Investor special in Albany! This up-and-down duplex at 402 2nd Street offers a prime value-add opportunity for investors, flippers, or contractors looking for their next rehab project. The property needs extensive renovation throughout, including major interior and exterior updates, but has strong upside potential once restored. Features a traditional duplex layout with separate units, offering future rental income or owner-occupant possibilities. Conveniently located near downtown Albany, schools, parks, and major highways. Bring your vision and tools -- this is a full rehab with serious potential for the right buyer.
Active
Price cut: $10K (7/21)
$79,900
402 2nd Street, Albany, NY 12206
6beds
2,300sqft
Duplex, Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$35/sqft
$-- HOA
What's special
- 95 days |
- 917 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
KW Platform 518-724-5800,
Jeury Lugo 518-335-1032
Source: Global MLS,MLS#: 202617576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,300
- Total interior livable area: 2,300 sqft
- Finished area above ground: 2,300
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Exterior features: None
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 65.5563
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $35/sqft
- Tax assessed value: $103,125
- Annual tax amount: $491
- Date on market: 5/19/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,623/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $79,900-11.1%$35/sqft |
Source:  Global MLS #202617576 Report a problem | ||
| 5/28/2026 | Price change | $89,900-10%$39/sqft |
Source: Global MLS #202617576 Report a problem | ||
| 5/19/2026 | Listed for sale | $99,900$43/sqft |
Source: Global MLS #202617576 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $99,000 |
| 2024 | -- | $99,000 +560% |
| 2023 | -- | $15,000 |
| 2022 | -- | $15,000 |
| 2021 | -- | $15,000 |
| 2020 | -- | $15,000 |
| 2019 | -- | $15,000 |
| 2018 | -- | $15,000 |
| 2017 | $409 +16.3% | $15,000 |
| 2016 | $352 | $15,000 -65.9% |
| 2015 | -- | $44,000 |
| 2014 | -- | $44,000 |
| 2013 | -- | $44,000 |
| 2012 | -- | $44,000 |
| 2011 | -- | $44,000 -50% |
| 2010 | -- | $88,000 |
| 2009 | -- | $88,000 |
| 2008 | -- | $88,000 |
| 2007 | -- | $88,000 +95.6% |
| 2006 | -- | $45,000 |
| 2005 | -- | $45,000 |
| 2004 | -- | $45,000 |
| 2003 | -- | $45,000 -25.2% |
| 2002 | -- | $60,200 |
| 2001 | -- | $60,200 |
| 2000 | -- | $60,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: West Hill
Nearby schools
GreatSchools rating
- 7/10Sheridan Preparatory AcademyGrades: PK-5Distance: 0.3 mi
- 5/10William S Hackett Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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