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    Ballston Spa, NY
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    Ballston Spa, NY Residential Income Properties for Sale

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    Ballston, NY Saratoga Springs, NY Mechanicville, NY Round Lake, NY Rock City Falls, NY Greenfield Center, NY Middle Grove, NY Clifton Park, NY
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    Seven-Unit Residential Income Building
    Updated: May 14
    Seven-Unit Residential Income Building

    328 Milton Avenue, Ballston Spa, NY 12020

    $715,000
    4,506 sqft
    7‑unit multifamily property with 5 one‑bedroom and 2 two‑bedroom apartments
    Monthly gross income of $8,630
    Substantial renovations completed over the last several years
    Located in the village of Ballston Spa, within easy walking distance to boutiques, eateries, and village festivals
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    This listing looks promising.

    Here's a quick look at some key insights for

    328 Milton Avenue, Ballston Spa, NY

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $60K
      Annual

    • Price @ 7% Cap

      $855K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1890
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    Residential Land with Existing Foundation
    Updated: May 13
    Residential Land with Existing Foundation

    2130 Rowley Road, Malta, NY 12020

    $650,000
    3.00 AC lot
    Under construction property with cleared site after a past fire
    Existing foundation in place for a new build on the property
    Well water and septic tank sewer system
    Asphalt roof
    Site set up for a custom two‑family residence with special permit
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    7-Unit Multi-Family Investment
    7-Unit Multi-Family Investment

    328 Milton Avenue, Ballston Spa, NY 12020

    $715,000
    4,506 sqft 0.20 AC lot

    Renovated 7-unit building with coin-op laundry and off-street parking, configured with five 1-bedroom and two 2-bedroom units.

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    Side-by-Side Duplex with Separate Utilities
    Side-by-Side Duplex with Separate Utilities

    1119-1121 Raymond Road, Malta, NY 12020

    $479,000
    3,176 sqft 0.80 AC lot

    Two three-bedroom units provide separate utilities, central air, decks, and off-street parking on a private residential parcel.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Side-by-Side Duplex with Garage
    Side-by-Side Duplex with Garage

    2015-2017 St Paul Drive, Ballston Spa, NY 12020

    $399,900
    2,420 sqft 0.94 AC lot

    Side-by-side duplex with two fireplace setups, ductless heating, wall AC, and attached garage parking.

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    Ballston Spa Duplex Investment Opportunity
    Ballston Spa Duplex Investment Opportunity

    31-33 Glen Street, Ballston Spa, NY 12020

    $425,000
    2,264 sqft 0.18 AC lot

    Well-located duplex in Ballston Spa with income potential.

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    Two-Unit Apartment with Deck
    Two-Unit Apartment with Deck

    141 South St, Ballston Spa, NY 12020

    $349,500
    0.32 AC lot

    Two-unit apartment on a 0.32-acre lot with a deck, forced-air heat, and washer/dryer in both units.

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    Modern Multifamily Property Near Village
    Modern Multifamily Property Near Village

    486 Garrett Road, Ballston Spa, NY 12020

    $2,390,000
    3,360 sqft

    Ten-unit multifamily property built in 2022, fully leased.

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    Two-Unit Apartment Near Village
    Two-Unit Apartment Near Village

    141 South St, Ballston Spa, NY 12020

    Contact for pricing

    Two-unit apartment near the village, ideal for investors or owners.

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    Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 9 Active listings in Ballston Spa, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    227 Washington Street, Saratoga Springs, NY 12866

    $2,500,000
    7,700 sqft 0.36 AC lot

    Combines commercial suites and residential apartments with central air, natural gas heat, and private parking.

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    Mixed-Use Development Corner Site
    Mixed-Use Development Corner Site

    126 West Avenue, Saratoga Springs, NY 12866

    $800,000
    2,783 sqft 0.54 AC lot

    Signalized corner lot with flexible zoning and approved mixed-use plans for retail, apartments, and condominiums.

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    Commercial Land with Income Potential
    Commercial Land with Income Potential

    2278 Route 9, Mechanicville, NY 12118

    $799,999
    2.54 AC lot

    2.54± acres of commercial property with income-producing duplex.

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    Commercial Land with Route Frontage
    Commercial Land with Route Frontage

    2280 US-9, Mechanicville, NY 12118

    $799,999
    2.50 AC lot

    C-2 commercial property combines development land with an income-producing duplex and public sewer service.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Corner Lot in Ballston
    Prime Corner Lot in Ballston

    800 Route 67, Ballston Spa, NY 12020

    $795,000
    2.96 AC lot

    2.96-acre corner lot suitable for retail and drive-thru.

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    Land For Sale
    Land For Sale

    131 Dunning St, Ballston Spa, NY 12020

    Contact for pricing
    0.92 AC lot

    0.92 acre land available for purchase.

