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Two-Unit Duplex
For Sale
$175,000

549 3rd Street, Albany, NY 12206

Residential Income, Albany, NY

Property Size1,848 SF
Lot Size0.07 Acres
Price / SF$94.70
Days on Market8

Property Features for 549 3rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1
High school district 000000
Directions 549th house on 3rd st
Standard status Active
APN 010100 65.38-1-54
Size 1,848 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 1812

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1904
Number of units 2
Building materials Vinyl Siding
Listing Agency: Miranda Real Estate Group Inc
Listed By: Imran Abdul Qayoom · License #10401376518
Added: Sep 24 Changed: Oct 1 Last Checked: Oct 1 at 8:06PM
MLS# 12001132

Copyright © 2026 My State MLS. 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 two-unit residential property in Albany contains 1,848 square feet, with four bedrooms and two full bathrooms. Built in 1904, it has vinyl siding and forced-air heating fueled by natural gas. Multi-residence zoning is in place.

At 549 3rd Street, the property offers access to downtown Albany, Washington Avenue, and major routes in the Capital Region.

Key Highlights

  • Two‑unit duplex with 1,848 square feet
  • Four bedrooms and two full bathrooms
  • Multi‑residence zoning

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Gym & Fitness Center Storage Facility Home Appliance 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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,123
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Multi-residence zoning and access to downtown and major routes support a range of residential rental arrangements.
Where is this duplex located?
The property is located at 549 3rd Street Albany, NY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,848 square feet; Four bedrooms and two full bathrooms; Multi‑residence zoning
More about this property
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