Buyer agents: Schedule all showings via ShowingTime. No ShowingTime account? Call Showingtime with the address or MLS#. Thank you......Newly Renovated Legal Two-Family Home in Malverne - Rare Assumable Mortgage Opportunity at 2.8%---- Discover this beautifully updated 1,796 sq. ft. legal two-family home in the desirable Village of Malverne... Thoughtfully renovated with modern comforts while preserving classic charm, this property offers an exceptional blend of income potential, flexible living options, and outstanding financing---- The home features 3 bedrooms and 2 full baths across both units, plus a full, unfinished basement for storage and a 1.5-car garage. Both units boast updated kitchens, freshly painted interiors, and gleaming refinished hardwood floors. A cozy fireplace adds warmth and character to the living space, making this home as inviting as it is practical. Income & Flexibility---- The upstairs unit is currently rented at $2,400/month* The second unit can be rented for approximately $2,900/month* The property can be delivered vacant at closing* Standout Highlights::: Recently painted exterior* Private backyard* Quiet mid-block location on a tree-lined street* Strong community feel with easy access to LIRR, shops, restaurants, and parks* Outstanding Financing Opportunity::: This is a rare chance to assume an existing $350,000 mortgage at just 2.8% - well below current market rates. Qualified buyers can take advantage of this low-interest loan and simply cover the difference between the loan balance and the purchase price--- Whether you're an investor looking for high rental income or a homeowner wanting to live in one unit while offsetting your mortgage with rental income from the other, this updated Malverne two-family home is a standout opportunity.... Schedule your private showing today and see everything this exceptional property has to offer!
For sale
Price increase: $29.9K (5/23)
$899,888
2 Birch Rd, Malverne, NY 11565
3beds
1,796sqft
Multi Family
Built in 1932
-- sqft lot
$900,400 Zestimate®
$501/sqft
$-- HOA
What's special
Private backyardUpdated kitchensRecently painted exteriorGleaming refinished hardwood floorsFreshly painted interiors
- 29 days |
- 1,524 |
- 68 |
Zillow last checked:
Listing updated:
Listed by:
LOMBARDO HOMES & ESTATES 516-200-6448,
Joseph Lombardo 855-919-0222
Source: NY State MLS,MLS#: 11780782
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Kitchen
- Features: Open, Granite Counters
Heating
- Oil, Zoned, Radiant
Cooling
- Zoned
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer, Water Heater, Stainless Steel Appliances
Features
- Flooring: Hardwood, Tile
- Basement: Full,Unfinished,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 1,796
- Total interior livable area: 1,796 sqft
- Finished area above ground: 1,796
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio, Open Porch
- Fencing: Fenced
- Frontage length: 0
Lot
- Size: 6,700 Square Feet
- Features: Near Bus, Near Train
Details
- Additional structures: General Outbuilding
- Parcel number: 282027037.00E0010010.000
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Masonry - Stucco, Masonry Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1932
- Major remodel year: 2025
Utilities & green energy
- Electric: Amps(0)
- Sewer: Municipal
- Water: Municipal
Community & HOA
HOA
- Has HOA: No
Location
- Region: Malverne
Financial & listing details
- Price per square foot: $501/sqft
- Tax assessed value: $418,000
- Annual tax amount: $8,038
- Date on market: 5/23/2026
- Date available: 05/23/2026
Estimated market value
$900,400
$855,000 - $945,000
$3,705/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Price change | $899,888+3.4%$501/sqft |
Source: NY State MLS #11780782 Report a problem | ||
| 5/5/2026 | Listed for sale | $870,000+73.3%$484/sqft |
Source: Owner Report a problem | ||
| 2/4/2021 | Sold | $502,000-4.4%$280/sqft |
Source: | ||
| 10/13/2020 | Listing removed | $524,999$292/sqft |
Source: Century 21 Catapano Homes #3238705 Report a problem | ||
| 9/25/2020 | Price change | $524,999-4.4%$292/sqft |
Source: Century 21 Catapano Homes #3238705 Report a problem | ||
| 8/1/2020 | Listed for sale | $549,000$306/sqft |
Source: Century 21 Catapano Homes #3238705 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $418 +4% |
| 2023 | -- | $402 -11.1% |
| 2022 | -- | $452 |
| 2021 | $8,084 +15.2% | -- |
| 2020 | $7,020 -1% | $471 -6.7% |
| 2019 | $7,092 | $505 -6.1% |
| 2018 | $7,092 -1.7% | $538 -5.9% |
| 2017 | $7,218 -4.3% | $572 -5.6% |
| 2016 | $7,544 +693.9% | $606 -5.3% |
| 2015 | $950 -5% | $640 -12.8% |
| 2013 | $1,000 -6% | $734 -10.9% |
| 2012 | $1,064 -83.8% | $824 -12.1% |
| 2011 | $6,548 -4.2% | $937 -12.5% |
| 2010 | $6,834 | $1,071 -7.6% |
| 2009 | -- | $1,159 +5.9% |
| 2008 | -- | $1,094 +5.9% |
| 2006 | -- | $1,033 -40.5% |
| 2005 | -- | $1,735 -39.7% |
| 2004 | -- | $2,877 |
| 2003 | -- | $2,877 -49.9% |
| 2002 | -- | $5,741 |
| 2001 | -- | $5,741 |
| 2000 | -- | $5,741 |
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: 11565
Nearby schools
GreatSchools rating
- NAMaurice W. Downing Primary K-2 SchoolGrades: K-2Distance: 0.4 mi
- 6/10Howard T Herber Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Malverne Senior High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: 000000
Source: NY State MLS. 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
- Nassau County
- Malverne
- 11565
- 2 Birch Rd




