Duplex with Mountain
For Sale
$500,000
186 Cty Rte 411, Greenville, NY 12193
MultiFamily, Greenville, NY
Property Size3,746 SF
Lot Size5.50 Acres
Price / SF$133.48
Days on Market138
Property Features for 186 Cty Rte 411
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 2
Parking
2
Parking features
Garage, Driveway
Patio and Porch features
Deck, Porch, Patio
Exterior features
Garden
Fireplace
1
Basement
Unfinished
Lot features
Sloped, Cleared
Elementary school district
Greenville
Middle school district
Greenville
High school district
Greenville
Directions
From Route 85, head toward Westerlo and turn right onto Route 143. Continue on Route 143, then turn onto County Route 411. Follow County Route 411 to the property at #186 on the left.
Standard status
Active
APN
013800 176.-2-2
Size
3,746 SF
Lot size
5.50 Acres
Taxes and HOA fees
Tax Annual Amount
14167
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air, Propane (Heating), Ductless (Heating)
Cooling system
Ductless, Central Air
Water source
Well
Amenities
storage
walk-up attic
stainless steel appliances
laundry hookups
wood-burning fireplace
central air
mini-splits
sunrooms
Building Details
Year built
1850
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Aluminum Siding
Roof type
Asphalt, Metal
Architectural style
Other
Listing Agency:
Venture Fox Realty Group LLC
(518) 290-1070
Listed By:
Theresa M Donlon · License #10301218544
(518) 819-9578
Added: May 22
Changed: Oct 2
Last Checked: Oct 6 at 12:06PM
MLS# 202617831
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 legal duplex includes two living units within a 3,746-square-foot property on 5.5 acres. Interior features include spacious bedrooms, a primary suite, enclosed sunrooms, hardwood and tile flooring, and a large living room with a wood-burning fireplace. Brand-new stainless steel appliances, laundry hookups, central air, and ductless systems support everyday use across the property.
A full walk-up attic provides additional storage, while the grounds include a garden, deck, patio, porch, driveway, garage, and outbuildings. Mountain views and access to skiing, golf, hiking, and farm-to-table dining are noted nearby. The property uses a private well and septic tank, was built in 1850, and is located in the Greenville School District, which offers an International Baccalaureate Program.
A full walk-up attic provides additional storage, while the grounds include a garden, deck, patio, porch, driveway, garage, and outbuildings. Mountain views and access to skiing, golf, hiking, and farm-to-table dining are noted nearby. The property uses a private well and septic tank, was built in 1850, and is located in the Greenville School District, which offers an International Baccalaureate Program.
Key Highlights
- Legal 2‑family configuration with two living units
- 5.5 acres with mountain views, garden, deck, patio, and porch
- 3,746 square feet with a full walk‑up attic and ample storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,254
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,080
$865.1K
Cap Rate 7%
$617,914
$617.9K
Cap Rate 9%
$480,600
$480.6K
Market Conditions
NOI Build-Up for 3,746 SF
Gross rent
$65.2K $17.40/SF
− Vacancy
−$3.4K −$0.90/SF
EGI
$61.8K $16.50/SF
− OpEx
−$18.5K −$4.95/SF
NOI
$43.3K $11.55/SF
Area
Albany County, NY
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,080
Cap Rate 7%
$617,914
Cap Rate 9%
$480,600
Alternative Uses
Best Use
Multifamily LT 5
$617.9K
$540.7K – $720.9K
NOI $43,254 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$571.6K
$500.2K – $666.9K
NOI $40,013 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,824 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 12193, NY
1,934
Population
1,104
Households
1.8
Avg Household Size
48
Median Age
32%
College-Educated
96%
High-School Grad
37.9 sq mi
ZIP Area
51
Density / Sq Mi
$76,438
Median Household Income
$47,784
Median Earnings
$266,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family layout with separate living units, storage, and laundry hookups.
Where is this duplex located?
The property is located at 186 Cty Rte 411 Greenville, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Legal 2‑family configuration with two living units; 5.5 acres with mountain views, garden, deck, patio, and porch; 3,746 square feet with a full walk‑up attic and ample storage
