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Renovated Two-Family Duplex
For Sale
$225,000

88 Elizabeth Street, Albany, NY 12202

MultiFamily, Albany, NY

Property Size2,100 SF
Lot Size0.06 Acres
Price / SF$107.14
Days on Market132

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 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 4
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 Active
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 Heat Pump (Heating), Ductless (Heating), Forced Air, Electric (Heating), Zoned
Cooling system Ductless, Central Air
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
Listed By: Patrick Dunn · License #10401288889
Added: May 23 Changed: Sep 12 Last Checked: Oct 1 at 7:06PM
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 duplex at 88 Elizabeth Street in Albany includes approximately 2,100 square feet on a 0.06-acre lot. The first apartment has 2 bedrooms and 1 full bathroom, while the second offers 4 bedrooms and 1 full bathroom. The property was built in 1880 and has been renovated with newer vinyl windows, vinyl flooring, and vinyl siding.

Mechanical improvements include a new heat pump, zoned electric forced-air heating, ductless mini-split HVAC, and central air conditioning. Public water and public sewer serve the property. Additional features include built-in elements, high-speed internet availability, a flat rubber roof, and a location within Albany County, NY.

Key Highlights

  • Two‑family duplex with 2,100 square feet of property area
  • Unit 1 includes 2 bedrooms and 1 full bathroom
  • Unit 2 includes 4 bedrooms and 1 full bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Home Appliance Store Garden Center

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level residential income property with updated systems, separate apartments, and public utilities.
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: Two‑family duplex with 2,100 square feet of property area; Unit 1 includes 2 bedrooms and 1 full bathroom; Unit 2 includes 4 bedrooms and 1 full bathroom
More about this property
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