132 4th Avenue, Albany, NY, 12202
About This Home
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.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1892
Materials
- Roof: Flat
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Duplex,Multi Family
Interior
Appliances
- Laundry features: Common Area
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Features
- High Speed Internet,Built-in Features,Ceramic Tile Bath
- Finished area below ground: 0
- Finished area above ground: 1,540
Heating & Cooling
- Heating features: Electric,Forced Air,Heat Pump
- Cooling features: Ductless
Interior Area
- Total structure area: 1,540
- Total interior livable area: 1,540 sqft
Property
Details
- Parcel number: 010100 76.64310
- Attached to another structure: Yes
- Special condition: Other
Features
- Exterior features: Other
- Fencing: Back Yard
- Has view: Yes
- View description: Downtown
Lot
- Lot size: 1,306 sqft
- Features: Cleared
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Albany County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $158 | $1,896 |
| Property Taxes | $318 | $3,816 |
| Electricity | $254 | $3,053 |
| Total | $1,867 | $22,404 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Listing removed | $1,850 |
| 2026-08-05 | Pending sale | $224,900 |
| 2026-07-22 | Listed for sale | $224,900 |
| 2026-01-08 | Listed for rent | $1,850 |
| 2026-01-08 | Listing removed | $1,850 |
| 2025-08-17 | Listed for rent | $1,850 |
| 2025-03-06 | Listing removed | $99,999 |
| 2024-11-05 | Pending sale | $99,999 |
| 2024-10-07 | Price change | $99,999 |
| 2024-07-11 | Pending sale | $109,999 |
| 2024-06-13 | Listed for sale | $109,999 |
| 2024-06-04 | Pending sale | $109,999 |
| 2024-05-30 | Listed for sale | $109,999 |
| 2014-07-11 | Listing removed | $47,000 |
| 2013-09-14 | Price change | $47,000 |
| 2013-04-20 | Price change | $55,000 |
| 2013-04-17 | Price change | $60,000 |
| 2012-06-15 | Listed for sale | $65,000 |
| 2009-08-25 | Listing removed | $69,900 |
| 2009-06-06 | Listed for sale | $69,900 |
| 2008-07-14 | Sold | $8,000 |
| 2000-11-28 | Sold | $12,870 |
View on Zillow