your opportunity to own and restore a classic 1920s legal two-family home in the sought-after East End of New Rochelle, priced to sell. Rich in original character and timeless charm, this home features pocket doors, stained-glass windows, original hardwood floors, high ceilings, and many other period details. Offering more than 2,700 square feet of living space, both units boast spacious layouts with generously sized rooms. An attached two-car garage adds everyday convenience. The first-floor apartment features two bedrooms and one full bath. The second-floor apartment also offers two bedrooms and one full bath, with a living room that opens onto a private deck. Stairs leading to a legal third floor that includes two additional rooms, providing endless possibilities for a home office, guest space, recreation area, or additional living space. Whether you're looking for an income-producing investment, an owner-occupied property with rental income, or a multi-generational living arrangement, this versatile home offers exceptional potential. Conveniently located near shops, parks, restaurants, and Metro-North, this is a rare opportunity to bring new life to a classic home.

45 Lispenard Avenue, New Rochelle

$567,000

4 Beds ⋅ 2 Baths ⋅ 1036600 MLS

Investor Special ? Endless Potential in New Rochelle. Opportunity awaits at 111 Lincoln Avenue, New Rochelle, NY. Built in 1885 sits on a 0.1435- acre lot in the desirable R-4 zoning district,this spacious two-family home offers 4 bedrooms and is ready for a complete renovation. Whether you?re an investor, contractor, or buyer looking to restore a property, this home presents tremendous upside. The property is being sold AS IS, with the entire house in need of repairs and updating, Bring your vision and transform this residence into a valuable investment or income-producing property. Conveniently located near shopping, restaurants, schools, public transportation, and major highways.

111 Lincoln Avenue, New Rochelle

$949,999

4 Beds ⋅ 4 Baths ⋅ 1036560 MLS

A Three-family home in New Rochelle with flexible living space and a strong opportunity for both owner-occupants and investors. The first floor offers a large one-bedroom layout connected to a finished basement with two additional bedrooms, giving the space the feel of a three-bedroom home. The second unit has two bedrooms, and the third unit has one bedroom. For an owner occupant, this is a great chance to live in one unit while collecting rent from the other two units to help pay down the mortgage. For an investor, the property offers three separate units with a setup that can make expenses easier to manage. Each unit has its own gas and electric meter, and each tenant is responsible for their own gas and electric bills. There is also a separate meter for the common areas, including the foyer and stairwell. The property is conveniently located near the New Rochelle waterfront, Hudson Park and Beach, Glen Island Park, downtown New Rochelle, shops, restaurants, and the New Rochelle Metro North station. Whether you are looking to live in one unit and collect rental income or add a solid multi-family property to your portfolio, 249 Center Ave offers space, income potential, and a convenient New Rochelle location near the water.

249 Centre Avenue, New Rochelle

$1,200,000

6 Beds ⋅ 5 Baths ⋅ 1030435 MLS

A rare opportunity to own or invest in the Residence Park area of New Rochelle. One of the best multi-family properties, in great condition. There are two 3-bedroom, 2 full bathroom apartments; each holds large rooms, sun-filled oversized windows (double-paned), en-suite primary bedrooms, eat-in kitchens, and features hardwood floors, well-appointed bathrooms, lots of closet space, marble floor tiles, and crown molding. The finished ground floor level has a separate entrance and large rooms. With 3 electric meters, 2 gas meters, and a large 2-car attached garage, plus lots of driveway parking. Common washer and dryer in the garage. A stone patio, beautifully paved entry path, and a two tiered beautiful back yard, perfect for relaxing or entertaining. The roof is approximately 11 years young. Other features: pocket doors, walls of closets, and bluestone entry. A great investment, or live in one, and rent the rest! First floor photos currently not available.

162 Woodland Avenue, New Rochelle

$599,000

6 Beds ⋅ 3 Baths ⋅ 1031145 MLS

Legal 2 Family located in New Rochelle area, near highway, transportation, private driveway, full basement. First floor 2.5br, second floor 2br, third floor 2br, income producing property. Needs a little TLC, being sold as is. Tenant occupied on 1st and 2nd floor, please do not disturb tenants.

