About this home

EXCEPTIONAL investment opportunity in the heart of Poughkeepsie! Endless potential awaits within the newly established Poughkeepsie Innovation District (PID-B), offering exciting redevelopment possibilities. This designation may allow for conversion to a larger apartment building of five stories or more. Ideally positioned along the Main Street corridor, the property may also qualify for available grants, incentives, and redevelopment programs - creating a rare opportunity to maximize long-term value and returns. This three-story with additional garden level potential , multi-family property is rich in character and ready for transformation. Featuring a classic mansard roof and original architectural details, the building offers a total of 7 bedrooms across the three units. Spacious layouts include large living rooms, dining areas, and generously sized bedrooms, with high ceilings, original woodwork, fireplaces, and oversized windows providing a strong foundation for renovation. Upper levels offer additional space ideal for reconfiguration or potential expansion of living areas. The property sits on a deep lot with off-street parking potential and is centrally located near downtown Poughkeepsie, Metro-North, hospitals, restaurants, and the Hudson River waterfront - making it highly attractive for future tenants. This is a full rehab project being sold as-is, perfect for investors looking to maximize rental income or resale value. With the right vision, this property can be restored into a high-performing multi-family asset in a strong and growing rental market. Don't miss the opportunity to bring this historic property back to life - schedule your showing today!

Facts and features

Schools

• Smith Early Learning Center

  elementary · K-1 · 0.7 mi

• Poughkeepsie High School

  high · 9-12 · 0.7 mi

  2

• Wimpfheimer Nursery School

  elementary · PK-K · 0.4 mi

• Poughkeepsie Middle School

  elementary · 5-8 · 0.9 mi

  1

• Gov George Clinton School

  elementary · K-5 · 0.2 mi

  2

• S F B Morse Elementary School

  elementary · K-6 · 0.4 mi

  2

Price history

• Sep 26, 2026 · Price Changed$275,000
• Sep 18, 2026 · Price Changed$289,000
• Sep 7, 2026 · Price Changed$299,500
• Aug 19, 2026 · Price Changed$325,000
• May 14, 2026 · Price Changed$350,000
• May 1, 2026 · Listed$400,000
• Jul 12, 1991 · Sold$35,000

Tax history

• 2026$11,293 tax · $274,200 assessed
• 2025$6,157 tax · $274,200 assessed
• 2024$5,742 tax · $237,000 assessed
• 2023$5,194 tax · $188,100 assessed
• 2022$4,813 tax · $159,400 assessed
• 2021$4,619 tax · $138,600 assessed
• 2020$4,371 tax · $115,500 assessed
• 2017$3,742 tax · $115,500 assessed

Home value

$286,000

• Collateral Analytics$286,000
• Quantarium$217,803

Where it is