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$599,977

68 Marvin Street, Saratoga Springs, NY 12866

MultiFamily, Saratoga Springs, NY

Property Size1,504 SF
Lot Size0.41 Acres
Price / SF$398.92
Days on Market4

Property Features for 68 Marvin Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 1
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 3
Parking 5
Parking features Driveway, Garage
Patio and Porch features Deck, Porch
Fencing Privacy, Fenced
Basement Full, Unfinished
Lot features Level, Cleared
High school Saratoga Springs
Elementary school district Saratoga Springs
Middle school district Saratoga Springs
High school district Saratoga Springs
Directions From I-87 Exit 14, take Union Ave West into Saratoga Springs, turn left on Maple Ave, then right on Marvin St -- #68 is on the left.
Standard status Active
APN 411501 165.57-2-6
Size 1,504 SF
Lot size 0.41 Acres

Taxes and HOA fees

Tax Annual Amount 6924

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1885
Number of units 2
Flooring type Vinyl, Wood
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Other
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Scott P Varley · License #30VA0727304
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 9 at 12:06AM
MLS# 202627638

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.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,320
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,400 $446.4K
Cap Rate 7%
$318,857 $318.9K
Cap Rate 9%
$248,000 $248.0K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$33.4K $22.20/SF
− Vacancy
−$1.5K −$1.00/SF
EGI
$31.9K $21.20/SF
− OpEx
−$9.6K −$6.36/SF
NOI
$22.3K $14.84/SF
Area
Saratoga County, NY
Vacancy
4.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,400
Cap Rate 7%
$318,857
Cap Rate 9%
$248,000

Alternative Uses

Best Use
Multifamily LT 5
$318.9K
$279.0K – $372.0K (±1% cap)
NOI $22,320 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$285.3K
$249.6K – $332.8K (±1% cap)
NOI $19,970 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$450.2K
$393.9K – $525.2K (±1% cap)
NOI $31,512 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Electrical Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,762
Businesses Nearby

Demographics for 12866, NY

40,355
Population
20,462
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
628
Density / Sq Mi
$98,374
Median Household Income
$53,265
Median Earnings
$1,460
Median Rent
$419,200
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

Where is this duplex located?
The property is located at 68 Marvin Street Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $599,977.
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