Multi-Family Duplex with Sun
For Sale
$975,000
103-105 East Avenue, Saratoga Springs, NY 12866
MULTI_FAMILY - Other - Saratoga Springs, NY
Property Size4,164 SF
Lot Size0.37 Acres
Price / SF$234.15
Days on Market48
Property Features for 103-105 East Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
5
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 5, Bathroom 1, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking
10
Parking features
Garage
Patio and Porch features
Porch
Interior features
Wall Paneling, Solid Surface Counters, Paddle Fan, High Speed Internet, Walk-In Closet(s), Built-in Features, Ceramic Tile Bath, Chair Rail, Crown Molding
Exterior features
Garden
Basement
Full
Lot features
Landscaped, Wooded, Cleared
High school
Saratoga Springs
Elementary school district
Saratoga Springs
Middle school district
Saratoga Springs
High school district
Saratoga Springs
Directions
From Rt 50 Saratoga Springs (Exit 15) Head West toward Downtown. Left on East Ave. Duplex on Right, after crossing Excelsior Avenue. From Exit 14, across from Saratoga Springs Race Track Entrance is East Avenue. Duplex will be on the Left.
Standard status
Active
APN
411501 166.37-2-4.1
Size
4,164 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Annual Amount
15000
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2001
Number of units
2
Flooring type
Carpet, Tile, Hardwood
Building materials
Vinyl Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Monique Boulet · License #10301215029
(518) 312-6309
Added: Jun 14
Changed: Jul 24
Last Checked: Jul 31 at 6:06AM
MLS# 202619629
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit duplex is built for flexibility, with each unit featuring more than 2,000 square feet of light-filled, open-concept living. Each oversized unit includes three bedrooms and two and a half bathrooms, along with a sun room and a second-floor laundry area. The property also offers dedicated private garages and a large basement waiting to be finished for additional space. The structure can be used as a live-in rental configuration or, as described in the remarks, converted into a larger single residence.
Located at 103-105 East Avenue in Saratoga Springs, the home provides off-street parking for guests. The Spring Run Trail is directly across the street, and the Northway is about one mile away. The seller also notes it can be purchased together with the adjacent duplex at 111-113 East Avenue as a package deal for portfolio expansion.
Located at 103-105 East Avenue in Saratoga Springs, the home provides off-street parking for guests. The Spring Run Trail is directly across the street, and the Northway is about one mile away. The seller also notes it can be purchased together with the adjacent duplex at 111-113 East Avenue as a package deal for portfolio expansion.
Key Highlights
- Two units with oversized townhome‑style layouts, each over 2,000 SF, featuring open‑concept living with 3 bedrooms and 2.5 baths
- Each unit includes a sun room and 2nd‑floor laundry, plus built‑in features, walk‑in closets, and solid surface counters
- Climate control includes natural gas forced‑air heat and central air; ceramic tile baths with hardwood, tile, and carpet flooring
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.4k | $22.20 |
| − Vacancy | −$4.2k | −$1.00 |
| EGI | $88.3k | $21.20 |
| − OpEx | −$26.5k | −$6.36 |
| NOI | $61.8k | $14.84 |
4,164 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$882.8K
$772.5K – $1.03M
NOI $61,797 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$789.8K
$691.1K – $921.5K
NOI $55,289 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,244 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 12866, NY
40,355
Population
20,462
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
628
Density / Sq Mi
$98,374
Median Household Income
$53,265
Median Earnings
$1,460
Median Rent
$419,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex offering oversized living areas, private garages, and off-street parking in Saratoga Springs, NY.
Where is this duplex located?
The property is located at 103-105 East Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two units with oversized townhome‑style layouts, each over 2,000 SF, featuring open‑concept living with 3 bedrooms and 2.5 baths; Each unit includes a sun room and 2nd‑floor laundry, plus built‑in features, walk‑in closets, and solid surface counters; Climate control includes natural gas forced‑air heat and central air; ceramic tile baths with hardwood, tile, and carpet flooring
