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Quadplex Under Renovation
For Sale
$210,000

68 Watervliet Avenue, Albany, NY 12206

MULTI_FAMILY - Albany, NY

Property Size2,496 SF
Lot Size0.05 Acres
Price / SF$84.13
Days on Market94

Property Features for 68 Watervliet Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 2
Basement Unfinished, Full
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Central Ave to Watervliet Ave
Standard status Active
APN 010100 54.77-1-9
Size 2,496 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 6095

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 1940
Number of units 4
Flooring type Hardwood
Building materials Vinyl Siding
Roof type Rubber
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Luke Khachadourian · License #10301219050
Added: May 19 Changed: Aug 11 Last Checked: Aug 20 at 11:06AM
MLS# 202617553

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 2,496-square-foot quadplex contains four residential units and is being sold as-is while renovation work continues. Completed work includes demolition, framing, new electrical panels and wiring, and replacement water heaters. The building dates to 1940 and features vinyl siding, hardwood flooring, electric heat, a rubber roof, public water, and public sewer.

Located at 68 Watervliet Avenue in Albany, the property is near downtown, major roads, public transportation, restaurants, and local shops. The existing configuration and ongoing improvements provide a defined project for completing the building’s residential spaces.

Key Highlights

  • Four‑unit residential property
  • 2,496 square feet on a 0.05‑acre lot
  • Mid‑renovation with demolition, framing, new electrical panels and wiring completed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Storage Facility Spa & Massage Center Furniture & Home Goods Nail Salon Cafe & Coffee 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,147
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

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?
Quadplex - Four residential units are mid-renovation, with framing, electrical upgrades, and water heaters already installed.
Where is this quadplex located?
The property is located at 68 Watervliet Avenue Albany, NY.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Four‑unit residential property; 2,496 square feet on a 0.05‑acre lot; Mid‑renovation with demolition, framing, new electrical panels and wiring completed
More about this property
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