2-Unit Duplex with
New
For Sale
$275,000
1326 8th Avenue, Watervliet, NY 12189
MultiFamily, Watervliet, NY
Property Size1,908 SF
Lot Size0.14 Acres
Price / SF$144.13
Days on Market5
Property Features for 1326 8th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2
Parking
1
Parking features
Garage
Fencing
Gate, Chain Link
Basement
Crawl Space
Elementary school district
Watervliet
Middle school district
Watervliet
High school district
Watervliet
Directions
From I-787 take exit for 23rd St., head West to 8th Ave, turn left. Property on right.
Standard status
Active
APN
011800 32.74-1-34
Size
1,908 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
3688
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Amenities
private fenced yard
Building Details
Year built
1920
Number of units
2
Flooring type
Laminate
Building materials
Aluminum Siding
Roof type
Shingle
Listing Agency:
Venture Fox Realty Group LLC
(518) 290-1070
Listed By:
Abigail Curtiss · License #10401362361
(518) 653-1898
Added: Oct 6
Changed: Oct 8
Last Checked: Oct 10 at 10:06AM
MLS# 202627731
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-unit duplex contains 1,908 square feet on a 0.14-acre lot. Built in 1920, the property has aluminum siding, laminate flooring, electric heat, and a shingle roof. The upper unit is vacant, and each residence has a separate utility setup and a private fenced yard. A garage offers additional enclosed space for parking or storage.
Public water and public sewer serve the property. The combination of two residential units, separate utilities, and distinct outdoor areas defines its configuration.
Public water and public sewer serve the property. The combination of two residential units, separate utilities, and distinct outdoor areas defines its configuration.
Key Highlights
- Two units in 1,908 square feet
- 0.14‑acre lot
- Upper unit is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,031
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,620
$440.6K
Cap Rate 7%
$314,729
$314.7K
Cap Rate 9%
$244,789
$244.8K
Market Conditions
NOI Build-Up for 1,908 SF
Gross rent
$33.2K $17.40/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$31.5K $16.50/SF
− OpEx
−$9.4K −$4.95/SF
NOI
$22.0K $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%
$440,620
Cap Rate 7%
$314,729
Cap Rate 9%
$244,789
Alternative Uses
Best Use
Multifamily LT 5
$314.7K
$275.4K – $367.2K
NOI $22,031 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$291.1K
$254.8K – $339.7K
NOI $20,380 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$595.4K
$521.0K – $694.6K
NOI $41,677 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities, private fenced yards, and a garage support the two-unit residential setup.
Where is this duplex located?
The property is located at 1326 8th Avenue Watervliet, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two units in 1,908 square feet; 0.14‑acre lot; Upper unit is vacant
