Rare opportunity in Malverne: updated two-family home with strong rental income and a below-market assumable mortgage at under 3%. Can be delivered partially occupied or vacant, offering immediate cash flow or owner-occupant flexibility.
Both units feature updated kitchens, freshly painted interiors, and refinished hardwood floors. A cozy fireplace adds character, and the home blends classic charm with modern updates.
Income & flexibility:
Upstairs unit currently rented at $2,400/month. Second unit can rent for approximately $2,800/month, offering a potential total of ~$5,200/month. Property can be delivered partially occupied or vacant.
Highlights:
1.5-car garage
Full unfinished basement with storage
Recently painted exterior
Private backyard
Quiet mid-block location
Located in the Village of Malverne with tree-lined streets, strong community feel, and convenient access to LIRR, shops, restaurants, and parks.
Financing Opportunity:
Assumable mortgage available at under 3% for qualified buyers (~$350K remaining balance). Buyer must qualify with lender and cover difference between loan balance and purchase price.
Property taxes approx. $13,200/year.
For Sale By Owner – No Agent Solicitation Please
For sale by owner
$870,000
2 Birch Rd, Malverne, NY 11565
3beds
1,696sqft
MultiFamily
Built in 1932
-- sqft lot
$-- Zestimate®
$513/sqft
$-- HOA
What's special
Cozy fireplacePrivate backyardUpdated kitchensRecently painted exteriorRefinished hardwood floorsQuiet mid-block locationFreshly painted interiors
- 8 days |
- 1,639 |
- 84 |
Listing by:
Property Owner (516) 641-1390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant, Gas
Cooling
- Central
Appliances
- Included: Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Eat-in Kitchen, 1st Floor Bedrm, Formal Dining Room
- Flooring: Hardwood
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,696 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
Features
- Exterior features: Stucco
Lot
- Size: 6,700 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 3700E000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Malverne
Financial & listing details
- Price per square foot: $513/sqft
- Tax assessed value: $418,000
- Date on market: 5/5/2026
- Inclusions: Oven/Range, Refrigerator, Second Stove
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
$3,701/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $870,000+73.3%$513/sqft |
Source: Owner Report a problem | ||
| 2/4/2021 | Sold | $502,000-4.4%$296/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #L3238705 Report a problem | ||
| 10/13/2020 | Listing removed | $524,999$310/sqft |
Source: Century 21 Catapano Homes #3238705 Report a problem | ||
| 9/25/2020 | Price change | $524,999-4.4%$310/sqft |
Source: Century 21 Catapano Homes #3238705 Report a problem | ||
| 8/1/2020 | Listed for sale | $549,000$324/sqft |
Source: Century 21 Catapano Homes #3238705 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $418 +4% |
| 2023 | -- | $402 -11.1% |
| 2022 | -- | $452 |
| 2021 | $8,084 +15.2% | -- |
| 2020 | $7,020 -1% | $471 -6.7% |
| 2019 | $7,092 | $505 -6.1% |
| 2018 | $7,092 -1.7% | $538 -5.9% |
| 2017 | $7,218 -4.3% | $572 -5.6% |
| 2016 | $7,544 +693.9% | $606 -5.3% |
| 2015 | $950 -5% | $640 -12.8% |
| 2013 | $1,000 -6% | $734 -10.9% |
| 2012 | $1,064 -83.8% | $824 -12.1% |
| 2011 | $6,548 -4.2% | $937 -12.5% |
| 2010 | $6,834 | $1,071 -7.6% |
| 2009 | -- | $1,159 +5.9% |
| 2008 | -- | $1,094 +5.9% |
| 2006 | -- | $1,033 -40.5% |
| 2005 | -- | $1,735 -39.7% |
| 2004 | -- | $2,877 |
| 2003 | -- | $2,877 -49.9% |
| 2002 | -- | $5,741 |
| 2001 | -- | $5,741 |
| 2000 | -- | $5,741 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 11565
Nearby schools
GreatSchools rating
- NAMaurice W. Downing Primary K-2 SchoolGrades: K-2Distance: 0.4 mi
- 6/10Howard T Herber Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Malverne Senior High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Middle: Howard T Herber Middle School
- High: Malverne Senior High School
- District: Malverne
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Nassau County
- Malverne
- 11565
- 2 Birch Rd
Nearby cities
Nearby zip codes
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