$1,050,000

340 Locust Ave Port Chester, NY 10573

$10,000
Closing credit¹
5 beds
3 full
0.08 acres
Multi-Family

Property details

About 340 Locust Ave

Presenting an upgraded legal three-family residence, offering a blend of classic charm and modern amenities. This property is ideal for investors seeking strong rental income or homeowners looking for an owner-occupant opportunity with supplemental revenue. • Unit 1: Spacious 3-bedroom, 1-bathroom apartment featuring a large eat-in kitchen with stainless steel appliances. This ground-floor unit boasts generous living space, making it highly attractive to tenants. • Unit 2: 1-bedroom, 1-bathroom apt. with a cozy living area and functional kitchen. •Unit 3: 1-bedroom, 1-bathroom apt. with private entrance, currently leased to a long-term Section 8 tenant who has maintained the space exceptionally well. This provides steady, guaranteed rental income and the option to bring the unit to market rates in the future or vacate for owner-occupancy. Interior Improvements: Renovated kitchens and bathrooms, plus new flooring throughout. Newly Sealed Roof: Ensuring long-term durability and lower maintenance costs. Submetered Units: Allowing tenants to be responsible for their own electric-utility costs, increasing efficiency. Parking Potential: Two-car tandem driveway with additional parking opportunities in the rear of building to increase revenue. Prime Location: Walking distance to public transportation, shopping, and dining options.

Highlights

Home typeTriplex
HeatingOil
StatusActive
BasementYes
Lot size0.0815 Acres
Year built1926
ParkingDriveway
MLS #842798

Summary

  • MLS Number: 842798
  • MLS Name: ONEKEY2
  • Office Name: Santos Realty Group, LLC
  • Office Phone: (914) 939-2390

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/4/2025, 11:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house featuring brick siding

$1,050,000

340 Locust Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 28, 2017
Home Sold
$420,000
May 03, 2004
Home Sold
$420,000

Tax history

YearAssessmentProperty Tax
2023$616,400$-
2022$581,500$-
2021$472,000$-
2020$462,700$-
2019$415,900$13,107
2018$382,500$14,488
2017$407,100$14,796

History based on county public records data.

Nearby schools

5

Thomas a Edison School

Public District KG-5

0.1 mi

132 Rectory St

5

New Lebanon School

Public District PK-5

0.7 mi

25 Mead Ave

4

Park Avenue School

Public District KG-5

0.8 mi

Park Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,515. Most Port Chester, NY residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

20%
<35k
55%
35k-100k
20%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 340 Locust Ave in Port Chester, NY and zip code 10573. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,050,000.

In March 2025 more than 3 listings in Port Chester, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. The number of listings in Port Chester, NY decreased by 5.6% between February and March 2025. The median list price of listings available in March 2025 was $745,000, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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