Covered front porchLower-level covered patioPrivate tenant parkingIndividualized outdoor retreats
Priced to sell and delivered completely vacant! This four-family investment opportunity, located at 234 Lakeshore Drive in Pleasant Valley, offers immense value-add potential in a convenient and accessible Dutchess County location. Perfectly positioned for savvy investors, this vacant asset allows you to immediately begin strategic renovations to maximize your rental income and build substantial equity without tenant interruption. The property features private tenant parking alongside individualized outdoor retreats—including a covered front porch for one unit, a lower-level covered patio, and an upper-level terrace/balcony—presenting a rare chance to elevate each unit with its own private, premium living space.
The location offers exceptional transit convenience, situated just 2 minutes from U.S. Route 44 and under 7 minutes from the Taconic State Parkway for effortless travel to Westchester County, Albany, and the wider Hudson Valley. The Route 9 corridor, Mid-Hudson Bridge, and Poughkeepsie Metro-North Station—offering direct service to Grand Central Terminal—are all within a quick 15-20 minute drive
Tenants will love the lifestyle convenience, with downtown Pleasant Valley’s local shops and dining just moments away. The property boasts unparalleled proximity to top-tier recreation and culture, including Freedom Park, the Walkway Over the Hudson, James Baird State Park, Millbrook Vineyards & Winery, and Mill House Brewing Company. It is also exceptionally well-located for student or faculty rentals, sitting near Vassar College, Marist University, Dutchess Community College, and the Culinary Institute of America. Set within the acclaimed Arlington Central School District and close to major medical and employment hubs, this property is an unbeatable opportunity to secure a strong, reliable opportunity to secure an excellently located-family asset.
53 days
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950
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31
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Zillow last checked:
Listing updated:
Listed by:
Compass Greater NY, LLC914-752-8763,
Joseph Lukic914-334-3805,
Geno M. George917-374-2591,
Compass Greater NY, LLC
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1001702
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
Heating
Forced Air, Oil, Other
Cooling
None
Features
Other
Flooring: Wood
Basement: Full
Interior area
Total structure area: 3,420
Total interior livable area: 3,420 sqft
Property
Parking
Total spaces: 4
Parking features: Driveway, Off Street, Parking Lot
Has uncovered spaces: Yes
Features
Patio & porch: Covered, Deck
Lot
Size: 0.58 Acres
Features: Near School, Near Shops
Residential vegetation: Partially Wooded
Details
Parcel number: 1344006463013697130000
Special conditions: Contract Vendee
Construction
Type & style
Home type: MultiFamily
Architectural style: Colonial
Property subtype: Quadruplex, Multi Family
Materials
Vinyl Siding
Condition
Actual
Year built: 1920
Utilities & green energy
Gas: Separate Gas Meters: 4
Sewer: Septic Tank
Water: Well, Private
Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected
Community & HOA
Location
Region: Pleasant Valley
Financial & listing details
Price per square foot: $129/sqft
Annual tax amount: $9,000
Date on market: 6/19/2026
Cumulative days on market: 54 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/15/2026
Price change
$439,999-7.4%$129/sqft
Source: OneKey® MLS as distributed by MLS GRID #1001702Report a problem
6/19/2026
Listed for sale
$475,000$139/sqft
Source: OneKey® MLS as distributed by MLS GRID #1001702Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
See how much you could borrow to make a competitive offer.
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.