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Two-Unit Duplex With Private Yard
For Sale
$239,900

354 Second Avenue, Albany, NY 12209

Well-maintained 2-family duplex with two 3-bedroom units, including a vacant, move-in-ready upper unit and a private backyard.

Property Size2,252 SF
Price / SF$106.53
Days on Market41

Property Features for 354 Second Avenue

General Information

Standard status Active
Size 2,252 SF
Property subtype Multi-family

Additional Details

Multifamily Units 2

Building Details

Year Built 1912
Listing Agency: KW Platform
Listed By: Patrick Dunn
Source: Signatureonerealtygroup
Added: Jun 21 Changed: Jul 26 Last Checked: Jul 30 at 5:34PM

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 KW Platform

Investment Insights

Based on property information with market context.

Well-maintained two-family duplex offered for sale for the first time in over 32 years. The property features two units, each with three bedrooms and one full bathroom, with functional layouts and spacious room sizes throughout. The vacant upper unit is move-in ready and includes hardwood floors, along with an enclosed sunroom that provides additional living space and may be adaptable for other uses.

The first floor is occupied by a long-term tenant of more than 25 years, currently paying $1,000 per month. Separate utilities are in place to help manage operating expenses, and the property also includes a private backyard.

Conveniently located just minutes from I-90 and I-787, with access to downtown Albany, hospitals, colleges, restaurants, shopping, and major employers across the Capital Region.

Key Highlights

  • 1912‑built, well‑maintained 2‑family duplex with two 3‑bedroom units and 1 full bath per unit
  • Upper unit is vacant and move‑in ready, with hardwood floors and enclosed sunroom for extra living space
  • Enclosed sunroom could potentially be converted to a 4th bedroom, office, or flex space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair

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

298
Businesses Nearby

Demographics for 12209, NY

10,231
Population
4,768
Households
2.1
Avg Household Size
37
Median Age
46%
College-Educated
88%
High-School Grad
2.2 sq mi
ZIP Area
4,650
Density / Sq Mi
$81,642
Median Household Income
$51,848
Median Earnings
$1,165
Median Rent
$200,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Well-maintained 2-family duplex with two 3-bedroom units, including a vacant, move-in-ready upper unit and a private backyard.
Where is this duplex located?
The property is located at 354 Second Avenue Albany, NY.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1912‑built, well‑maintained 2‑family duplex with two 3‑bedroom units and 1 full bath per unit; Upper unit is vacant and move‑in ready, with hardwood floors and enclosed sunroom for extra living space; Enclosed sunroom could potentially be converted to a 4th bedroom, office, or flex space
More about this property
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