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    Malta, NY Land Opportunity
    Malta, NY Land Opportunity

    178 Cramer Road, Malta, NY 12020

    $375,000
    14.54 AC lot

    14+ acres in prime location for development or private oasis.

    View details
    Mechanicville Land Near Malta Tech
    Mechanicville Land Near Malta Tech

    2289 US-9, Mechanicville, NY 12118

    $1,900,000
    29.77 AC lot

    29.77 acres with Route 9 frontage near Malta Tech Park.

    View details

    Off-Market Properties in Ballston Spa, NY

    Consider similar Off-Market properties in Ballston Spa, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3708 Galway Rd
    MOBILE HOME PARK, TRAILER PARK

    3708 Galway Rd, Ballston Spa, NY 12020-2548

    $715,000
    Estimated value
    1,008 sqft 10.00 AC lot
    View details
    900 Rock City Rd
    MOBILE HOME PARK, TRAILER PARK

    900 Rock City Rd, Ballston Spa, NY 12020-2915

    $310,000
    Estimated value
    864 sqft 101.37 AC lot
    View details
    326 Atomic Project Rd
    MOBILE HOME PARK, TRAILER PARK

    326 Atomic Project Rd, Ballston Spa, NY 12020-2871

    $350,000
    Estimated value
    980 sqft 4.77 AC lot
    View details
    3387 Galway Rd
    MOBILE HOME PARK, TRAILER PARK

    3387 Galway Rd, Ballston Spa, NY 12020-2027

    $350,000
    Estimated value
    840 sqft 6.15 AC lot
    View details
    315 Stone Church Rd
    MOBILE HOME PARK, TRAILER PARK

    315 Stone Church Rd, Ballston Spa, NY 12020-4606

    $470,000
    Estimated value
    1,456 sqft 15.21 AC lot
    View details
    204 Milton Rd
    MOBILE HOME PARK, TRAILER PARK

    204 Milton Rd, Ballston Spa, NY 12020-4806

    $230,000
    Estimated value
    453 sqft 3.79 AC lot
    View details
    185 Paisley Rd
    MOBILE HOME PARK, TRAILER PARK

    185 Paisley Rd, Ballston Spa, NY 12020-2123

    $360,000
    Estimated value
    1,120 sqft 75.15 AC lot
    View details
    251-253 Greenfield Ave
    MOBILE HOME PARK, TRAILER PARK

    251-253 Greenfield Ave, Ballston Spa, NY 12020

    $255,000
    Estimated value
    980 sqft 1.92 AC lot
    View details
    142 Milton Rd
    MOBILE HOME PARK, TRAILER PARK

    142 Milton Rd, Ballston Spa, NY 12020-2852

    $295,000
    Estimated value
    980 sqft 6.20 AC lot
    View details
    885 Middleline Rd
    MOBILE HOME PARK, TRAILER PARK

    885 Middleline Rd, Ballston Spa, NY 12020-2837

    $240,000
    Estimated value
    768 sqft 33.07 AC lot
    View details
    709 Rte 29
    MOBILE HOME PARK, TRAILER PARK

    709 Rte 29, Ballston Spa, NY 12020

    $255,000
    Estimated value
    600 sqft 19.94 AC lot
    View details
    3901-3903 Lewis Rd
    MOBILE HOME PARK, TRAILER PARK

    3901-3903 Lewis Rd, Ballston Spa, NY 12020

    $115,000
    Estimated value
    326 sqft 102.61 AC lot
    View details
    2435 State Rte 9th 9
    MOBILE HOME PARK, TRAILER PARK

    2435 State Rte 9th 9, Ballston Spa, NY 12020-4510

    $290,000
    Estimated value
    784 sqft 1.82 AC lot
    View details
    289 Greenfield Ave
    MOBILE HOME PARK, TRAILER PARK

    289 Greenfield Ave, Ballston Spa, NY 12020-2547

    $280,000
    Estimated value
    924 sqft 2.54 AC lot
    View details
    309 Greenfield Ave
    MOBILE HOME PARK, TRAILER PARK

    309 Greenfield Ave, Ballston Spa, NY 12020-2516

    $470,000
    Estimated value
    1,680 sqft 14.01 AC lot
    View details

    Ballston Spa, NY Residential Income Properties Market Trends and Statistics

    Explore 37 residential income properties for sale in Ballston Spa, NY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 20,232 square feet of properties for sale, with an estimated market value of $6,123,400.

    Sale prices for residential income properties in Ballston Spa, NY start at $349,500, averaging $765,425, and reaching up to $2,390,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 9
    Duplexes 6
    Apartment buildings 3
    Single family properties 2

    Demographics Overview

    Population 34K
    Population Growth (5Y) +2.0%
    Median Household Income $101,727
    College Educated 61.6%

    High-Yield Neighborhoods for Investment

    Identify Ballston Spa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12020 $539.9K

    Listings Trend

    New vs delisted commercial listings in Saratoga County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Saratoga County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Ballston Spa fall within the 100,000+ square foot range.

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