132 4th Avenue Albany, NY $ 224,900
132 4th Avenue
$ 224,900
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132 4th Avenue

Albany, NY, 12202
$ 224,900
Bedrooms8 Baths2.0 Sq 1,540

Monthly Estimate*

$ 1,420

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Multi-Family Home for sale in Albany, NY

for $224,900 with 8 bedrooms and 2 full baths. This 1,540 square foot home was built in 1892 on a lot size of 0.03.

Welcome to 132 4th Ave, a fully updated brick two-family offering an excellent opportunity for both investors and owner-occupants. Each spacious unit features 4 bedrooms, beautifully updated kitchens and bathrooms, modern finishes throughout, and ductless mini splits for efficient heating and cooling. The first-floor unit is currently rented at $1,880 per month, while the vacant second-floor unit offers immediate occupancy or strong additional income potential with an estimated market rent of approximately $1,880 per month. With 8 total bedrooms, a solid brick exterior, and both units already updated, this property is positioned to generate approximately $3,760 per month in total rental income at market rents. Whether you're looking to expand your investment portfolio or live in one unit while collecting income from the other, this turnkey two-family is ready to go.

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Multi-Family Active

Price

$ 224,900

Bedrooms

8

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,369

Style

Traditional

Lot Size

0.03

Year Built

1892

Town/City

Albany

County/Region

Albany

MLS | Web ID

202622352

Features
Interior
Interior Amenities High Speed Internet Built-in Features Ceramic Tile Bath
Basement Full Unfinished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 1540.0
Half Baths 0
Laundry Features Common Area
Total Bedrooms 8
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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General
Sewer Public Sewer
Heating Electric Forced Air Heat Pump
Cooling Ductless
Possession Subject To Tenant Rights At Closing
Roof Flat
Garage Spaces 0.0
Architectural Style Traditional
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Construction Materials Brick
Year Built 1892
Tenant Pays Hot Water Heat Electricity Gas
View Downtown
Property Subtype Duplex
Ownership 6Pr6 12 F17 LLC
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 2
Status Active
Directions Off S. Pearl St. turn onto Morton Av. Make a left onto Elizabeth Street then left onto 4th Avenue.
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 1306.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3369.0
Home Warranty Y/N N
Property Condition Updated/Remodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=iMhG7FeBLzc&brand=0
Standard Status Active
Tax Assessed Value 0
Tax Lot 10.000
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Exterior
Exterior Amenities Other
Fencing Back Yard
Parking Features None
Lot Features Cleared
Water Source Public
Lot Size Area 0.03
Spa N
Lot Size Acres 0.03
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 132
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* Excluded Features
List By
Kevin Clancy

Listing Agent

Clancy Real Estate

Broker

(518) 461-9937

Phone

kclancy514@gmail.com

Email

Affordability Calculator

$1,701
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,420
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$224,900 Listed Price

Map


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132 4th Avenue, Albany, NY, 12202 is a Multi-Family Home for sale at $224,900 with 1,540 sqft and a lot size of 0.03. 132 4th Avenue has 8 bedrooms, 2.0 baths, and was built in 1892. The property's zip code is 12202 which is in Albany, NY