Duplex with Updated Second
For Sale
$248,900
408 Elk Street, Albany, NY 12206
Two-unit residential property with refreshed finishes in one unit and improvements to the basement.
Property Size2,350 SF
Price / SF$105.91
Days on Market40
Property Features for 408 Elk Street
General Information
Standard status
Active
Size
2,350 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,653
Building Details
Year Built
1916
Listing Agency:
Real Broker NY LLC
(518) 707-7482
Listed By:
Wai Wai Paing · License #10401363142
(518) 707-7482
Source:
Capmarkrealty
Added: Jul 24
Changed: Aug 29
Last Checked: Aug 31 at 12:50PM
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 Real Broker NY LLC
Investment Insights
Based on property information with market context.
Built in 1916, this duplex contains two residential units and offers an owner-occupant configuration with separate living space and rental potential. The second unit has received bathroom, kitchen, flooring, and painting updates, while the basement includes new floor tile and paint.
The property is located at 408 Elk Street in Albany, near the University at Albany, SUNY Albany Medical Center, shopping, and restaurants. Its two-unit layout provides a practical option for an investor or a buyer seeking to occupy one residence while retaining a second unit for rental use.
The property is located at 408 Elk Street in Albany, near the University at Albany, SUNY Albany Medical Center, shopping, and restaurants. Its two-unit layout provides a practical option for an investor or a buyer seeking to occupy one residence while retaining a second unit for rental use.
Key Highlights
- Two‑unit duplex at 408 Elk Street, Albany, NY 12206
- Second unit has updated bathrooms, kitchen, flooring, and new painting last year
- Basement improved with new floor tiles and new paint
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,817
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with refreshed finishes in one unit and improvements to the basement.
Where is this duplex located?
The property is located at 408 Elk Street Albany, NY.
What is the asking price?
The asking price for this property is $248,900.
What are key features of this property?
This property features: Two‑unit duplex at 408 Elk Street, Albany, NY 12206; Second unit has updated bathrooms, kitchen, flooring, and new painting last year; Basement improved with new floor tiles and new paint
