Search
Duplex with Separate Utilities
For Sale
$230,000

318 1ST Street, Albany, NY 12206

Duplex offers two separate units, including a basement one-bedroom and a two-story unit with four bedrooms total.

Property Size2,100 SF
Price / SF$109.52
Days on Market114

Property Features for 318 1ST Street

General Information

Standard status Active
Size 2,100 SF
Property subtype Multi-family

Additional Details

Utilities to Site Yes

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: Tailored Real Estate Group
Listed By: Karen Heath
Source: Signatureonerealtygroup
Added: Apr 9 Changed: Jul 30 Last Checked: Jul 30 at 5:15AM

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 Tailored Real Estate Group

Investment Insights

Based on property information with market context.

This duplex includes two residential units with separate utilities. The downstairs unit (basement) features one bedroom and one bathroom. The second unit is described as a two-story setup with one bedroom on the first floor, three bedrooms upstairs, and two bathrooms.

The property is located at 318 1ST Street in Albany, NY 12206. The building was constructed in 1920.

With a multi-bedroom configuration and separate utility setup, the property is designed to support different tenant layouts within a duplex structure.

Key Highlights

  • Basement unit: one bedroom and one bathroom
  • Second unit is two‑story with one bedroom on first floor and three upstairs
  • Second unit includes two bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Carpet & Flooring Store Skin Care Clinic Catering Service Pet 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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,554
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex offers two separate units, including a basement one-bedroom and a two-story unit with four bedrooms total.
Where is this duplex located?
The property is located at 318 1ST Street Albany, NY.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Basement unit: one bedroom and one bathroom; Second unit is two‑story with one bedroom on first floor and three upstairs; Second unit includes two bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message