Watervliet, NY 12189 · Albany County

This 1880 duplex in Watervliet contains nearly 2,800 square feet split into two units, each with two bedrooms, a full bath, and separate utilities for independent operation. The property sits on a quiet residential street in Arsenal City, a compact riverfront community north of Albany with walkable access to Hudson Shores Park and the river itself. A detached garage provides parking and storage, and the location offers convenient commute routes to Troy, Albany, and surrounding areas. With no HOA and priced at an entry point for Albany County, the property presents flexibility for an owner-occupant, investor, or both.
Two apartments, endless possibilities! Welcome to 1339 3rd Avenue, a spacious two-family home offering approximately 2,774 square feet of living space, ideal for owner-occupants and investors alike. Each apartment features two bedrooms, a full bathroom, generous living space, and large windows that fill the rooms with natural light. Updated finishes blend with the character and charm of this classic home, creating a comfortable and inviting atmosphere throughout.One of the standout features of this property is the separate gas, electric, and heating systems for each apartment, providing added convenience and flexibility. Live in one unit while generating rental income from the other, or add both units to your investment portfolio.Step outside and enjoy a spacious backyard surrounded by mature greenery, offering plenty of room for outdoor entertaining, gardening, or simply relaxing. A detached garage adds valuable parking and storage space.Location is another major advantage! Enjoy convenient access to Hudson Shores Park, Hudson River recreation, shopping, dining, and everyday amenities. With I-787 nearby, commuting to downtown Troy, Albany, and surrounding Capital Region communities is easy.Whether you're looking for a place to call home with the added benefit of rental income or searching for your next investment opportunity, 1339 3rd Avenue offers the space, flexibility, and location to make it happen.
The price signals we can read on this listing today. For a true sense of value against recent Watervliet sales, Sharon will pull the comparable closings and walk you through them.
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The price signals we can read on this listing today. For a true sense of value against recent Watervliet sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsTax estimated at the Albany County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Watervliet is in Albany County, NY. There are currently 24 active listings here, ranging from $35,000 to $798,000. Listings in this address fall under the Watervliet school district. Priced 28% above the Watervliet median of $244,900.
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The Peoples Real Estate Group · Listed by Hassan Khan (31825)
Contact: 518-951-5575
MLS #202626519 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Real numbers from current MLS data. Not a third-party estimate.





Activity across 2 MLS listings of this property.
Public assessment record for the Watervliet roll · Watervliet school district · Two Family Year-Round Residence
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $121,500 | $206,562 | +11.0% |
| 2024 | $121,500 | $186,093 | +6.4% |
| 2023 | $121,500 | $174,820 | +15.1% |
| 2022 | $121,500 | $151,875 | +8.8% |
| 2021 | $121,500 | $139,655 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-20. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.