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$3,200,000
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Property Description
CALLING ALL INVESTORS & DEVELOPERS!! Rare opportunity to own 35+ acres in the Town of Fishkill featuring THREE fully rented 4-family properties! Each unit offers 2 bedrooms, 1 bath, creating immediate income-producing potential with room to grow. Property features municipal water & sewer, natural gas, and separate electric meters for each unit for added efficiency and convenience. Zoned RMF5, this exceptional offering presents incredible development, expansion, and owner-occupier possibilities. Whether you're looking to expand your portfolio, develop, or capitalize on one of the Hudson Valley's fastest-growing markets, this property checks every box. Prime location just minutes to I-84, Route 9, shopping, dining, and everything the Hudson Valley has to offer!
Full Property Details
Full Property Details for 48 Donlo Dr
General
- Price: $3,200,000
- Taxes: $10,603
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1006286
- Updated: 5/30/2026
- Added to Site: 14 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: Driveway
Location
- County: Dutchess County
School Information
- High School District: Wappingers
- Elementary School: Myers Corners
- Middle School: Van Wyck Junior High School
- High School: John Jay Senior High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 8928
- Square Feet: 8,928
- Year Built: 1965
Lot Features
- Lot Size (Acres): 35.23
- Lot Size (Sq. Ft.): 1,482,347
Financial Considerations
- Tax Amount: $10,603
Disclosures and Reports
- Special Conditions: None
- Property ID: 133089-6156-03-402085-0000
Listed by KW MidHudson
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Schools
Schools serving 48 Donlo Dr
School District:Wappingers Central School District
| Name | Grades | Distance |
|---|---|---|
Myers Corners School 156 Myers Corners Road, Wappingers Falls, NY 12590 | K-6 | 4.3 mi |
Van Wyck Junior High School 6 Hillside Lake Rd, Wappingers Falls, NY 12590 | 6-8 | 6.7 mi |
John Jay Senior High School 2012 Route 52, Hopewell Junction, NY 12533 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 Donlo Dr
Date
Details
Price
Change
Source
5/30/2026
Listed
$3,200,000
113.33%
MLS
3/01/2018
Sold
$1,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 48 Donlo Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,601
3%
$1,366,800
10%
2024
$30,648
18%
$1,242,500
10%
2020
$26,079
—
$1,129,500
10%
2020
$26,079
-3%
$1,026,800
15%
2021
$26,843
—
$892,900
8%
2021
$26,843
3%
$826,800
—
2020
$26,003
—
$826,800
—
2018
$26,006
3%
$826,800
4%
2017
$25,143
-43%
$795,000
—
2016
$44,261
79%
$795,000
—
2015
$24,744
1%
$795,000
—
2015
$24,545
5%
$795,000
—
2013
$23,402
—
$795,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 Donlo Dr
4-8 Donlo Drive, Fishkill, NY 12524 (MLS# 1006286) is a Multi-Family property with 12 units containing 8 bedrooms and 4 full bathrooms. 4-8 Donlo Drive is currently listed for $3,200,000 and was received on May 30, 2026. Want to learn more about 4-8 Donlo Drive? Do you have questions about finding other Multi-Family real estate for sale in Fishkill? You can browse all Fishkill real estate or contact a Coldwell Banker agent to request more information.