69 Pleasant Street, 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

$950,000

6 Beds ⋅ 2 Baths ⋅ 1023498 MLS

Welcome to 148 Lincoln Avenue, a well-maintained two-family duplex in the heart of New Rochelle, offering both comfort and convenience in a prime location. This side by side property features two spacious units, each with its own private entrance, providing the perfect setup for extended living or added privacy. Each unit offers three generously sized bedrooms, creating a total of six bedrooms across the home. The layouts are thoughtfully designed to maximize space and functionality, making them ideal for everyday living. The home also features a finished basement, perfect for recreation, entertaining, or creating a comfortable space to enjoy time with friends. Situated on a 5,227 sq ft lot, this property includes a (2) car attached parking setup and is conveniently located near public transportation, major roadways, shopping, and everyday amenities making commuting and daily errands effortless. Built in 1989 with a contemporary style, the home offers eat in kitchens, natural gas heating, public water and sewer, and tenant-paid electricity. Whether you're looking for a primary residence with additional living space or a smart investment opportunity, this property offers versatility, location, and value all in one. Roof is under 2 years old.

148 Lincoln Avenue, New Rochelle

$1,149,000

1002084 MLS

Prime Mixed-Use Property in the Heart of New Rochelle (10801) Just a 5-minute walk to downtown and the train station, this well-located mixed-use building offers strong rental potential and long-term value. Property Features: Ground floor: Approx. 2,800 sq ft restaurant space currently operating as a Cocina Mexicana & Tequila Bar, with seating approved for 84 guests and a 14-seat bar. The spacious layout is also ideal for hosting events. Second floor: Two residential units — one 1-bedroom apartment and one 2-bedroom apartment. Current Lease Details: Restaurant: $3,394/month. Tenants cover 50% of any property tax increase over the 2021 base year. Rent is below market rate due to a $200,000 renovation investment by the restaurant owner in 2021. Lease term runs through 2029. 1-Bedroom Apartment: $1,500/month 2-Bedroom Apartment: $2,500/month Additional Notes: All units have separate utility meters. Tenants are responsible for their own heating and electricity.

94 Union Avenue, New Rochelle

$577,300

2 Beds ⋅ 3 Baths ⋅ 983074 MLS

egal 3-family property located in New Rochelle. This pre-war multifamily offers approximately 1,744 sq ft of living space and is situated in a well-established urban neighborhood with close proximity to transportation, schools, parks, and neighborhood shopping. The area shows strong market activity with increasing values and typical marketing times under three months for competitively priced properties. Excellent opportunity for investors seeking long-term rental income or value-add potential. Property is being sold as-is.

59 Crescent Avenue, New Rochelle

$739,000

4 Beds ⋅ 2 Baths ⋅ 980069 MLS

Charming Two-Family Home in the Heart of New Rochelle This bright and sunny two-family residence is ideally located just steps from New Rochelle’s vibrant downtown and the Metro-North train station—only 35 minutes to Grand Central Station! Property Features: Spacious, fully fenced flat backyard — perfect for gatherings and outdoor entertaining Legal layout includes: Second Floor: 1-bedroom / 1-bathroom unit First Floor: 3-bedroom / 1-bathroom unit Bonus Space: Finished above-ground basement with a full bathroom and private street-level entrance — ideal for a home office, studio, or guest suite Financial Highlights: Monthly Rent Roll: $1,660 (1-bed) + $2,900 (3-bed) Both units are currently month-to-month leases Low property taxes A rare opportunity to own a versatile and income-producing property in one of Westchester’s most desirable commuter-friendly neighborhoods!

21 Drake Avenue, New Rochelle

$1,060,000

4 Beds ⋅ 2 Baths ⋅ 944514 MLS

This is a fantastic property for either an investor or for living and renting one unit. Plenty of parking space. Two-car garage, large private backyard. Centrally located on a tree-lined street. Large eat-in kitchens. Both units are very well-maintained. Must view the property to appreciate.

168 Stephenson Boulevard, New Rochelle

Start Your Search

Prev
1
2
of 2
Next

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.