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Two-Duplex Residential Property
For Sale
$509,000

431-433 W Lawrence Street, Albany, NY 12208

Residential Income, Albany, NY

Property SizeContact for details
Lot Size0.20 Acres
Days on Market111

Property Features for 431-433 W Lawrence Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 8, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 4
Subdivision New Scotland
Directions New Scotland Ave to West Lawrence
Standard status Active
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 16000

Utilities

Heating system Electric (Heating)
Water source Public

Amenities

coin laundry on site

Building Details

Floors in Building 2
Listing Agency: REALTY ONE GROUP KEY
Listed By: Leah Witko · License #10401256547
Added: May 12 Changed: Aug 25 Last Checked: Aug 30 at 8:06PM
MLS# 11742548

Copyright © 2026 My State MLS. 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 offering includes two adjoining duplex buildings with four residential units in total. Each unit provides two bedrooms, and the property includes coin-operated laundry and backyard space. Electric heating and public water serve the buildings.

The units are occupied on month-to-month arrangements, while the landlord pays for hot water. Situated on a 0.2-acre parcel in Albany, the property is located along W Lawrence Street in an area characterized largely by single-family homes.

Key Highlights

  • Two adjoining duplex buildings with four residential units
  • Each unit includes 2 bedrooms
  • Coin‑operated laundry on site

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Building Supply Accounting Firm Auto Repair Shop

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,317
Businesses Nearby

Demographics for 12208, NY

22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
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 - Four residential units offer two-bedroom layouts, shared laundry, and flexible month-to-month occupancy.
Where is this duplex located?
The property is located at 431-433 W Lawrence Street Albany, NY.
What is the asking price?
The asking price for this property is $509,000.
What are key features of this property?
This property features: Two adjoining duplex buildings with four residential units; Each unit includes 2 bedrooms; Coin‑operated laundry on site
More about this property
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