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Albany Two-Unit Investment Opportunity
For Sale
$240,000
Pending

4 Wilkins Avenue, Albany, NY 12206

MULTI_FAMILY - Other - Albany, NY

Property Size2,184 SF
Lot Size0.13 Acres
Days on Market371

Property Features for 4 Wilkins Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 1
Parking 2
Parking features Driveway, Garage
Basement Full
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Head northeast on Henry Johnson Blvd toward Clinton Ave, Turn left onto Livingston Ave, Turn right onto Wilkins Ave, Destination will be on the left
Standard status Pending
APN 010100 65.48-2-59
Size 2,184 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 2095

Utilities

Sewer type Public Sewer
Heating system Radiant, Natural Gas
Water source Public

Amenities

washer/dryer hookups
private driveway
dry basement

Building Details

Year built 1927
Number of units 2
Flooring type Laminate
Building materials Wood Siding
Roof type Rubber
Architectural style Other
Listing Agency: Real Broker NY LLC
Listed By: Saad Tai · License #10401373295
Added: Aug 8, 2025 Changed: Aug 13 Last Checked: Aug 13 at 4:06AM
MLS# 202523535

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 well-maintained two-unit property is located in a desirable area of Albany. Each unit features a functional layout. Washer and dryer hookups are available. The property includes a private driveway and access to a dry basement, providing additional storage space. The property is currently leased to long-term tenants. Leases are at below-market rents, presenting an opportunity for increased revenue. The lot size is 0.13 acres and the property size is 2184 square feet. This property can be purchased individually or as part of a three-property investment package with 10 Wilkins Ave and 8 Wilkins Ave.

Key Highlights

  • Well‑maintained 2‑unit property in Albany with functional layouts in both units
  • Currently leased at below‑market rents with long‑term tenant occupancy
  • Washer/dryer hookups available for added convenience in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Catering Service Real Estate Agency Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,049
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained Albany duplex with income potential and long-term tenants.
Where is this duplex located?
The property is located at 4 Wilkins Avenue Albany, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Well‑maintained 2‑unit property in Albany with functional layouts in both units; Currently leased at below‑market rents with long‑term tenant occupancy; Washer/dryer hookups available for added convenience in each unit
More about this property
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