Two-Unit Duplex with Fenced
For Sale
$190,500
480 3rd Street, Albany, NY 12206
MultiFamily, Albany, NY
Property Size2,340 SF
Lot Size0.15 Acres
Price / SF$81.41
Days on Market56
Property Features for 480 3rd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3
Parking
2
Parking features
Off Street
Basement
Full
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
Ontario Street, east of Central to right onto 3rd. House on right.
Standard status
Active
APN
010100 65.39-1-52
Size
2,340 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
3896
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Water source
Public
Amenities
large fenced yard
Building Details
Year built
1938
Number of units
2
Flooring type
Carpet, Laminate
Building materials
Vinyl Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Howard Hanna Capital Inc
(518) 371-4500
Listed By:
Joyce Brown · License #40BR1150323
(518) 596-5835
Added: Aug 7
Changed: Sep 12
Last Checked: Oct 1 at 7:06PM
MLS# 202623535
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 1938 duplex contains 2,340 square feet across two residential units on a 0.15-acre parcel. Each unit provides two bedrooms, a bonus room, one full bathroom, and a spacious layout. The property has vinyl siding, carpet and laminate flooring, asphalt roofing, and hot-water heating powered by natural gas.
Outdoor features include two off-street parking pads and a large fenced yard. Public water and public sewer serve the property. Both units are currently occupied under month-to-month leases, providing an existing rental arrangement. The property is located at 480 3rd Street in Albany, near downtown, a hospital, dining options, and bus service.
Outdoor features include two off-street parking pads and a large fenced yard. Public water and public sewer serve the property. Both units are currently occupied under month-to-month leases, providing an existing rental arrangement. The property is located at 480 3rd Street in Albany, near downtown, a hospital, dining options, and bus service.
Key Highlights
- Two‑unit duplex with 2,340 square feet
- Each unit includes 2 bedrooms, a bonus room, and 1 full bathroom
- Both units rented on a month‑to‑month basis
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,203
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both units are leased month to month and offer two bedrooms plus a bonus room and one full bathroom.
Where is this duplex located?
The property is located at 480 3rd Street Albany, NY.
What is the asking price?
The asking price for this property is $190,500.
What are key features of this property?
This property features: Two‑unit duplex with 2,340 square feet; Each unit includes 2 bedrooms, a bonus room, and 1 full bathroom; Both units rented on a month‑to‑month basis
