Two-Family Investment Opportunity – RYE BROOK property at PORT CHESTER prices!!
This beautifully maintained two-family home in the highly desirable Rye Brook area offers a rare opportunity for both investors and owner-occupants. Currently generating over $5,200/month in rental income, with rents still below market value. This property presents immediate upside potential. A standout feature is the finished, currently VACANT walk-out basement, previously used as an in-law suite. This space offers excellent flexibility and can be combined with the first-floor unit to achieve an estimated rental income of $4,200+ per month.The home features two well-appointed residential units, each with in-unit washer and dryer and hardwood floors throughout. The second-floor unit includes carpeting for added sound insulation.
Highlights include:
Strong Income + Value-Add Potential: Consistent cash flow with room for rent growth
Flexible Layout: Ideal for investors, owner-occupants, or multi-generational living
Prime Location: Quiet, tree-lined street just minutes to Rye Ridge Shopping Center, downtown Port Chester, Rye, Greenwich, Metro-North, I-287 & I-95
Ample Parking: Off-street parking for up to 6 vehicles
Lower-Level Flex Space: Finished walk-out level with rec room, bath, and bonus room—perfect for extended living or recreation
Outdoor Appeal: Beautifully landscaped property including Shed for extra storage.This is a rare opportunity to own a versatile, income-producing property in one of Westchester’s most sought-after locations.
Don’t miss it! Residual Income , Increasing Equity and Long-Term Appreciation
58 days
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Zillow last checked:
Listing updated:
Listed by:
E Realty International Corp718-886-8110,
Cosmo Iadanza917-345-5504
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1008396
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Heating
Forced Air
Cooling
Wall/Window Unit(s)
Appliances
Laundry: Washer/Dryer Hookup
Features
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, In-Law Floorplan
Flooring: Hardwood
Basement: Finished,Full,Walk-Out Access
Interior area
Total structure area: 1,972
Total interior livable area: 1,972 sqft
Property
Parking
Total spaces: 6
Parking features: Alley Access, Attached, Driveway, Off Street, Private
Has uncovered spaces: Yes
Lot
Size: 7,256 Square Feet
Details
Parcel number: 48051350000008300100430000000
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Attached to another structure: Yes
Materials
Vinyl Siding
Condition
Year built: 1958
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Community & HOA
Location
Region: Port Chester
Financial & listing details
Price per square foot: $455/sqft
Tax assessed value: $734,700
Annual tax amount: $17,319
Date on market: 6/3/2026
Cumulative days on market: 51 days
Listing agreement: Exclusive Right To Sell
Tenant pays: All Utilities
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
7/24/2026
Price change
$898,000-0.1%$455/sqft
Source: OneKey® MLS as distributed by MLS GRID #1008396Report a problem
7/22/2026
Listed for sale
$899,000$456/sqft
Source: OneKey® MLS as distributed by MLS GRID #1008396Report a problem
7/15/2026
Pending sale
$899,000$456/sqft
Source: OneKey® MLS as distributed by MLS GRID #1008396Report a problem
6/3/2026
Listed for sale
$899,000+103.4%$456/sqft
Source: OneKey® MLS as distributed by MLS GRID #1008396Report a problem
5/4/2016
Sold
$442,000-11.4%$224/sqft
Source: OneKey® MLS as distributed by MLS GRID #H4551273Report a problem
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.
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.