Incredible investment opportunity awaits in the high-demand rental market of Yonkers! Located on Lee Avenue, this classic 2-unit residential property is a prime addition to any real estate portfolio. Capitalize on the strong rental demand of Westchester County's largest city, offering excellent potential for steady cash flow and long-term equity growth. The property features a welcoming front porch, a second-floor balcony, a spacious driveway, and a detached garage providing highly coveted off-street parking. Inside, you will find generous layouts featuring hardwood flooring, separate dining spaces, and bright living areas. This multi-family asset also includes a full basement, offering substantial potential for storage, utility space, or future optimization. Being sold strictly as-is, this property presents a fantastic canvas for investors looking to renovate, add value, and maximize market-rate rents. Bring your vision and unlock the immense potential of this asset. Schedule your viewing today!
Listed by George Frangoulis
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William Raveis Real Estate
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914-723-1331
Last updated June 09, 2026
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Source: OneKey #1005602
Listing Facts
TypeMulti-family
NeighborhoodTibbets Hills
Bedrooms5
Bathrooms2
Days on Prevu14
Taxes$11,580/year
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
06/02/2026
Listed by William Raveis Real Estate
$749,000
Property Details for 38 Lee Avenue
Exterior
Construction
Number Of Units Total: 2
Property Condition: Actual
Year Built: 1924
Architectural Style: Colonial
Construction Materials: Block, Brick
Features
Patio And Porch Features: Patio, Porch
Measurements
Building Area Total: 2,088
Building Area Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3,049
Financial
Taxes
Parcel Number: 1800-006-000-06002-000-0057
Tax Annual Amount: $11,580.00
Tax Assessed Value: $10,108.00
Tax Year: 2025
Interior
Features
Flooring: Carpet, Hardwood
Interior Features: Eat-in Kitchen, Formal Dining, High Ceilings
Rooms
Basement: Unfinished
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 5
Parking
Parking
Garage Spaces: 2
Garage: Yes
Parking Features: Carport, Garage
Schools
Elementary School
Elementary School: Yonkers (School Choice)
Elementary School District: Yonkers
High School
High School: Yonkers (School Choice)
High School District: Yonkers
Middle or Junior School
Middle Or Junior School: Yonkers (School Choice)
Middle Or Junior School District: Yonkers
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Oil
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 5 bedrooms and 2 bathrooms in this multi-family home at 38 Lee Avenue.
What schools are nearby to 38 Lee Avenue?
Nearby schools include the Yonkers (School Choice) Elementary School, Yonkers (School Choice) Middle School, and Yonkers (School Choice) High School.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 38 Lee Avenue.
What are the annual taxes for 38 Lee Avenue?
Annual taxes for this multi-family home are estimated at $11,580.
How does 38 Lee Avenue compare to other multi-family homes in Tibbets Hills?
This multi-family home is listed 0% below the average price for multi-family homes in Tibbets Hills and has been on the market for 36 less days than the typical home in this area.
38 Lee Avenue is a 5-bedroom, 2-bath multi-family home for sale in Yonkers NY 10705. Listed on Prevu for 14 days at $749,000. This residence is located in Yonkers. The median listing price for multi-family homes in this area is $675,000. Nearby schools include Yonkers (School Choice) Elementary School, Yonkers (School Choice) Middle School, and Yonkers (School Choice) High School. Property amenities include private outdoor space and parking. Browse more multi-family home listings in Yonkers.
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