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Multi-Residential Homes for Sale in Yonkers, NY

Welcome to your dedicated resource for multi-residential homes for sale in Yonkers, 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 Yonkers, 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.

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All Multi-Residential Homes for Sale in Yonkers, NY

$749,999
6 Beds 3 Baths 1030522 MLS
Exceptional Investment & Owner-Occupant Opportunity. Completely renovated triplex featuring three two-bedroom apartments, each with separate utilities and meters. Ideally situated on the edge of Downtown Yonkers' vibrant Getty Square Historic District, this property offers a rare opportunity for investors, owner-occupants, and multigenerational living alike. Conveniently located near public transportation, restaurants, shopping, parks, and the Yonkers waterfront. The first-floor apartment offers direct access to the backyard, while the full unfinished basement provides excellent potential for additional storage, laundry facilities, or other value-added improvements. Endless Possibilities. Whether you're looking to build wealth through real estate or create a flexible living arrangement, this property offers numerous options: Live in one apartment while renting the other units to substantially offset your monthly mortgage payment. Multigenerational Living: while maintaining privacy with separate units. Investment Partnership: Purchase with friends or family to build equity and use as a stepping stone toward future investments or a dream home. Pure Investment: Lease all three units to maximize rental income and long-term appreciation. Commuter's Dream. Enjoy exceptional access to New York City via Metro-North Railroad. Yonkers Station is approximately a half-mile away and offers express service to Grand Central Terminal in approximately 30 minutes. Ludlow Station is also conveniently located nearby. Owner-occupant financial advantages: Potential eligibility for low down payment financing, including FHA loans, when used as a primary residence. Rental income from the additional units can significantly offset monthly housing costs. Potential tax advantages related to the rental portion of the property. Living on-site can simplify property management and tenant oversight. Investor advantages: Income-producing asset. Opportunity to maximize cash flow through three rental units. Potential eligibility for Debt Service Coverage Ratio (DSCR) financing, which qualifies the loan on rental income rather than personal employment income, Possible tax deductions associated with operating expenses and depreciation. Whether you're an experienced investor or purchasing your first multifamily property, this presents a unique opportunity to generate income, build equity, and own a fully renovated property. Don't miss the opportunity to invest in your future. SOLD AS IS

54 Herriot Street, Yonkers

$899,900
5 Beds 3 Baths 1037865 MLS
This custom-built, fully updated two-family home offers a rare combination of turnkey interior finishes, flexible living arrangements, and exceptional privacy. Situated at the end of a quiet private street, the property provides strong appeal to both multi-generational buyers and savvy investors seeking premium rental income. Unit Breakdown & Highlighted Features Unit 1: First-Floor Apartment Layout: 2 Spacious Bedrooms, 1 Full Bath. Upgrades: Fully modernized kitchen and updated bath fixtures. Comfort: Ceiling fans installed in all bedrooms for energy-efficient climate control. Target Appeal: Ideal as a high-yield rental unit, guest suite, or primary residence for buyers desiring single-level living. Unit 2: Second-Floor Duplex Layout: 3 Bedrooms, 1.5 Baths spanning two elevated levels. Living Area: Feature fireplace providing a focal point for the main living room. Indoor-Outdoor Living: Glass sliding doors leading directly to a private back deck for outdoor dining and entertainment. Comfort: Ceiling fans in all bedrooms, ample closet storage, and updated finishes throughout. Exterior & Garage Parking: 2-car attached garage offering direct interior shelter, complemented by a private driveway accommodating 2 additional vehicles. Setting: Cul-de-sac style position at the end of a private road ensures privacy, peace, and minimal vehicular traffic. Key Value Drivers & Buyer Positioning Owner-Occupant Advantage (Live in One, Rent the Other) A buyer can live in the spacious 3-bedroom duplex while leveraging rental income from the updated 2-bedroom unit to offset mortgage payments substantially. Zero Capital Expenditure (Turnkey Condition) Both units are fully updated, meaning no immediate repair or renovation costs for the buyer, allowing for immediate move-in or top-market rental pricing. Privacy & Parking Premium Dedicated garage space and off-street parking for 4 vehicles total, combined with a private end-of-street location, sets this home apart from standard multi-family inventory.

239 Mary Lou Avenue, Yonkers

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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.