Classic Watervliet Two-Family with Strong Income Potential
Investors and owner-occupants alike will appreciate this handsome 1888 brick duplex on a tree-lined block in Watervliet, offering 2,802 sq ft of living space and separately metered utilities in both units. This up-and-down two-family features 4 bedrooms and 2 full baths total, with each unit offering 2 bedrooms, a formal dining room, eat-in kitchen, and full bath.
Period charm abounds throughout, from gleaming hardwood floors and French doors to a welcoming covered front porch. Unit 1 (first floor) is currently vacant and move-in ready, estimated to rent for $1,300/month, while Unit 2 (second floor) is occupied on a month-to-month lease at $1,000/month -- giving a new owner flexibility to set their own terms or continue with steady rental income right away.
Each unit includes its own kitchen appliances (range, refrigerator) with separate laundry for each in the basement. Separate electric and gas meters (2 each) keep utility responsibility with tenants, while the owner covers grounds care, sewer, snow removal, trash, and water -- a straightforward expense structure for any investor's pro forma.
Additional highlights include a full walk-out basement with Bilco door access, a fenced backyard, front/side/rear porches, high-speed internet availability, and public water and sewer.
Ideally located just off 18th Street, this property offers easy access to Watervliet's amenities, schools, and a quick commute to Albany, Troy, and the greater Capital Region.
Whether you're looking to house-hack, add to your rental portfolio, or find a solid multi-family investment with immediate income, 1611 3rd Avenue delivers character, location, and opportunity. Schedule your showing today!
Pending
$282,500
1611 3rd Avenue, Watervliet, NY 12189
4beds
2,802sqft
Duplex, Multi Family
Built in 1888
-- sqft lot
$274,500 Zestimate®
$101/sqft
$-- HOA
What's special
Tree-lined blockFormal dining roomFenced backyardEat-in kitchenWelcoming covered front porchFrench doorsGleaming hardwood floors
- 24 days
- 490
- 32
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna Capital Inc 518-286-1000,
John M Mooney 518-495-3629,
James A McClenaghan 518-573-7284,
Howard Hanna Capital Inc
Source: Global MLS,MLS#: 202621363
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- None
Appliances
- Laundry: In Basement
Features
- High Speed Internet, Walk-In Closet(s), Built-in Features
- Flooring: Tile, Hardwood, Laminate, Linoleum
- Doors: French Doors
- Basement: Bilco Doors,Exterior Entry,Full,Heated,Interior Entry,Unfinished,Walk-Out Access
Interior area
- Total structure area: 2,802
- Total interior livable area: 2,802 sqft
- Finished area above ground: 2,802
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: Exterior Wheelchair Lift
Features
- Patio & porch: Porch, Rear Porch, Side Porch, Covered, Front Porch
- Pool features: Other
- Fencing: Back Yard,Fenced,Gate,Partial
Lot
- Size: 4,356 Square Feet
- Features: Level, Landscaped
Details
- Parcel number: 011800 32.67112
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- None, Brick
- Foundation: Brick/Mortar
- Roof: Other,Rubber,Composition
Condition
- Year built: 1888
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
HOA
- Has HOA: No
Location
- Region: Watervliet
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $257,055
- Annual tax amount: $5,711
- Date on market: 8/11/2026
- Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas
Estimated market value
$274,500
$261,000 - $288,000
$1,622/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Pending sale | $282,500$101/sqft |
Source: | ||
| 8/11/2026 | Listed for sale | $282,500$101/sqft |
Source: | ||
| 7/17/2026 | Pending sale | $282,500$101/sqft |
Source: | ||
| 7/9/2026 | Listed for sale | $282,500$101/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $151,200 |
| 2024 | -- | $151,200 |
| 2023 | -- | $151,200 |
| 2022 | -- | $151,200 |
| 2021 | -- | $151,200 |
| 2020 | -- | $151,200 |
| 2019 | -- | $151,200 |
| 2018 | -- | $151,200 |
| 2017 | $4,008 | $151,200 |
| 2016 | -- | $151,200 +0.7% |
| 2015 | -- | $150,100 |
| 2014 | -- | $150,100 |
| 2013 | -- | $150,100 -5% |
| 2012 | -- | $158,000 +64.2% |
| 2011 | -- | $96,200 |
| 2010 | -- | $96,200 |
| 2009 | -- | $96,200 |
| 2008 | -- | $96,200 |
| 2007 | -- | $96,200 |
| 2006 | -- | $96,200 |
| 2005 | -- | $96,200 |
| 2004 | -- | $96,200 |
| 2003 | -- | $96,200 |
| 2002 | -- | $96,200 |
| 2001 | -- | $96,200 |
| 2000 | -- | $96,200 |
Find assessor info on the county website






