314 S 5th ave, Mount Vernon, NY, 10550
About This Home
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.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1960
Materials
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished,Full,Walk-Out Access
Features
- First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen
Heating & Cooling
- Heating features: Baseboard,Natural Gas
- Cooling features: Electric,Wall/Window Unit(s)
Property
Details
- Parcel number: 5508001693030837
- Special condition: None
Lot
- Lot size: 6,800 sqft
Parking
- Total spaces: 2
- Parking features: Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Westchester County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,074 | $84,888 |
| Home Insurance * | $623 | $7,476 |
| Property Taxes | $2,145 | $25,740 |
| Electricity | $246 | $2,954 |
| Total | $10,088 | $121,056 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-22 | Listed for sale | $1,399,000 |
| 2026-06-09 | Listing removed | $1,249,500 |
| 2026-05-05 | Price change | $1,249,500 |
| 2026-04-21 | Listed for sale | $1,499,999 |
| 2025-11-11 | Listing removed | $2,700 |
| 2025-08-29 | Listed for rent | $2,700 |
| 2025-04-02 | Listing removed | $1,225,000 |
| 2025-01-07 | Price change | $1,225,000 |
| 2024-12-19 | Listed for sale | $1,250,000 |
| 2022-03-03 | Listing removed | -- |
| 2021-12-28 | Price change | $500,000 |
| 2021-12-02 | Listed for sale | $550,000 |
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