by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Poughkeepsie 12601
3 Balding Avenue
Photo of 3 Balding Avenue
Sold on Apr 30, 2026

15

Map

Photo of 3 Balding Avenue
Photo of 3 Balding Avenue
$385,000
● House - Off Market

3 Balding Avenue

Poughkeepsie, NY 12601
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,390 Ft²
$1,963
Est. Monthly

About This Property

Rare opportunity to acquire a legal 3-family (tri-plex) 6BR / 3BA in one of Poughkeepsie's strongest rental pockets, delivered completely vacant. Ideal for buy-and-hold investors, value-add flips, or a smart house-hack strategy.

This, three-story property offers 9-foot ceilings, eat-in kitchens in each unit.

Located in downtown Poughkeepsie's historic district, just a short walk to the Metro-North train and bus station, steps from the post office, and minutes from the Walkway Over the Hudson. Strong rental demand, commuter-friendly, and a consistently desirable location.

Investment highlights:

* Rent all three units for stable long-term cash flow

* Light value-add potential to increase rents

* Owner-occupant friendly. Live in one unit and use rental income from the other two to potentially offset or eliminate your mortgage

Cash buyers preferred but not required. Vacant, legal multi-units in this location are rare.

This won't last!
Unit Size
2,390 Ft²
Days on Market
100 days
Land Size
0.09 acres
Price per sqft
$105
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
1896

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 7 months ago (OneKey MLS #KEY953762)

Price History

Date / Event Date Event Price
Apr 30, 2026 Sold
Premium
Sold
Jan 31, 2026 In contract -
In contract
Jan 20, 2026 Listed by Plush Properties Inc $249,888
Listed by Plush Properties Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1896
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,396
  • Gross Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000090
  • Standard Land Use Code: 1102
  • County Land Use Code: 230
  • Legal Description 1: 0.09 AC

Neighborhood

  • School District Name: Poughkeepsie City School District
  • School Tax School District: POUGHKEEPSIE
  • Census Tract: 220201

Zoning

  • Zoning: R3A

Geography

  • Account Number: 023020
  • District: 131300
  • Section: 6.162
  • Parcel: 131300 6162-69-082229-0000
  • Block: 69
  • Lot: 82.229
  • Municipality: POUGHKEEPSIE
  • Latitude: 41.7075
  • Longitude: -73.927

    Address

  • Full Address: 3 Balding Ave
  • Address - House Number: 3
  • Address - Street Name: Balding
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Poughkeepsie
  • Carrier Code: C009
  • 4-Digit Zip Code: 2419
  • Zip Code: 12601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,574
  • Initial Tax Delinquent Year: 2014
  • Tax Rate Code Area: 131300

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 299,675
  • High Value: 368,237
  • Low Value: 231,113

    Market Valuation

  • Market Total Value: $228,600
  • Market Land Value: $29,700
  • Market Improvement Value: $198,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,600
  • Assessed Land Value: $29,700
  • Assessed Improvements Value: $198,900

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Poughkeepsie

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

93

Average Home Size

1738 ft²

Average Home Age

94.1 years

Currently For Sale

100 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 44 Springside Avenue, Poughkeepsie, NY, 12603

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,345 ft²
44 Springside Avenue #5F, Poughkeepsie, NY, 12603 Listing by KARA WINTERS
Unit for rent at 51 Adriance Avenue, Poughkeepsie, NY, 12601

$6,200 /mo

  • 4 Beds
  • 4 Baths
  • 4,108 ft²
51 Adriance Avenue, Poughkeepsie, NY, 12601 Listing by Stephanie Way
Unit for rent at 16 Gray Street, Poughkeepsie, NY, 12603

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,420 ft²
16 Gray Street, Poughkeepsie, NY, 12603 Listing by James Mitchell

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 7 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3 Balding Avenue built and last sold?
The property at 3 Balding Avenue was built in 1896 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Balding Avenue is $252,387.
What are some comparable homes to 3 Balding Avenue?
There are currently no comparable homes to 3 Balding Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Poughkeepsie Homes for Sale
Poughkeepsie Houses for Sale
Poughkeepsie Condos for Sale
Poughkeepsie Co-Ops for Sale
Poughkeepsie Townhouses for Sale
Poughkeepsie Multifamily for Sale
Poughkeepsie Land for Sale
Poughkeepsie Commercial for Sale
Nearby Cities
Fairview Homes for Sale
Highland Homes for Sale
Spackenkill Homes for Sale
Red Oaks Mill Homes for Sale
Crown Heights Homes for Sale
Arlington Homes for Sale
Milton Homes for Sale
Titusville Homes for Sale
Nearby Property Records
Dutchess County, NY Property Records
Putnam County, NY Property Records
Ulster County, NY Property Records
Orange County, NY Property Records
Litchfield County, CT Property Records
Rockland County, NY Property Records
Westchester County, NY Property Records
Fairfield County, CT Property Records
Nearby Counties
Lloyd Homes for Sale
Marlborough Homes for Sale
Top Real Estate Agents
Top Agents in Poughkeepsie
Top Agents in 12603
Top Agents in 12601
Top Agents in Lloyd
Top Agents in Marlborough
Top Agents in Fairview
Top Agents in Highland
Top Agents in Spackenkill