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Corner-Lot Duplex with Private Garages
For Sale
$898,000

111-113 East Avenue, Saratoga Springs, NY 12866

MULTI_FAMILY - Other - Saratoga Springs, NY

Property Size2,992 SF
Lot Size0.28 Acres
Price / SF$300.13
Days on Market48

Property Features for 111-113 East Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 6
Parking 8
Parking features Off Street, Garage
Patio and Porch features Deck, Porch
Interior features Wall Paneling, Solid Surface Counters, High Speed Internet, Walk-In Closet(s), Built-in Features, Ceramic Tile Bath, Chair Rail, Crown Molding
Basement Full
Lot features Level, Landscaped, Sloped, Cleared, Corner Lot
High school Saratoga Springs
Elementary school district Saratoga Springs
Middle school district Saratoga Springs
High school district Saratoga Springs
Directions From Exit 15, Route 50 west toward downtown. Left at East Ave, 2 blocks on Right. From Exit 14, to Ractrack Entrance. Right onto East Ave. Duplex on Left.
Standard status Active
APN 411501 166.37-2-65
Size 2,992 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Annual Amount 11360

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1998
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
Listed By: Monique Boulet · License #10301215029
Added: Jun 14 Changed: Jul 24 Last Checked: Jul 31 at 7:06AM
MLS# 202619635

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 corner-lot duplex includes two separate units, each laid out across three levels of open-concept living with 3 bedrooms and 2 full bathrooms. Both units feature dedicated laundry areas, soaking tubs, and access to basement storage. The property also includes separate utilities, central air, private garages, and outdoor living space with a large deck and private backyard.

One of the units has been completely gutted and masterfully renovated, with a brand-new roof that includes a transferrable warranty. That renovated unit also offers pristine hardwood floors and modern appliances.

The duplex is offered as a sale, and it can be purchased together with a duplex at 103-105 East Avenue as part of a package deal opportunity.

Key Highlights

  • Duplex built in 1998 with each unit offering 3 bedrooms and 2 full bathrooms
  • Central air and forced‑air heating with natural gas; cable available
  • Public water and public sewer

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 $66.4k $22.20
− Vacancy −$3.0k −$1.00
EGI $63.4k $21.20
− OpEx −$19.0k −$6.36
NOI $44.4k $14.84
2,992 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$634.3K
$555.0K – $740.1K (±1% cap)
NOI $44,403 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$567.5K
$496.6K – $662.1K (±1% cap)
NOI $39,727 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$895.5K
$783.6K – $1.04M (±1% cap)
NOI $62,688 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Electrical Service HVAC Service

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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 - Duplex offers two 3-bedroom, 2-bath units with separate utilities, central air, private garages, and decked outdoor space.
Where is this duplex located?
The property is located at 111-113 East Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Duplex built in 1998 with each unit offering 3 bedrooms and 2 full bathrooms; Central air and forced‑air heating with natural gas; cable available; Public water and public sewer
More about this property
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