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Three-Unit Multifamily Property
New
For Sale
$160,000

1221 7th Avenue, Watervliet, NY 12189

MultiFamily, Watervliet, NY

Property Size2,076 SF
Lot Size0.07 Acres
Price / SF$77.07
Days on Market2

Property Features for 1221 7th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 2, Bathroom 1
Parking 2
Parking features Garage
Interior features Paddle Fan, High Speed Internet
Basement Full
Lot features Level
Elementary school district Watervliet
Middle school district Watervliet
High school district Watervliet
Directions Broadway to 13th St, left on 3rd Ave, right on 7th, house is on the left.
Standard status Active
APN 011800 32.74-1-62
Size 2,076 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 4048

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Water source Public

Building Details

Year built 1940
Number of units 2
Flooring type Vinyl, Tile, Laminate
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Other
Listing Agency: Coldwell Banker Prime Properties · Coldwell Banker Real Estate
Listed By: Rebecca L Cavalieri · License #10301224636
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 6:06PM
MLS# 202628111

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 2,076-square-foot multifamily property on a 0.07-acre lot in Watervliet contains a front residence and two apartments arranged in the rear. The front residence has four bedrooms, two full bathrooms, and first-floor laundry. One rear apartment offers two bedrooms, a bathroom, living room, and kitchen; the other has one bedroom, a walk-in closet, a bathroom, living room, and kitchen.

Built in 1940, the building has vinyl siding, a garage, and public water and sewer. Updates include vinyl flooring across most floors, a newer Navien heating and on-demand hot water system, and newer sewer pipes. One foundation wall requires replacement, and the property is offered as-is.

Key Highlights

  • Three living spaces: a four‑bedroom front residence and two rear apartments
  • 2,076 square feet on a 0.07‑acre lot
  • Rear apartments have two bedrooms and one bedroom, respectively

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service Dental Office (Bike/Boat/Book/etc) Store Storage Facility Catering Service Garden Center

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

362
Businesses Nearby

Demographics for 12189, NY

18,970
Population
9,887
Households
1.9
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
3,060
Density / Sq Mi
$62,763
Median Household Income
$48,555
Median Earnings
$1,084
Median Rent
$199,600
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

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

What type of property is this?
Multifamily property - A front residence and two rear apartments provide three distinct living spaces.
Where is this multifamily property located?
The property is located at 1221 7th Avenue Watervliet, NY.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Three living spaces: a four‑bedroom front residence and two rear apartments; 2,076 square feet on a 0.07‑acre lot; Rear apartments have two bedrooms and one bedroom, respectively
More about this property
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