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Updated Two-Family Duplex
For Sale
$199,900
Pending

31 South Street, Albany, NY 12204

MultiFamily, Albany, NY

Property Size2,252 SF
Lot Size0.05 Acres
Days on Market62

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 1, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 1
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 Natural Gas, Hot Water(Heating), Electric (Heating), Baseboard
Water source Public

Building Details

Year built 1910
Number of units 2
Flooring type Hardwood, Linoleum, Laminate
Building materials Vinyl Siding
Roof type Rubber
Architectural style Other
Listing Agency: Re Max Solutions · RE/MAX International
Listed By: David M Schrepper · License #10301208684
Added: Jun 24 Changed: Aug 21 Last Checked: Aug 24 at 8:06PM
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 two-family duplex contains 2,252 square feet on a 0.05-acre lot and was built in 1910. The property has vinyl siding, hardwood, linoleum and laminate flooring, a porch, and a rubber roof installed in 2017. Heating includes natural gas hot water, electric heat, and baseboard units. Recent improvements include two new 100-amp electrical panels and a new hot water boiler serving the first unit.

The building includes six bedrooms and two bathrooms. The first-floor unit has long-term tenants, while the second unit is scheduled to become vacant at the end of July. Public water and public sewer serve the property, with cable available. The home is located on South Street in Albany, near the Menands border. Showings require 24-hour notice.

Key Highlights

  • 2,252 SF two‑family property on a 0.05‑acre lot
  • Six bedrooms and two bathrooms across two residential units
  • Rubber roof installed in 2017

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center Electrical Service Real Estate Agency Parking Lot & Garage Nail Salon (Bike/Boat/Book/etc) Store

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

734
Businesses Nearby

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

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

What type of property is this?
Duplex - Two-unit residential income property with recent system improvements, a covered porch, and public water and sewer service.
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: 2,252 SF two‑family property on a 0.05‑acre lot; Six bedrooms and two bathrooms across two residential units; Rubber roof installed in 2017
More about this property
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