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Updated Multi-Family Duplex
For Sale
$229,999
Pending

514 Morris Street, Albany, NY 12208

MULTI_FAMILY - Other - Albany, NY

Property Size2,210 SF
Lot Size0.07 Acres
Days on Market190

Property Features for 514 Morris Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 7, Bathroom 1
Parking 4
Parking features Garage, Off Street
Patio and Porch features Porch
Interior features High Speed Internet, Built-in Features
Basement Interior Entry, Full, Unfinished
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions From Ontario St. Right onto Morris St. House is .3 miles up the road on the left.
Standard status Pending
APN 010100 64.76-2-33
Size 2,210 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 6232

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas, Baseboard
Water source Public

Building Details

Year built 1903
Number of units 2
Flooring type Hardwood, Vinyl
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Other
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Patrick Dunn · License #10401288889
Added: Feb 11 Changed: Jul 24 Last Checked: Aug 20 at 8:06PM
MLS# 202611925

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 well-maintained duplex offers spacious units with updated vinyl plank and hardwood flooring, vinyl replacement windows, and updated electric panels. The property includes separate utilities between units, helping streamline tenant billing and building management. Off-street parking is available, and there is also a 2-car garage for tenant convenience.

The home is located at 514 Morris Street in Albany, NY 12208, in Albany County. Public remarks note the property is just minutes from Albany Medical Center and St. Peter's Hospital.

The unit mix and utility separation make the property practical for both investors and owner-occupants. The downstairs unit is currently rented at $1,500 per month, providing existing income. For tenants or buyers looking for a manageable residential income asset with defined parking and recent building updates, the combination of separate utilities and the improvements to windows, flooring, and electrical supports an easier, lower-maintenance ownership experience based on the details provided.

Key Highlights

  • Multifamily property built in 1903 with separate units and separate utilities
  • Downstairs unit is rented for $1,500/month
  • Updated flooring with hardwood and vinyl, plus built‑in features

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Bakery Acupuncture HVAC Service Furniture & Home Goods Auto Parts 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

Location Intelligence

Trade Area within ½ mile

2,670
Businesses Nearby

Demographics for 12208, NY

22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Well-maintained duplex with updated flooring, vinyl replacement windows, separate utilities, and off-street parking.
Where is this duplex located?
The property is located at 514 Morris Street Albany, NY.
What is the asking price?
The asking price for this property is $229,999.
What are key features of this property?
This property features: Multifamily property built in 1903 with separate units and separate utilities; Downstairs unit is rented for $1,500/month; Updated flooring with hardwood and vinyl, plus built‑in features
More about this property
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