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314 S 5th aveMount Vernon, NY 10550

For Sale

$1,399,000

Smart Buyer Rebate $13,990

Welcome to 314 S 5th Avenue, a well-maintained legal 3-family property offering strong and stable rental income. All three apartments have been tastefully renovated within the last two years, providing modern finishes and turnkey ownership for the next investor.

This super clean property features excellent long-term tenants with rents conveniently deposited directly into the owner's account, making management seamless and hassle-free. Additional highlights include a private driveway, detached garage, and a finished basement that is currently vacant, offering potential for storage, recreation, or additional income opportunities .

Whether you're an experienced investor or looking to expand your portfolio, this property delivers consistent cash flow, low maintenance, and pride of ownership throughout. Conveniently located near transportation, shopping, schools, and major highways.

Listed by Avnish Kumar

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Vision Homes Real Estate LLC

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718-480-1231

Last updated June 23, 2026

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Source: OneKey #1016683

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Side
  • Days on Prevu40
  • Taxes$21,032/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/22/2026
Listed by Vision Homes Real Estate LLC
$1,399,000

Property Details for 314 S 5th ave

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Updated/Remodeled
  • Year Built: 1960
  • Construction Materials: Stucco

Measurements

  • Building Area Units: Square Feet
  • Lot Size Square Feet: 6,800

Financial

Residential Income

  • Gross Income: $122,124.00
  • Operating Expense: $19,681.00

Taxes

  • Tax Annual Amount: $21,032.00
  • Tax Year: 2026

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen

Rooms

  • Basement: Finished, Full, Walk-Out Access
  • Has Basement: Yes

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway

Schools

Elementary School

  • Elementary School: Cecil H Parker School
  • Elementary School District: Mount Vernon

High School

  • High School: Mt Vernon High School
  • High School District: Mount Vernon

Middle or Junior School

  • Middle Or Junior School: Benjamin Turner Middle School
  • Middle Or Junior School District: Mount Vernon

Utilities

Equipment

  • Cooling: Electric, Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 314 S 5th ave.

What schools are nearby to 314 S 5th ave?

Nearby schools include the Cecil H Parker School Elementary School, Benjamin Turner Middle School, and Mt Vernon High School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 314 S 5th ave.

What are the annual taxes for 314 S 5th ave?

Annual taxes for this multi-family home are estimated at $21,032.

How does 314 S 5th ave compare to other multi-family homes in South Side?

This multi-family home is listed 65% above the average price for multi-family homes in South Side and has been on the market for 97 less days than the typical home in this area.

314 S 5th ave is a -bedroom multi-family home for sale in Mount Vernon NY 10550. Listed on Prevu for 40 days at $1,399,000. This residence is located in South Side. The median listing price for multi-family homes in this area is $749,900. Nearby schools include Cecil H Parker School Elementary School, Benjamin Turner Middle School, and Mt Vernon High School. The home offers parking. View other multi-family home listings in Mount Vernon.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.