Albany Two-Family Investment
For Sale
$249,900
Pending
38 Trinity Place, Albany, NY 12202
MULTI_FAMILY - Other - Albany, NY
Property Size2,550 SF
Lot Size0.05 Acres
Days on Market183
Property Features for 38 Trinity Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 3
Interior features
High Speed Internet
Basement
Full, Finished, Apartment
Lot features
Cleared
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
From Southbound on S pearl St make a right onto Westerlo st then make a right onto trinity
Standard status
Pending
APN
010100 76.49-4-35
Size
2,550 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5650
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
fenced yard
Building Details
Year built
1880
Number of units
2
Building materials
Brick
Roof type
Flat, Rubber
Architectural style
Other
Listing Agency:
Clancy Real Estate
(518) 861-7016
Listed By:
Kevin Clancy · License #37CL1081409
(518) 461-9937
Added: Feb 18
Changed: Aug 7
Last Checked: Aug 20 at 8:06PM
MLS# 202612157
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 brick two-family property is located in Albany's Mansion neighborhood. The upper unit is currently rented for $1,500 per month, while the lower unit, featuring three bedrooms, is vacant. The property includes separate utilities for each unit. Both units offer spacious layouts. Newer gas furnaces are installed. A fenced yard is included. The kitchens are functional but offer potential for improvement, presenting an opportunity for investors to add value through updates. The property is conveniently located near downtown and the Empire State Plaza. The property size is 2550 square feet and the lot size is 0.05 acres.
Key Highlights
- Brick two‑family property in Albany’s Mansion neighborhood (upper and lower units).
- Upper unit currently rented at $1,500/month; lower 3‑bedroom unit is delivered vacant.
- Separate utilities for both units.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,218
Businesses Nearby
Explore this area
Business Placement
Demographics for 12202, NY
10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
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 - Two-family property in Albany's Mansion neighborhood with investment upside.
Where is this duplex located?
The property is located at 38 Trinity Place Albany, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Brick two‑family property in Albany’s Mansion neighborhood (upper and lower units).; Upper unit currently rented at $1,500/month; lower 3‑bedroom unit is delivered vacant.; Separate utilities for both units.
