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Brick Duplex with Garden
For Sale
$775,000

154 Washington Street, Saratoga Springs, NY 12866

MultiFamily, Saratoga Springs, NY

Property Size2,600 SF
Lot Size0.15 Acres
Price / SF$298.08
Days on Market228

Property Features for 154 Washington Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1
Parking 4
Parking features Driveway
Patio and Porch features Deck
Exterior features Garden
Basement Partial
Lot features Corner Lot
High school Saratoga Springs
Elementary school district Saratoga Springs
Middle school district Saratoga Springs
High school district Saratoga Springs
Directions Broadway, to Washington st
Standard status Active
APN 411501 165.66-1-23
Size 2,600 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 5947

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1875
Number of units 2
Flooring type Hardwood, Tile
Building materials Brick
Roof type Metal, Slate
Architectural style Other
Listing Agency: Julie & Co Realty LLC
Listed By: Lars Huus-Skladzinski · License #10401262713
Added: Mar 4 Changed: Oct 2 Last Checked: Oct 18 at 4:06AM
MLS# 202612741

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 2,600-square-foot duplex occupies a 0.15-acre parcel in Saratoga Springs. Built in 1875, the brick property contains two residences configured with three bedrooms in one unit and two bedrooms in the other. Interior finishes include hardwood and tile flooring, while central air and forced-air heating serve the building.

The property is located at 154 Washington Street, a few blocks from Broadway and one block from a park. Public water and public sewer support the site. Exterior features include a garden and deck, with driveway parking available. The roof includes both metal and slate sections.

Key Highlights

  • 2,600 square feet on a 0.15‑acre parcel
  • Two‑unit layout with 3‑bedroom and 2‑bedroom residences
  • Brick construction dating to 1875

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,586
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,720 $771.7K
Cap Rate 7%
$551,229 $551.2K
Cap Rate 9%
$428,733 $428.7K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$57.7K $22.20/SF
− Vacancy
−$2.6K −$1.00/SF
EGI
$55.1K $21.20/SF
− OpEx
−$16.5K −$6.36/SF
NOI
$38.6K $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%
$771,720
Cap Rate 7%
$551,229
Cap Rate 9%
$428,733

Alternative Uses

Best Use
Multifamily LT 5
$551.2K
$482.3K – $643.1K (±1% cap)
NOI $38,586 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$493.2K
$431.5K – $575.4K (±1% cap)
NOI $34,522 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$778.2K
$680.9K – $907.9K (±1% cap)
NOI $54,475 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Auto Repair Shop Veterinary Clinic Electrical Service HVAC Service Pet Grooming 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

Location Intelligence

Trade Area within ½ mile

2,799
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
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include hardwood and tile flooring, central air, forced-air heat, and driveway parking.
Where is this duplex located?
The property is located at 154 Washington Street Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2,600 square feet on a 0.15‑acre parcel; Two‑unit layout with 3‑bedroom and 2‑bedroom residences; Brick construction dating to 1875
More about this property
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