Triplex investment property located at 122 S Cherry Street in the City of Poughkeepsie, offering a redevelopment or restoration opportunity in a convenient and centrally located area. The building has sustained fire damage and is being sold in its current condition, presenting potential for investors, builders, or buyers seeking a value-add project.
Ideally situated near downtown Poughkeepsie, the property is just minutes from the Poughkeepsie Metro-North station with direct service to Grand Central Terminal, as well as easy access to Route 9, the Mid-Hudson Bridge, the Taconic State Parkway, and Interstate 84 for convenient regional travel.
Nearby points of interest include the Walkway Over the Hudson, Marist College, Vassar College, Dutchess Community College, the Culinary Institute of America, and the vibrant waterfront district along the Hudson River. Residents can also enjoy shopping and dining at the Poughkeepsie Galleria, local restaurants, farmers markets, and numerous parks and recreational spaces throughout the Hudson Valley.
A centrally located property with strong future potential in one of Dutchess County’s most established rental markets. Buyer to perform their own due diligence regarding condition, permits, and intended use.
Nearby points of interest include the Walkway Over the Hudson, Marist College, Vassar College, Dutchess Community College, the Culinary Institute of America, and the vibrant waterfront district along the Hudson River. Residents can also enjoy shopping and dining at the Poughkeepsie Galleria, local restaurants, farmers markets, and numerous parks and recreational spaces throughout the Hudson Valley.
A centrally located income property with excellent accessibility and long-term potential in one of Dutchess County’s most established rental markets.
For sale
Price cut: $9.9K (6/22)
$240,000
122 S Cherry Street, Poughkeepsie, NY 12601
7beds
--sqft
Triplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 15 days |
- 2,125 |
- 51 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Compass Greater NY, LLC 914-752-8763,
Joseph Lukic 914-334-3805,
Geno M. George 917-374-2591,
Compass Greater NY, LLC
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 992410
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Air, Natural Gas
Cooling
- None
Features
- High Ceilings
- Windows: Bay Window(s), Storm Window(s)
- Basement: Full,Walk-Out Access
Property
Parking
- Total spaces: 1
- Parking features: Detached, Driveway, Garage, Off Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Balcony
Lot
- Size: 6,098 Square Feet
- Features: Level, Near Public Transit, Near School, Near Shops
Details
- Parcel number: 1313006161313358320000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Aluminum Siding, Frame
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Poughkeepsie
Financial & listing details
- Tax assessed value: $392,000
- Annual tax amount: $12,454
- Date on market: 6/19/2026
- Cumulative days on market: 21 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $240,000-4% |
Source: | ||
| 6/19/2026 | Listed for sale | $249,900-10.7% |
Source: | ||
| 4/29/2026 | Listing removed | $279,900 |
Source: | ||
| 4/24/2026 | Listed for sale | $279,900-11.1% |
Source: | ||
| 10/26/2006 | Sold | $315,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $453,500 +15.7% |
| 2024 | -- | $392,000 +10% |
| 2023 | -- | $356,400 +20% |
| 2022 | -- | $297,000 +18% |
| 2021 | -- | $251,700 +15% |
| 2020 | -- | $218,900 +20% |
| 2019 | -- | $182,400 +6% |
| 2018 | -- | $172,100 |
| 2017 | $5,563 | $172,100 -3% |
| 2016 | -- | $177,400 |
| 2015 | -- | $177,400 +3% |
| 2014 | -- | $172,200 -15% |
| 2012 | -- | $202,600 -20% |
| 2011 | -- | $253,200 -5% |
| 2010 | -- | $266,500 -10% |
| 2009 | -- | $296,100 -6% |
| 2008 | -- | $315,000 |
| 2007 | -- | $315,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 12601
Nearby schools
GreatSchools rating
- NASmith Early Learning CenterGrades: PK-1Distance: 0.2 mi
- 2/10Poughkeepsie Middle SchoolGrades: 5-8Distance: 0.4 mi
- 2/10Poughkeepsie High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: G W Krieger School
- Middle: Poughkeepsie Middle School
- High: Poughkeepsie High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Dutchess County
- Poughkeepsie
- 12601
- 122 S Cherry Street






