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Sold on 06/30/2025
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1 Morgan Ave, Poughkeepsie, NY 12601

$550,000

Last sold 06/30/2025 after 150 Days

  • 4

    bed

  • 4

    bath

  • 5,160

    Sqft ($107/Sqft)

Multi-family not for sale
Learn about Poughkeepsie's top local Real Estate agents

About 1 Morgan Ave

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 4,356 Sqft
Property description
Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owner—an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!
Listed by
Listing Agent - Curtis Darragh
Listing Office - Legacy Land & Homes LLC
Source: OneKey MLS mls logo
MLS#817405 • last updated 10 months ago
Movoto checked OneKey MLS for data 26 minutes ago
Overview
Cooling/AC None
Heating Natural Gas, Radiant, Other
MLS # 817405
SubType Quadruplex
Status Closed
Type Residential Income
Lot Size (SqFt) 4356
Lot Size (Acres) 0.1
Property Tax 10247
Tax Assessed Value 280000
Year Built 1920
Interior
Total # of Bathrooms 4
# of Full Baths 4
Total # of Bedrooms 4
Basement Unfinished
Interior Features Other
Exterior
Construction Frame
Parking On Street
Lot Features Near School
Amenities / Utilities
Utilities Trash Collection Public
Water Source Public
Location
County Dutchess County
Elementary School Warring Magnet Acad Of Sci & Tech
Middle School Poughkeepsie Middle School
Elementary School District Poughkeepsie City
Middle School District Poughkeepsie City
High School District Poughkeepsie City
High School Poughkeepsie High School
APN 131300-6162-72-453138-0000
We are not permitted to show value estimates for this property.
  • Oct 2025
    mls logo MLS # 817405
  • Oct 15, 2025 Sold
    $550,000 (-8.3%)
  • Jun 30, 2025 Pending
    —
  • Jan 31, 2025 Listed
    $600,000
  • Nov 2024
    mls logo MLS # H6320528
  • Nov 16, 2024 Listed
    $600,000
  • Jul 29, 2024 Listed
    $600,000
  • Feb 2024
    mls logo MLS # H6291497
  • Feb 25, 2024 Listed
    $600,000 (+1102.4%)
  • Feb 2024
    mls logo MLS # HM304664
  • Feb 6, 2024 Sold
    $49,900 (-77.3%)
  • Feb 16, 2012 Listed
    $49,900
  • Feb 2024
    mls logo MLS # HM381052
  • Feb 6, 2024 Sold
    $220,000 (+12.8%)
  • May 3, 2019 Listed
    $239,900
  • Feb 2024
    mls logo MLS # HM330270
  • Feb 6, 2024 Sold
    $195,000 (-67.5%)
  • Jul 2, 2014 Listed
    $199,000
  • Sep 2023
    mls logo MLS # H6268805
  • Sep 15, 2023 Listed
    $600,000 (+172.7%)
  • Aug 2019
    Public Records
  • Aug 9, 2019 Sold
    $220,000
  • Jul 2019
    mls logo MLS # 381052
  • Jul 29, 2019 Sold
    $220,000 (-8.3%)
  • May 6, 2019 Pending
    —
  • May 3, 2019 Listed
    $239,900
  • Apr 2019
    mls logo MLS # 380111
  • Apr 5, 2019 Pending
    —
  • Apr 5, 2019 Listed
    $239,900 (+23.0%)
  • Jan 1, 1900 Withdrawn
    —
  • Jun 2015
    Public Records
  • Jun 12, 2015 Sold
    $195,000
  • May 2015
    mls logo MLS # 20143407
  • May 20, 2015 Sold
    $195,000
  • Jul 2, 2014 Listed
    $189,000 (+278.8%)
  • May 2015
    mls logo MLS # 330270
  • May 13, 2015 Sold
    $195,000 (-2.0%)
  • Jul 2, 2014 Listed
    $199,000 (+5.3%)
  • Apr 2012
    Public Records
  • Apr 20, 2012 Sold
    $49,900
  • Apr 2012
    mls logo MLS # 304664
  • Apr 2, 2012 Sold
    $49,900
  • Feb 16, 2012 Listed
    $49,900
  • Year Property taxes Tax assessment
  • 2024
    $5,743 +34.2%
    $320,300 +14.39%
  • 2021
    $4,279 -4.3%
    $280,000 +27.27%
  • 2020
    $4,472
    $220,000
  • 1 Morgan Ave
    $550K
  • College Hill
    $329K +13% y/y
  • 12601
    $360K +3% y/y
  • Poughkeepsie
    $380K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Poughkeepsie High School
public Grades 9-12
Poughkeepsie City School District
Source: GreatSchools.org © 2026. All rights reserved.

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