230 Downs: Your chance for an easy and affordable opportunity. A two unit, well priced apartment building in Kingston's midtown provides the perfect option for building an investment portfolio or to begin the house hacking dream: live in one unit and rent the other... Estimated Cap rate at list price is approx 9.4 making this a no brainer deal to snatch up fast...
For those wanting a single family.... you can easily convert this back to that or, just move on in and have two kitchens to feast with.
Each unit is 1BR 1BA (shower/tub combo in both) with some original hardwood flooring. The downstairs unit has charming built ins reminiscent of this original 1920's architecture. A corner lot with private parking/driveway in addition to abundant street parking makes this an easy location for renting. The covered front porch is perfect for morning coffee .The downstairs unit can be accessed through the front porch hallway entry, or a private back entrance off the driveway with it's own sunroom. Full basement with interior and side yard access for shared laundry (new machines). Upstairs unit has access to walk up unfinished attic for storage. Each unit has it's own electric meter. Landlord currently pays for gas for the brand new efficient furnace with smart thermostat (but a conversion to minisplits would put that expense into the tenants column). Roof approx 5+ years old. Double pane windows. Currently solely owner occupied, and delivered vacant for the next owner. Market rents are ~1,500-1,550 for top unit, 1,650-1,750 for bottom unit.
Clearly time to leap!
Closed
$325,000
230 Downs Street, Kingston, NY 12401
2beds
2baths
1,386sqft
Multi Family
Built in 1924
-- sqft lot
$334,600 Zestimate®
$234/sqft
$2,207 Estimated rent
Home value
$334,600
$284,000 - $391,000
$2,207/mo
Zestimate® history
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$2,207/mo
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$2,207/mo
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$2,165/mo
Est. payment
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$2,165/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dara Barr 917-523-1782,
Keller Williams Upstate NY Pro
Bought with:
Elizabeth Kelly, 10401376522
BHHS HUDSON VALLEY PROP-WDST
Source: HVCRMLS,MLS#: 20255496
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Central, Forced Air, Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Water Heater, Washer/Dryer, Refrigerator, Free-Standing Gas Range, Free-Standing Electric Oven, Electric Range
- Laundry: Common Area, Electric Dryer Hookup, In Basement, Washer Hookup
Features
- 3 Seasons Room, Bookcases, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Speed Internet, Natural Woodwork, Pantry, Smart Thermostat
- Flooring: Combination, Hardwood, Laminate
- Windows: Double Pane Windows
- Basement: Block,Exterior Entry,Full,Interior Entry,Storage Space,Unfinished,Walk-Out Access,Walk-Up Access
- Has fireplace: No
Interior area
- Total structure area: 1,386
- Total interior livable area: 1,386 sqft
- Finished area above ground: 1,386
- Finished area below ground: 0
Property
Parking
- Parking features: On Site, Private, Paved, On Street, Off Street, Driveway, Additional Parking
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 4
- Entry location: Front of house and back of house
- Patio & porch: Awning(s), Covered, Enclosed, Front Porch, Porch, Rear Porch
- Exterior features: Awning(s), Private Entrance
Lot
- Size: 5,662 Square Feet
- Features: City Lot, Corner Lot, Front Yard, Near Golf Course
Details
- Parcel number: 48.31884
- Zoning: T4N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Cement Siding, Frame
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy efficient items: HVAC
Community & HOA
Community
- Features: Golf, Sidewalks
- Security: See Remarks
HOA
- Has HOA: No
Location
- Region: Kingston
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $111,000
- Annual tax amount: $4,682
- Date on market: 11/8/2025
- Listing terms: Cash,Conventional
- Inclusions: stove (2) fridge (2) washer/dryer blinds, curtain rods excludes some curtains
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Sold | $325,000+3.2%$234/sqft |
Source:  HVCRMLS #20255496 Report a problem | ||
| 11/27/2025 | Pending sale | $315,000$227/sqft |
Source: HVCRMLS #20255496 Report a problem | ||
| 11/14/2025 | Contingent | $315,000$227/sqft |
Source: HVCRMLS #20255496 Report a problem | ||
| 11/8/2025 | Listed for sale | $315,000+13.1%$227/sqft |
Source: HVCRMLS #20255496 Report a problem | ||
| 7/20/2023 | Sold | $278,500+11.4%$201/sqft |
Source: HVCRMLS #20231122 Report a problem | ||
| 6/14/2023 | Contingent | $250,000$180/sqft |
Source: HVCRMLS #20231122 Report a problem | ||
| 5/12/2023 | Pending sale | $250,000$180/sqft |
Source: HVCRMLS #20231122 Report a problem | ||
| 5/4/2023 | Listed for sale | $250,000$180/sqft |
Source: HVCRMLS #20231122 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $111,000 |
| 2024 | -- | $111,000 |
| 2023 | -- | $111,000 |
| 2022 | -- | $111,000 -0.4% |
| 2021 | -- | $111,500 |
| 2020 | -- | $111,500 |
| 2019 | -- | $111,500 +10.4% |
| 2018 | -- | $101,000 |
| 2017 | $3,710 | $101,000 |
| 2016 | -- | $101,000 |
| 2015 | -- | $101,000 |
| 2014 | -- | $101,000 -5.6% |
| 2013 | -- | $107,000 -15.1% |
| 2011 | -- | $126,000 -9.4% |
| 2010 | -- | $139,000 |
| 2009 | -- | $139,000 -4.8% |
| 2008 | -- | $146,000 +349.2% |
| 2007 | -- | $32,500 |
| 2006 | -- | $32,500 |
| 2005 | -- | $32,500 |
| 2004 | -- | $32,500 |
| 2003 | -- | $32,500 |
| 2002 | -- | $32,500 |
| 2001 | -- | $32,500 |
| 2000 | -- | $32,500 |
Find assessor info on the county website
Neighborhood: 12401
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Nearby schools
GreatSchools rating
- 2/10Chambers SchoolGrades: K-4Distance: 1.4 mi
- 3/10M Clifford Miller Middle SchoolGrades: 5-8Distance: 2.9 mi
- 4/10Kingston High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$334,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$334,600
- New York
- Ulster County
- Kingston
- 12401
- 230 Downs Street
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