$390,000

Estimated payment $2,484/month

Total Views 2,297
4 Beds
2 Baths
1,860 Sq Ft
$210 Price per Sq Ft

Highlights

  • 0.43 Acre Lot
  • Window Unit Cooling System
  • High Speed Internet
  • Territorial View
  • Zoned Heating
  • Level Lot

About This Home

Ideal duplex investment opportunity - proven performance, prime location in Albany's Opportunity Zone. This well-maintained duplex is perfect for first-time investors or those looking to expand their portfolio. With long-term tenants in place and a consistent 0% vacancy rate for years, this property offers reliable, turn-key income from day one.

Listing Agent

Michael Jester

eXp Realty, LLC Brokerage Phone: 503-729-9735 License #201229193 Listed on: 07/07/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 1948

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 75' x 145'
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Schools

  • Timber Ridge Middle School
  • South Albany High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Shared Well
  • Electric Water Heater
  • Shared Septic
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0070736

Community Details

Overview

  • 2 Units
  • Fairlanes Subdivision

Building Details

  • Operating Expense $5,651
  • Gross Income $22,200
  • Net Operating Income $15,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,962

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1948
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 4
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Gravel
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Carport, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: None
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: SharedSeptic
  • Water Source: SharedWell

Condo/Co-op/Association

  • Management Name: Owner

Schools

  • Elementary School: Other
  • High School: South Albany
  • Middle Or Junior School: Timber Ridge

Lot Info

  • Zoning: UGA-UGM
  • Lot Size Acres: 0.43
  • Lot Size: 75' x 145'
  • Lot Size Sq Ft: 18730.0
  • Parcel #: 0070736

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3962.45
  • Tax Opportunity Zone: Yes

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.57
  • Annual Gross Income: 22200.0
  • Property Net Operating Income: 15550.0
  • Annual Operating Expense: 5651.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $390,000 -- $210 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 495938763

Regional Multiple Listing Service (RMLS)