Seller's Agent in 2025
Curtis Darragh
Legacy Land & Homes LLC
(845) 206-9462
31 Total Sales
1 Morgan Ave Poughkeepsie, NY 12601
Poughkeepsie Area
4
Beds
4
Baths
5,160
Sq Ft
4,356
Sq Ft Lot
About This Home
As of October 2025Attention Investors! Passive income is the key to financial freedom and this property is a cash cow! *1031 Exchange Buyers - ask about our 13 Door Package deal with this property. Extraordinary investment opportunity nestled in the heart of Poughkeepsie, New York. This 4 Family offers four 1-bedroom/1-bathroom units, fully occupied with a twelve-month rental history available for qualified buyers. Distinguished by a current 7.65 cap rate, with room to grow, pro forma at current market rent puts this over 9.74 cap rate! providing an exclusive advantage to the new owner—an opportunity to gradually increase rents, significantly magnifying your returns. Whether you're a seasoned investor or just entering the market, this property offers a winning combination of stability and growth potential. Hurry before it's gone!
Last Agent to Sell the Property
Legacy Land & Homes LLC Brokerage Phone: 845-206-9462 License #10491202162 Listed on: 02/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,247
Year Built
- Built in 1920
Lot Details
- 4,356
Parking
- On-Street Parking
Home Design
- Quadruplex
- Frame Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Schools
- Warring Magnet Acad Of Sci & Tech Elementary School
- Poughkeepsie Middle School
- Poughkeepsie High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Radiant Heating System
Additional Features
- 4,356 Sq Ft Lot
- Property is near schools
- Unfinished Basement
Community Details
- 4 Units
- 4 Separate Gas Meters
Listing and Financial Details
- Assessor Parcel Number 131300-6162-72-453138-0000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2025
Closed on
Oct 15, 2025
Sold by
Bought by
Seller's Agent
Curtis Darragh
Legacy Land & Homes LLC
Buyer's Agent
Luby Contreras
Keller Williams Realty Partner
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
362
Purchase Details
Closed on
Dec 12, 2019
Sold by
Bought by
Purchase Details
Listed on
May 4, 2019
Closed on
Jul 29, 2019
Sold by
Bought by
Seller's Agent
Curtis Darragh
Legacy Land & Homes LLC
Buyer's Agent
KYLE FLANAGAN
eXp Realty
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Purchase Details
Listed on
Jul 3, 2014
Closed on
May 12, 2015
Sold by
Bought by
Seller's Agent
Barbara Korabel
Past Member
Buyer's Agent
Barbara Korabel
Past Member
List Price
$216,000
Sold Price
$195,000
Premium/Discount to List
-$21,000
-9.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$146,250
Interest Rate
0.0365%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 17, 2012
Closed on
Mar 15, 2012
Sold by
Bought by
Seller's Agent
Rich Rundle
Greenan Properties RE Agency
Buyer's Agent
Jeffery Dolfinger
24/7 Realty Inc
List Price
$49,900
Sold Price
$49,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.78%
Purchase Details
Closed on
Dec 13, 2011
Sold by
Bought by
Purchase Details
Closed on
Feb 12, 1998
Purchase Details
Closed on
Feb 9, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 27, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $550,000 | -- | ||
| -- | None Available | ||
| $220,000 | All New York Title Agency | ||
| $195,000 | Joseph Gemmati | ||
| $49,900 | -- | ||
| $234,018 | -- | ||
| $11,500 | -- | ||
| $1,299 | -- | ||
| $921 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $146,250 | ||
| Previous Owner | $146,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | Sold | $550,000 | -8.3% | $107 / Sq Ft | |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- | |
| 02/01/2025 02/01/25 | For Sale | $600,000 | +172.7% | $116 / Sq Ft | |
| 07/29/2019 07/29/19 | Sold | $220,000 | -8.3% | $43 / Sq Ft | View Prior Sale |
| 07/15/2019 07/15/19 | Pending | -- | -- | -- | |
| 05/04/2019 05/04/19 | For Sale | $239,900 | +23.0% | $46 / Sq Ft | |
| 05/17/2015 05/17/15 | Sold | $195,000 | -9.7% | $38 / Sq Ft | View Prior Sale |
| 04/08/2015 04/08/15 | Pending | -- | -- | -- | |
| 07/02/2014 07/02/14 | For Sale | $216,000 | +332.9% | $42 / Sq Ft | |
| 04/02/2012 04/02/12 | Sold | $49,900 | 0.0% | $10 / Sq Ft | View Prior Sale |
| 03/01/2012 03/01/12 | Pending | -- | -- | -- | |
| 02/17/2012 02/17/12 | For Sale | $49,900 | -- | $10 / Sq Ft |
Source: OneKey® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,458 | $360,000 | $53,900 | $306,100 |
| 2024 | $11,458 | $320,300 | $53,900 | $266,400 |
| 2023 | $10,621 | $308,000 | $53,900 | $254,100 |
| 2022 | $9,685 | $280,000 | $49,000 | $231,000 |
| 2021 | $8,925 | $220,000 | $49,000 | $171,000 |
| 2020 | $9,980 | $220,000 | $49,000 | $171,000 |
| 2019 | $10,150 | $220,000 | $49,000 | $171,000 |
| 2018 | $12,284 | $220,000 | $49,000 | $171,000 |
| 2017 | $11,876 | $220,000 | $49,000 | $171,000 |
| 2016 | $10,514 | $220,000 | $49,000 | $171,000 |
| 2015 | -- | $220,000 | $49,000 | $171,000 |
| 2014 | -- | $287,500 | $49,000 | $238,500 |
Source: Public Records
Agents Affiliated with this Home
-
Curtis Darragh
-
Luby Contreras
L
Buyer's Agent in 2025
Luby Contreras
Keller Williams Realty Partner
(914) 646-6960
20 Total Sales
-
K
Buyer's Agent in 2019
KYLE FLANAGAN
eXp Realty
-
B
Seller's Agent in 2015
Barbara Korabel
Past Member
-
Rich Rundle
R
Seller's Agent in 2012
Rich Rundle
Greenan Properties RE Agency
(845) 224-4447
8 Total Sales
-
J
Buyer's Agent in 2012
Jeffery Dolfinger
24/7 Realty Inc
Map
Source: OneKey® MLS
MLS Number: 817405
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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