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Two-Unit Duplex with Rental Income
For Sale
$259,000

1622 4th Avenue, Watervliet, NY 12189

Two apartments offer a flexible owner-occupancy and investment arrangement.

Property Size2,464 SF
Price / SF$105.11
Days on Market52

Property Features for 1622 4th Avenue

General Information

Standard status Active
Size 2,464 SF
Property subtype Multi-Family

Building Details

Year Built 1900
Buildings 2
Listing Agency: Upstate Investors Group LLC
Listed By: Charles Beck · License #32645
Source: 518realty
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 25 at 3:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Upstate Investors Group LLC

Investment Insights

Based on property information with market context.

This two-family property contains 2,464 square feet across two residential apartments. The lower unit includes 2 bedrooms and 1 full bathroom, while the upper unit provides 3 bedrooms and 1 full bathroom. Constructed in 1900, the layout supports separate residential occupancy within a single duplex property.

The arrangement can accommodate an owner seeking a residence with rental income from the second apartment or an investor adding a two-unit property to a portfolio. The sale may also be combined with 1620 4th Avenue as a package.

Key Highlights

  • Two‑family property with 2,464 square feet
  • First‑floor apartment includes 2 bedrooms and 1 full bathroom
  • Second‑floor apartment offers 3 bedrooms and 1 full bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

763
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two apartments offer a flexible owner-occupancy and investment arrangement.
Where is this duplex located?
The property is located at 1622 4th Avenue Watervliet, NY.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two‑family property with 2,464 square feet; First‑floor apartment includes 2 bedrooms and 1 full bathroom; Second‑floor apartment offers 3 bedrooms and 1 full bathroom
More about this property
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