37 Monhagen Avenue, Middletown, NY 10940
Local realty services provided by:Better Homes and Gardens Real Estate Choice Realty
37 Monhagen Avenue,Middletown, NY 10940
$450,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: isaiah lopez
Office: keller williams hudson valley
MLS#:1002381
Source:OneKey MLS
Price summary
- Price:$450,000
About this home
Welcome to an opportunity that is becoming harder and harder to find. This multi-family property sits on a nearly half-acre lot in the City of Middletown and offers investors, contractors, and ambitious buyers the chance to create significant value. With 2,151 square feet, five bedrooms, three full bathrooms, and income-producing potential, this is the type of property that rewards vision and execution.
Previously utilized as a three-unit property, the home will need to be used as a two-family residence moving forward per city guidelines. The opportunity here is simple: renovate, improve, and create a property capable of generating rental income for years to come. Whether your goal is to live in one unit while collecting rent from the other, add a cash-flowing asset to your portfolio, or pursue a value-add investment strategy, the foundation is already in place. Building plans are available to help complete the first-floor renovation, providing a head start for the next owner and helping bring the project to the finish line.
Outside, you’ll find a large driveway with ample off-street parking, a rear deck, and a level backyard that adds both functionality and tenant appeal. While substantial repairs and updates are needed, opportunities like this are becoming increasingly scarce. The combination of size, lot dimensions, rental potential, and available building plans creates a compelling opportunity for the buyer willing to put in the work.
Conveniently located near shopping, restaurants, schools, healthcare facilities, public transportation, and major commuter routes, the location further strengthens the property’s long-term appeal. Whether you’re looking to build equity, generate future rental income, expand your investment portfolio, or create a multi-generational living arrangement, this property offers the flexibility to support a variety of goals.
Bring your contractor. Bring your vision. The plans are available, the potential is clear, and the opportunity to create something special is waiting....
Contact an agent
Home facts
- Year built:1890
- Listing ID #:1002381
- Added:2 day(s) ago
- Updated:June 14, 2026 at 10:50 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Basement:Yes
- Basement Description:Partial
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1890
- Construction Materials:Wood Siding
Schools
- High school:Middletown High School
- Middle school:Monhagen Middle School
- Elementary school:Maple Hill Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Tax amount:$6,640 (2025)
Parking
- Parking description:Garage, Off Street
- Garage:Yes
- Garage spaces:1
New listings near 37 Monhagen Avenue
- New
$450,000Active-- beds -- baths1,450 sq. ft.13 Benton Avenue, Middletown, NY 10940
MLS# 1013153Listed by: HOWARD HANNA RAND REALTY - New
$415,000Active3 beds 1 baths1,032 sq. ft.80 Beattie Avenue, Middletown, NY 10940
MLS# 1012752Listed by: HOWARD HANNA RAND REALTY - Open Sat, 12 to 2pmNew
$200,000Active3 beds 1 baths735 sq. ft.121 Brookline Avenue, Middletown, NY 10940
MLS# 1012622Listed by: EXP REALTY - New
$279,000Active2 beds 1 baths1,200 sq. ft.19 Hulse Avenue, Middletown, NY 10940
MLS# 1012319Listed by: SERHANT LLC - Coming Soon
$499,999Coming Soon3 beds 3 baths6 Kennedy Terrace, Middletown, NY 10940
MLS# 1012365Listed by: ADEL CO ENTERPRISES INC - New
$449,000Active3 beds 3 baths1,200 sq. ft.202 Concord Lane, Middletown, NY 10940
MLS# 1012400Listed by: HOWARD HANNA RAND REALTY - Open Sun, 10am to 12pmNew
$289,000Active2 beds 1 baths806 sq. ft.4 Hulse Street, Middletown, NY 10940
MLS# 1011662Listed by: SERHANT LLC - Open Sun, 12 to 2pmNew
$589,900Active3 beds 3 baths2,192 sq. ft.311 New Vernon Road, Middletown, NY 10940
MLS# 1012072Listed by: RE/MAX BENCHMARK REALTY GROUP - New
$399,000Active2 beds 3 baths1,337 sq. ft.19 Putters Way #6, Middletown, NY 10940
MLS# 1011416Listed by: KELLER WILLIAMS HUDSON VALLEY