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$1,399,000
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Property Description
Welcome to 314 S 5th Avenue, a well-maintained legal 3-family property offering strong and stable rental income. All three apartments have been tastefully renovated within the last two years, providing modern finishes and turnkey ownership for the next investor. This super clean property features excellent long-term tenants with rents conveniently deposited directly into the owner's account, making management seamless and hassle-free. Additional highlights include a private driveway, detached garage, and a finished basement that is currently vacant, offering potential for storage, recreation, or additional income opportunities . Whether you're an experienced investor or looking to expand your portfolio, this property delivers consistent cash flow, low maintenance, and pride of ownership throughout. Conveniently located near transportation, shopping, schools, and major highways.
Full Property Details
Full Property Details for 314 S 5th Ave
General
- Price: $1,399,000
- Taxes: $21,032
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1016683
- Updated: 6/22/2026
- Added to Site: 22 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway
Location
- County: Westchester County
- Cross Streets: 5th ave
- Driving Directions: google
School Information
- High School District: Mount Vernon
- Elementary School: Cecil H Parker School
- Middle School: Benjamin Turner Middle School
- High School: Mt Vernon High School
Heating & Cooling
- Cooling Type: Electric, Wall/Window Unit(s)
- Heating Type: Baseboard, Natural Gas
- Heating Zones: 3
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Year Built: 1960
Lot Features
- Lot Size (Sq. Ft.): 6,800
Financial Considerations
- Tax Amount: $21,032
- Tenant Pays: All Utilities, Electricity, Gas, Heat
Disclosures and Reports
- Special Conditions: None
Listed by Vision Homes Real Estate LLC
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Schools
Schools serving 314 S 5th Ave
School District:Mount Vernon School District
| Name | Grades | Distance |
|---|---|---|
Cecil H Parker School 461 South 6th Avenue, Mount Vernon, NY 10550 | K-6 | 0.3 mi |
Benjamin Turner Middle School 624 South 3rd Avenue, Mount Vernon, NY 10550 | 7-9 | 0.6 mi |
Denzel Washington School-Arts 121 South 6th Avenue, Mount Vernon, NY 10550 | 9-12 | 0.3 mi |
Mount Vernon High School 100 California Road, Mount Vernon, NY 10552 | 9-12 | 1.8 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 314 S 5th Ave
Date
Details
Price
Change
Source
6/22/2026
Listed
$1,399,000
—
MLS
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 314 S 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,570
100%
$1,800
—
2024
100%
$1,800
—
2020
-100%
$1,800
—
2020
$2,654
2%
$1,800
—
2018
$2,614
3%
$1,800
—
2017
$2,547
1%
$1,800
—
2017
$2,515
-1%
$1,800
—
2016
$2,538
3%
$1,800
—
2015
$2,460
2%
$1,800
—
2014
$2,413
—
$1,800
—
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 314 S 5th Ave
314 S 5th Ave, Mount Vernon, NY 10550 (MLS# 1016683) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 314 S 5th Ave is currently listed for $1,399,000 and was received on June 22, 2026. Want to learn more about 314 S 5th Ave? Do you have questions about finding other Multi-Family real estate for sale in Mount Vernon? You can browse all Mount Vernon real estate or contact a Coldwell Banker agent to request more information.
