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Albion Duplex Investment Opportunity
For Sale
$169,900
Pending

314 W State Street, Albion, NY 14411

Two-unit property with rental income potential near downtown Albion.

Property Size2,632 SF
Days on Market510

Property Features for 314 W State Street

General Information

Standard status Pending
Size 2,632 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $3,969

Building Details

Year Built 1860
Listing Agency: Coldwell Banker Custom Realty
Listed By: Nathan Payne · License #10401385867
Source: Exitrealty
Added: May 26, 2025 Changed: Oct 7 Last Checked: Oct 7 at 11:29AM

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 Coldwell Banker Custom Realty

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Investment Insights

Based on property information with market context.

This half-occupied two-unit property in the Village of Albion presents an investment opportunity. It features a spacious three-bedroom apartment and a well-maintained two-bedroom unit. Tenants are responsible for their separate utilities. The property has a solid rental history, with potential to increase rents to market rates. The property is located near downtown, schools, and amenities.

Key Highlights

  • Cash‑flowing duplex with solid rental history.
  • Tenants pay separate utilities, reducing operating costs.
  • Opportunity to increase rents to market rates.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Electrical Service Grocery & Convenience Store Skin Care Clinic Storage Facility

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

458
Businesses Nearby

Demographics for 14411, NY

13,334
Population
5,683
Households
2.3
Avg Household Size
41
Median Age
12%
College-Educated
85%
High-School Grad
112.7 sq mi
ZIP Area
118
Density / Sq Mi
$53,626
Median Household Income
$35,681
Median Earnings
$888
Median Rent
$108,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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-unit property with rental income potential near downtown Albion.
Where is this duplex located?
The property is located at 314 W State Street Albion, NY.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Cash‑flowing duplex with solid rental history.; Tenants pay separate utilities, reducing operating costs.; Opportunity to increase rents to market rates.
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