Albany Two-Family Income
For Sale
$225,000
Pending
88 Elizabeth Street, Albany, NY 12202
MULTI_FAMILY - Other - Albany, NY
Property Size2,100 SF
Lot Size0.06 Acres
Days on Market92
Property Features for 88 Elizabeth Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2
Window features
ENERGY STAR Qualified WIndows
Interior features
High Speed Internet, Built-in Features
Basement
Full, Unfinished
Lot features
Sloped
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
Left onto Second Ave. Right onto Elizabeth St
Standard status
Pending
APN
010100 76.72-1-2
Size
2,100 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
2931
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Ductless (Heating), Heat Pump (Heating), Electric (Heating), Zoned
Cooling system
Central Air, Ductless
Water source
Public
Building Details
Year built
1880
Number of units
2
Flooring type
Vinyl
Building materials
Vinyl Siding
Roof type
Flat, Rubber
Architectural style
Other
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Patrick Dunn · License #10401288889
(518) 407-9834
Added: May 23
Changed: Jul 30
Last Checked: Aug 22 at 12:06AM
MLS# 202617899
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 two-family property in Albany is located minutes from downtown. Unit 1 includes 2 bedrooms and 1 full bath, while Unit 2 features 4 bedrooms and 1 full bath. The property generates a total monthly income of $3,100, with the first floor renting for $1,300 per month and the second floor for $1,800 per month. Recent renovations include a new heat pump and mini-split HVAC system, along with newer vinyl windows. The property spans 2,100 square feet and sits on a 0.06-acre lot. The annual taxes are $2,935. This property is suitable for both owner-occupants and investors seeking monthly cash flow.
Key Highlights
- Up and down 2‑family in Albany with 2 bedrooms (Unit 1) and 4 bedrooms (Unit 2), each with 1 full bath
- Monthly rent listed at $1,300 for Unit 1 and $1,800 for Unit 2, for $3,100 total monthly income
- Recently renovated, including a brand new ultra efficient heat pump and mini split HVAC plus newer vinyl windows
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Explore this area
Business Placement
Demographics for 12202, NY
10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit Albany property with strong rental income and recent renovations.
Where is this duplex located?
The property is located at 88 Elizabeth Street Albany, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Up and down 2‑family in Albany with 2 bedrooms (Unit 1) and 4 bedrooms (Unit 2), each with 1 full bath; Monthly rent listed at $1,300 for Unit 1 and $1,800 for Unit 2, for $3,100 total monthly income; Recently renovated, including a brand new ultra efficient heat pump and mini split HVAC plus newer vinyl windows
