Duplex with Guest
New
For Sale
$1,475,000
135 Grand Avenue, Saratoga Springs, NY 12866
MultiFamily, Saratoga Springs, NY
Property Size3,052 SF
Lot Size0.17 Acres
Price / SF$483.29
Days on Market2
Property Features for 135 Grand Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Laundry Room, Bathroom 1, Dining Room, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 3
Parking
5
Parking features
Driveway, Garage, Tandem, Off Street
Patio and Porch features
Deck, Porch
Interior features
High Speed Internet, Built-in Features, Cathedral Ceiling(s), Ceramic Tile Bath
Exterior features
Garden
Fencing
Fenced, Gate
Fireplace
1
Basement
Interior Entry, Full
Lot features
Landscaped, Garden
View
City
High school
Saratoga Springs
Elementary school district
Saratoga Springs
Middle school district
Saratoga Springs
High school district
Saratoga Springs
Directions
Broadway in downtown Saratoga to Congress st. Congress St becomes Grand Ave.
Standard status
Active
APN
411501 165.66-2-74.1
Size
3,052 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
7110
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
fireplaces
covered rear porch
storage shed
mudroom
two-story family room
open third-floor attic
Building Details
Year built
1910
Number of units
2
Flooring type
Hardwood, Tile, Carpet
Building materials
Vinyl Siding, Wood Siding
Architectural style
Other
Additional Structures
Guest House
Listing Agency:
Venture Fox Realty Group LLC
(518) 290-1070
Listed By:
Carmella Richards · License #30RI0953899
(518) 928-6486
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 6:06PM
MLS# 202628245
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.
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Investment Insights
Based on property information with market context.
This 3,052-square-foot duplex property, built in 1910, pairs a main residence with an adjoining one-bedroom cottage. The main home includes a living room, kitchen, dining room, and a two-story family room that opens to a covered rear porch. Three fireplaces are present but are not currently in use. A partly finished third-floor attic offers additional space, while a mudroom has built-in storage. The cottage provides a separate living area, and the property also has a fenced yard, garden, and storage shed.
The 0.17-acre property is steps from downtown Saratoga Springs, with access to its restaurants, shops, and entertainment. Off-street parking accommodates up to five cars. Public water and sewer serve the property; forced-air heating and central air are also listed.
The 0.17-acre property is steps from downtown Saratoga Springs, with access to its restaurants, shops, and entertainment. Off-street parking accommodates up to five cars. Public water and sewer serve the property; forced-air heating and central air are also listed.
Key Highlights
- 3,052 square feet on a 0.17‑acre lot
- Built in 1910
- Adjoining one‑bedroom guest cottage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,294
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,880
$905.9K
Cap Rate 7%
$647,057
$647.1K
Cap Rate 9%
$503,267
$503.3K
Market Conditions
NOI Build-Up for 3,052 SF
Gross rent
$67.8K $22.20/SF
− Vacancy
−$3.0K −$1.00/SF
EGI
$64.7K $21.20/SF
− OpEx
−$19.4K −$6.36/SF
NOI
$45.3K $14.84/SF
Area
Saratoga County, NY
Vacancy
4.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,880
Cap Rate 7%
$647,057
Cap Rate 9%
$503,267
Alternative Uses
Best Use
Multifamily LT 5
$647.1K
$566.2K – $754.9K
NOI $45,294 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$578.9K
$506.6K – $675.4K
NOI $40,524 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$913.5K
$799.3K – $1.07M
NOI $63,946 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,793
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate one-bedroom cottage adds flexibility alongside the main residence, with off-street parking for up to five vehicles.
Where is this duplex located?
The property is located at 135 Grand Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 3,052 square feet on a 0.17‑acre lot; Built in 1910; Adjoining one‑bedroom guest cottage
