Updated Two-Family
For Sale
$199,900
Pending
31 South Street, Albany, NY 12204
MultiFamily, Albany, NY
Property Size2,252 SF
Lot Size0.05 Acres
Days on Market58
Property Features for 31 South Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Bathroom 2
Patio and Porch features
Porch
Basement
Full
Elementary school
North Albany Academy
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
Broadway to South Street
Standard status
Pending
APN
010100 66.37-1-27 01
Size
2,252 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2787
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard, Natural Gas, Hot Water(Heating)
Water source
Public
Building Details
Year built
1910
Number of units
2
Flooring type
Laminate, Linoleum, Hardwood
Building materials
Vinyl Siding
Roof type
Rubber
Architectural style
Other
Listing Agency:
Re Max Solutions · RE/MAX International
(518) 720-3400
Listed By:
David M Schrepper · License #10301208684
(518) 330-4209
Added: Jun 24
Changed: Aug 19
Last Checked: Aug 20 at 7:06PM
MLS# 202620357
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 solid two-family residence offers updates throughout and a practical owner-or-tenant setup. The property includes two new 100-amp electrical panels and a new hot water boiler for unit 1. A rubber roof installed in 2017 provides additional durability. Unit 2 is vacant and scheduled to be available at the end of July, while long-term tenants occupy the first floor.
The home is located on a quiet side street on the border of Menands within Albany. The listing notes that 24-hour notice is required for showings, which should be planned accordingly when coordinating access.
From an occupancy standpoint, the current structure supports an owner occupant who may live in unit 2 once it’s available, while unit 1 remains occupied by long-term tenants. For investors, the combination of completed system improvements and the upcoming availability of unit 2 provides a straightforward path to maintaining and stabilizing occupancy with clear, documented updates to key building components.
The home is located on a quiet side street on the border of Menands within Albany. The listing notes that 24-hour notice is required for showings, which should be planned accordingly when coordinating access.
From an occupancy standpoint, the current structure supports an owner occupant who may live in unit 2 once it’s available, while unit 1 remains occupied by long-term tenants. For investors, the combination of completed system improvements and the upcoming availability of unit 2 provides a straightforward path to maintaining and stabilizing occupancy with clear, documented updates to key building components.
Key Highlights
- Solid two‑family home with porch and vinyl siding
- 1910 year built; flooring includes hardwood, laminate, and linoleum
- Heating includes natural gas, electric, hot water heating, and baseboard
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
Demographics for 12204, NY
7,818
Population
4,290
Households
1.8
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
1,907
Density / Sq Mi
$75,197
Median Household Income
$48,911
Median Earnings
$1,294
Median Rent
$226,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Solid two-family with recent electrical and heating updates and a 2017 rubber roof.
Where is this duplex located?
The property is located at 31 South Street Albany, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Solid two‑family home with porch and vinyl siding; 1910 year built; flooring includes hardwood, laminate, and linoleum; Heating includes natural gas, electric, hot water heating, and baseboard
