292 Mill St Poughkeepsie, NY 12601
Estimated payment $3,391/month
About This Home
Exceptional mixed-use investment opportunity in the heart of downtown Poughkeepsie! This well-maintained brick building offers classic character paired with smart, low-maintenance ownership. Situated on a highly visible corner, the property blends residential income with prime commercial potential perfect for investors or owner-operators looking to plant roots in one of the Hudson Valley’s fastest-growing markets.
The building is in pristine condition and features two residential units along with a spacious ground-level commercial storefront ready for a new or expanding business. The residential apartments provide steady rental income, while the vacant commercial space opens the door for additional revenue or personal business use. Solid brick construction, efficient systems, and minimal exterior upkeep make this a truly turnkey, low-maintenance asset. Location is everything, and this property delivers. Just minutes from the Metro-North Railroad Poughkeepsie Train Station, commuting to New York City is simple and convenient. Residents and customers alike will love being close to major downtown attractions including the historic Bardavon Opera House, the scenic Walkway Over the Hudson, waterfront dining, breweries, shops, and year-round entertainment. Nearby hotels such as the DoubleTree by Hilton bringing consistent visitor traffic to the area, supporting strong foot flow for local businesses. Downtown Poughkeepsie continues to see revitalization and investment, making this an ideal time to secure a property that offers immediate income, future upside, and long-term stability. Whether you’re expanding your portfolio or launching a new venture, this standout brick building checks every box: location, condition, versatility, and income potential.
Listing Agent
Clarke Realty & Associates LLC License #10491210451 Listed on: 01/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,363
Year Built
- Built in 1910
Home Design
- Triplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Parking
- Parking Lot
- Off-Street Parking
Schools
- Morse Young Magnet Elementary School
- Poughkeepsie Middle School
- Poughkeepsie High School
Utilities
- Central Air
- Baseboard Heating
- Natural Gas Connected
Additional Features
- Basement Storage
- 871 Sq Ft Lot
Community Details
- 3 Units
- 1 Separate Gas Meter
Listing and Financial Details
- Assessor Parcel Number 131300-6162-69-101131-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $12,244 | $350,000 | $10,000 | $340,000 |
| 2023 | $11,654 | $350,000 | $10,000 | $340,000 |
| 2022 | $5,760 | $150,400 | $10,000 | $140,400 |
| 2021 | $5,866 | $144,600 | $10,000 | $134,600 |
| 2020 | $5,955 | $141,800 | $10,000 | $131,800 |
| 2019 | $5,922 | $135,000 | $10,000 | $125,000 |
| 2018 | $6,135 | $135,000 | $10,000 | $125,000 |
| 2017 | $5,983 | $135,000 | $10,000 | $125,000 |
| 2016 | $8,533 | $204,300 | $10,000 | $194,300 |
| 2015 | -- | $204,300 | $10,000 | $194,300 |
| 2014 | -- | $204,300 | $10,000 | $194,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2026 01/30/26 | For Sale | $475,000 | -- | $209 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | None Available | |
| Deed | $105,000 | -- | |
| Deed | $79,500 | Peter Mcginnis | |
| Deed | $32,000 | -- | |
| Deed | $3,267 | -- |
Source: OneKey® MLS
MLS Number: 956930
APN: 131300-6162-69-101131-0000
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Ask me questions while you tour the home.