Residential investment opportunity: two renovated homes and two barns on one parcel in a walk-to-town Riverhead location. Long-term tenants and leases are in place, with upside potential in rents. Buyer must assume all existing leases; tenants will not be vacated to facilitate a sale.
331 Maple Avenue offers approximately 3,000 SF with 6 bedrooms and 3 baths, while 329 Maple Avenue features 3 bedrooms and 1 bath. Both homes have new kitchens, baths, roofs, siding, and renovated interiors. Mechanical upgrades include new heating and hot water at 331, and new heating, air conditioning, and hot water at 329. Two barns offer additional rental potential and storage flexibility, subject to permitted uses.
Located near downtown Riverhead’s major revitalization efforts, including the nearly $33 million Town Square project, this property combines established tenancy, extensive improvements, and rental upside near significant downtown reinvestment.
Call for Details. Proof of funds required prior to any showing
For sale
$1,495,000
329-331 Maple Avenue, Riverhead, NY 11901
9beds
4,000sqft
Single Family Residence, Residential
Built in 1908
0.27 Acres Lot
$1,465,600 Zestimate®
$374/sqft
$-- HOA
What's special
New heatingRenovated homesRenovated interiorsNew kitchensTwo barns
- 5 days
- 98
- 6
Zillow last checked:
Listing updated:
Listed by:
East End Luxury Ltd 631-477-6626,
Kristopher Pilles 631-477-6626
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1059395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Oven, Range, Refrigerator, Stainless Steel Appliance(s)
Features
- First Floor Bedroom, First Floor Full Bath
- Flooring: Vinyl, Wood
- Basement: Bilco Door(s)
- Attic: Unfinished
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Off Street, On Street
- Has garage: Yes
- Has uncovered spaces: Yes
Lot
- Size: 0.27 Acres
Details
- Parcel number: 0600126000400053000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence, Residential
Materials
- Frame
- Foundation: Block
Condition
- Actual
- Year built: 1908
- Major remodel year: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Riverhead
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $49,000
- Annual tax amount: $14,416
- Date on market: 10/16/2026
- Listing agreement: Exclusive Agency
- Electric utility on property: Yes
Estimated market value
$1,465,600
$1.39M - $1.54M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Listed for sale | $1,495,000+50.3%$374/sqft |
Source: | ||
| 2/10/2022 | Listing removed | -- |
Source: | ||
| 6/8/2021 | Listed for sale | $995,000$249/sqft |
Source: | ||
| 5/24/2021 | Listing removed | -- |
Source: | ||
| 2/8/2021 | Listed for sale | $995,000$249/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 11901
Nearby schools
Schools provided by the listing agent
- Elementary: Roanoke Avenue School
- Middle: Riverhead Middle School
- High: Riverhead Senior 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.






