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328 S 1st AvenueMount Vernon, NY 10550

For Sale

$399,000

Smart Buyer Rebate - Ask

Welcome to 328 South 1st Avenue, Mount Vernon, NY, a legal two-family property offering tremendous value-add potential for investors, contractors, or owner-occupants looking to build equity. This spacious property features a desirable layout with a 3-bedroom unit and a 2-bedroom unit, providing excellent income-producing possibilities.

While the property requires renovations and updating, it presents a rare opportunity to customize and maximize its full potential. With strong rental demand in the area and the flexibility of a two-family configuration, the upside is significant for those with vision.

Conveniently located near shopping, restaurants, schools, public transportation, and major highways, this property offers easy access to neighboring communities and New York City. Whether you're looking for your next investment project or a long-term income-producing asset, 328 South 1st Avenue is a property worth exploring.

Bring your ideas and unlock the potential of this promising Mount Vernon multifamily opportunity!

Listed by Duwayne Shaw

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Shaw Properties

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914-377-2371

Last updated June 05, 2026

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Source: OneKey #1005742

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Side
  • Days on Prevu11
  • Taxes$8,618.35/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/05/2026
Status changed to Active
$399,000
06/05/2026
Listed by Shaw Properties
$399,000

Property Details for 328 S 1st Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Year Built: 1930
  • Construction Materials: Advanced Framing Technique, Vinyl Siding

Measurements

  • Building Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Square Feet: 3,485

Financial

Taxes

  • Parcel Number: 0800-169-031-03120-000-0010
  • Tax Annual Amount: $8,618.35
  • Tax Assessed Value: $8,700.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Other

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Driveway
  • Parking Total: 4

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: Wall/Window Unit(s)
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 328 S 1st Avenue.

What schools are nearby to 328 S 1st Avenue?

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 4 parking spaces available for 328 S 1st Avenue.

What are the annual taxes for 328 S 1st Avenue?

Annual taxes for this multi-family home are estimated at $8,618.

How does 328 S 1st Avenue compare to other multi-family homes in South Side?

This multi-family home is listed 51% below the average price for multi-family homes in South Side and has been on the market for 65 less days than the typical home in this area.

328 S 1st Avenue is a -bedroom multi-family home for sale in Mount Vernon NY 10550. On Prevu for 11 days at $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. Property amenities include parking. Browse more multi-family home listings in Mount Vernon.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

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.